Struggles In Object Oriented Programming

My struggles in understanding and learning about Object Oriented design, and the tools and knowledge I've taken from them.

Friday, March 14, 2014

Carbs Are The Problem

It's a little off-topic, but as I've gotten a little bit older, I've become especially concerned about my personal health, and understanding how to achieve optimal health. I've created a separate blog that discusses my take-aways from this process, and the clarity I've gained in understanding the difference between what the media and medical community tells us, and what is the real truth.

You can find my new blog here

Tuesday, December 17, 2013

Golden Stock Retriever

I've uploaded a new version of Golden Stock Retriever that identifies recent Candlestick events...things like Bullish Harami and Bearish Engulfing, and all those other things that candlestick enthusiasts might be looking for

Download Golden Stock Retriever Here

Golden Stock Retriever Features

One of the things I've struggled with in my personal investing is having the information I need in one place. Usually I have to hop around to find different fundamental aspects of a stock, technical components, and guru ratings. I also have to do a fair amount of in-my-head analysis when considering whether a stock is a fair price and is likely to outperform the market. I imagined a tool that could put a lot of this data in one place, and have it easy enough to access that I don't even need to open a website to get at it.

Download Golden Stock Retriever Here!

The first thing I look at is PE ratio. Then I consider PEG ratio. Per Benjamin Graham, I'm looking for those values to be fairly low, and when multiplied together, they should be below 30 or 35 (I think Graham liked below 25).

Then I look at the current ratio. The current ratio is a company's asset to debt ratio. I believe a company should have a current ratio of at least 2, but I'll relax that standard if other attributes look good.

After PE, PEG, and current ratio, I look at Price To Book and Price To Sales. Usually I'm looking for both of those numbers to be less than 2, but I'll usually look at similar companies within the same industry to get a feel for whether or not the numbers seem in-line with competitors. Those numbers can vary greatly, but I remember reading an article once that said that stocks with a lower price-to-book value generally performed better than those with higher price to books. Price-to-sales is a useful factor, and is considered by several gurus including James O'Shaughnessy.

Then I consider some technical considerations, such as where the stock is in its 52 week price range, what its 50 and 200 day moving averages are, and its support and resistance levels. I then consider what the price is doing, given those factors. I'm not a technical investor, so candlestick charts and the like sail over my head, but I think some basic technical indicators are useful, because the difference of a couple percent can really blow your returns.

Then I look at institutional and insider ownership. Maybe I'm deluded, but I tend to think that stocks that are significantly owned by institutions and insiders are better shielded from major fluctuations and drops than their counterparts...of course, I could be completely wrong.

Then I consider market capitalization. Although every portfolio ought to have some diversity in the size of companies it owns, the volatility associated with different market caps ought to be considered in every transaction

These attributes, along with others I find important, are included in Golden Stock Retriever. I plan to add more features as time goes by, and I hope that others are able to find some value in these features.


Search This Blog

Powered by Blogger.