Saluting our veterans- past and present.
Here are some stocks that bubbled to the top of my criteria-
all having good technicals and fundamentals.
The energy ones still lead the pack -
(And if you held on to the energy sector ETF
-XLE-in 2022 when the CCI / MACD told you to,
the only one of the 11 sectors having good numbers-
you've done well- up 55%)
I displayed the market cap. values in case size was
also someone's criteria in selection-
(too small, and its low volume bid-asked might be a problem).
Ticker Company Industry Market Cap
MRK Merck & Co., Inc. Drug Manufacturers 233.43B
PXD Pioneer Natural Resources Co. Oil & Gas E&P 67.75B
OXY Occidental Petroleum Corp. Oil & Gas E&P 64.35B
CTRA Coterra Energy Inc. Oil & Gas E&P 27.92B
CSL Carlisle Companies Incorp. Building Products & Eq 12.98B
MNRL Brigham Minerals, Inc. Oil & Gas E&P 1.82B
VHI Valhi, Inc. Chemicals 1.39B
DMLP Dorchester Minerals, L.P. Oil & Gas E&P 1.15B
SD SandRidge Energy, Inc. Oil & Gas E&P 900.94M
HDSN Hudson Technologies, Inc. Specialty Chemicals 435.60M
ESEA Euroseas Ltd. Marine Shipping 230.26M
9 Likes
Forgot to add a link from finviz.com that will
give more detail about these stocks should you
want more info on them.
6 month returns sort:
https://finviz.com/screener.ashx?v=141&t=CTRA,ESEA,MNRL,…
Mkt cap. sort:
https://finviz.com/screener.ashx?v=111&t=CTRA,ESEA,MNRL,…
4 Likes
Well, let’s see just what happened to these picks.
Most had a very good week after posting.
But around June 7 (a week after posting),
just about all of them had their
CCI(20) drop below 100 and just kept falling
from then.
Here’s an example of one: SD, up about 20% a week
after posting (now down about 20%).
CCI went below 100 and look out below!!!
https://schrts.co/GqyThUSM
https://stockcharts.com/h-sc/ui?s=SD&p=D&yr=0&mn…
(The CCI is overlayed on the price on the bottom panel
as well as by itself on the top panel)
Guess in a volatile market, you have to be quick
on trigger if things (the market in general) start to sour.
3 Likes
Another view. https://schrts.co/ndGypupM