Ask Colin

What criteria do you use to scan the market using Insight Trader software?

My main scan is for stocks making a 52-week new high (they must make profits and pay dividends).

I also do a scan for low Price Earnings ratio stocks. The ratio used is calculated from the 10-year bond yield, however, using 10 times is a good simple scan. (Again stocks must make a profit and pay a dividend).

The full explanation may be found in my book Building Wealth in the Stock Market.