What's Hot ... and What's Not
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I really like coloured stuff, where you can see what's up just by checking out the colour and ...
>Huh?
I mean, like Coloring Things. Remember when we did that?
>No.
No matter. I just thought it'd be neat if we did this:
- Pick, say, ten stocks or indexes and download prices for the last umpteen days.
- Calculate, for each, the N-day Exponential Moving Average (EMA) ... where you choose N.
- Calculate, for each, the recent values of Price / EMA to see when it's big and when it's small.
- Stick all this into a coloured chart, like so:
>Don't tell me! Red is hot, right?
Yes, and Blue ain't.
>So what determines whether a stock is hot ... or not?
You tell the spreadsheet and ...
>Why not just show the spreadsheet?
Good idea
>And, as usual, click the picture to download the spreadsheet, right?
Right
>And SemiC is hot?
Semiconductors? How would I know? I have my own patented technique.
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