Swing Trading Watch List – Jan 20, 2012

19 Jan

The broader market has seen a flurry of gaps for the past few days, all of which have filled, but one. That one being the opening gap up from the year. Put a post it note in front of your computer with the number 1251.75. This is the unfilled gap on the S&P500 and we will look to fill it in the coming weeks.

Given that the market has rallied this week, stocks that didn’t participate in the rally and are just setting up long now are considered relatively weak, therefore we won’t be placing any new positions tomorrow.

Stocks to Watch on 1/20:

Longs: None

Shorts: None

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