Daily market Comments - May 31, 2006  3:29 PM

Stock Market Screener

Stock Market Screener – How To Screen The Entire Stock Market For The Best Trade Setups Of The Day.

Did you know you could have your own personal “stock market screener”?

It’s true. There is PC software available that will go out and find any kind of trade setup imaginable. Let’s think a little about what that really means.

The “old”, pre-PC way of investing and trading involved poring over corporate balance sheets until your eyesight went blurry, trying to catch some “undiscovered” value play. Or trying to use and understand complicated technical analysis setups, and looking at chart after chart in hardcopy chart books, seeing if you could catch any of the chart patterns. Needless to say, these were tremendously boring, arduous tasks. Not to mention the incredible amounts of time they took.

Stock market screening software has turned that process completely around.

Yes, now you can simply program software to show you exactly what you want to see, to serve you the best trade setups of the day, based on whatever criteria you desire, on a silver platter.

I want you to notice a phrase I used in the above sentence. It’s crucial to your success in today’s hyper-volatile stock market. It’s the phrase “best trade setups of the day.”

Why is this so crucial in today’s stock market?

It’s because of the modern-day technology being used. In the past, it used to take hours, if not days, to get stock market data to us individual investors, if we could get it at all. The stockbrokers and their firms used to “own” that information, to be disseminated out to their clients piecemeal, if at all. It was “proprietary” information then, and the brokers could charge huge commissions to their clients for the “rights” to this information. Not any more.

Now the individual investor or trader can get just about any information imaginable at the click of a mouse. Some traders and investors are even complaining about “too much information” being available – and are totally confused about what information is truly valuable and what is just “noise.”

I think this “problem” gives astute investors and traders an edge. Those who are able to “cut through the noise” and use these sophisticated stock screener software systems to their advantage – to simply serve up the best trade potentials of the day – are at an EXTREME advantage compared to everyone else.

Here’s a great example of what I’m talking about.

Remember the phrase I used above? About the “best trade setups of the day?” Here’s one way I find those.

There’s a scan I programmed in my favorite stock screener software I call “Big Movers On Big Volume”. It’s an extremely simple scan that shows me exactly what I want to see in the market that day – Big Movers On Big Volume.

If a stock is moving up violently in price, on big volume, something is happening to that company, on THAT DAY. That “something” could be anything, and is really not important. The fact is - SOMETHING is happening to force the price of the stock up on that particular day.

And that particular SOMETHING could be something coming “out of the blue” – that no stock analyst, no stockbroker, no investment or trading newsletter, not the Wall Street Journal nor Investment Business Daily - no NOTHING – could have ever predicted.

Do you know what this means? This is the closest thing to having an “edge” in the stock market you will ever get, especially if you can run your scans several times during the day to stay on top of the market action. You will see things happen to stocks as they happen, and not days later, when it may be too late to take advantage of the move.

And I’m not talking about “day trading”, at least not in the usual understanding of the term. I’m not talking about making dozens of trades each day, trying to “scalp” an eighth of a point here, and a quarter point there.

I’m talking about percentage gains. These trade setups lead to unreal short-term percentage gains – I’m talking double-digit percentage gains within days. And you don’t need too many of those to make a huge change in your portfolio’s performance.

Recent examples? How about SIMC’s 11.59% gain just yesterday, or IFO’s 12.4% gain so far today? They are out there each and every day, even in a rotten market environment.

I teach my Trade Your Way To Wealth Members how to set up this particular software (I’ll tell you what software we use in a few minutes) to find these market-beating trades each and every day.

I have to tell you, this really beats the “old”, backwards way of trying to find the best stocks to invest or trade in. With my method, I can start from “scratch” each day and just let my stock screener software sift through thousands of stocks out there and give me the 15 – 20 best trade potentials of the day in about three minutes. Then it takes me about another ten minutes to find the “crème de la crème” of the trade setups.

And, needless to say, this is FUN too! It’s like Christmas morning each and every day, because you never know what “gifts” the market will give you that day!

I urge you to take this software for a trial run – I think you’ll be hooked. See below for details.

Due to the length of today’s article, we’ll skip our Mental Fitness For Traders lesson for today.

And now, on to business…

As I am typing these words, the markets are in the green, but off the highs of the day as concern about the content of the Fed meeting minutes weighs on the market. We will be watching closely to see how the markets react.

Here’s a stock reacting positively today…

Stock For Review

Our Stock For Review today is LDSH – Ladish Co. Inc.

LDSH is showing a nice Bullish Kicker Gap today, and a continuation of an uptrend. It’s up on volume 194% above normal.

LDSH may just make your portfolio “LUSH”!

Most Recent Double-Digit Percentage Gainers In One Day…

Here are a few of the DDPG’s since our last update:

SIMC – 05/30/06: Up 11.59% in our ARM Plays area.

Products Of The Day

The best stock screener software money can buy…

Stock Screening Par Excellance! Here’s the software we use to find the biggest gainers of the stock market

I’m teaching my Trade Your Way To Wealth Members how to find these explosive trade setups each and every day. I invite you into my Inner Circle of Stock Market Assassins!

Here are some tools to help you in this area:

Trading Mind Software! Get “mentally fit” for trading in the fastest time possible.

Read more about this incredible TradingMind Software!

Summer Investing Special!

We are trying to make our way through the worst May since 1984 for the stock market! Now we’re heading into the summer, when volume settles down, but volatility heads up. You’ll need to know how to navigate those treacherous summer waves in the market.

Sign up for my Trade Your Way To Wealth Quick-Start E-Class right now, and I’ll knock off 500 bucks for the first ten students who enroll. Your success is guaranteed! If interested, click on the link below, and Tim will send you a special coupon code to sign you up immediately. Coupons are being snapped up as I am typing these words. Better hurry!

Oh, one more thing. I don’t usually do this, but if you sign up for the software I use through the above link, and then sign up for the e-class below, I’ll personally help you set up the Big Movers On Big Volume scan I use to find the strongest trade setups each day.  I’ve never done this before in the e-class, since I usually reserve that scan for my $1,000 a month premium service. And this is a limited time offer, just for this summer special.

Click here to get your special coupon code to knock off $500 from the regular price!

Click here for more information on the e-class!