12/29/2009

6 momentum stocks to watch

As market has been up 6 days in a row, many momentum stocks are overextended and some are at stage where they will likely correct.

So out of the top momentum stocks, I would be watching the following six for possible entry:

  1. hpj
  2. nlst
  3. xra
  4. seed
  5. dan
  6. apwr
One of the trades I took from the momentum universe yesterday was XTEX. It ended up giving up lot of intra day gains post entry. 


XTEX: Crosstex Energy



Top ranked momentum stocks:

AHD
AMD
APWR
ATHX
BEXP
CAAS
CENX
CSIQ
CSKI
DAN
EWBC
GCI
HGSI
HPJ
IO
IOC
MED
MIC
NANO
NEP
NLST
NTRI
NVMI
REXX
SANM
SEED
SHS
SMOD
SNIC
TSTC
UAUA
XRA
XTEX

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