Swing trade stock screens produced 102 charts with multiple buy signals as of the last two trading days of the past week. There were 116 charts with a second sell signal. That’s a virtual tie. Lot’s of signals on both sides, but a preponderance were in the context of rangebound noise, and therefore meaningless. Non-subscribers click here for access.
Last week wasn’t bad performance wise. Including two stopouts and 16 picks still open, the average gain was 5.6% on an average holding period of 19 calendar days, or less than 3 weeks. Non-subscribers click here for access.
The list had only one active short. The rest were buys. Non-subscribers click here for access.
There were too many signals this week to visually review all of the charts. I only added 2 picks on the buy side, and 3 shorts. If I had gone through all of the charts, there probably would have been a few more of each, but the list is big enough, so I stopped. Non-subscribers click here for access.