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.
