This Week’s Best PowerRatings Stock – ACY
Today’s
PowerRatings
article looks at the best performing stock for the past five days:
Aerocentury Corp.
(
ACY |
Quote |
Chart |
News |
PowerRating)
The chart below shows that ACY had been rising
for four straight sessions from 2/28/07 to 3/06/07. This coincided with a
PowerRating of
1 on 3/06/07 suggesting ACY was likely to underperform the S&P 500 over
the next five days.
Also, we can also utilize our
new indicator
lists to further increase your historical edge before entering. One of
our new bearish indicators compiles stocks that are up 10% over the past week.Â
From 2/28/07 to 3/06/07, ACY ran up an over 49%. This was a clue that the
move was not going to last. Â
Being up over 10% over the past week and having
the lowest PowerRating made ACY a strong short on 3/06/07.
Over the next five sessions ACY dropped 21.67%.
PowerRatings performance shows the returns versus
the S&P 500 for the equivalent 5-day hold. The stocks which have had a PowerRating of 8 have outperformed the S&P 500 index on average over the next 5
days by an 5.8-1 margin. Stocks with a PowerRating of 9 have outperformed by a
10.1-1 margin. Stocks with a PowerRating of 10 have outperformed the S&P by
nearly 14.7-1 margin. This potential edge opens up a number of possibilities for
your trading and investing.
One more interesting fact about the
PowerRatings; PowerRatings of 1 and 2 have on average lost money over the next
week. A PowerRating of 1 has underperformed the S&P 500 by a 5-1 margin.
Obviously, you should ideally be looking to be buying high PowerRating stocks
and avoid (or short) low PowerRatings stocks.
If you would like to attend a free class which covers this
research and strategy further, please
click here
for the calendar of the upcoming online classes. Topics
covered include our latest research on
entries and exits, and
how to use PowerRatings with our new
Preferred Stock List.
For a free PowerRatings trial,
click here. If
you have any questions about PowerRatings or the new Stock Indicators please
feel free to email us or call 213-955-5858 ext 1.
Darren Wong
Associate Editor
Reminder: We are in no way recommending the purchase or short sale of these
stocks. This article is intended for education purposes only. Trading should be based on your own understanding of market conditions,
price patterns and risk; our information is designed to contribute to your
understanding.