I am seeing momo stocks on my scans for a good chunk of this run. I run this scan for my subscribers everyday to make 1/4-1/3 of daily watchlists. When market rips these are the most powerful plays as they tend to breakout for days and can make huge runs.  You really want to see the market go on extended runs  if ur gonna load up on a ton of these.  When the market pulls back for a few days or consolidates it gives a chance for MOMO stocks to refresh or build up some juice as now they can pullback or base giving it a chance at another run.  Often stocks coming out of bases with momo can run for months at a time.

 

I run scans all the time.  Here is a scan I run to find find momentum stocks.  The list is dynamic as 1 dip in the market  can change the whole nature of the list. See stocks with momo go up the fastest when market runs and drop like a bag of terds when market dips.

 

This is a great place if your a swingtrader for a watchlist.  If you see the stocks many of them share the same characteristics.  Lot of biotech  plays and lot of ipo plays etc  This is a composite momo screen so not every stock is in the same mode some are near breakout some are near pullback, many are flagging. Lots are actionable   So there are different setups in this group.

How to use this list?

Highlight the tickers.  Paste them into finviz.  All the charts will show up on 1 page with all their fundamental data and news! That easy people.  Then narrow it down to what interests you and voila. This list is very powerful.

 

Few days ago? $gale rcon huge. . Everyday something will breakout on this watchlist if not multiple. Some will be  flagging for days: then boooooooom Depending on your style of trading you can buy it in anticipation of breakout (with tight risk controls) or set some alerts and play the breaks. IN TODAYS MARKET (not 3 weeks ago)  stocks breakout over and over. break, flag, break, flag, break

 

One thing I like to track is the changes in this list.  New additions and also stocks that stay.  The stocks that keep showing up on this list are showing continuous strength.   That is a plus and something that should be watched closely.  Also I like to track the nature of the list to see what types of stocks are working in this market as I scan the whole stock universe. Notice stocks that fall of this list. They can be great short candidates.

What do you notice? How many posts have I done on some of these stocks? $thld $kerx $ffn all these stocks we play them over and over!!  Heck a lot of these stocks I find them before they even make it on the momo list (I got a great feel for what will become momo)    So that is what I focus my list on first. Also new additions. See $thld  showed up for the 1st  time a 2months ago. Now look at it. So this is a stock if im a trader I watch closely as it probably is ready to btfo over and over for the next couple weeks (and boy has it). There will be many seperate and different trades in it as it will move up, pullback, flag, breakout, pullback etc etc.  Kind of like the metal stocks on this list. B/o then pullback the conosolidate then flag then go! These also make sweet stocks for daytrades as they pop on intraday breakouts, r/g moves and also fall hard on parabolics
I even take the stocks that have gotten ahead of theselves and are fading and put them on a “short list”.  Maybe a stock like $rcon or $gale is starting to get to extended  so if mkt turns on us that might be a stock that I short for a big swing to the downside.
Here are some favs  that look like they are going to breakout again.   — These stocks could  breakout today or tomorrow:
 
$kors $invn $bont $smsi $twer $grvy $vvus $smsi $invn  (almost all of them are flagging in a way. any of them could go
 

ACAD

AGEN

AMRN

BCRX

BLDR

BONT

BVSN

CIE

DRL

ECYT

FFN

FRAN

GALE

GRVY

HIMX

HK

IMOS

INVN

JOEZ

KERX

KORS

NQ

OREX

PATH

RCON

RDN

SMSI

SWHC

THLD

TRX

TWER

VVUS

[screencast url=”http://screencast.com/t/hORfQzTGb” width=”” height=””]

 

[screencast url=”http://screencast.com/t/GmjevtyzzWQa” width=”” height=””]

 

[screencast url=”http://screencast.com/t/SAHX912EmdDh” width=”” height=””]

 

[screencast url=”http://screencast.com/t/CLl7u2uIfV” width=”” height=””]

 

 

Share:

Facebook
Twitter
Pinterest
LinkedIn

Stop Guessing.
Start Trading.

Secured Checkout Providers

Don’t Miss Out

Pre-Market Live-stream

Tuesday’s and Thursday’s at
9:00 AM EST.

Connect With Us…