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.
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.
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