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My Watch-List Heading Into Next Week
I always keep an active long and short watch-list and I add and subtract from it each day. I think it is an absolutely essential element to successful trading and reviewing those names which are on the list regularly.
To the right I have posted my watch-list heading into next week, and there are already a few of them that I am already long in such as Tata Motors (TTM) at $25.50, Groupon (GRPN) at $4.88, and Wynn Resorts (WYNN) at $115.42. I’d expect anywhere from 3-4 more long positions to be taken from this list and added to my portfolio next week as well.
Ryan Mallory is the co-founder of SharePlanner Inc, a financial website devoted to Day-Trading, Swing-Trading (both long & short) and exchange-traded funds. Ryan makes a strong emphasis on risk mitigation strategies, trading transparency, and trader education – not to mention a great set of stock screens as well.
Be Sure to Check out Ryan’s Site at Shareplanner.com
2012-09-29 09:01:13
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