Stock Scan Results by the Rambunctious Pig As At 8:15 am EST November 25, 2014

Todays Stock scans are more or less a comparison between the NYSE and the Nasdaq exchanges, they seem to move in harmony. I have done several comparisons as you will see below.


These results are for November 24 close.

I was surprised to see the similarity in the results.

Later I will add 56 Forex pairs to the mix as well as  a couple more stock scans.


Good Trading..!

Stock Scan Results by the Rambunctious Pig As At 7:15 pm EST November 22, 2014

The contents of this post may temper your trading strategy for the next couple days. I have created an 'index' of 992 stocks that trade between $10 and $25 at the close Friday so that I can measure certain aspects of that 'index' and also to compare individual instruments against it as well.

The first scan that I can describe was to measure the momentum of the index and also the momentum of the 992 instruments as decreasing or increasing as of Friday close.


First, here is the chart of the index that I created.

The lower chart shows the 'homemade' momentum indicator and, as you can see, the momentum is almost neutral for the group.

Next I did a scan to determine how many are decreasing and how many are increasing in momentum.

• Decreasing in momentum are 508 instruments
• Increasing in momentum are  484 instruments

The count is just about even and not really anything to base any decisions on based on Friday's data.

Here is another look at the same chart with a Slow Stochastic.

As you can see, the Slow Stochastic is approaching the overbought area which may indicate a move is coming.

Certainly we can not use this chart as any measure except perhaps to consider when making the trading plan for the next week.

I wanted to share that research today and as time passes I will be improving the scans on that group of stocks and sharing those with you.

I wish you the best with your trading strategy for the coming week.

Good Trading..!

12 Excellent Books To Enhance Your Library OF Trading Strategies

What will we use for a Trading Strategy ?

How do we know what to look for on a chart?

Where will we place our entry?

What sort of indicators will show us what we need to know?

How to we evaluate our trading strategy?

How much will this strategy produce?

How much do I stand to lose from an entry using this strategy?



Traders and investors face this dilemma every day, many questions and possibly doubts and worries. The biggest problem is that there are many excellent answers and solutions if we only knew where to find those.

Mr. Market is one crafty dude and is determined to show us a different face every day which makes our selection of a strategy a job that requires much study and painstaking research. It seems that as soon as we develop a system that appears to work our stop loss gets hit a few times and we have to start over.

Therefore the need for good quality research and a library filled with resources so that we can locate ideas and solutions and inspirations.

I have gathered a selection of good books that you can have a look at, hopefully there will be some rewarding ideas for you.

Enjoy..!

The Simple Strategy - A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs and Forex Check out customer reviews Author:Markus Heitkoetter,Mark Hodge Format:Kindle eBook Binding:Kindle Edition Manufacturer:Rockwell Trading Services LLC Learn A Powerful Day Trading Strategy In Less Than 60 Minutes A profitable trading strategy is the most important tool for a trader. This book explains a powerful trend-following day trading strategy for trading futures, stocks, ETFs and Forex. 'The ... Read more ...	The Encyclopedia of Trading Strategies Check out customer reviews Price:$40.21 New:$15.26 (24) New:$8.86 (32) Eligible for FREE Super Saver Shipping Author:Jeffrey Owen Katz Ph.D.,Donna L. McCormick Binding:Hardcover Manufacturer:McGraw-Hill The Encyclopedia of Trading Strategies is for traders who want to take the next step to consistently profitable trading. The authors--themselves seasoned veterans of the futures trading arena--pinpoint the trading methods and strategies that have bee ... Read more ...
High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets Check out customer reviews Price:$43.08 New:$31.85 (45) New:$27.99 (22) Eligible for FREE Super Saver Shipping Author:Robert C. Miner Binding:Hardcover Manufacturer:Wiley In High Probability Trading Strategies, author and well-known trading educator Robert Miner skillfully outlines every aspect of a practical trading plan–from entry to exit–that he has developed over the course of his distinguished twenty-plus-year ca ... Read more ...	Explosive Stock Trading Strategies Check out customer reviews Price:$27.35 New:$25.73 (4) New:$21.88 (6) Eligible for FREE Super Saver Shipping Author:Samir Elias Binding:Hardcover Manufacturer:Lovoc Group Inc Success in trading depends on one's ability to risk their money only on high probability trades. In this book Dr. Samir Elias, author of Generate Thousands in Cash on Your Stocks Before Buying or Selling Them,distills his years of trading experience ... Read more ...
Building Reliable Trading Systems: Tradable Strategies That Perform As They Backtest and Meet Your Risk-Reward Goals Check out customer reviews Price:$47.19 New:$40.68 (32) New:$40.67 (13) Eligible for FREE Super Saver Shipping Author:Keith Fitschen Binding:Hardcover Manufacturer:Wiley An award winning system developer explains how to create, test, and implement a profitable trading systemTraders have long been drawn to the idea of translating their strategies and ideas into trading systems. While successful trading systems have be ... Read more ...	Trading Strategies From a Trading Skeptic Check out customer reviews Price:$21.11 New:$21.10 (13) New:$14.95 (7) Eligible for FREE Super Saver Shipping Author:Dan Murphy Binding:Paperback Manufacturer:Joshua Tree Financial, Inc. Fact: 95% of short-term traders lose money. Even worse, the average stock-picking newsletter has returned -3.7% annually over the past 30 years!(Source: Jack Schwager, Market Sense and Nonsense). Despite the seemingly insurmountable odds of becoming ... Read more ...
Algorithmic Trading: Winning Strategies and Their Rationale Check out customer reviews Price:$44.04 New:$36.95 (41) New:$36.95 (15) Eligible for FREE Super Saver Shipping Author:Ernie Chan Binding:Hardcover Manufacturer:Wiley Praise for Algorithmic Trading'Algorithmic Trading is an insightful book on quantitative trading written by a seasoned practitioner. What sets this book apart from many others in the space is the emphasis on real examples as opposed to just theory. C ... Read more ...	Short Term Trading Strategies That Work Check out customer reviews Price:$35.34 New:$30.00 (7) New:$22.50 (12) Eligible for FREE Super Saver Shipping Author:Larry Connors,Cesar Alvarez Binding:Hardcover Manufacturer:TradingMarkets Market volatility has been at record levels in recent months, leaving every trader and investor to ask the same question: 'Am I prepared to handle the market conditions?' In Larry Connors', CEO and Founder of TradingMarkets, Short Term Trading Strate ... Read more ...
Stock Market Edges: A quantitative guide to developing winning trading strategies Check out customer reviews Author:Philip Reschke Format:Kindle eBook Binding:Kindle Edition Improve the precision, accuracy and profitability of your stock market trading strategies by leveraging some of the many market edges that successful traders exploit every day. Read this book to learn how to: - Improve the accuracy and profitabilit ... Read more ...	Explosive Stock Trading Strategies Check out customer reviews Price:$27.35 New:$25.73 (4) New:$21.88 (6) Eligible for FREE Super Saver Shipping Author:Samir Elias Binding:Hardcover Manufacturer:Lovoc Group Inc Success in trading depends on one's ability to risk their money only on high probability trades. In this book Dr. Samir Elias, author of Generate Thousands in Cash on Your Stocks Before Buying or Selling Them,distills his years of trading experience ... Read more ...
Short Term Trading Strategies That Work Check out customer reviews Price:$35.34 New:$30.00 (7) New:$22.50 (12) Eligible for FREE Super Saver Shipping Author:Larry Connors,Cesar Alvarez Binding:Hardcover Manufacturer:TradingMarkets Market volatility has been at record levels in recent months, leaving every trader and investor to ask the same question: 'Am I prepared to handle the market conditions?' In Larry Connors', CEO and Founder of TradingMarkets, Short Term Trading Strate ... Read more ...	Algorithmic Trading and DMA: An introduction to direct access trading strategies Check out customer reviews Price:$35.80 New:$35.80 (5) New:$29.00 (18) Eligible for FREE Super Saver Shipping Author:Barry Johnson Binding:Paperback Manufacturer:4Myeloma Press Algorithmic trading and Direct Market Access (DMA) are important tools helping both buy and sell-side traders to achieve best execution. This book starts from the ground up to provide detailed explanations of both these techniques: An introduction ... Read more ...