Discover an idea
A stock scanner that gives you a starting point.
Cerebro searches US-listed stocks for price patterns and presents trade ideas to investigate. Spend less time searching for a setup and more time deciding whether it makes sense.
By Purdy Financials · Updated 20 October 2026
What comes with a trade idea?
A proposed entry, a target and a stop describe the plan. The entry is the starting price being considered. The target is the intended exit if the move develops. The stop is the planned exit if the idea goes against you.
An idea can be waiting for its entry condition rather than ready to act on. Check its status and the latest price before using it. Cerebro does not connect to your broker or place trades for you.
How to use a stock scanner thoughtfully
Start with the setup, then look at the company, upcoming earnings and the wider market. A pattern alone does not tell you whether a company is financially strong or whether an announcement could change its price.
Compare the planned gain with the planned loss. In a fictional long setup with a $100 entry, $110 target and $95 stop, the plan risks $5 to seek $10 per share: a 2:1 ratio. That ratio does not describe the likelihood of success. Gaps, execution prices and costs can change the outcome.
What does the free daily email include?
A Stoic quote and the day’s top trade idea, including its proposed entry, target and stop. When there is no new setup, the email says so. It does not include the full portfolio statistics or all scanner results.
Members can explore the wider collection of ideas and recorded outcomes in Cerebro. The record includes losing ideas; recorded outcomes are not the same as the returns achieved in a brokerage account.
Is this a live trading signal service?
The scanner and tracking processes run on a schedule. Quotes can be delayed, and an idea may no longer be actionable when you read it. Check the displayed dates, entry conditions and current market information.
The purpose is to support research. No pattern, target or stop guarantees a result, and a stop does not guarantee that a loss will be limited to the planned amount.