One cool feature from Exodus is the ability to screen for stocks in oversold cycles. These oversold cycles are backtested over a 12 month period and suggest an average return of holding the stock, for 5 days, based on past performance.
Let’s go ahead and take a look at tonight’s screen. The following stocks are oversold on our 12 month algorithm, and in the past have had an average bounce of 3% with a 5 day holding period:
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My favorites from the screen, especially in a crash scenario, include: AMZN, PHO, EBAY, MLHR. Exodus members can bookmark this screen HERE.
See you guys on Black Monday.