No. of Recommendations: 3
This one? Naz 100 consolidators?Yes, the link you posted was the original version, but later in the thread, musselmant posted a newer version. It's the second gtr1 link at
https://www.shrewdm.com/MB?pid=-2&previousPostID=1...The rationale for the screen criteria was discussed in the thread at
https://www.shrewdm.com/MB?pid=375700638&wholeThre... In particular, the step
ratio(tr(1,5),tr(1,200)) bottom 10 is looking for stocks with very high 40-week momentum that had a pullback in price over the most recent week. The chart should show a steep price rise over the past 200 days, and then a flattening out (consolidation) over the past 5 days. Markman's FOG formula was similarly looking for high 52-week momentum with a consolidation over the past month.
This screen has an annualized return of 26% over the past 10 years, and is up 21% YTD according to
https://discussion.fool.com/t/curated-screens-2024... So, yes, FOG has made a comeback.