Biblical Economics 45: Screening for Growth Stocks 2

DOUBLE-OR-NOTHIN’ STOCKS

I found this to be a really great screening method for double-or-nothin’ stocks. Its pretty quick and to the point:

 

 

UPDATE: 1/19/23

Another testimony for this new screening method:


Cuentas (CUEN) is incredible! As I was making this screenshot, I actually witnessed its 5-day ROI bump up from 175% to 283% right in front of my eyes, in just one second! AMAZING!

InvestorsObserver predicts that Genius Group (GNS) will ANNIHILATE all other swing trades. However, news articles on Google indicate GNS only went up because of insider trading and stock price manipulation. There’s an ongoing FBI investigation right now. Better to focus on Cuentas (CUEN).

Here’s a 6-month and 1-month screen for swing traders who are slightly more conservative than day traders and 5-day traders. You would need to enter all tickers into Google and look at their 1M and 6M.


1-MONTH SWING TRADING:
PROBABLY THE MOST BIBLICAL WAY TO TRADE STOCKS


There’s all kinds of screens for all kinds of speeds with stock trading, but I’m persuaded that the Biblical model for stock trading is probably closer to the 1-month model. While Solomon says, “After many days you may receive a return” (Eccl. 11:1), Jesus says “a man of noble birth went to a distant country to have himself appointed king and then to return” (Luke 19:12). Many days definitely excludes day trading on a 1-day basis; and I would be hard pressed to say that 5-day trading would qualify as “many days.” 1-year is out of the picture as well. Otherwise, Solomon would have said, “After many years.” What we today would call short-term trading and swing trading on a 1-month basis is probably closest to the view that Solomon, the first century Jews, and Jesus had about the usual time length for trading stocks. Based on my most recent Finviz screen for this range combined with TipRanks stock performance comparisons, it looks like BWEN and NVCN would be first and second place for this sort of thing:

BWEN IS IN A “RALLY” – THATS WHAT TO LOOK FOR ON CHARTS AND NEWS ARTICLES WHEN SELECTING GROWTH STOCKS:

Here’s a cool way to screen for stocks by just using Google news articles: “stock rally 200%” sorted by date.


…but at the end of the day, nothing beats diligent, determined screening of 100 stocks from a monthly performance screen from Finviz. Plugging them into the Google stock charts. And then finally comparing them on the TipRanks stock comparison performance chart. Still you can see that BWEN and NVCN are the winners in this case.


STAY AWAY FROM THE AAII.COM SCREENER. Not only do they hoodwink you into a $2.00 membership and in the fine print charge you a $200 annual fee, their growth and momentum screens are worthless. Stick with Finviz:

I GENERALLY ADVISE AGAINST DAY TRADING. BUT IF YOU FEEL LIKE YOU REALLY WANT TO TRY IT, BECAUSE YOU ARE IN AN EMERGENCY AND YOU NEED EXTRA MONEY QUICK…

GENIUS GROUP (GNS) HAS A CLEAN ANNUAL REPORT – NO LGBT OR PLANNED PARENTHOOD STUFF. YAHOO SAYS GNS IS UNDERVALUED, WHICH IS GOOD. AND THEY ARE GOING THROUGH A CRISIS AS A COMPNAY BECAUSE OF STOCK PRICE MANIPULATION FROM INSIDER TRADING. THEY ARE TRYING TO CORRECT THAT NOW. ALL OF THESE ARE VERY GOOD SIGNS FOR VALUE INVESTORS (AND GROWTH INVESTORS).

UPDATE: 1/20/23

DANG. A 1-MONTH TENBAGGER. UNHEARD OF.

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