My Current Short Watch-List for Swing-Trading I’ll be publishing my watch-list for long setups tomorrow. Today though I wanted to provide you with my short setups that I am watching. If the market continues to rally, then it is unlikely that I’ll use any of the stocks there on the right side. Some of the
Some ideal swing-trade setups to consider The market is breaking out nicely today after consolidating for the past four days. It’s not a major move but measured. I think there is still room for the market to rally more, as long as it doesn’t get ahead of itself like it did earlier this month. For
Pre-market update (updated 7:30am eastern): European markets are trading 0.2% higher. Asian markets traded 0.2% higher. US futures are trading slightly higher ahead of the opening bell.. Economic reports due out (all times are eastern): Housing STarts (8:30am), Jobless Claims (8:30am), Philadelphia Fed Survey (10am), EIA Natural Gas Report (10:30am) Technical Outlook (SPX): We had our
Smokin’ Opportunity in Lorillard Group (LO) Stock: The Lorillard Group (LO) Long or Short: Long Entry Range: $117.30-117.75 Stop-Loss: $113.74
Today’s Lazy Swing Trades long and short: I have yet to take a position in either of these, but they are both setting up well. The short setup in WellCare Group (WCG) is already in the process of confirming the head and shoulders pattern as identified below. Amkor Technology (AMKR) you will want to be
BG offers a great setup to get long with. Stock:Â Bunge Ltd (BG) Long or Short:Â Long Entry Range:Â $75.11 Stop-Loss:Â $72.79
My Swing-Trading Watch-List for Long Setups I’ll keep it brief, but the swing trade list posted on the right represents the list of stocks that I will be following closely heading into next week. There are some on there that I have already gone long on such as VMC and EW. The others though represent
WCC long is an All-American Long Swing-Trade Stock: Wesco International (WCC) Long or Short: Long Entry Range: $68.24 Stop-Loss: $65.67
EW pullback offers a second chance for traders Stock:Â Edward Life Sciences (EW) Long or Short:Â Long Entry Range:Â $93.15 Stop-Loss:Â $89.99
VMC breaking out and bull-flagging Stock: Vulcan Materials (VMC) Long or Short: Long Entry Range: $53.25 – 53.50 Stop-Loss: $51.67