Zacks.com featured expert Kevin Matras highlights: Lithia Motors Inc., NCR Corp., TransDigm Group Inc., AMETEK, Inc. & Harley..
May 02 2012 - 10:27AM
Zacks
Chicago, IL – May 2, 2012 - Stocks in this week's article
include Lithia Motors Inc. (NYSE: LAD), NCR Corp.
(NYSE: NCR), TransDigm Group Inc. (NYSE: TDG), AMETEK,
Inc. (NYSE: AME) and Harley-Davidson, Inc. (NYSE: HOG).
Kevin Matras shows how to use weekly price and volume to help
determine future market direction and spot institutional
buying.
Screen of the Week written by Kevin Matras of Zacks
Investment Research:
With the market gyrating up and down lately, it can be difficult
to determine which stocks are poised to move higher and which ones
are just marking time before heading lower. One of the best ways to
determine this is to look at the volume; specifically, how the
price and volume move together.
I mention this because price typically follows volume. So in
this week's screen I want to focus on stocks with increasing Price
and Volume.
One of the reasons why I like to look at increasing volume is
because it's one of the best ways to spot institutional buying.
This is important because regular, everyday investors do not have
the power to move the market or to make a noticeable blip on the
volume's bar chart. But big institutional traders do. And nothing
can move a market more than seeing these guys pile in.
When you hear someone say the market was up or down on big
volume, that's more than just an interesting fact. To the
technically savvy, that can act as a clue to investor sentiment and
a chance to get in and ride the wave while the big guys are getting
in.
So in this week's screen I'm searching for stocks with
increasing volume over the last couple of weeks. Not just a couple
of days, but weeks. This helps me see true demand that seems to be
building over time. There may be an occasional light day here and
there, but in total, I want to see it growing week by week.
And while there are plenty of stocks that fail to meet these
criteria right now, there are lots of really great stocks that do,
and those are the ones we're concentrating on.
The parameters to the screen I'm running this week are as
follows...
For the rest of this Screen of the Week article, please visit
Zacks.com at: http://www.zacks.com/commentary/20924/
Sign up now for your free trial today and start picking better
stocks immediately. And with the backtesting feature, you can test
your ideas to see how you can improve your trading in both up
markets and down markets. Don't wait for the market to get better
before you decide to do better. Start learning how to be a better
trader today: http://at.zacks.com/?id=5529
Disclosure: Officers, directors and/or employees of Zacks
Investment Research may own or have sold short securities and/or
hold long and/or short positions in options that are mentioned in
this material. An affiliated investment advisory firm may own or
have sold short securities and/or hold long and/or short positions
in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web
earning the distinction as the "#1 site for screening stocks" by
Money Magazine. But powerful screening tools is just the start.
That is why Zacks created the Screen of the Week to highlight
profitable stock picking strategies that investors can actively
use. Each week, Zacks Profit from the Pros free email newsletter
shares a new screening strategy. Learn more about it here
http://at.zacks.com/?id=5530
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc.,
which was formed in 1978 by Leonard Zacks. As a PhD in mathematics
Len knew he could find patterns in stock market data that would
lead to superior investment results. Amongst his many
accomplishments was the formation of his proprietary stock picking
system; the Zacks Rank, which continues to outperform the market by
nearly a 3 to 1 margin. The best way to unlock the profitable stock
recommendations and market insights of Zacks Investment Research is
through our free daily email newsletter; Profit from the Pros. In
short, it's your steady flow of Profitable ideas GUARANTEED to be
worth your time! Register for your free subscription to Profit from
the Pros http://at.zacks.com/?id=5531
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook:
http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with
affiliated entities (including a broker-dealer and an investment
adviser), which may engage in transactions involving the foregoing
securities for the clients of such affiliates.
Visit http://www.zacks.com/performance for information about the
performance numbers displayed in this press release.
Disclaimer: Past performance does not guarantee future results.
Investors should always research companies and securities before
making any investments. Nothing herein should be construed as an
offer or solicitation to buy or sell any security.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
support@zacks.com
http://www.zacks.com
AMETEK INC (AME): Free Stock Analysis Report
HARLEY-DAVIDSON (HOG): Free Stock Analysis Report
LITHIA MOTORS (LAD): Free Stock Analysis Report
NCR CORP-NEW (NCR): Free Stock Analysis Report
TRANSDIGM GROUP (TDG): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
Transdigm (NYSE:TDG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Transdigm (NYSE:TDG)
Historical Stock Chart
From Jul 2023 to Jul 2024