This is a free email we send once a week. It is packed with actionable info and insightful market wisdom. If you would like to receive it, you could sign up here.
Quote of the Week:
The trouble with you, Byron [Byron Wein – Morgan Stanley], is that you go to work every day [and think] you should do something. I don’t, I only go to work on the days that make sense to go to work. And I really do something on that day. But you go to work and you do something every day and you don’t realize when it’s a special day.
– George Soros on how to be selectively active
Top 10 ranked momentum Stocks on the SL50 List for the next week
Every single week, the SL50 list highlights 50 of the current market leaders – high-growth stocks with powerful technical setups that are close to breaking out. The SL50 list is an excellent idea generation tool for long-term trend-followers, position traders and short-term swing traders. Many of our members use the SL50 list as a starting point for their research, which saves them a lot of time and provides great ideas.
Be smart about how you use the SL50 list. This is not a magical list that will keep going up during market corrections. It consists of high-beta, high-growth names. Some of them will have very deep pullbacks during market corrections and they will actually lose their place on the list. Others will hold much better than the rest and build new bases. They are the future leaders in the making. The list usually does a really good job of highlighting them.
The column “weeks on the list” show how many weeks has each stock been on the SL50 list. “N” means that it is New.
For access to the whole list of 50 momentum stocks and swing trade ideas, you can try our 14-day free trial at Market Wisdom.
Don’t forget to check out my newest book: Top 10 Trading Setups – How to find them, When to trade them, How to make money with them