Stage 2 Leader

Buys shares early in an uptrend — stage 2 in Stan Weinstein’s trend model. They have to trade heavily (more than 20 million dollars a day on average over the last 20 trading days) and rank among the market’s strongest movers: in the strongest sixth of the market either over one month or over three months. On top of that, the share’s industry must rank among the 25 strongest over three or six months — or the share alone must sit in the strongest tenth of the market over the past month. The idea is market leaders in hot industries. Only shares our own deep-dive analysis rates green are bought — yellow or no analysis at all is not enough. The check and any new purchase happen every trading day; a position is sold as soon as the price falls 15 percent below its highest level since purchase, the share drops off the list, or it is no longer rated green.

This portfolio buys shares.