Focus on Top 25 stocks by YTD % change

If you are serious about making money trading and want to focus only on handful of stocks then you can find lots of trading opportunities in stocks in Top 25 rank by YTD gains.

These are the stocks favored by market currently. It is easy to focus just on Top 25 stocks that way even busy people can find trades by spending few minutes a day.


Top Ranked Stock by YTD gains
CFMS
AXSM
DMRC
ZYNE
VFF
DBD
PHAS
ENPH
ADVM
ROKU
TLRA
PAYS
FTK
PRPO
INS
ARQL
TEUM
AVP
SE
VHC
NETS
VYGR
CHMA
ZIOP
AVLR

10K swing trade in ROKU

ROKU across accounts

























4618+5034+ 617+459=10728

In a shaky market there are still some swing opportunities on long side.

In market like this I am more focused on ultra high volume breakouts.

AMD was one yesterday and had nice follow through intraday.

From last nights newsletter

05/23/19

SA: A bounce in to holiday weekend might be likely move.

Anticipation helps you find low risk entries

This was in last night Newsletter as anticipation setup. It triggered in first 5 minutes and go on to make 3.52 dollar move from open.

To find anticipation setups focus on stocks with momentum having range contraction. You can plan entries in these kind of trades and enter using Buy Stop Limit Orders (BSLO). That gives you very low risk entries.

Find explosive moves early

If you want to make money swing trading find moves like these early.

In order to find moves like these scan for range expansion in first few minutes of open. 

News/twits driving action makes it unpredictable

No clear edge here unless we see reversal. Market breadth was deteriorating for weeks so this might accelerate selling .

News/twits driving action makes it unpredictable.

Drip drip selling

Many Momentum Leaders (Stocks ranked high by TI65 or MDT) continue to hold well near high.

A bounce might develop based on absence of big 300 plus day kind of selling.

How to find shorts

One of the short setup that works in most market condition is weak structure short. Weak structure short is a short on a stock that has persistent downtrend and any bounce is just one day bounce that immediately fails.

This is a short I recommended few days ago as 3 to 5 day swing. The stock had 3 down days in a row and then a small pause move that next day was followed by breakdown (it showed up in our 4% breakdown scan).

These kind of weak structure shorts work well once you develop expertise in identifying them. Here are some examples of these kind of setups.

If you want to make money swing trading on short side you should study this setup in detail and scan for them. 

Will there be follow through

Last 3 weeks we have seen steady and persistent selling punctuated by few days of positive breadth day.





But so far the T2108 has held up well so probably indicating a pullback kind selling.




TVIX is something to watch , if it has follow through selling will spread. So far most spikes have been a failure.

Overall all things point to pullback in market after a torrid move from bottom.

Not enough evidence to be super bearish. I remain acutiosh and very lightly invested and trading more on intraday time frame.

If sell off continues “strong structure” stocks will be vulnerable to selling . So for shorts will look for fading strong moves.