42 stocks with momentum
A 2% down day was good to correct some of these extremes. What next, probably a bounce. All the short term mean reversion kind of systems favored by quants would be in buy mode. So we might have few volatile days.
What will happen to high momentum stocks during this period. Some will reverse, some will have orderly pullback and they will again breakout after few days or weeks. There is still more money to be made on long side in this market.
42 stocks with momentum as of close of yesterday:
AGM
AHT
APPY
ARQL
BANR
BONT
BXG
CMLS
CPWM
CPY
CRME
CRUS
DCTH
DEAR
DRL
EK
FCH
GSL
IDIX
IDT
INTT
ISLN
JMBA
LDSH
LIOX
LPX
LSCC
MBI
MBTF
ME
MHGC
MHR
NENG
NFLX
NPSP
PCBC
PFSW
PIR
PURE
QLTY
SMTX
WNC
No comments:
Post a Comment