Wendy, the finviz screen I haven’t used in years is much better than it was.
Here’s what I am going to do to produce the entire safest lists:
- I’ll start a screen for you, me and everyone on METAR and here on Destriny Solutions Coporoation.
Here is page one:
(Here’s what page one of the screen would look like in the first Wendy Scan for NYSE stock. Know that I’m doing this quickly just as a demo and what I’m getting for NYSE stocks, over 1 million shares avg. volume, profitable, paying dividends, and a few other things tossed in on debt (which Wendy I ask you to set for how you want things for your screen. Once you got your screen, screenshoot it for me. That way, I can run your screen daily and see if anything is falling off or being added. If you feel weird about calling it “The Wendy Screen” we can Call it The Safe House Screen, The METAR Screen, whatever. But this would really be great to update weekly and have you drop it on your weekly roundup.
That said, 499 NYSE stocks pop up from the beginning of your screen:
Also, if you are reading this now: we are still not using a scanning parameter (per Wendy) to find short-term/long-term debt and its ratio to equity. I’m going to leave that to Wendy and METAR to hash out.
But in the meantime, just for giggles, I’m going to take all 125 names from this scan, put them into a chart list, and see how many of these will then meet my criteria of an SCTR of 90+.
Just a reminder: in my word, the SCTR is a great indicator, such as Morningstar 5 stars, which you can use to play THE stocks which are outperforming in their sector. We will also have (in my scans) the name of the sector the stock is assigned to. We will also see ETFs which I prefer for trading in commodities, entire sectors, world sectors (like EWW - Mexico) etc.
Which reminds me, we haven’t scanned AMEX, And with ETFs, some of these won’t have a P/E print. So I go to Page 2 of the finviz screen marked “Fundameal” and remove that P/E > 0 (I can see where this might cause mistakes going forward if I don’t save scans for NYSE, Nasdaq, and AMEX.
Here’s the AMEX scan, and without looking, I know (from my stockcharts. scans) that we should see a goodly amount of bond ETFs in this list:
And I saved the NASDAQ scan’s 125 profitable names which have dividends and are profitable:
Let me stop for a second and point out just one parameter of Wendy’s and how it changed the Nasdaq list into a safer, more workable list.
Without that second page box labled "P/E - Profitable >0 we have 196 Nasdaq names for our list.
By searching just the profitable scans, our focus just banned 71 Nasdaq names for not having any profits.
So, here are the 125 names:
Check out those 125 names because I am about to take this bull by the horns (without any debt/equity boxes checked) and whittle this down further with my SCTR scan.
I’ll be back in an hour or two.