Systematic Trading: Week 5

Last week SPX closed above the much-watched 2800-2815 resistance area.  Its not convincing yet - this week we'll see if its a false breakout.

Following my system, I'm buying stocks, as the Russel 3000 index has been above its 200 MA.

Value (The Acquirer's Multiple)

Bought the next top 6 stocks from The Acquirer's Multiple All Investable Stock Screener.

Momentum (Clenow)

Bought 6 stocks:

• FSLR (First Solar), bought 73 shares @ $54.27
• CMG  (Chipotle Mexican Grill), bought 6 shares @ $648.90
• CDNS (Cadence Design System), bought 65 shares @ $61.37
• GRA (W. R. Grace & Co), bought 52 shares @ $77.40
• MSCI (MSCI Inc - not the MSCI index - the company that provides indexes), bought 21 shares @ $190.17
• PCAR (Paccar Inc), bought 59 shares @ $67.70