My approach is based on the findings of research that securities that have been strong in the past will likely be strong in the future. Lots of Asset Allocation strategies are based on this well-documented finding.
I can mention Gary Antonacci's "Dual Momentum" explained in his official site
https://dualmomentum.net/
I decided to use the same approach but with stocks instead of ETFs he's using.
I measured the momentum of the stocks contained in various Indexes, such as S&P 100, 400, 500 & 600, as well as NASDAQ, and I constructed charts like the one below:
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Both the long-term and the short-term are a combination of momentums at different time intervals.
I use these charts to choose stocks that have shown a satisfying combination of long- and short-term strength.
I post these charts, as well as some information I find useful, on my site:
www.globalactivetrading.com
I'll be glad if you visit the site and tell me what you think. I'll be happy to answer any questions.
Any comments are welcome!
Thanks!