It may just be that the market has discovered the Fountain of Youth, and the stocks in all the exchanges will always go up forever more. 

It sure does “feel” like that. However, anyone that has been trading for any length of time (or beyond last October when we had the last 1% drop in the stock market) will tell you that all the good moments that the market lets you experience, must come to an end…eventually. Are we near the end now? I have no idea nor does anyone else. It is a guessing game. How do you plan for it then? By constantly scrutinizing all of your long positions and making sure that when the party is over for this market, you know where to get out and to not second guess yourself. 

I still manage my trades as if we are at the brink of disaster or ready to start a fresh leg down. I always assume the worst when I trade, and manage risk accordingly. I take care of the risk on every one of my trades and don’t deviate from that practice. 

Here’s my Swing Trading Watch List

So in my watch-list below, you have defensive stocks that are rocking, solar companies that are finally moving, and home builders that have plenty of life in them. Oh, and check out those regional banks too, they have some charm to them as well.