April 10, 2017

Funds Vs. Investing Yourself

Every investor has their own preferred investment. Two of the most popular choices are investing in funds such as ETF’s, Mutual Funds, or Hedge Funds, and self-investing using a strategy that you’ve either built yourself or adopted from a well-known investor. It’s finally time to figure out which choice has more potential.

To keep the whole process short we’ve taken a pool of random value investment funds and a pool of random value based screeners within Equities Lab and compared the returns.

The Funds


Using Fund visualizer, we compiled a list of funds that focus on value investments. Before we read into the chart too much, it is worth noting that these returns do not include any sales charges or maintenance fees that would be charged by your typical fund.…

March 10, 2017

Be Careful What you Short


When I’m going through a testing process to check for a new update, my go to screen is “Close > 444”. This seems all fine and well, and will return companies that have a close greater than 444, but, believe it or not, this usage of “close” is incorrect.

Within the Equities Lab system, there are two types of close – Close, and RawClose.

· Close is the split adjusted closing price

· RawClose is the unadjusted closing price.

This differentiation is important when you are looking at a static line using close as a parameter.

Does it make that big of a difference?

February 25, 2017

About Rebalance Periods

What is rebalancing?

When you first start screening and backtesting for companies you are going to be presented with a number of different variables that need to be decided. One such variable is the rebalance period. Think of a rebalance as the following.

– When a portfolio is rebalanced it is assumed that all positions within that portfolio are sold, and all companies that are returned by the screener are purchased at the same weight at the same time. This activity is portfolio wide and doesn’t include individual position management.

Within the Equities Lab system, you can adjust the rebalance period within the trading rules tab.…

January 8, 2017

Investable Stocks

The Stocks you pay for

The other day I wrote an article discussing my distaste for penny stocks and for how they are marketed as “the next big thing”, ruining thousands of people’s financial lives. Well, if you can’t invest in penny stocks, what can you invest in? How about we invest in stocks that, at an extremely basic level, are actually worth something?


Here is a list of companies that I would deem “investable stocks” Each of these companies is based on a simplistic screen that simply looks for a company that has a moderately high share price, growing net income, growing sales, a moderately high Piotroski score, and a moderately low P/E.…

January 21, 2016

Don’t be Fooled by Margin

Is margin inherently bad? This is a question I’m often asked by people who are just starting off the in the markets and have just been offered margin by their brokerage firm. I, like always, answer the question with “it depends” a vague answer that really nobody wants to hear; but, like most things, it really does depend on the person. I have seen plenty of cases where margin was used appropriately and in turn was a wonderful tool to help build a portfolio, and other times where the ability to take positions out on margin completely destroyed someone’s account. 

Firstly, margin is incredibly expensive unless you’re taking out millions of dollars on margin. …
June 25, 2015

Press release — We’ve integrated with Tradier!

We've launched on the Tradier platform! Trade automatically with Tradier using Equities Lab.
June 8, 2015

How to Screen for Covered Calls

What is a Covered Call?

A covered call is an options strategy where the investor holds a long position and sells call options against that position. This strategy is typically employed when an investor wants to  generate extra income off of their positions and they believe the price of the underlying stock won’t move in either the positive or negative direction in the short term. 

Finding the Stocks:

So many people know that they want to invest in something and even take the first few steps in making this idea a reality. However, a lot of these get lost in the information overload that happens when it comes to analyzing stocks.…