1. Your Questions About Etf Screener
Steven asks…
Research material for stocks and ETF's?
Hello everyone. I was wondering if anyone knew of a great website for Stock screeners or ETF
screeners. I wanted to make sure that I invested in the best Stocks and ETF's at the right time
and wanted to know if there was a site that picked winners and was updated daily or at least
weekly with their picks. If anyone primarily uses a certain site and has done well, I would
appreciate the info. Please, only investors who are serious and have been investing for at least
5 years with good success(over 10% annual return). Thank you
Steve Winston answers:
My husband uses Morningstar primarily but he does check with other sites as well.
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2. Laura asks…
Where do I find Chinese gold mining ETF's?
They are hard to find using the yahoo stock screener. I would appreciate any advice. Thanks
Steve Winston answers:
You can try: http://www.best-of-etfs.com/family.asp?fam=EXTRADED
...but I doubt if you'll find one based solely on Chinese miners...might have to settle for " gold" or
" precious metals".....or find individual companys ...there might be very few, and maybe not
publicly traded yet.
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3. Robert asks…
Every stock has to Cross 50 Day moving average?
There are multiple gurus
Graham, perter lynch, warren buffet etc.
There are multiple strategies
CANSLIM, MAGNET etc
There are multiple methods
Value, Growth, Dividend, GARP, Momentum, Relative strength, Swing trading etc.
There is lot of confusion, among brokers, screens, portfolios etc.
I invented a simple strategy, tell me pitfalls and your opinions.
If you buy one stock, it may doom or it may raise only little bit. To overcome this, Buy group of
Stocks.
Every stock has to eventually cross 50 day moving average when its raising. It falls below it
when its falling.
So buy Top 20 diversified stocks(fundamentally strong with growth characteristics, ROE 15+)(5
from no1 sector, 5 from no2 Sector, 5 High growth, 5 small cap growth) which ever crossing 50
day moving average. and drop them which ever is falling 50 EMA.
2008, BEAR MARKET:
If nothing you found which crossed 50 day moving average, then keep it in cash. If only 10
passed, then invest only 50%.
BULL MARKET:
If too many passed 50 day moving average, then filter them to best & diversified 20. Dont buy
too many. diversification dilutes the growth.
To do this..you need zero cost trading broker. you are creating your own ETF.
folioinvesting.com or buyandhold.com offer flat fees. you can change your portfolio on daily
basis.
You are actively adding and eliminating on daily basis. You need a nice screener which can
automatically finds best 20 every day. that screener must have (sector/growth/moving average
capabilities). I like charles shwab A rating stocks or Fidelity scorings or TDameritrade pre
defined, or IBD 50, Zacks 1 Rankings, screener.
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4. You can do this with ETFs too. buy 10 etfs which passed 50 day moving average. sell which
falls below it. Do it every day. if you buy one ETF, it may not grow.
My Question is:
Does any one tried this?
What is your experience?
What are hidden pitfalls?
Do you have a better system than this?
Or any ideas to optimize this formula?
Steve Winston answers:
50 day MA is only one indicator. Never make a decision based on one indicator. You should
have at least three indicators to use to make any trading decision for entering or exiting a stock.
Depending on a trading strategy, some use 8 dayMA others 10 day MA others 30 day MA
others 50 or 200day MA. A good trader or investor would never use just one indicator.
William asks…
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5. can someone tell me the risks in investing in these kinda
companies?
ran yahoo stock screener with my criteria and out came on the top 25-30 the same kind of cos
like Chimera investments , MPV etc. Are their Div% too good to be true ? How do they get so
good earnings and What is the CON side in investing in these kind of cos ...
I plan to put some money in these cos and in ETF's ( prec. metals ) . A good bit I'd day.
What'd be the Advantage of these good div cos ( I am esp afraid of price falling and earnings
drop ) vs Prec. Metal ETS's ( like I - shares )
Steve Winston answers:
Cim's dividend rate is artificially high since the share price took a major haircut, although, at its
current price, it seems like a good bet.
If the rate stays anywhere close to what it is for a quarter or two, nice return
if the price appreciates only a little bit during that time, twice the return
for a safe dividend return with a [reasonably]safe return, look at GIM
precious metals are a tough one, etfs not withstanding
maybe look at etfs that specialize in two areas.
Gold/silver/precious metals
and
non-precious metals
copper, iron, zinc
there is a lot of buzz about rare earths lately.
If that is of interest
REE
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