stock earning ER option

ERTrack MoneyFlow PK  WSJ MoneyFlow uses propriety method to calculate Money Flow, In the next three days, we will compare our MFlow with the famous WSJ money flow to see which one is more useful. We compare them by the following play rule:

USE full account money to trade 10 stocks equally based on and WSJ money flow, we buy the top 5 money flow in stocks and short the top 5 money flow out stocks based on close price. Then we calculate the account performance after next day market close.

Here is the WSJ 2/7/2017 Top FLOW IN and OUT lists:

Here is the Top money Flow List:

Here is spread sheet :

In summary, if you based WSJ MFLOW to buy and short the top 5 and bottom 5 stocks yesterday, your account will post a -1.71% return today, while if you based on MFlow to do the same thing, your account will post a 0.85% Return today, compare the S&P 500 return of 0.13%, which is not bad.

Let’s wait and see tomorrow’s PK !

2/7/2017: stock picks and update By SEED

Today’s one of hot stock definitely is Advanced Micro Device (AMD). The post earning continuous push ups made price high at $14.27, then reverse back to give back all gain to close lower at $13.29. This price action showed the RSI daily divergence. If tomorrow price continue to pull back, the divergence start to work. Note, with this divergence, there is no chase even the price does not immediately pull back.

  • 2 buy levels: $12.5: the break out level, $11.5: one of transaction congestion area
  • upside target is measured move $15.42
There are two recommendations are following. They are both fiver optics stocks. The first one is Finisar (FNSR). The price comes out from short term MAs resistance and get to 50 days MA. All technical indicators run positively. I believe the price will overcome this resistance without much effort.
  • buy entry 30~30.8
  • upside target : 33, 35, 37
The second stock is LITE. The price shoot up with huge buying volume after earning post. All technical indicators are positive. All short term MAs are lined up for support.
  • Buy entry 39~40
  • upside target the top trend line around 43~44.
In summary, no chase on AMD since the RSI daily top divergence. Buying dip on AMD is still good. Lite and FNSR are good buys. It even is ok to chase with small premium.