Quite the chop-fest today in the markets, but overall, the bears just can seem to slow down the bulls from pushing this market higher, and now that we are staring at fresh recovery highs, the bulls couldn't be happier.
I will say this though, anytime I see us rally 6, 7, 8 days in a row, I do get a bit nervous about adding more positions to my portfolio. That's because I know that we are nearing some form of profit taking the short-term to, at the very least, cool these markets off and give it a a breather of sorts. And when that happens, then you pounce on a whole new set of long opportunities.
So use this list of stocks below for such a time, and add them to your watch-list so you have a wide range of opportunities to choose from once we do pullback a bit.
Here's 8 stocks gaining momentum.
Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida with a wife of seven years as well as one lively son. More >>
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