Hello Marty,
When selecting stocks while using the comparison charts, what time frames should we check, Quarterly, Semi-annual, annual, or all formats?
DDS vs ASO etc.
Sincerely,
Stephen Rager
Stephen,
I am sorry...but, not sure of the question on using comparison charts and time frames for selecting stocks.
When selecting a stock to buy I use Marketsmith to screen for fundamentals and technical traits. But, I ALWAYS use a weekly chart before making any buy or sell.
DDS and ASO are both in retail. But Dillard's is a department store and Academy Sports Outdoors is a retail-leisure company. I attach a three month comparison chart just to see how they perform. These are great charts to show which stock is leading in a certain industry group as they change quite often.
But, I would not use it to buy or sell a stock. I only use comparison charts in order to compare their performance over. given time frame.
If this does not answer your question accurately then please ask again. I enjoy discussing stocks, chart patterns, performance and all.
Regards,
Marty
Thank you, Marty, you did answer the question for the most part. I'm not using it for selecting, I should have worded my question better. It's more for comparing performance. I've noticed above you used a 1-year comparison. Are there times your comparisons are less than 1 year, such as semi-annual, quarterly, and monthly?
Thank you, Stephen
