About The Alpha Ledger
The Alpha Ledger is a nightly stock research brief. After the market closes, it screens actively traded stocks and ranks the clearest setups for the next session.
The goal is simple. Help traders focus their research on a smaller group of stocks.
How the Ledger works
The screening process reviews five factors.
• Price action: how a stock moves over time.
• Trading volume: how many shares change hands.
• Volatility: how sharply the price moves.
• Chart structure: the pattern formed by price and volume.
• Risk and reward balance: how much could be gained compared with how much could be lost.
The Ledger usually lists 8 to 15 stocks when enough names meet the rules. The list may be shorter when market conditions are weak.
What the rankings mean
Each setup receives a conviction rank. Conviction measures how well the setup meets the screening rules. A higher rank does not mean that a trade will work.
Why a stock may leave the Ledger
A stock may leave for three reasons.
• Its move has advanced beyond the early stage.
• Its price action, volume, or volatility has weakened.
• Another stock now ranks higher.
Removal does not predict what the stock will do next. It means the stock no longer has a place in the current list.
What the Ledger is
• A stock screening and ranking service.
• A nightly research list for the next market session.
• A tool for traders who make their own entry, exit, and risk decisions.
What the Ledger is not
• A real time alert service.
• Personal financial advice.
• A portfolio management service.
• A forecast or guarantee.
• A substitute for your own research and risk plan.
Terms and disclosures
The Alpha Ledger provides stock screening lists and commentary for information and education. Nothing in the service is investment advice, a trade recommendation, or an offer to buy or sell a security.
A stock’s inclusion does not mean it is suitable for you. You are responsible for your own research, decisions, and risk.
Using the service does not create an advisory, client, agency, or fiduciary relationship. The publisher is not a registered investment adviser, securities broker, securities dealer, or financial planner.
The publisher or related parties may hold positions in stocks named by the Ledger. Those positions may differ from the screening results and may change without notice.
Past performance does not guarantee future results. Trading and investing can cause a partial or total loss of capital. The Alpha Ledger is not responsible for losses that result from use of its content.
The Ledger does not screen for earnings dates, analyst calls, or other company events. You are responsible for checking those events and deciding whether the risk fits your plan.
Updates are intended for regular market days. Delivery is not guaranteed. Market closures, personal circumstances, illness, technical problems, or publishing decisions may interrupt service.
All Ledger lists, commentary, frameworks, and screening logic are the publisher’s intellectual property. You may not copy, resell, repost, or use the content commercially without written permission.
The publisher may discuss or republish Ledger research in public or private channels for information, analysis, marketing, or commercial use.
You may use Ledger content in an automated trading system at your own risk. The publisher is not responsible for performance, signal accuracy, technical errors, delays, or unintended results.
United States law governs use of The Alpha Ledger. Any dispute will be handled under United States jurisdiction.
Academic attribution
Momentum Dynamics incorporates and adapts momentum concepts and a discriminant equation presented in Jeffrey D. Henning’s 2016 doctoral dissertation, Multiple Discriminant Analysis of the Price Momentum Anomaly and Reversal Event Signals.
The Alpha Ledger is an output powered by Momentum Dynamics, an independently developed system for market qualification, multi-timeframe analysis, opportunity selection, and risk management.
Neither Momentum Dynamics nor The Alpha Ledger is affiliated with, sponsored by, or endorsed by Jeffrey D. Henning, VMBreakouts.com, Seeking Alpha, or any related service.
