Daily Ticks

Daily Ticks

Aug 25, 2006

A list of what’s got our attention today:

Evaluating Stock Market Blogs

Dr. Brett Steenbarger offers a 4-point criteria for judging blogs (especially financial ones) as worthy of your precious reading time in an article about stock market blogging.

“Clearly there are more blogs out there than we can hope to follow regularly. Accordingly, I thought I’d pass along a few of the ones that I have found to be particularly worthwhile. These sites offer four basic features:

  1. Frequently updated content –at least daily
  2. Unique content–fresh perspectives on markets, the economy, stocks, trading, etc.
  3. Knowledegable content–information based on clear reasoning, research, and experience.
  4. Participation in the blogger community – linking content to broader material
    in the blogosphere and on the Web for enhanced depth of coverage.

Let’s look at a few examples of each:”

Tracking TRIN Numbers Ahead of Market News

Brett wrote another article earlier this month about TRIN values (“When Investors Don’t Believe a Market Rise: High TRIN, High Price“). Here is a real-time update on the TRIN for several markets to keep an eye on as you approach key market announcements like economic numbers, Fed meetings, etc.:

Stock Scan Spotlight: 7 Day Consolidation

This list shows which stocks have been consolidating for the previous 7 days. This is based on a 40 day stock chart. The request is exactly 7 days, no more, no fewer.

The symbols are sorted by volume, with the highest volume stocks on top. Low volume stocks may not appear at all. This is a limit of the stock screener, not the real-time product.

There are some interesting names on this list as of today like AAPL, AMZN, BAC. These tightening ranges, like a coiled spring, may indicate significant moves are ahead.

More free end-of-day scans are available in our Research Center.

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