Momentum is back

The market tipped its hand. The momentum cycle is back in play. There are breakouts a galore. Those who were prepared for this could capitalise on this move. Those married to hypothesis and following the popular blogs were left on the sideline.

One of the most important quality to develop as trader is to be flexible. Remember the market is the leading indicator. All the macro analysis and big picture stuff is of no use if it can not predict or anticipate the market direction. You must be always prepared for such rallies. If you hesitate or start researching now, the best opportunities may not wait for you.

As I had indicated earlier, now onwards there will be more data focus. You can find your own opportunities in this data. This set of ideas should give you enough to work on daily basis.Both long term and short term traders should find profitable ideas in these lists. These lists should above all allow you to anticipate few moves. They also ensure you never miss a major opportunity. The format and actual lists will evolve based on feedback.

You can also track the intra day trades being highlighted in the comments section. Today morning I highlighted number of trades starting as early as 9:50 onwards. Most of them made 5to 10% moves post the comments. So if you are looking for profitable ideas keep checking the comments in morning. Walter and F also suggested number of good trades today. F has also been right on money about his prediction of impending rally in Nasdaq, which he made yesterday and day before, when things looked gloomy.


Top Momentum Stocks
ACOR,Acorda Therapeutics Inc
ANGN,Angeion Corp
AOB,American Oriental Bioengineering Inc
AXR,Amrep Corp
AZL,Arizona Land Income Corp
BRLC,Syntax-Brillian Corp
CRVL,Corvel Corp
FTGX,FiberNet Telecom Group Inc
GIII,G-III Apparel Group Ltd
GOAM,Goamerica Inc
GROW,U.S. Global Invest Inc A
HGO,Houston American Energy Corp
HRT,Arrhythmia Research Tech
HTI,Halozyme Therapeutics Inc
IAAC,Internat Asset Holdg Cp
IIG,Imergent Inc
JST,Jinpan Internat Ltd
PCCC,Pc Connection Inc
PGLA,Progen Industries Ltd
SQNM,Sequenom Inc
STEC,Simple Technology Inc
TATTF,Tat Technol Ltd
TGEN,Targeted Genetics Cp
UUU,Universal Security Instruments

Look for pullback entries or breakout entries on these. These stocks have the best momentum characteristics currently. If you just follow and trade this list consistently, you will outperform the market. This is a dynamic list which changes periodically. An expanded 50-70 stocks list will appear on Friday or Saturday for weekend study.



Long Ideas Bin
Possible long candidates. Research before you invest.
AD,Advo Inc
ALXA,Alexza Pharmaceuticals Inc
AMD,Advanced Micro Devices
AP,Ampco-Pittsburgh Corp
APAC,Apac Customer Services
BCGI,Boston Communications Gr
BCO,Brink's Co
BFLY,Bluefly Inc
CBLI,Cleveland BioLabs Inc
CIEN,Ciena Corporation
CRL,Charles River Labs Intl
DAKT,Daktronics Inc
DCTH,Delcath Systems Inc
DECT,Dectron Internationale
DMX,I-trax Inc
DWSN,Dawson Geophysical Co
GEMS,Glenayre Technologies
GUID,Guidance Software Inc
HSR,Hi-Shear Technology Corp
IMM,Immtech Pharmaceuticals Inc
JST,Jinpan Internat Ltd
LEE,Lee Enterprises Inc
LINE,Linn Energy LLC
LNET,Lodgenet Entertainment
MNST,Monster Worldwide Inc
PLCM,Polycom Inc
PVH,Phillips-Van Heusen Corp
RAE,Rae Systems Inc
RBAK,Redback Networks Inc
RES,RPC Inc
RVBD,Riverbed Technologies Inc
SLP,Simulations Plus Inc
SPSS,Spss Inc
STEC,Simple Technology Inc
STP,Suntech Power Holdings Co Ltd
SVVS,SAVVIS Inc
WHQ,W-h Energy Services Inc
WOR,Worthington Industries
WY,Weyerhaeuser Co


Short Ideas Bin

Possible short candidates.
GMXR,Gmx Resources Inc
NAHC,National Atlantic Holdings
SIM,Grupo Simec S.A.B De C.V
SIRF,Sirf Tech Holdgs Inc
WRES,Warren Resources Inc


If you profit from these ideas, a small donation out of the profit will help keep the trading Gods happy. The donation button is on right hand side. Alternatively, you can donate through Amazon gift certificate. If you would like to send cheque please email for address.