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SPECIAL NOTICE FROM CANSLIM.NET FOUNDER KENNETH J. GRUNEISEN:
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net CANSLIM.net To produce the CANSLIM.net Mid-Day BreakOuts Report, at around mid-way through each trading day we screen the Leaders List database of high-ranked stocks, searching for possible buy candidates that are trading at or near their 52-week highs on above average volume. Regular readers have noticed that the screen parameters used to generate this report during each trading session are occasionally adjusted. These adjustments are made so that the resulting report will do the best job possible of giving our loyal members a concise list of high-ranked leaders most worthy of closer attention. In recent weeks we had to lower the bar just to find a small handful of companies reaching our screening criteria. Instead of limiting the screen results to show us a list of stocks trading within 5% of their 52-week highs (the usual setting), we included stocks trading further off their 52-week highs in recent weeks.
In today's mid-day report the bar has been raised from listing stocks trading within 15% of their 52-week highs, to list only stocks trading within 10% of their 52-week highs. This adjustment toward our normal parameters will help investors stay focused on high-ranked stocks facing the least amount of resistance due to overhead supply.
The recent increase in noteworthy issues featured in yellow in CANSLIM.net reports is an encouraging sign. If the current confirmed rally builds into a more powerful new bull market, members who continue reading the daily CANSLIM.net reports will notice the next crop of market leaders capable of producing the greatest gains.
We appreciate the positive feedback we have received, and we are glad that the unbiased coverage of the ongoing market action (the M criteria) helped so many of you stay out of harm's way, preserving your capital and your confidence! We welcome your praise, criticism, suggestions, or feedback in general (simply click here) about the job we are doing.
Sincerely, |
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| About
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net : Kenneth J. Gruneisen has successfully completed the CAN SLIM® Certification Program. Mr. Gruneisen became a Registered Representative in 1987 and his career includes experience offering personalized assistance to investors with more than a decade of experience as a Registered Principal managing a branch office. The recommendations made by CAN SLIM® certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil & Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil & Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.
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