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Zacks.com featured expert Kevin Matras highlights: The Laclede Group, Inc., Mattel, Inc., MedCath Corp., Oxford Industries, Inc. and Tyler Technologies, Inc.

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By: Kevin Matras
September 06, 2011 | Comment(s): 0
Recommended this article (6)
LG | MAT | MDTH | OXM | TYL

Chicago, IL – September 6, 2011 - Stocks in this week's article include The Laclede Group, Inc. (NYSE: LG - Snapshot Report), Mattel, Inc. (NASDAQ: MAT - Analyst Report), MedCath Corp. (NASDAQ: MDTH - Snapshot Report), Oxford Industries, Inc. (NYSE: OXM - Snapshot Report) and Tyler Technologies, Inc. (NYSE: TYL - Snapshot Report). Kevin Matras shows how to use weekly price and volume to help determine future market direction and spot institutional buying.

Screen of the Week written by Kevin Matras of Zacks Investment Research:

With the market gyrating up and down lately, it can be difficult to determine which stocks are poised to move higher and which ones are just marking time before heading lower. One of the best ways to determine this is to look at the volume; specifically, how the price and volume move together.

I mention this because price typically follows volume. So in this week's screen I want to focus on stocks with increasing Price and Volume.

One of the reasons why I like to look at increasing volume is because it's one of the best ways to spot institutional buying. This is important because regular, everyday investors do not have the power to move the market or to make a noticeable blip on the volume's bar chart. But big institutional traders do. And nothing can move a market more than seeing these guys pile in.

When you hear someone say the market was up or down on big volume, that's more than just an interesting fact. To the technically savvy, that can act as a clue to investor sentiment and a chance to get in and ride the wave while the big guys are getting in.

So in this week's screen I'm searching for stocks with increasing volume over the last couple of weeks. Not just a couple of days, but weeks. This helps me see true demand that seems to be building over time. There may be an occasional light day here and there, but in total, I want to see it growing week by week.

And while there are plenty of stocks that fail to meet these criteria right now, there are lots of really great stocks that do, and those are the ones we're concentrating on.

The parameters to the screen I'm running this week are as follows...

For the rest of this Screen of the Week article, please visit Zacks.com at: http://www.zacks.com/commentary/18728/

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Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here http://at.zacks.com/?id=5530

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Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros http://at.zacks.com/?id=5531

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Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

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Read the full analyst report on LG

Read the full analyst report on MAT

Read the full analyst report on MDTH

Read the full analyst report on OXM

Read the full analyst report on TYL

 

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