October 26, 2017
Investment Green Flag: Decreasing Shares Outstanding

Investment Green Flags – Decreasing Shares Outstanding

Share Buyback Programs

A company purchasing back its shares tends to increase the stock price for a couple of reasons. First, it shows that the firm and its employees are confident in the direction the company is heading. Second, it cuts down on the shares available for investors to purchase, driving the price up through restricting supply.…

August 15, 2017
Learning about Green Flags and their score

Learning about Green Flags and their score

Green Flags

Now that we’ve gone over red flags, it’s time to look at the other side of the equation and learn about green flags.

In our previous article, we discussed that red flags don’t necessarily mean that an investment is going to lose money. Green Flags are the polar opposite from a red flag, but it still doesn’t guarantee anything.…

July 20, 2017
With the publishing of our Synopsis with red flags article, I thought it was time to discuss what exactly a red flag is and why they should be looked for when identifying and eliminating potential investments

What exactly is a Red Flag?

With the publishing of our Synopsis with red flags article, I thought it was time to discuss what exactly a red flag is and why they should be looked for when identifying and eliminating potential investments.

At its core, a red flag doesn’t mean that the investment is bad. It just means that you are more likely to lose money on the long position than you are to make a profit.…

May 12, 2017
Relative Strength Indicator (RSI)

Relative Strength Indicator (RSI)

I’m not a big technical trader. That being said, a lot of people in the information age are, and because of that we have been sure to include a number of technical indicators within the Equities Lab system. One such indicator, the relative strength index(RSI), is extremely common among technical analysts, and I think it is time to put the RSI indicator to the test.…

May 10, 2017
Stock Analysis – Utilizing Plot Panels

Stock Analysis – Utilizing Plot Panels

In the past two years of using Equities Lab, I have never stopped experimenting. However, at some point along the way, after taking up a prop trading course I found a few indicators that I trust and use more than others—essentially using those variables whenever I need to analyze a strategy.…

March 17, 2017
Traditional Technical Analysis Kinda Working

Traditional Technical Analysis Kinda Working

Why it’s hard to Trust Technical Analysis

Over this past month or so we‘ve been writing a lot of articles that are very pro-technical analysis. Personally, I was fascinated by technical analysis when I first started investing, but I have to say, my tastes have changed. Either way, our most recent featured screen is actually based off of the SCTR designed by StockCharts, and it works amazingly.…

February 1, 2017

StockChart’s SCTR Really Knows how to Rank Technical

SCTR – Technical Analysis

The SCTR no longer gets the performance pictured here, even when backtested on the dates shown.  This article is retained as a warning for why we no longer allow comparisons between split-adjusted Closing prices and constants, or ranking of split adjusted closing prices.  The stocks with higher split adjusted closes in the past turned out to have lower SCTR scores. 

December 19, 2016

Is Short Interest a Good Indicator?

Is Short Interest a Good Indicator?

In Equities Lab, if you subscribe to our professional level, you have the ability to access certain fields that aren’t available to our more basic membership levels. One such field is the short interest that is held in companies across the market, and it was this field that got me thinking.…

October 3, 2016

Average True Range Analysis

Technical Analysis – Average True Range

It’s no secret that, personally, I’m not the biggest fan of technical indicators. That being said, while testing Equities Lab most recent release I seem to have stumbled across an operator that consistently improves the performance of every screen that I use it with.

What exactly is the Average True Range indicator?

March 16, 2016

Enter the market score

Standard deviation across all stocks — Chart that raw and you get a bunch of spikes.  Turns out if you inverse it (1/stddev) and plot the max of that over a time period, you get something interesting.


Looks to me that if this weird blue line goes down, be careful until it goes up.…