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

ticker symbols:

• $SYNT $DIS $TM (<— quotes by stocktwits.com)
• http://bit.ly/150rha2 (<— charts finviz.com)

rank by performance %YTD after screening: (csv format)

No.,Ticker,Company,Sector,Industry,Country,Market Cap,Perf YTD,Price,Change
1,SYNT,”Syntel, Inc.”,Technology,Information Technology Services,USA,2.85B,26.72%,67.96,0.50%
2,DIS,Walt Disney Co.,Services,Entertainment – Diversified,USA,106.20B,18.14%,58.82,1.94%
3,TM,Toyota Motor Corporation,Consumer Goods,Auto Manufacturers – Major,Japan,187.42B,16.58%,108.71,2.08%

DAILY TOP RANKED Chart: SYNT

STUBBY’S COMMENTARY:

• this is an interesting stock chart. there was a big dip in price leading up to the beginning in 2013. a cursory thought is the stock began to fade during all the 2012 presidential election noise & then sequestration noise hammered it down further. but it’s also evident the stock was backfilling a gap up in price from earlier in the year of 2012. before stepping, i want to see the price breakout from here on solid above average volume. the strong fundamentals and TA indicators show there’s a little more room to run higher in the short-term. then i will expect a pause in price gain while the 50DMA catches back up with the stock price.
• as a position trader, the setup would be for me to enter with a starting 1/2 position if the stock breaks out on high volume. the next position to look for would be to wait till the 50DMA catches up with the price. a flat base or cup-n-handle formation may develop. at the conclusion of that pause development is closer to the time for me to consider taking a 1/4 position. i am not long SYNT but may consider taking an entry position in the next 72 hours if the senario i sketched out unfolds.

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(s):

1. i am long with a full position in TM @ 104.51. early in the day i bought the final position today @ 107.58. TM closed today @ 108.71. i started accumulating TM feb-26-2013 @ 101.99.
2. i went long DIS late in the day establishing an entry position @ 58.49. DIS closed @ 58.82