Last week I did an interview with Cris Sheridan of financialsense.com where we went in-depth on the Stage Analysis Screener and how it can be used to assist in your analysis of the stock market using the Stage Analysis system. The audio of the interview can be found here:
Some of the major topics of discussion during the interview included:
- How the Stage Analysis Screener can be used to help your stock research process by highlighting important information for finding Stage 2 breakouts (volume, low resistance, strong sector)
- Stan Weinstein’s Forest to the Trees Approach where you take a look at the trend of the overall market first, then move down to individual sectors and finally specific stocks during your analysis process
- Here’s a video below that I produced in the past discussing the Forest to the Trees Approach and how it applies to the Stage Analysis Screener
- How the current market is largely in Stage 2 across most major indexes across the world and other markets such as commodities
- How the Indexes page in the Stage Analysis Screener can help you understand the breadth of the market and whether the market is strengthening or weakening
- Why it’s important to find stocks that are early in Stage 2 vs. later in Stage 2 and how the “weeks in Stage 2” data point helps show that in the Stage Analysis Screener
- How the Watchlist page slims down the universe of stocks to recent Stage 2 breakouts showing strong volume
- We went into depth on the concept of resistance in Stage Analysis and why it’s important to find Stage 2 breakouts with as little resistance as possible
I’ve also done some previous interviews with Cris in the past:
Full Audio Interview With Financial Sense On The Stage Analysis Screener
Get more info on Stage Analysis or Stan Weinstein’s book
Check out my trading videos on Youtube
Check out my Stage Analysis Screening Tool at: http://screener.nextbigtrade.com
Twitter: @nextbigtrade
The original article and much more can be found at: https://www.nextbigtrade.com
The views and opinions expressed are for informational purposes only, and should not be considered as investment advice. Please see the disclaimer.