Here’s the latest from the Mesa-Sabrient Trading Alert Service which is entered four new long positions this morning. Sign up for a free trial here. – Ilene
MESA-Sabrient Trading Alerts
No signals generated at end-of-day 7/28/2010 for the open on Thursday, July 29, 2010.
Open trade summary:
Long TTWO since 7/28/2010, profit: $ -181
Long GSK since 7/28/2010, profit: $ -123
Long FPIC since 7/28/2010, profit: $ -37
Long ALV since 7/28/2010, profit: $ 26
Long EXC since 7/27/2010, profit: $ 316
Long EAT since 7/26/2010, profit: $ -86
Short BMTI since 7/14/2010, profit: $ 650
End of report for Wednesday, July 28, 2010
About the MESA-Sabrient Trading Alerts
The MESA-Sabrient Trading Alerts employ MESA Software’s algorithmic system for trading the stocks in the Sabrient Outlook Rankings.The Outlook Rankings reflect each stock’s relative probability of short-term upside or downside action based on Sabrient’s proprietary quantitative fundamental analysis.
New subscribers should ignore the open positions and start their trading with the first entry alert that received.
- The MESA-Sabrient system produces end-of-day trading signals after the market day’s closing bell for execution at the next open. All trades are intended to be placed as market orders on open.
- Exit signals are also specified for each open trade. All trade exits are intended to be placed as market orders at the next open.
- Long signals (buy) are produced from the top quartile of the Sabrient Outlook Rankings and short signals (sell short) are from the bottom quartile. Thus the technical signals are always in-sync with the fundamental rankings.
- The number of open trades at any given time varies significantly with market conditions.
- The system produces more long trades than short ones. Historically the ratio of longs to shorts has been about 10:1.
- Hold times are typically less than one month.
- Profits shown in the daily reports assume an initial investment of $10,000 per stock with no allowance for slippage or commissions. To convert the dollar profit to percentage, divide by 100. For example, if a stock’s profit was listed as $234, this would be equivalent to a 2.34% gain on the initial investment.
Read more about the Mesa-Sabrient system here >
