| Author | Message | ||
     Entrepreneur Kurra Bewarse Username: Entrepreneur Post Number: 3974 Registered: 05-2011 Posted From: 24.164.46.35 Rating: N/A |
Liquid Momentum is Briefing.com's proprietary Focus List for up to 50 of the most liquid, high Relative Strength stocks in the market that are ideal for Day and Swing trading high-quality names. It is generated from a proprietary algorithm that places heavy emphasis on superior Relative Strength versus the "all stocks universe," high Average True Range (ATR) values, and high Average Daily Volume, among a few other data points. An updated list is published by each Monday, along with some charts and commentary throughout the week highlighting the most compelling set-ups and patterns. Stock have been under pressure over the last week, but managed to stage a reversal of weakness by midday on Monday. This week's turnover wasn't as high as last week when volatility began to spike to the upside, knocking leaders out of their top spots while newer ones took on their role. Ford Motor Co (F) jumps onto the list at the #1 spot despite its recent -25% correction these last few days. Regardless, its relative strength over the last one-, three, and six months has been strong enough that it managed to fare better amongst other names in the ranks. The Daily chart montage below highlights the various Sector and Industry ETFs that comprise nearly all of the Top 50 holdings. Energy and Financials continue to dominate most of the list to some degree or another. Only one Technology (Semiconductor) remained on this week's update... Taiwan Semi Conductor (TSM) at the #6 rank. |