Swing Trading Stock Watchlist for Week Of September 6 – TradeThatSwing

No stock trading on Sept. 5. It is a US and Canadian holiday.

Overall stock market health is poor. I created a watchlist this week mainly to see how many stocks were forming quality contraction or cup and handle patterns. There still aren’t many. If taking trades in this environment, I am using smaller than normal position sizes. I don’t want much of my capital exposed when most stocks are falling.

Here is the current market health outlook.

Swing Trading Stock Watchlist

Here are the scan criteria used this week.

swing trading scanning criteria for US stocks
swing trading scanning criteria for Canadian stocks

137 stocks met the criteria in the US, and 27 stocks on the Canadian side. They were manually filtered to those below.

Canadian:

CJ.TO – needs to move up and consolidate

US:

CYTK – Nice. More consolidation would be nice to see.

ENPH – needs to move up and consolidate

JAKK – needs to move up and consolidate

MERC – needs to consolidate

MMYT – needs a bit more time to contract and consolidate

XENE – needs to consolidate

As a reminder, there is also the Best Swing Trading Stocks List, which pairs well with the TATR strategy. There are additional trading opportunities there.

Here’s a quick 4-minute video run down of what I am looking at in these stocks.

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The Passive Stock Investing Using ETFs eBook is now available! Follow the guide to compound money in the background—in good market conditions and bad—with little effort, even while swing trading and day trading.

By Cory Mitchell, CMT

Disclaimer: Nothing in this article is personal investment advice, or advice to buy or sell anything. Trading is risky and can result in substantial losses, even more than deposited if using leverage.

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