If the markets look poised to close strong this evening then I will initiate a single long swing position. I like the retail sector. Their price action today after a few days of persistent pullback has been very impressive. There are also a handful of technology stocks that also look good. Here is my focus list of stocks that I will pick my trade from: LCC, UAUA, SNDK, NFLX, CRM, HAS, SKX, and DDS.
Good luck and good trading!
Journal of my thoughts and trades on the path towards achieving a consistent monthly income from day trading!
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MY DAY TRADING RULES
I will ONLY put stocks BREAKING OUT OF DAILY CONSOLIDATIONS TO NEW HIGHS OR NEW LOWS ON HIGH RELATIVE VOLUME from my DAY TRADING SCAN into m...
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I stumbled up on the chart of DLLR while surfing the net tonight and decided to add it to my focus list for tommorrow. DLLR did pass through...
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For some reason the early weakness in the markets caused me to panic somewhat and so I tightened up my stops but I just realized that I was ...
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Generally speaking I like to trade pull backs in momentum stocks. Even when I am looking for position trades; I prefer to enter off a pull b...
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