This weekend the screener spit out 8 candidates and only two was passing my manual inspection. I selected NBT Bancorp since the upside was best of the two. It is not easy to trade in this bear market we are in but this way we see how the screener and strategy perform in a challenged market. Another "problem" is the very big focus on CPI and FED meetings. The CPI...
I have setup the stock screener to find stocks with MACD just crossing over and detecting a long position. I have several filters setup in the screener and this Friday the 9. September 2022 nothing showed up in the screener except when I tried 4 hours setting. Just Super Micro Computer passed the filters. For this experiment I will then stay on the 4 hour chart...
Wintrust showed up in the screener today 12.09.2022 with a MACD crossover. Uptrend is not impressive but has last week passed EMA 200. The sector is Finance and Industry is Regional Banks. The sector is supposed to benefit from the rising interest rates. So I took the trade on $88.78 with a SL on $83.