In addition to analyzing stocks, Stock Trend Spotter also assesses the overall market each business day. It will only generate new Buy Signals on days when the market is deemed to be “favorable”.
If Stock Trend Spotter’s evaluation indicates that the overall market is UNFAVORABLE, it will NOT provide any new Buy Signals. It will, however, issue Buy Again and Reset Stop Loss Signals for stocks that were previously signaled and continue to perform well. And, of course, it will issue any Sell signals that were identified in the Analyze phase.
If the overall market is deemed favorable, Stock Trend Spotter will evaluate the stocks that constitute the various models. If the overall performance of those stocks is deemed favorable then Stock Trend Spotter will select and signal the top 3 stocks that met the selection criteria. The maximum number of stocks that Stock Trend Spotter will signal for New Buys in a single day is 3, regardless of how many may have met the selection criteria. It will issue as many Buy Again, Reset Stop Loss and Sell Signals as identified in the Analyze phase. For more on the daily 3 Buy Signal limit, see “Follows”.