A Quick Course in Stock Screening

I’ve given Elaine an interesting project:  Find some companies that she thinks we ought to invest in.   Having received approval for our minor parts change on the airplane, I think a trip to a casino somewhere would be interesting but options are far easier to play at home and you can make a lot more money at it.

Sounds simple enough until you start looking at the task in detail.  Then it becomes…well…daunting.

This morning we consider the problem of stock screening in some detail, consider some different approaches to sniffing out under-valued companies, and offer Mrs. Ure some ideas on how to organize her investment wagers.  (They are all gambles until they pay off, after which – if there is any money left – we can call ourselves “investors” rather than the more pejorative term “wild-eyed speculators.”  I won’t tell, if you don’t.

First, however, we laugh and scratch about our trading model which – while everyone was puking and worrying End of the World! at mid-week – unerringly stayed long.  My, ain’t a systematic approach great?  At least, until it isn’t.

Coffee and headlines straight away, then!

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A Quick Course in Stock Screening — 5 Comments

  1. In this morning’s (May 9, 2015) Chicago Sun-Times, Illinois AFL-CIO president Michael T. Carrigan was quoted as saying “Because most public employees aren’t eligible for Social Security, their modest pension–just $32,000 a year on average–is the primary source of retirement income for hundreds of thousands of Illinois families. While workers always paid their share, politicians caused the debt by failing to make adequate contributions to the pension funds.” The story, by Natasha Korecki, goes on to say: . . .the Illinois Supreme Court said it was lawmakers who created the fiscal disaster by not making pension payments and using pension money to cover operating costs. The hole was dug even deeper, the (Illinois Supreme)court said, after lawmakers allowed a temporary state income tax to expire in January.
    George, I think the first thing the state should do is to seize 100 per cent of the pensions owed to the politicians who diverted the workers’ pension funds. You better believe THEIR pensions are still viable–and worth LOTS more than $32,000 a year.

  2. SOLUTION = TEACH YOUR KIDS ,THEY ARE NOT GOING to learn it on their own , its like farming they need to be around it everyday with a teacher there to answer their QUESTIONS,

  3. Do you notice when the bank gov says something the people do the opposite ,they used to follow suite, i know why ,do you,do you notice there is a cycle to everything but that cycle changes a little sooner each time until it wraps around and bites itself in the a**,are you on the sooner end or the later end, i know why ,do you, an i am not going to tell ya , ok maybe but now you are getting how it really works , all things works in cycles, i mean charts ,oh strike that i dont believe in charts, i believe in apple pie ,like a rotating pie chart ,i mean cycle ,that reminds me i need to charge the batteries on my electric bicycle. that reminds of the movie where the woman loses her memory every night while she sleeps and has to retrain her thoughts every morning day with a recording that tells her who she is and who she is married to and how many kids and grandparents she has and how loved she is ,sometimes stocks are like that,we need reminded of bank gov so we dont make the same mistakes everyday

    • KEY WORD- contradiction
      interest savings now =contradiction=paying them instead of receiving ,at what point will the cycle bite its own a** . the pie cycle rotates like a swiss watch as each wheel turns another til the each cycle repeats itself onto another wheel ,this swiss watch is over 200 years old, unless you are god then you can just summons up a new watch to watch over, while at the same time watching over the old watch, so if we have the power to change things , what would you change ???

    • iam sorry to confuse you, but we are in a contradiction cycle, an enlightening cycle , an information age cycle, a i know what you did cycle,i know how to change it cycle, that is why there is a mass rush for the info, to make the cycle bite its own a**