After abstaining from making too many stock calls of late, the ppt is back on the release agenda.
The Fly Says:
Alf:
NOTHING will change iBankCoin. PPT will be in addition to.
This shit I do here, day in and day out, is not about the money. I’m in it for the glory.
January 9th, 2009 at 1:04 am
Then simply release it at no charge and avoid any conflict of interest. Surely as a “professional manager of money” the release for a fee is replete with ethical and legal problems?
The likely truth of the matter is that flip-flop-fly is no more of a professional money manager than I am, and that he is simply a piker looking for a way to monetize his reputation built on hindsight trades.
PPT Stats
January 9, 2009 – 12:23 am
Just so you know, “The PPT” will be available for subscription in due time (whatever that means).Here are is how the engine is reading the market:
Market Overview
Average Technical Score: 1.67 Strong Sell
Average Fundamental Score: 3.64 Buy
Average Hybrid Score: 2.50 SellOverall, it is ranking the entire universe of stocks it follows, which is north of 3,200, a “sell.” The average technical score is abysmal, while the average fundamental score is a buy. Basically, should the market confirm a breakout, the “Hybrid Score” will quickly shoot north of “3,” marking it (the market) a buy.
Before Wednesday’s sell off, there were 55 out of 202 sub sectors ranked a buy. However, because of that move, only 1 sector remains a buy, which is Education and Training Services. It is worth noting, however, multiple sectors are in striking range of being ranked a buy, including Home Health Care, Steel & Iron, Water Utilities, Entertainment – Diversified, Information Technology Services, Defense/Aerospace, Discount, Variety Stores and Shipping.
Nonetheless, there are many stocks in bull mode, that are worth a look over.
Some to take note of include the top 10 stocks (no market cap filter), ranked by Hybrid Score:
1 ACET 4.34
2 ENSG 4.27
3 LPHI 4.26
4 OCN 4.24
5 CMN 4.24
6 FDOÂ 4.19
7 APOL 4.16
8 ORHÂ 4.10
9 NPKÂ 4.09
10 CRH 4.0On the other hand, a variety of key sectors/stocks are being flagged as “get the fuck out now, else lose your dough.”
The worst ranked sectors, worth noting, include:
Semiconductor- Memory Chips, Biotechnology, Regional Banks-Pacific and REIT-Office
Overall, the worst ranked stocks, north of $10, are:
1 HLS 1.41
2 NUVA 1.42
3 ISIS 1.56
4 ALXN 1.57
5 VRSN 1.58
6 CCE 1.59
7 IPI 1.62
8 DEI 1.64
9 XCO 1.64
10 SONC 1.66
Keep in mind, The PPT is not the holy grail. It is a very powerful analytic engine that is efficient at identifying value or lack thereof. It will always point you towards the right direction, with regards to technically strong sectors/stocks. However, it is up to the user to make the ultimate decision, as always.
NOTE:
4-5= Strong Buy
3-4= Buy
2-3= Sell
1-2= Strong Sell
I have highlighted the identification of value, or lack thereof section. The ppt does no such thing. As the ppt has demonstrated on numerous occasions, it has no particular insight into the fundamentals that is in excess of many free screeners.
As to the technical screeners, again, many free screeners out there, many of them with the underlying premise [to the pattern] detailed, rather than this black-box approach.
Will flip-flop-fly succeed in stealing subscribers money? Will he be called out on the scam? Or, are his readers some of the most stupid and gullible on the internet? We shall see.
