1. New Scan: Trends in Multiple Timeframes

    I just added another new scan thanks to Rick, who pointed out to me that this functionality was missing.  As I told him, I guess I was too close to the forest to see the trees.  I should have had this scan a long time ago, given that I've had the trend tables on the stocks since day one.  So this scan allows you to find stocks based on what appears in the trend table on the individual stock pages.  For example, BERY, which yesterday had this trend table:

    BERY's Trend Table

    • Long-Term Trend: Up
    • Intermediate-Term Trend: Up
    • Short-Term Trend: Down

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  2. New Feature: Sort the All Stocks Page... Plus Volatility

    By popular demand, you can now sort the stocks in the "All Stocks" page!  When I first created that page I never thought people would actually use it -- I really made it so that search engines could index the site easily.  But, increasingly over time, people have been asking for the ability to sort the list of stocks, mainly because they wanted to sort by the letter grades.

    Well I've enabled that plus sorting by other columns as well.  You can simply click on the column header you wish to sort by.  The first click will sort ascending and a subsequent click will reverse the sort.

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  3. Announcing Annual SwingTradeBot Plans!

    I'm happy to announce the launch of annually-billed Pro plans!  I've been asked about a yearly option several times and since I aim to please, here they are.

     

    By opting for a yearly plan you can save up to 30% vs monthly billing.  Annual pricing is the equivalent of:

    • Gold Plan: 2 months free
    • Platinum Plan: 3.5 months free

     You can select annual billing on the Pricing Page.  Just click the appropriate button which has the text "Annual Billing". 


     

    For those of you who are already on a monthly Pro (paid) plan if you switch over any remaining credit on your current plan will be applied to the annual plan's price.  So, for example, if you are on the Gold Plan ($10/month) and switch halfway through your month, $5 will be credited toward the annual plan and you'll only be charged $94 to switch instead of $99.

    As always, I'm happy to answer any questions.  And now it's easier than ever to contact me.  You can just hit me up via the little chat bubble in the bottom of every page on the site.

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  4. Hover Charts Simplified

    I just made a chage to the way the hover charts are launched.  It is now easier to know where the charts are available and it should also be simpler to display them on Android devices.  You'll now see a little chart icon next to stock ticker symbols in many of the tables around the site.  Here's an example:

     

     

    On a laptop or desktop computer you can simply hover your mouse pointer (cursor) over the chart icon and that stock's candlestick chart will appear.  On mobile devices you can just tap the icon to reveal the chart.  A second tap somewhere else on the screen will close the popped-up chart.

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  5. Site Usage Tips

    Accessing via a Mobile Device:

    I've been asked a few times if there are mobile apps for SwingTradeBot. The answer is no, however, the site is mobile-friendly and is 100% usable on a mobile device. A good portion of my own usage is from my iPhone & iPad, so mobile usability is very important to me. Having said that, when I really want to power through some charts, I do so on my laptop. It's so much faster to be able to open links in new browser tabs and to see all the information at once. (You can also open links in new tabs on mobile but it's just not as seamless & quick.)

    It's "seeing all the information at once" where I had to make some compromises for mobile devices. There are certain places where some of the data is hidden (collapsed) from view on mobile devices. You'll need to make an extra tap in order to reveal the hidden data. On many of the tables you'll see a plus sign on the left side of each row. That signifies that some data has been collapsed/hidden from view in order to make the table fit on the screen.

    You can simply tap the plus sign to reveal the hidden data.

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  6. How to Get a Read on the Market

    As a long time CANSLIM fan, I'm a firm believer in the importance of the 'M' part of that acronym - "Market Direction". According to IBD:

    if the overall market is in a downtrend, it will be very hard for even the best stocks to move higher. That's because 3 of 4 stocks move in the same direction as the general market, either up or down.

    (The "general market" refers to the major indexes, primarily the Nasdaq Composite, S&P 500 and Dow Jones Industrial Average.)

    Simply put: If you buy a stock when the market is in a strong uptrend, you have a 75% chance of being right. But if you buy when the market is in a downtrend, you have a 75% chance of being wrong.

    It's critical to me to have a read on what the broad market is doing. I used to use IBD's 'Big Picture' to get my market read but I find that I can reach the same conclusions using my General Market Analysis page. I've written before about how I use the General Market Overview page to get a read on the market as a whole. Last week I pointed out in my notes last week how choppy & trendless the market was looking. I want to go a little deeper into what it's telling me today.

    Here's the trend table for the indices from today's General Market Analysis page: Indices Trend Table

    Read More ➞
  7. New Feature: List Stock Scans by Type

    I just made some changes to the way the stock scans are displayed.  First, I've moved the "Advanced" scans and combined them with the formerly named "Single Pattern" scans.  So when you go to the scans page you'll see all of the scans listed along with the number of stocks that triggered for each scan.  

    The former Advanced Scans tab now is now "Scans by Type".  I've taken a first crack at applying categories / labels / tags to every scan.  Drilling down through the scans via those groupings should make it easier to home in on scans matching your particular style / strategy.  

    FInally, you may have noticed that some of the scans are marked as "Pro" now.  People with a Pro (paid) subscription have full access to the results of those scans.  If you're not a subscriber, the list of results will be limited for those scans.  

    I have a list of about 10 new Pro scans that I'll be adding over the next several weeks.  So stay tuned for those to pop up.

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  8. CLCD: Another Range Expansion-Contraction-Expansion Trade

    As another example of how I'm using this SwingTradeBot to find and track good trades, here's one I closed out today: CLCD.

    CLCD multiple Calm After Storms

    I posted CLCD to my chart notes  the night of September 8th after I noticed it on my Calm After Storm scan.  (See my blog post about the Calm After Storm scan for my reasoning for creating that scan.)  This is a textbook example of the kind of chart I wanted to find when I dreamed up that scan.  CLCD made a huge move on the 6th, pulled back on the 7th and on the 8th started showing signs of stabilizing/consolidating. That's what triggered the Calm After Storm.  

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  9. Removing Stocks from Your Watchlist or Portfolio

    I just received an email asking me how to remove stocks from a watchlist.  It's pretty straight-forward but it may not be obvious if you're using a mobile device.  If you're using a desktop or laptop computer (or maybe even a large tablet) you'll see a trash can icon over on the right side of each stock's row.  Just click the trash can icon to remove the stock from the list.  The pencil icons allow you to edit the stock's details (The note for a watchlist...  stop loss values, number of shares, entry price, etc. for a portfolio).  

     

    If you are on a mobile device it a little trickier.  For most of the tables on the site, columns get hidden to conserve space on mobile devices.  You'll be able to tell when data/columns have been hidden because you'll see a plus sign on the left side of each row. Tapping the plus sign or just tapping anywhere in the row will expand the row and show the hidden columns.  Once the row has been expanded you can click the "+" to reveal the trash can.  See below:

     

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  10. New Feature: Define Your Tradable Universe of Stocks

    People who are subscribed to one of the Pro plans can now specify the default search criteria for all of the scans on this site.  I think of this as defining your "tradable universe" of stocks.  Until now, by default the scan pages loaded with some settings that I chose -- minimum average volume of 250,000, minimum price of $10/share, stocks only -- no ETFs...  If you wanted something different, you had to adjust the settings every time you ran a scan.  This new feature will allow you to narrow the scan results down to exactly the type of stocks (and/or ETFs) that match what you're comfortable trading.

    Well now you can set your own default values once and have them applied whenever you load a scan with no parameters.  You can reach the 'Scan Preferences' page via the main menu.  Go to Account -> Settings -> Scan Filter Settings.  You'll be presented with the form below. 

    Just choose the values you want and click save.  From then on the scan result pages will only show stocks which are in you 'tradable universe'. (Unless you click a link which has different parameters embedded into itself.  Some of the links on the site are like that.)  You will still be able to manually adjust the parameters if you so choose, just like before.

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