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How I Use IBD to Find Potential Winning Stocks 365
“Stocks in the News”
A section that I also check every day is what I call the “mini-charts” in the
“NYSE Stocks in the News” and “Nasdaq Stocks in the News” sections. We
used to show 20 or more charts in this screen, but we’ve now limited it to 10
because we’ve refined and improved the sorting mechanism. And what
we’ve learned is that, once you’re in any future bull market, these two lists
will materially outperform the S&P 500 and any new names on the charts
will be well worth your checking.
If you’re in a bear market, don’t expect these lists to work. Three out of
every four stocks will be going down in such an environment, and growth
situations can have significant corrections. But if you know you’re in an
uptrending market, and this is confirmed by the “The Big Picture” column,
these mini-charts—each of which is packed with 20 key statistics—can be a
source of high-probability new ideas. They won’t all work. But when you’re
in a positive market, you follow up on the ideas that work. Sooner or later, if
you’re patient, a market will develop into a strong bull market. And when
that happens, these are definitely screens you want to check out thoroughly.
If you do your homework, you then have a better chance of materially
improving your performance.
Over time, I’ve found that the first six or seven sectors in our stock
tables will contain most of the new leaders. I’ve also found that just
© 2009 Investor’s Business Daily, Inc.

