Top 50 stocks for swing traders | stockbee

8/16/2013

Top 50 stocks for swing traders

After a range bound action for last 4 to 6 weeks the markets had a range breakdown. Which is not a surprise.

During market correction many momentum stocks go down. What goes up fast also comes down fast when party is over. Momentum stocks also offer good short opportunities once the stock breaks down near high.

Many of these 50 stocks over next few weeks will break down if selling persists. At the same time new stocks will taker on leadership.

Already few sectors are showing signs of momentum. In the extended 500 stock universe of momentum stocks I track daily, new entrants are showing confirmed momentum  from metals and mining sector. They will set up for swing trades in few days or weeks.

Stocks that hold up well and correct little during the correction will be another candidate set to watch during correction. As soon as fast selling phase is over they will start breaking out.

Range expansion do not stop during bearish phases, only less number of stocks have them and you have to be extremely selective and have lower profit targets.

But bearish range expansions will dominate during down turn. In last 12 month shorts have not worked well as market has been in constant uptrend , but a window of opportunity on short side might be upon us.

Top 50 momentum stocks for swing traders

Only stocks with 100000 plus volume considered.

Ranked using one year anchored  momentum

RVLT
ACAD
VIPS
USU
AEGR
MTG
ZHNE
JKS
CSIQ
SPWR
TSLA
BCRX
EVC
RSOL
NFLX
OWW
KERX
SNTS
CLDX
GST
ACRX
TROV
RDN
AUDC
TEAR
NOAH
GALT
SVU
STXS
AIQ
GPRE
BEAT
PTIX
CSTE
CZR
GTN
PPC
POWR
SGOC
SRPT
QCOR
Z
LIN
GRPN
NXST
CHTP
IQNT
QIHU
HIMX
VNDA



You can access all the Top ranked momentum stocks for free by visiting this link. 

Develop your own momentum scan and understand momentum concept and it will save you lot of money and make you lot of money. 

The list is updated daily.

While only 50 stocks are highlighted here , if you want to swing trade you need to look at larger universe of around 500 stocks. That way you will find 2 to 3 good trade ideas regularly. Swing traders must focus on fast moving stock. This is especially important if you have small account and you want to grow it big.


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