Our down run, including only stocks with negative net income, 'wins' with 25 stocks down, 9 stocks up today.
Three stocks were unchanged of the 37, and the stocks that dropped today fell further than the stocks that rose.
We have a model that picks stocks that will fall faster than the overall market. It does even better as we refine our analysis and models accordingly.
This last update was pretty simple. Our "UP" run only includes stocks with net income > $1, and our "DOWN" run only includes stocks with net income < $1. Makes it easier to 'believe in' the model when you are betting against companies that lose money...not just because of technical analysis.
We continue to refine our model for our clients. We are seeking new clients.
Jeffrey Cohen, President