Swing Watch List Update

Well, as you know, this week has been tough on swing traders. Today's intraday moves along took out a lot of swinger unless you maybe were in U.S. based energy, coal, or a few other not-so-hit sectors. On that note, let's clean up the watch list and get a few new stocks to watch added.

The stocks that have finished their round (buy on swing then stopped out): Please note - these are not my actual trades... they are purely setups with stops and estimated gains based on those entries and exits.

• ACAS - Nice 10% return on a swing from 2/9 - 2/22
• NCT - Another 10% winner on swing from 2/14 - 2/22
• GS - We got hit for 2% loss here on gap down Tuesday
• C - 1.6% loss on weak banking stocks on Monday
• MON - 3.3% loss on Monday - Careful here if you're still watching it... struggling with SMA50
• ORCL - 1.6% loss on Monday. Nice job holding sma50 today. I'll keep an eye on this for possible reentry
• OXY - 6.7% return on swing from 2/14 - 2/22
• SPWRA - The solars went on a great run - 11.5% gain from 2/14 - 2/23
• STP - Same story - 16% gain from 2/14 - 2/22
• ES - stopped out on Monday for pretty much a break even trade. However, it's back on watch for move above 6.75
• IO - Huge winner. Stopped out today with 22% gains
• AINV - stopped out for break even on Tuesday
• AKRX - another break even stop out.
• BSX - Good returns of 5% booked on Tuesday. Still worth watching.. will it hold SMA100
• GLBL - Stopped out Tuesday for break even. NOTE: I jumped back in it today
• AMRN - Took a 2.3% loss on Tuesday exit.
• MS - Another financial stock that took a hit Tuesday for 1.7% stop loss.
• CPN - 1.6% loss on stop out today
• NVE - stopped out today for break even - Watch for SMA50 pullback support

There are still two stocks surviving on the swing list:

• CLR and EGY

New additions:

• ES - nice momentum stock. Long over 6.75 resistance.
• ONNN - Semis have been getting hammered lately, but with the nice bounce off sma50, it's worth a possible look over sma20.
• VG - Nice bounce off SMA50 today. Let's see if it can get through sma
• CYTR over .96
• KAZ over 1.04 - watching horizontal resistance at these levels.
• WNR over 16. Nice bounce off SMA20 today, so I'm looking to see if it resumes its uptrend.
• GKK over 5.37
• HUN nicely organized uptrend. Let's get it over 17.5 for possible swing.

View List (also in left column on the Swing Corner page).