Swing Trading with TradingMarkets Stock List
for Wednesday includes a number of financials that have continued
to sell-off below the 200-day moving average. Also making
Wednesday's list are outperformers in growth stocks like Amazon.com
and Netflix (more on both stocks below).
In merger and acquisition news,
Internat Paper Co
) has finally won out in its bid to acquire
Temple Inland Inc
) in a deal valued at more than $4 billion. And still trading lower
after the U.S. Justice Department challenged its proposed
aquisition of T-Mobile is
Remember, you can still get a free copy of Short Term Trading
Strategies That Work: A Quantified Guide to Trading Stocks and
ETFs by TradingMarkets founder and CEO, Larry Connors.
to learn more.
Here are 7 Stocks You Need to Know for
What's up on a down day? Stocks like
) climbed by more than 2% ahead of trading on Wednesday. Of the
two, shares of Amazon.com are trading above their 200-day moving
average, and have rallied to a new 10-day closing high in the wake
of a two-day pullback.
Lagging somewhat among the growth names are stocks like
) . Shares of LNKD have closed lower for four days in a row, while
CRM ended trading on Tuesday down for a third consecutive
New to Swing Trading? Read our primer,
What is Swing Trading?
Plunging by more than 3% below the 200-day are financial stocks
JPMorgan Chase and Co.
Bank Of America Corp
) . Persistent selling in these stocks has reduced them to severely
But the most aggressive selling in the S&P 500 came in the
market for shares of
Sprint Nextel Corp
) . The stock fell by more than 4% ahead of trading on Wednesday
and has been trading below its 200-day moving average since late
The Stock List:
7 Stocks You Need to Know
delivered to your inbox every evening after the market closes.
to start your free subscription
is Editor in Chief of TradingMarkets.com