Fallond / Trade Ideas / Jim Cramer : May 3rd



Wednesday's week-on-week comparison winner went to the market ETFs, or more specifically, the DIA (it chalked up an impressive +2.31% for the week). The average return for the ETFs was a reasonable +1.18%. The week's underperforming system went to my Trade Ideas scan; this closed down -1.99%, not helped by ALTR and BPA, which closed down -8.76% and -6.34% respectively. The more frequently appearning IBNK and FSP did not outperform stocks which appeared only once on the scan.

As mentioned in the previous paragraph, ALTR was the worst performing stock on the week. The strongest performer came from my newsletter; HPY traded the week up +6.17%.

This was the 8th time the markets ETFs outperformed the stock pickers. The ETFs (27% win) rank second to my newsletter picks (43% win) for absolute performance across systems.

The Trade Ideas scan remains the best choice if selecting for average returns per trade (+1.00%) and is well ahead of second placed Jim at +0.74%. My newsletter picks trail in third at +0.59%, but all systems were able to outperform the market ETFs at +0.49%.


If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.

If you would like to subscribe to my newsletter you can do so by ordering monthly, 6-month, or annual membership from the 'Quantity' box in the right-hand-margin.

If you would like to see Jim's picks you can tune into his TV show, or get them from Madd Money or Mad Money Recap.

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