CHICAGO, March 20, 2013 /PRNewswire/ -- Stocks in this week's article include: The Babcock & Wilcox Co. (NYSE: BWC), Columbia Banking System Inc. (NASDAQ: COLB), National Instruments Corp. (NASDAQ: NATI), Swift Transportation Co. (NYSE: SWFT) and XL Group plc. (NYSE: XL). Kevin Matras goes over the importance of moving averages and how to find stocks in uptrends no matter what the market is doing.
(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)
Screen of the Week written by Kevin Matras of Zacks Investment Research:
With the market still in a larger uptrend, there's no shortage of stocks trading above their moving averages. But with the recent pullback, some individual stocks saw their uptrends come to an abrupt halt.
And if the market churns around in this area for any meaningful period of time, you're likely to spot many more individual stocks breaking their trend as well.
And finding these kinds of stocks is easy to do with a stock screener.
The screen I'm running today looks for stocks trading above their short-term and longer-term moving averages:
For the rest of this Screen of the Week article please visit Zacks.com at:
http://www.zacks.com/commentary/26369/
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: http://at.zacks.com/?id=111
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here http://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros http://at.zacks.com/?id=113
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: [email protected]
Visit: www.Zacks.com
SOURCE Zacks Investment Research, Inc.
Share this article