So maybe Mr. Market will show me some favor today with my good-hearted intentions to publish my long-watch-list despite my ultra-bearish tendencies toward the market. As it stands right now, the market has reached new highs on the day, and has since sold off about a half percent – I’ll take what I can get at this point.
The basis for me adding a stock to my watch-list falls under one of three conditions:
1) Price and volume pattern offers a promising entry with a low-risk/high reward opportunity
2) Stock has already seen a significant rally in recent days or weeks, but still remains on the list for a possible entry on a light-volume pullback.
3) Stock is one of intrigue to me that I just like to keep around, in case there is a setup that arises, that is too good to pass up.
Those stocks highlighted in yellow represent carry overs from the previously published watch-list.
Here are the 33 Long Setups.
