Big League Day For The Market
Yesterday was a great day for the market and for our watchlist led by $X and $COTV.
Not many names are on the list today partly due to the great action yesterday. Here's the list; $TECK $PI $MTL $TMST
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.
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