Looking for Relative Strength

Today is a perfect opportunity to look for strong stocks that display strength relative to the market. This is part of the "stalking" process that I discussed yesterday. According to FINVIZ, less than 13% of all stocks are trading higher now than at yesterday's close (589/4594; limited to stocks above $2, no ETFs).

While the Nasdaq gapped down and touched its lows for 2011...


PAY (Verifone Systems), which has been on the ATH 'Fundamentals and Growth' stock list a couple times now, hit a new all-time high on big volume:


While the TSX gapped down...

CSU.TO (Constellation Software) hit a new all-time high on above-average volume:

A stock is a 'real champion' as long as it behaves like one. - Nicolas Darvas

Related Posts

• All-Time High Stock Screen for March 11 2011
• Dan Zanger's Trading Advice
• Developing a low-risk trade idea
• Why many Investors Lose Money
• Why all-time highs outperform
• CSU.TO (Constellation Software)