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
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.
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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