This week’s stock watchlist contains 38 top stocks, down from 40 last week. Select from this list of best stocks when bullish stock signals are generated and displayed on this site.
Caution is advised for long positions during the upcoming trading week.
The downtrend continues, here are some signs to identify safer market conditions for buying stocks.
All 3 major indexes ETFs the DIA, SPY, and QQQ continued their downward move this week and again on increasing volume.
Despite the occasional rocketing higher on daily charts, the overall trend is still down.
Big institutions show their conviction to the market by leaving evidence on stock charts.
Increasing volume on up days shows bullish conviction, increasing volume on down days shows bearish conviction.
For less risk in your trading, you should follow the big money.
Notice I didn’t say “smart” money because no one really knows what’s going to happen.
Watch this video to be aware of evidence to indicate which price direction is more likely in the future.
However, no matter what the market is doing it is important to stay in touch with the leading stocks for profitable swing trading opportunities.
Every week the updated and published stock watchlist contains stocks screened for strict fundamental and technical screening filters including:
- Superb Fundamentals
- Exceptional Earnings
- Increasing Earnings Projections
- Bullish Chart Patterns
- Sales Growth Above 10%/year
- Market Capitalization Above $1B
- Average Daily Trading Volume Above 250,000 Shares
These criteria find the best opportunities in investable stocks combined with superior resistance to broader market declines.
Click here to view fresh stock signals from this stock watchlist and stock signals from the broader market.
File downloads are available here:
- Open an Excel Spreadsheet of this weeks Top Stocks
- Download a PDF file of this weeks Top Stocks
Before entering new positions it helps to know about market action. You can view weekly market timing videos here: https://profitableswingtrading.com
Here is a preview of the top 20 or so stocks, view the entire list from the above links:
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