The MACD provides several useful conditions for screening when combined with some extra conditions. Since MACD is a trending indicator the extra conditions will focus on ensuring trending stocks.

The main point of this newsletter is to highlight the ability to screen for more than one signal of the same indicator. This creates a series of events which will (potentially) give the trader a more desirable results list. Along with some base price and volume conditions a neat and tidy list can be generated.

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Avoid Day Trading Your Dollars Down the Drain

By Kori Puckett

Day traders quickly buy and sell stocks during the day, hoping their stocks will continue climbing or falling in value for the seconds to minutes they own the stock. This allows them to lock in quick profits. Day traders usually buy on borrowed money, hoping that they will reap higher profits through leverage.

Day trading, however, can be highly risky. Most individual investors don't have the wealth, time, or temperament to make money and sustain the devastating losses that day trading can bring.

Read Full Article

Upside/Downside Volume (U/DV)

The Upside/Downside Ratio is a type of volume measurement used in the analysis of markets. The Upside/Downside Volume (U/DV) Line is constructed by keeping a running total for the difference between the daily volume in advancing and declining issues. Since the indicator starts with an arbitrary number, it is usually wise to choose a relatively large number (five thousand works well). See Report.

(See Glossary)

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Pump & Dump(ster)

Occasionally, we get "Hot Stock Pick" spam in our mailbox. Normally, we delete them but from now on we're going to research them and post our results. See them here.