Swing Trading Watchlist

The SPY (SP500) is back at a level that can offer some short term resistance; $236-$237. For traders that can have some short-term consequences, for investors is pretty much meaningless.

I have a few stocks on my watchlist today; $BZUN, $V, $GXP, $AMBA, $KEM, $HSIC, $NVRO, $IPGP, $PARR.

$V and $AMBA are two stocks that printed inside days yesterday, and both saw some call option activity. I have an interest in these two stocks if and only if they go through yesterday's high.

$KEM and $HSIC also look ready to a second leg higher after 3+ weeks of sideways action.

The semiconductor stocks have been on fire, $IPGP has been moving sideways after a leg up, it looks ready for its second leg higher. Volume is an issue with this stock.

$GXP and $PARR two oil-related names that have been basing for months, stocks that breakout from long bases tends to start a new leg higher that lasts weeks to months versus just showing a short-term burst that lasts 1-10 days.

Stocks move in short-term bursts that typically lasts 1-10 days, that's every stock. We have an interest in the names above if and only if they can get through yesterday's high. This single criterion will narrow the list for you and get you involved in the stocks that are beginning their move.

SIGN UP HERE FOR OUR STOCK PICK OF THE WEEK.

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 fzorrilla@zorcapital.com or 646-480-7463. 

See How I Translate My Tweets & Blogs Into Actual 3rd Party Verified Trades

Work With Me

We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills.  If this is something you can relate to, then this blog is for you.

DISCLAIMER