Here's another view from AlphaTrends.
FANG; Facebook, Apple, Netflix, Google, have been holding up well and doing a great job masking some of the weakness. According to Fundstrat 40 stocks out of the 500 SP500 stocks are responsible for the entire year-to-date gain in the SP500. Half of the entire SP500 gain so far has come from 10 stocks. This is just another reason why it makes sense to hold the index ETFs as core holdings. Here's the article WSJ.
Here are the names on my watchlist today;
I have an interest in these stocks on the long side if and only if they go through yesterday's high plus .10-cents. This single criterion will narrow down the list and get you involved only in the stocks that are on the move. The main drivers of stocks in the short term is momentum and mean reversion. Stocks that have a significant move in the short term tend to rest and move sideways for a few days and then resume higher more often than not. These momentum bursts typically last 1-10 days.
FLXN is a recent example;
Size and risk management are very important when swing trading, in certain markets one strategy will work better than the other.