Monday, August 01, 2011

From Debt Worries to Growth Worries Now

Congress is expected to vote on an agreed deal today Monday on raising the debt ceiling. Lets hope they get this done, and start representing the people instead of representing themselves to get votes in their next election. After they raise the debt ceilings, then its time for a balanced budget or they are going to be raising the debt ceiling again like they have before.

I don't have a stock pick this week because I see too many cross currents to make a definitive call on buying long or selling short right now. Currently this Monday A.M. stock futures are up pretty big. Maybe its a new bull market with more Quantitative Easing or its a breakout fake-out. I suggest standing aside, analyzing this week price action and economic reports first before making any new stock buy and sell decisions.

Instead of a stock pick this week, I'm writing about Metastock's Fundamental Analysis Scanner that's integrated into the Metastock technical charting software. When it comes to buying stocks, growth and increasing earnings normally lend to higher stock prices. With the Metastock Fundamental Analysis Scanner, you can review a variety of different fundamental data, and one of my favorites, increasing earnings estimates that lend themselves to increased stock prices.

Metastock 11 Pro has so many features now, you can look at global stocks on their technical and fundamental aspects all in one software package. If your an auto-trader you can run expert advisers and run back-testing with it . . . you can build and apply your own custom indicators . . . it has options analysis built in . . . and one of my favorites, explore scan groups of stocks for different trading methods and strategies.

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Technical analysis charting is a powerful tool, period. However in today's market, the more information you have about the companies you trade, the better. Armed with clean, reliable, and organized fundamental data, your trades are more informed and you are more confident.

With a few clicks of your mouse, the MetaStock Fundamental Analyzer lives up to its name by providing just about anything you could possibly need to know about US and select global markets. From PE Ratios and Earnings per share to Dividend Yield and Shares Outstanding, the list of fundamental data is comprehensive and categorized so you can go way beyond scratching the surface on a firm and determine if its stock is over or under valued.

MetaStock Fundamental Analyzer includes 5 powerful sections:

Fundamental Tab – View at a glance the exchange, Industry Sector, Market Cap, Avg. 21-Day Volume, 52-Week High and Low and much, much more.

Revenue Tab – Divided into two sections, this tab shows Quarterly and Annual Net Income Compared to Revenue including: Revenue, Net Income, and Percent fields for both the last 8 quarters and 4 years.

Performance Tab – Displays Annual earnings per share, Annual Dividends, Annual Growth Rate, and Percent Changes to S&P 500 over a variety of periods.

Estimates Tab – Displays EPS Quarterly Estimates and Total Revenue Quarterly Estimates going out 4 quarters, as well as EPS Annual Estimates and Total Revenue Annual Estimates going out 4 years.

Scanner Tab – perhaps the most unique feature of the MetaStock Fundamental Analyzer, this powerful tool allows you to search for companies based on a variety of fundamental criteria including: Minimum Price, Maximum Price, Minimum Average Volume, Minimum EPS, Minimum PE Ratio, Minimum Dividend Yield, and Minimum Beta. The results can then be sorted by Closing Price, Average Volume, EPS, Annual Dividend, PE Ratio, Beta, Company Name, Group, and Sector. You can even scan a list you created from the MetaStock Explorer and vice versa – it’s a great way to create a technical analysis/fundamental analysis workflow.