Staying on top of the market

I am often asked, how do I keep on top of the market and sector trends. On a day to day basis lot of things change in market. New themes emerge. New sectors start rallying or end their rally. Within a sector only one stocks starts a rally. Some stocks top out and start their downtrend. In a complex market with over 7000 stocks , on a day to day basis, there is lot of noise and then there are opportunities.

If one can spot emerging themes quickly then one can exploit them. So end of day market analysis is an important tool to keep on top of the market. There are various things people do , I primarily use my 4% plus breakout universe and Episodic Pivot candidates to isolate emerging opportunities and problem areas. While I generate trade ideas from the Double Trouble or EP or IBD based methods, I look at all the stocks in the 4% plus list daily. Now this discipline helps me quickly spot trends which may not be apparent in the methods which I follow. I may or may not take trades from the analysis, but as a market understanding tool, it helps a lot. Such analysis gives you "feel" for market. It develops your "instinct"

So after market close there are couple of things I do to stay on top of market. Usually I spend an hour on all these.

• Slice and dice the members of 4% plus scan to look at sector and individual stock trends.
• Go through members of 50% plus and 25% plus in month list. Look at new members. Try and understand what was the catalyst.
• Go through new members to 100% plus and 200% plus list.
• Look at the sector trend in 65 days.
• Look at all 4% plus breakout with IBD ratings of 70 plus on EPS.
• Look at the top 25 trending stocks.

Doing this day in and day out helps you keep on top of the market and quickly identify emerging opportunities.

If you do this day in and day out, you will find so many opportunities both on long and short side, that you will wonder why so many traders complain about lack of opportunities.

Now for today there are total 162 stocks on bullish side. You can go through the list and see if you can find good opportunities in it.

Bullish

ACOR ADH AGIX AGP AHM AMRN ASEI ASFI ASPM AUXL AVNC AZPN AZZ BHIP BJGP BKUNA BTRX BXC BYD BZH CAL CALM CCRN CERN CMCO CMGI CNSL COMV CORS COSI CRB CREE CRNT CRTX CTLM CTXS CWST CYNO CYTC CYTO
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DBTK DDE DEPO DHI DIO DRH DSL EDAP ELMG ENER ENG ENTU ERS EZPW FBR FED FMT FSLR GBE GBN GGL GHDX GOOG GPIC GTIV HEM HMB HNAB HOTJ HOV ICE IIJI IMB IMH ISLE ISTA JAV JBLU JRJC KERX
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XNL ZOLT

Bearish

AEO BBBB BBOX CFHI CTC DYS EGHT EXK FORG GIGM GMTN GSOL HL HMIN HRAY HTLD IDMI KONG KOOL LMT LTON MERC MNST MOVI MTL NAK NEXM NTBK PERY PLM SGN SNHY SSL SWZ TECD UIL UNFI UVV WYY XFML
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XTNT ZILA ZIXI