Stock Market Overview
A Technical and Fundamental Stock Screener for traders and investors
Fundamental Screens:
Caviar Cruise Full - Finding Stocks for Quality Investing
This screen also has a base version, but in this version we added some additional criteria to find stocks which qualify for quality investing. Quality investors only invest in the best and most profitable companies available. The screener can filter for criteria which are quantifiable, but besides this more research should be done on the results. Make sure to check the linked article for more information on quality investing and the screen.
O'Neill CANSLIM High Growth screen
This is a base stock screener configuration for the CANSLIM system introduced by William O'Neill. It is intended as a starting point and the settings are discussed in more detail in the linked article. CANSLIM is a system with strong fundamental criteria related mostly to EPS growth, but also has some pure technical requirements as well as entry and exit rules.
The little book that makes you rich - growth stocks
This configuration of the stock screener was created based on the rules described in the book "The little book that makes you rich", by Louis Navellier. The book defines eight criteria that should be met before a stock qualifies as growth stock which fits the system. These eight rules were converted into screener settings and there is a linked article available which discusses this screen a bit deeper.
Dividend Screens - Best Dividend Stocks using the ChartMill Dividend Rating Filter
The "Best Dividend Stocks" screen uses the ChartMill Dividend Rating to find the best stocks for dividend investing. The dividend rating takes into account reliability and sustainability of the dividend. We also use the health and profitability ratings to make sure only solid stocks are selected.
Technical screens for day, swing and position trading:
Squeeze Play Setups
This screen finds squeeze play setups on stocks that are in a strong uptrend. A squeeze play setup occurs when the Bollinger Bands are inside the Keltner channels. When this happens, the stock has been trading in a narrow range for a while. A major move could happen when the stock breaks out of this trading range.
Bull Flags
This screen finds bull flag patterns. A bull flag is a technical continuation pattern which can be observed in stocks with strong uptrends. The pattern takes shape when the stock retraces by going sideways (or by slowly declining) after an initial big rise in price. When you see the graphical representation of this pattern, you’ll notice that it somehow looks like a flag on a pole.
Momentum Screens - Pocket Pivot Today in Strong Stocks (high relative strength)
This screens searches for Pocket Pivots in Strong stocks that happen near the SMA(10). A pocket pivot is a positive sign of price/volume behavior. Whether the stock is a buy or not remains to be judged on a case by case basis.
New On ChartMill
New Article: Understanding the Dark Cloud Cover Pattern in Trading
This pattern forms when a rising trend comes to an end. The Dark Cloud Cover is a bearish reversal candlestick pattern that consists of two candlesticks, with the first being a long bullish candlestick (white or green) and the second being a long bearish candlestick (black or red).
New Video: 4 basic fundamental screens that will boost your search for the best stocks.
Investors come in different styles and sizes. In this article we take a look at four different fundamental screens that can serve as a basis for building your own investment portfolio with ChartMill. I'll explain what each style entails and what basic filters you can use in ChartMill to get a first basic selection.
New Video: Support and Resistance Screening Filters in ChartMill
Support and resistance are technical price levels that are important for investors whose strategy is based on technical analysis and price action. However, fundamental investors can certainly benefit from these price levels as well. After all, these are specific price zones that are watched by a lot of buyers and sellers and where there is a lot of price action. That allows for better timing of entries and a better delineation of risk.
News
Time to go contrarian with short AI and long Hong Kong?
The stock market swithched up its narrow breadth narrative to close out last week and those looking for a contrarian bet may want that trend to continue.
Based on good technical signals, FIRST SOLAR INC is potentially setting up for a breakout.
Good technical signals and a possible breakout for IVERIC BIO INC.
Stocks slide as all eyes on debt ceiling vote: Stock market news today
US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, strong US jobs data and China’s economic woes pressured global markets.
ASX set to jump as jobs report sparks Wall Street rally
Wall Street rushed higher after a strong report on the US job market suggested a recession may not be as close as investors had feared.
U.S. Money Supply Hasn't Done This Since the Great Depression, and It Implies Something Big for Stocks
For only the fifth time in 153 years, the M2 money supply is contracting by at least 2%.