The FOMO is undeniable – it is best seen every day in the final minutes of trading. 

The buyers suddenly go into hyper-ventilating mode, and the bulls run the table, out of fear they will miss out on another gap higher. I really don’t know how long this can go on for, I trade off of what the charts are telling me, and while it has finally broken out and through some major resistance levels, I also know that getting incredibly long at this stage of the rally opens you up to a mass amount of risk. 

join the swing trading splash zone

I’ve put together a list of stocks below that still have potential trade setups to them. As I am writing this though, Adobe (ADBE) is blowing up. Which stinks, because I was looking for an entry on $281, but that is obviously not happening. 

I think the airlines could run higher, so keep an eye on American Airlines (AAL) and Southwest (LUV). As always, manage the risk. Just because we are seeing a huge move out of equities here, doesn’t mean you avoid managing the risk, because you’re seeing dollar signs. 

Take a look at the bullish watch-list:

bullish watch list 11 4

 

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