Watchlist

Swing Trading Watch List – Jan 6, 2012

Only longs showed up on our scans this evening. This can mean one of two things, a violent rally, or violent decline. Not very helpful right? Wrong. When we see the same pattern show up across all markets look to the media. If the media is talking about that same setup, it’s likely the opposite will happen. If the markets are showing a clear sign or pattern setting up, it’s okay to go in big. Just make sure to define…

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Swing Trading Watch List – Jan 5, 2012

Continuing where we left off yesterday, the shorts saw the start of a good move. One option to lock in profits as the trade works in your favor is to trail your stop above the high of the prior day’s close (for shorts) and vice versa for longs. Gold Has Fallen Off the Radar The GLD has broke it’s multi-year uptrend. The fact that GLD hasn’t been talked about as of late is a positive sign for bulls or those…

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Swing Trading Watch List – Jan 4, 2012

A slow start today, but that’s normal for the first trading day of the new year. I wanted to begin this post by touching on some entry concepts for swing trades. The Importance of the First 15-min Bar The above is a 2 day 15-min chart of HSTM. This morning it was cued up in the long bin if it broke Friday’s high. It did, so why didn’t we go long? Look at the first 15-min bar. Here’s a trick…

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Swing Trading Watch List – Dec 20, 2011

Not much on the watch list for tomorrow. One thing to keep in mind (especially during slower times of the year) we are looking to maximize our returns on the trades we take, not necessarily increase our win rate, by taking more trades for smaller profits. Proceed with caution… Stocks to Watch on 12/20: Longs: SO Shorts: CRL, DV, SLH   Grab the RSS Feed to have the daily watch list delivered via email.

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Swing Trading Watch List – Dec 19, 2011

Looking Bearish, Watch for Fake Out It looks to me like a little bear flag forming on the daily chart of the S&P500, however when you take a step back and look at the context of the large wedge that we have forming a small sell-off could be followed by a sharp rally. Stocks to Watch on 12/19: Longs: VSAT, DG Shorts: GAS, LEA   Grab the RSS Feed to have the daily watch list delivered via email.

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Swing Trading Watch List – Dec 15, 2011

Relative Strength and Relative Weakness Now is great time to flush out your watch list and highlight the stocks that are holding up relative to the market. Any stock that is moving sideways or up in the past  few days would be coined “relative strength.” At the same token, make a note of the stocks that are down more than the broader market and look to short them on a bounce. Entering on a new short on a bounce would…

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Swing Trading Watch List – Dec 8, 2011

All signs point in favor to the bulls. Draw your line in the sand and hang on. We’ll look to enter over the high of yesterday’s candle with a stop under the low. BUT remember, anything can happen. A bull rally along with a massive gap down tomorrow are two possible scenarios. We’ll be ready for either. Stocks to Watch on 12/8: Longs: AVA, BCE, CLB, DPZ, HUM, LKQX, MA, OZRK, PETM, PGN, PNW, SBUX, SWX, TGI, VPHM Shorts: FSLR…

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