Skip to content
 

How to find momentum stocks

Drop everything and watch this. I don’t care if you vote Republican, Democrat or don’t vote. John Oliver’s explanation of “change” will have you rolling on the floor. Click here. It’s the best piece to come out of both conventions.

You can charge an iPad from a computer’s USB port. Plug the iPad in, It will say “not charging.” Then power it down. Push the top button until the red Power off slide switch comes on. Slide it off and come back in a couple of hours. Bingo, it will fully charged.

Top gainers and losers for 2012? Here’s the list:


The “logic” here is that stocks that go up tend to keep going up. This is called momentum investing. Combined with a fundamental analysis of the company, you could luck out.

I am not recommending any of these stocks. I’m publishing this list because I can. I’ve been agonizing on how to create such a list. Every financial web site in the world has yesterday’s top gainers and losers. Blind Freddie can find that list on Yahoo Finance, Bloomberg, etc. But not this. For this you need to go to Fidelity, Research, Stock Screeners and Price Performance this year. To get this chart, I limited it to the highest 20% in the market with market cap over $1.16 billion.

Other criteria Fidelity gives you are:

As far as I can see, the Fidelity service is free, though I do have an on-line trading account with them called Active Trader Pro, which does an admirable job and which I prefer over accounts I have with other brokers.

Latest favorite New Yorker cartoons:


Harry Newton who doesn’t understand why ED (Con Edison) is falling. Finding out why will be one of today’s chores. If no ogical explanation (interest rates?), it may be time to dump it — though I do like its 4% yield and total lack of exposure to Europe.

This piece is worth reading. It’s from the latest issue of the New Yorker:

The word covered up by the black blotch is “weak.”

14 Comments

  1. privatemorris says:

    Harry- If a good stock is falling for no reason, you don't dump it, YOU BUY MORE. It just means our good friend “Mr. Market” is in one of his depressive moods.

    The stock market is the only market where people want to buy when prices go up, but run away when everything is on sale. You make money by doing the opposite of the herd- buy low, sell high.

  2. pahowley says:

    D'Souza'a book, on which the Obama 2016 movie is based, is a very insightful look at Obama and his background and friends over his lifetime, told by an Asian Indian whose own background gives him a unique insight into that of Obama. Clinton was and is a superb politician whose primary goals were getting elected and re-elected and, I suspect, new women. Obama, as his book Dreams of My Father makes very clear, has a much broader and un-American set of goals. He certainly does not see us as an exceptional country, just the opposite. So this election is critical – and as such, I certainly saw no humor in John Oliver's political rant against Romney and the Republicans.

  3. Obama 2012 says:

    Stocks up over 2% today, with JP Morgan and ACI – Harry's favorite shorts – leading the way with 4 percent plus gains. Harry, last night Bill Clinton said: “Those who bet against the United States go bust” or words to that effect. He is right. Stop betting against this magnificent country.

    • Ronald_Reagan says:

      After last night lie fest at the DNC fools such as yourself are left star struck by a rapist. Bill Clinton did everything he could to weaken the USA, it was the Republican Congress that saved his ass. Bill Clinton began campaigning for president back in 1990 and unfortunately for all of us he's never stopped.

  4. dandersen says:

    Consider your 2 political sources here: John Stewart? The New Yorker? Both Obama lapdogs.
    I fear you are in a permanent ideological cage like most New Yorkers.

    • Harry Newton says:

      The Daily Show / John Oliver video is hysterical, no matter what your political preferences. Jame Surowiecki is a talented, thoughtful journalist. Instead of maligning them (and hence me), your better strategy would be to watch and read the pieces and then recommend other pieces my readers should watch and read. Simply maligning them is not useful, insightful nor does it present a different view. What do you have that's funny? Insightful? Useful? .

      • dandersen says:

        Thanks, Harry. I read and listen to both Stewart and Surowiecki on a regular basis. But both are relentlessly on the left you must admit. Have you seen the counterpart to Michael Moore's doc. on Bush, DeSousa's “2016” about Obama's deep background. Point well taken, I'll try to be more specific in the future.

        • dandersen says:

          that should be “D'Souza”
          http://www.examiner.com/articl

          • Mile High says:

            I saw D'Souza's film and, frankly, I found it to be a waste of my money. I wish I gave my $15 to the pan handler – at least that would have done some good. I have detected more intelligence in Pixar movies I watched with my 6 year old daughter. The film is simply a collection of opinions, assumptions, and conclusions often presented as facts. Even Michael Moore's films have more facts in them than “2016” and I think Michael Moore is a left-wing blow-hard. I guess the right-wing has just discovered its own blow-hard, as if there is a shortage. I am not sure which is worse: the fact that political operatives overload us with so much crap in their “documentaries” and TV commercials or the fact that so many people believe the crap to be truth?

            To those of you who have not seen the film, I say, “don't even bother!” Unless you have more of the fluid that runs down your nose when you have a cold than actual brain tissue inside your skull, or unless you hate Obama and love hearing anything bad about him, you will feel hosed out of the few bucks you pay for your ticket. Since when did crap like this start getting referred to as a “documentary” anyway?

          • Ronald_Reagan says:

            You never saw the film you lying piece of shit. I love it when liberals try to disparage one of their own in an attempt to gain credibility. Hey Mile High take your simple mind out for a walk.

          • Mile High says:

            Oh, “Ronald Reagan”! You wish you were anything like him! Ronald Reagan flushed more talent and intelligence down the toilet every time he took a dump than you could ever claim to have inside your skull. I am familiar with you, Mr. Comment Troll! Aren't you the one who always trashes Harry's column? Yet, you just can't stay away, can you? Since we are in a public forum, I will paraphrase our former Vice President and tell you to, “Go self-fornicate!” Perhaps, after that, you may have a clear head and stop being a loser.
            By the way: if I thought you had more brain, I'd prove to you that I saw the film and debate with you. However, your elevator doesn't go all the way to the top floor and it makes it hard to have any type of meaningful conversation or debate with the likes of you; i.e. genius individuals.

            Cheers!

          • Ronald_Reagan says:

            Boys and girls todays word is “delusional”…… Clearly you are a gigantic liberal because you can't understand that anyone with half a brain can see right through you.

        • Ronald_Reagan says:

          I asked Harry if he intended to see 2016: Obama's America yesterday but got no response.

    • laughnow says:

      I love Harry but youre spot on here. Obamas no 1 goal is that of Karl Marx, the classless society and social order. How else can it be explained that govt has to be involved in the capital markets, that all people must have health care on the backs of the bourgeois, how the rich are demonized even though they pay the majority of the taxes. It is very easy to line up Obamas Marxist agenda(ie that what has been done to date, along with plans for the next term) with that of the Communist Manfesto.