CANSLIM Stock Screener ( with free tools )

CANSLIM method is developed my William O'Neil. He is the author of the book How to Make money in stocks. He describes this technique on his book. But this technique can also be applied by using freely available web sites.

1. Start with the Market : Check the market direction from here, here, and here. You can check the dynamic yield curve from here. ( You can also read the general econmic outlook from here, but do not forget to act on your independent oponion. Never act on others suggestion or view).
   
2. Look for strongest stocks in the strongest sectors from here. You can check the market carpet as well. Find stock which are making their 52-week high from here. Filter stocks which are not in your favourite list. (You can also read the general sector outlook from here,but do not forget to act on your independent oponion. Never act on others suggestion or view).
3. Look for the leader in the strongest quarterly earnings growth in the industry from here.
4. Check the the percent of shares held by the institutions from here.
5. Check the annual earnings growth rate from here.
6. You can check the key developments about the company from here, and here.
7. Buy the stock which has a cup and handle price pattern.

Do not forget money management techniques. Always plan your entries, exits, and price target before entring a trade. Do not change the rule of the game once your are in the game.

Further reading:
[1] My CANSLIM investing blog entry
[2] How to Make money in stocks