This is the 52nd episode of TradingTips.com’s Trading Tip of the Week. Over the past year, we’ve looked at dozens of technical indicators, most of which are explicitly intended to be used in conjuction with one or more other technical indicators for increased reliability.
But when you start cross-referencing models, you almost always end up with contradictory conclusions at some point. This can lead to a case of ANALYSIS PARALYSIS — where you’re so busy analyzing a stock that you never pull the trigger on the trade and miss out on big profits. So what can you do?
Well, what if there were one super indicator that screened and rated stocks on both technical and fundamental bases? Could there really be JUST ONE tool you could use to filter out all of the other noise? Let’s take a look at the Rabbitt Q-Rank system in this week’s TradingTips.com episode.
In this episode, you’ll learn:
- All about Rabbitt Q-Rank: How it was devised, what it measures, and how the scores are broken down (0:43)
- What factors contribute to a Rabbitt Q-Rank’s “TSR” (Technical Sub-rank) (1:09)
- All about the “ESR” (Earnings Sub-rank) (2:26)
- Some ideas for how to use the Rabbitt Q-Rank (3:17)
The video also shows you where you can find Rabbitt Q-Rank data — for free!
In conclusion, the Rabbitt Q-Rank is a great way to quickly evaluate stocks on technical and fundamental bases — IF you understand the system and its limitations. After watching this episode, you will!
Happy Trading!
Manny Backus
CEO, Wealthpire Inc.
P.S. Next week we’ll look at Shooting Stars — and I’m not talking astrology… See you next week!
Episode 52 – An All-in-One System for Evaluating Stocks
