Stocks that outperform SPY

rlabonville

How can I scan for stocks that outperform the SPY?

markd

Well, first you have to decide what "outperform" means.

Let's say it means the stock has a better ROC(63) than SPY- that is, it has risen more in three months than the SPY.


If you have a list you want to compare to SPY, add SPY to the list, then run a scan that includes the list name and rank by ROC(63)

[favorites list is 99] // my list

rank by ROC(63)


The results above SPY are out performing.



Another way would be to add ROC(63) to a chart of SPY and note today's SPY value, say 10.5.

Then you would run a scan that includes a line for ROC(63) > 10.5

and [ROC(63) > 10.5]

Each time you run the scan, you would have to edit the 10.5 value to the current reading for SPY.

rlabonville

Thanks for the chart tip. My strategy is to sell 30 delta weekly covered calls on stocks that outperformed the SPY.