Top 50 stocks for swing traders
While market has had several sharp rebounds after sell offs or pullbacks, but convincingly taking out high has been a problem. The high established in may has been tested but for a few days of marginal high above that, it has been a struggle.
Many of the timing models and risk models followed by many have been spooked by this. In recent months every time IBD has said market in correction , the markets have rebounded and every time they say market now in confirmed uptrend the market starts losing momentum and goes back in range.
From a swing trading point of view the best setups have been when most of the timing models were saying to stay out.
Top 50 momentum stocks for swing trader
Only stocks with 100000 plus volume considered.
Ranked using one year anchored momentum
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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