Alternative Scanning - My process. Use and share if useful.

I already covered Screening vs Scanning.
"Alternative Scanning" is when you use external data. There are 5 scans I browse weekly

1. Twitter
2. Reddit
3. Fidelity
4. StockTwits
5. Whale Wisdom
1. Twitter: I have created 5 private twitter lists. Please dont ask me to share them. The reason is people get upset when they are or are not on any list. Not worth it. Create your own list.
Make a list of long term investors, traders, chart experts, etc. I scan this daily.
2. Reddit. This is confusing since it is harder. My hack is that I have recently started using Swaggy Stocks. I dont recommend it yet, but it is worth a try.
swaggystocks.com/dashboard/wall…
3. Fidelity publishes a list of stocks with most customer orders.
I have gotten some good ideas here for short term swing trades. You dont need an account for this. 🐘🚀

eresearch.fidelity.com/eresearch/goto…
4. StockTwits publishes a page with trending and most active stocks. Once a while you might get something good. I have not traded any from this yet.

stocktwits.com/rankings/trend…
5. Whale Wisdom. I love this as much as my Twitter lists, for swing trades. WhaleWisdom 13F activity heat map of stocks most bought & sold by funds - hence 13F filings

whalewisdom.com/report/heat_ma…
One more that is hit or miss is Robinhood Top 100 traded stocks. You need an account for this.

robinhood.com/collections/10…

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More from @mukund

22 Feb
Screens and scans that I use.
Please use and share if you find useful.

I am sharing 5 of 25+ screens/scans. The ones that have back tested & work consistently.

1. Sales and earnings growth
2. Earnings surprise
3. Mid cap, new IPO
4. Volume breakout
5. Small cap hot sector
1. Sales and earnings growth. I use finviz.com
Go to screener,
Select Fundamental Tab
Choose Over 30% for Sales and EPS growth Quarter over Quarter
2. Earnings surprise
I use NASDAQ earnings surprise page for this. Super useful during earnings season

Strong earnings surprise means a week+ of gains usually in the stock

nasdaq.com/market-activit…
Read 7 tweets
20 Feb
Screeners and Scanners: My process explained. There is a difference between Screening (Finviz) and Scanning (Koyfin) for stocks. I will share what I do and if you find it useful, please use it, and share.
Screener: I "screen" for stocks on finviz using some parameters I set. In this example, I am looking for HIGH growth, stocks that have recently (<1 year) IPOed.

You can further refine this list by adding volume for example.
I have used 30% QoQ EPS and Sales growth.
Scanner. Screen gave me 23 stocks. I cut and paste the tickers into a watchlist in Koyfin

Go to app.koyfin.com/mov and select the watchlist. View shows you relative volume leaders( to the right) and 1 day return (top)

You can select other time frames as well (1 wk, 1mo)
Read 6 tweets
19 Feb
Here is my process since many of you asked. It is simple. 5 Steps:
1. Screen
2. Validate
3. Verify
4. Watch
5. Average In
1. Screen:
I try to look for very high quality companies (30% growth Rev + EPS) Or one of my 15 screeners - opportunistic (explain later)
Check out @alphacharts365 for a video on "finviz" screening. He's a good guy.
2. Validate:
I try to check growth (consistency) and basic financials check
I will also go their website and read as much as I can
I will gather some market reports - @skaushi is a star at this.
I try to also check for future growth expectations - marketbeat helps you there
Read 8 tweets
17 Feb
How to "Do your own research" when you dont have time or the inclination but also dont want to blindly follow "FinTwit Experts"?

A short thread.

Only valid for these times of <whoops, I heard it about it this yesterday and it is up 20% already>
You see it in many FinTwit posts - "Not financial advice. Do your own research DYOR".

And you are thinking - Damm I dont have the time or the inclination to DYOR. Some may not have the skills, but that's for another thread.

So how do you quickly DYOR?
Assumptions:
1. You have a full time job and investing is "your passion", "side gig", "way to create wealth", "second income stream", etc.
2. You're area of expertise is not in the field that the stock recommendation is made. E.g. you are a doctor and the stock is a Space play
Read 11 tweets
15 Feb
$GHVI - a thread on Matterport.
Disclaimers:
1. I dont own shares.
2. I am/was a skeptic - If you search $GHIV and my name on twitter you will see me worried about valuation
3. @plantmath1 and @Innovestor_ have done a good job on valuation & background

4. Dont FOMO 🙏🏿💕🐘
My investment thesis will be based on 5 pillars with data and examples:
1. Digitizing "analog" opportunities is a mega trend
2. "Residential" home owner tours is the "toy" @cdixon
3. Data exhaust makes for follow on opportunities
4. Margin growth
5. Risks: proceed with caution
1. Digitizing "Analog"
When "analog" things are digitized, opportunities expand 10X to 100X.

Examples: $AAPL iTunes, $NFLX, $AMZN catalogs

en.wikipedia.org/wiki/Digitizat…
Read 27 tweets
14 Feb
Valuations, Valuations, Valuations.
How to get comfortable with high valuations for high growth exceptional companies.

A data driven thread with some examples:
$CRWD $MELI $SE $OKTA
For this thread I looked very high growth and high valuation companies which I believe mostly did not have Covid alone tail winds.

To prevent endless (and counter productive) debate, I eliminated $ETSY, $PTON, $ZM, etc. since folks might argue their growth is Covid related.
I am trying to answer some questions for myself:

1. What data tells me to get COMFORTABLE buying highly valued companies? E.g. $ABNB $AFRM etc. These are just examples, I am sure there are others

2. What data tells me that stock X is highly valued deserving vs. not deserving
Read 19 tweets

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