Charles Kirk of The Kirk Report has built an excellent tool for almost any investor. “The Screen Machine” can be found in the members side of his site and for a very nominal amount per year I don’t doubt it will become a mainstay of your efforts to find excellent trade setups and help with exits.
Charles and I share a similar opinion on screening and it is quite different compared to the numerous tools you can find elsewhere on the web. Most sites allow you to screen based upon a set of fundamental variables and try to find stocks that are either lower or higher than a specific number. But which variables to choose? What values to set as the standard? The combinations are virtually endless and you can really bog yourself down with “analysis paralysis” or an overload of results that fail to narrow anything down. Some people love to use complex screeners and have developed parameters they like. I am happy for them. But for the majority of investors, screening is a giant pain in the ass.
The Kirk Report Screen Machine gives you the results of screens that Charles has built over the years. It cannot be easier as you don’t have to enter any variables, conditions or values. You just click on one of his screens and each will show you 25 stocks that fit the criteria. If this sounds like an approach that will save you time and help you focus your research, you should give it a try.
More at:http://www.thekirkreport.com/2007/04/stock_screen_ma.html
Wednesday, May 9, 2007
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