Wednesday, November 23, 2011

Nomentum

My trading universe is dynamically generated, but has been consistently in the range of 2600-2700 stocks which constitutes a little less than half of the current Worden universe of 5778. Using one of the more common gauges of momentum, Price Percent Change 26-Weeks results in 352 above 0. If I wanted to get picky and reduce this list further I could remove the buy-outs, but this would do nothing to change the fact that 2286 stocks in my universe are negative.

No comments:

Post a Comment