"Water shapes its course according to the nature of the ground over which it flows; the soldier works out his victory in relation to the foe whom he is facing. Therefore, just as water retains no constant shape, so in warfare there are no constant conditions."
Sun Tzu

Tuesday, January 15, 2008

Current Swing Trade Stocks

Since I would describe my approach as "Holistic Swing Trading", which tries to combine technical, fundamental and sentiment analysis, the stocks that I trade change frequently. I would like to have a story attached to the company, despite the short term nature of the swing trading approach.

So here are some of the stocks/themes that I currently have on my radar (I actually maintain a list of over
100 stocks for swing trading. I update that list during the weekends):

LONG Swing Trades

AAPL - if Steve Jobs presents something cool today, AAPL could be some nice momentum play for the two or so days

GENZ - Biotech play, pretty resilient in the current bear market. Diversified company protects against volatile price swings

CLRW - Clearwire, Wimax play. Speculation that Intel might invest or even take them over. Risky, so keep your stops tight.

APOL - "University of Phoenix". When employees get laid off in a shrinking economy, they start going back to school.

C - If the market reacts positive on the Q4 earnings report, the banks might have found a bottom. Cross fingers.

EDU - Teaching English to the Chinese.

GLD - Gold bullion. I'm waiting for a dip to get in.

SHORT Swing Trades

NILE - Negative reaction of the market on the (positive) earings pre-announcement on Monday. The Internet doesn't protect them from weak consumer spending.

AMD - They just lost the race against Intel. I'll get in after I see some short covering

F - They rely on Trucks. Not quite the place to be in the face of higher gas prices. Increasing competition (Toyota Tundra). IMO the worst of the big 3 automotive OEM's.

NFLX - let's see what Apple presents. Might get hammered if AAPL announces movie rental services

PHM - I would like to short others (HOV/BZH), but I can't get these stocks from my broker for shorting anymore. If one of them runs out of business (which will happen IMO), PHM will be pulled down as well.