First, the disclaimer: my investment strategy may not match yours, so PLEASE DO NOT TAKE THIS INFORMATION AS TRADING ADVICE. This information is intended strictly for entertainment value.
I created 42stocks.com as a personal project, to help make sense of more than 5,000 stocks that trade on the NASDAQ and NYSE/A stock exchanges. I’ve written an algorithm that uses over three dozen data points to create a “weighted” value for each ticker symbol. The algorithm favors near-term trading, which covers anywhere from one to twelve (or more) weeks. I do not “day” trade, and I do not short-sell stocks. And, since I am trading from within a rollover IRA, I do not pay taxes on short-term gains.
The first tab, labeled “Portfolio & History,” contains a spreadsheet, which contains two worksheets.
The first worksheet, labeled “42K PORTFOLIO,” represents a PAPER-TRADES portfolio where I’ve started with an initial cash investment value of $42,000 in a pre-tax rollover IRA account. The spreadsheet shows the trades made, the dates of those trades, and tracks the values of those trades in dollars. This account is NOT reflective of my overall investment strategy, nor is it reflective of my own personal holdings.
The second worksheet is labeled “42stocks History” and is a historical record of the my weekly rank of the top42 stocks, beginning February 01 2019, when I started paper trading & testing.
The additional tabs display charts that represent the portfolio history, including the equities which were held during the timeframe of the tab label (“One Week,” “Four Weeks,” etc).
Please enjoy the site, and again, the information presented should be used merely as additional information to help you determine your own investment strategies.