Only two

Investing Strategies Market Screens
1

Last week, there were only two stocks that
passed my 12 fundamental criteria with a
CCI value of above 100.

So far, doing both well.

They are SAFM (Sanderson Farms) and MRK (Merck)

Just ran the program again, and only those
two popped up. Will add if something new comes up.

https://finviz.com/screener.ashx?v=111&t=SAFM,MRK
https://finviz.com/screener.ashx?v=141&t=SAFM,MRK

Looks like there might be some sector rotation
out of oil/energy and into foods, travel/leisure and biotech.

6 Likes
2

tpoto,

https://schrts.co/FMYVmzkA

Ran my scanning tools for Stockcharts and found 77 crossing above -100 heading North.

//Scan 11AAA - CCI-20 Bullish (crossing above - 100 )

[type = stock] AND [country = US]
//and [SCTR > 90]
and [Daily EMA(5,Daily Volume) > 500000]
and [Daily EMA(20,Daily Close) >10]
and [Daily CCI(20) crosses -100]

Have over a half dozen other CCI scanning tools.

Quillnpenn -

3 
Here is some simple (and understandable!!) code			
from [stockfetcher.com](http://stockfetcher.com) that looks for stocks			
with CCI on the move. (No attempt was made to			
do any optimizing.)			
			
cci crossed above -100 in the last 2 days			
cci has been rising for 3 days			
volume is above 1000000			
price is above 50			
			
			
The site also shows how the stock/ETFs that passed			
the code performed over the following month.			
			
In this time period, seems that the energy stocks and			
ETFs are making a comeback.			
			
So as an example, XLE passed the code criteria.			
In the last year, if you bought when condition was met			
and held for a month			
there were 5 gains and 2 losses.			
And the next following section shows the date and			
amount.			
			
	XLE - Select Sector SPDR-Energy		
1 Month			
60.40%	Cumulative Change		
5	# of Gains		
2	# of Losses		
71.43%	Percentage Profitable		
			
1 Month			
-5.63%	Tuesday July 13, 2021		
17.06%	Thursday September 23, 2021		
-3.82%	Wednesday November 24, 2021		
 9.74%	Friday December 3, 2021		
20.05%	Thursday December 23, 2021		
 8.09%	Tuesday March 1, 2022		
14.90%	Thursday April 28, 2022		
			
	-----------------------------		
			
	OXY - OCCIDENTAL PETROLEUM CORP		
1 Month			
20.57%	Cumulative Change		
1	# of Gains		
0	# of Losses		
100.00%	Percentage Profitable		
			
1 Month			
20.57%	Monday May 2, 2022		
			
	-----------------------------		
			
	DVN - Devon Energy Cp		
1 Month			
47.05%	Cumulative Change		
3	# of Gains		
0	# of Losses		
100.00%	Percentage Profitable		
			
1 Month			
14.40%	Wednesday January 26, 2022		
 4.94%	Friday March 18, 2022		
27.70%	Thursday April 28, 2022		
			
	-----------------------------		
			
	XOP - SPDR S&P Oil & Gas Exploration & Product		
1 Month			
76.51%	Cumulative Change		
5	# of Gains		
1	# of Losses		
83.33%	Percentage Profitable		
			
1 Month			
 8.28%	Thursday August 12, 2021		
24.64%	Tuesday August 24, 2021		
-7.29%	Wednesday November 24, 2021		
 9.98%	Friday December 3, 2021		
22.90%	Friday February 25, 2022		
18.00%	Thursday April 28, 2022		
			
			
	-----------------------------		
			
	CVX - Chevron		
1 Month			
67.05%	Cumulative Change		
6	# of Gains		
0	# of Losses		
100.00%	Percentage Profitable		
			
1 Month			
 5.24%	Tuesday August 24, 2021		
14.03%	Thursday September 23, 2021		
 0.65%	Wednesday November 24, 2021		
16.29%	Thursday December 23, 2021		
21.85%	Thursday February 24, 2022		
 8.98%	Thursday April 28, 2022		
			
	-----------------------------		
			
	FANG - Diamondback Energy Inc		
			
1 Month			
50.42%	Cumulative Change		
5	# of Gains		
1	# of Losses		
83.33%	Percentage Profitable		
			
1 Month			
-4.81%	Wednesday November 24, 2021		
 4.98%	Tuesday December 7, 2021		
21.43%	Thursday December 23, 2021		
 6.24%	Thursday January 27, 2022		
 4.49%	Friday March 18, 2022		
18.09%	Thursday April 28, 2022		
			
Not all the stocks that the code found were
profitable. So you have to invest wisely...
3 Likes
4

tpoto,

when you ran your tests, what was the CCI ( value ).

When I ran my scanning tests as shown on the chart was CCI(20).

I would like to re-run my tests with the CCI value you used.

Can you show a chart of any stock found?

Just wanted to follow up and confirm your results.

Quillnpenn -

5

Technical note-

Different sites use different values (days)for default values-
if nothing is specified, i.e. just CCI.

Seems that stockchart.com uses 20 - CCI(20).
While stockfetcher.com uses 14 - CCI(14)
The later is what I used in my previous post to
obtain those results.

Naturally, a user can specify any value, though, just like
calculating a moving average. Even CCI(100) gives some nice results.

3 Likes
6

re: CCI’s

thank you for the heads up. Thought I made an error.

Quill -

1 Like