If you haven't made any progress in the past week or so, it would be a good time to review the universe of stocks you are tracking. I consider this one of the most important factors in trading.
One of my biggest breakthroughs in swing trading came when I finally understood that an uptrend is not equal to momentum. Momentum, for me, means kinetic energy expressed through different character, resilience, dense volume, and various combinations of the above.
Another breakthrough came when I reviewed the best performers of prior years. A significant majority of them made enormous moves without any, or without great, fundamentals. That led me to:
Price > Theme > Fundamentals, with different weights depending on the phase of the individual stock and the market period.
Remember, even two people working operating the same foundation can have completely different views on what is dynamic and worth paying attention to. This results in vastly different outcomes over time, driven by the distinct watchlists they build and the actions they take.
Build your selection process and your parameters based on commonalities among the best performing names, and youโll be surprised by how much better you step into the collective and position yourself for asymmetry with less effort.
$OKLO, $MVST, $AEVA, $SMR, $QUBT, $NVTS, $APLD, $KWM, $BTM, and many more.
$TSLA
Largest position for me, heavy in $TSLL. Been holding since below 200ma consolidation. Tesla is my favorite swing stock, makes big moves when it trends.
Elon back spending significant time there.
Robotaxi launch next month.
Optimus on the horizon.
Plenty of catalysts