My partner Kevin sends me a reminder this morning that "When the markets break down investors look for alternative ways to make money such as short selling."
Below is a daily list that FusionIQ generates highlighting stocks that have broken down on significant volume, typically a sign of large institutional selling.
We use these as a source of Shorting ideas . . .
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click for jumbo table
Table courtesy of Fusion IQ
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The next release of Fusion (2.0) will be out after Labor Day. 2.0 has many new features and user interface improvements, including a highly customizable home page.
We may set up another free trial again if there is any interest.
Free trial would be good, but the last one was a complete nightmare. I literally just stopped being charged last month for the december 07 free trial. you need to automate cancellation of the accounts or set up some other system to avoid that disaster.
also, any info on what the basis is for the system and any historical backtesting would be cool. it was tough to figure out what the rationale was for the recommendations.
Yeah, we had some problems with the early billing system — we use authorize.net now — seems to be a huge improvement.
Stocks may be breaking down, but I’d be hesitant to short given that Cramer indicated last October, January, April and July that a bottom was in.
“I got you in a stranglehold, Baby. You best get out of the way….”
— Ted Nugent, ‘Stranglehold’
The Nuge’s politics tend to skew to the more conservative… and a conservative “Don’t buy, hold, but hold cash” strategy is what I’m suggesting now and for the foreseeable future (which is about the same time period as two and a half ‘going forwards.’)
Oh, and don’t drink and shop.
SEC & announcing new short selling regulations in the coming weeks, just passed on my terminal…
This should really inspire confidence in the market, considering Washington is now following the G. Depression playbook in market interference. Gee, I wonder if desks will just find ways around the soon to be re-instated up-tick rubbish?
Barry, would you mind posting– at some point– on the historical precedent surrounding these sorts of actions by the SEC and short sellers. At a time when every clown on TV is talking about a bottoming process, these sorts of regulations usually precede vicious and painful drops in equities (or, massive deflationary spirals).
JDB
Chicago
Yes, there’s interest :-)
Definitely interested in another free trial after the update is released.
free trial? You bet…
Let us know know!
Fusion IQ FAQ: “…however the system has been rigorously tested. The results can be viewed by clicking (here;)”
The link is still missing since you first promoted FusionIQ, the faq is very short anyway maybe you can get somebody to either delete it or offer the link.
NYSE composite volume is going to come in under 4 billion, just like the past four days. That’s the lightest volume since May. The sell-off today and yesterday are the lightest volume days since mid-June (excluding July 4). That said, the general trend in volume has been down during this rally. Thus, there is no reason to believe it is anything but a bear market rally.
Very interested. I’m currently sub’d to RR&A monthly newsletter. Where’d all the content go? Maybe FusionIQ more better…
Is FusionIQ just a software system for ranking stocks?
Barry, do you do any kind of market newsletter?
Who said free trial?
Looking forward to trying it out.
Barry – keep up the rigourous analytical work. It’s refreshing.
Free trail? Please
I’ve love to try a free trial after the new version comes out. I would also like to know a little more about how the system works. Black box “systems” with totally unknown mechanics don’t interest me. Too much like the way the Hedgies and Quants have been working.
I do read your columns daily. Great stuff. Keep up the good work.
EWM and EWH are on your short list? What’s the rationale?
Free trials and I get along famously…
A free trial would be great!