The market continues to chug along; the SP500 is just moving sideways, Russell 2000 as well and the Q’s and Nasdaq composite are leading.
There’s a big snowstorm on the east coast, but I’m sure the machines will still make it to work.
Here’s my watch-list for today; $PI, $GS, $X, $BRKB, $EXP
We have an interest in these stocks if and only if they can get through yesterday’s high plus .10-cents, that is typically where out buy stops will be. This single criterion will narrow down your list to a handful of names unless of course, the market is super strong. You can also narrow down the list by float, price, sector, preference, etc.
These ideas are what we consider swing trades that can last anywhere from 1-10 days. Most stocks if not all go through momentum burst that lasts 1-10 days that momentum burst is what we look to take advantage of.
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at email@example.com or 646-480-7463.
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