Archive for April 4th, 2013

Economic reports (thurs 20130404) – Jobless Claims

Jobless Claims: Released On 4/4/2013 8:30:00 AM For wk3/30, 2013

  • Highlights – Upward pivot for jobless claims is bad news for the unemployed. The March 23 week saw the sharpest weekly increase and the highest level of the year, both now exceeded by the March 30 week with initial claims up 28,000 to 385,000. The 4-week average also shows its largest increase and highest level of the year, up 11,250 to 354,250.
  • Weekly series fluctuate more dramatically than monthly series even when the series are adjusted for seasonal variation. The 4-week moving average gives a better perspective on the underlying trend. Data Source: Haver Analytics
  • 20130404_jobless_claims
  • Note – all credits to bloomberg.econoday.com

 

Prior

Prior Revised

Consensus

Consensus Range

Actual

New Claims – Level

357 K

357 K

350 K

339 K to 365 K

385 K

4-week Moving Average – Level

343.00 K

343.00 K

354.25 K

New Claims – Change

16 K

16 K

28 K

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2 Notable 52wk HIGHS [EOD20130404] $TFX $MON $$

2 Notable 52wk HIGHS Screened & Ranked By Desc % YTD Price Performance:

ticker symbols:

TFX MON (<— quotes by stocktwits.com)

rank by performance %YTD after screening:

No.,Ticker,Company,Sector,Industry,Country,Market Cap,Perf YTD,Price,Change

1,TFX,Teleflex Incorporated,Healthcare,Medical Instruments & Supplies,USA,3.50B,20.14%,85.31,0.98%

2,MON,Monsanto Co.,Basic Materials,Agricultural Chemicals,USA,56.66B,12.56%,105.74,1.18%

http://bit.ly/10AoWN6 (<— finviz.com charts & news)

screening method:

1. first, using these following 11 finviz screen criteria:

    • positive institutional transactions
    • short float <5%
    • gap up
    • performance1 today up
    • performance2 YTD +10%
    • above 20dma
    • above 50dma
    • above 200dma
    • 52wk high
    • relative volume over 100%
    • price over $50

2. second, i screened the list further using the following IBD criteria:

    • composite rating 80 or greater
    • eps rating rating 70 or greater
    • rs rating rating 80 or greater

3. third, ranked the resulting list by %YTD price performance.

disclosure: i am long TFX

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