Swing Trading Blog – Week in Review January 6, 2012

Swing Trading Blog – Swing Trading Boot Camp

Happy New Year!

Well the market started out the week on a good note as traders watch the market GAP UP after Mondays day off.

The big GAP UP was followed by three days of sideways trading.

Not much in the way of sector movement either but one sector is making new multi month highs.

The Homebuilders ETF (XHB) continues to move higher and is showing extreme relative strength.

(My Esignal charts are acting up so I will post them once they are back to normal).

There were a few stocks that sprung to life this week.

Keep $JAZZ $ATMI $MRVL $LULU $MDT and $M on your watch list for next week.

Watch for the market to breakout from this past 4 day consolidation period and have stocks on your list so you can act accordingly.

Until next week….Good Trading to YOU!


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