The market has been trading sideways since December 13th, the close on the SP500 on that day was 2,271, the close yesterday 2,263. Underneath the surface, there hasn't been any real damage to individual common stocks.
I have a long watch-list today but I'm going to focus on $DNR, $GUSH $CRR, $WIFI.
Here is the rest of the list;
We have an interest in these names if and only if they go through Friday's high plus .10 cents. We want to buy these stocks on the move and not anticipate the move. These ideas are what we consider swing trades that can last anywhere from 1-10 days. Most stocks if not all go through a momentum burst that lasts 1-10 days and that is what we look to take advantage of.
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at email@example.com or 646-480-7463.
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