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.  

• In this report, we update the Focus List for the Week of October 29 through November 2, 2018.  
• Leading stocks have an underlying strong bias based on their Relative Performance and Momentum.  Pullbacks and consolidations often set up for prices moving higher.
• However, be wary of leaders breaking below their 50-day moving averages or key support zones on heavy volume/down days, they could be losing their upside bias.
• Focus on quality technical set-ups among our Leaders to find the best low-risk opportunities to trade.  Most leaders should be avoided as a Short unless there is an obvious sign of weakness like a False Breakout along resistance or an aggressive breakdown below key support or the 50-day moving average, during broader market distribution weeks.
• Stocks that are "deleted" from our Top 50 also should not be ignored. Often they are just undergoing a longer-period of consolidation that is setting them up for another leg higher.  It is not uncommon to see them rejoin the rankings a week or two later when they re-emerge with strength.

New to the service or have a specific question regarding Liquid Momentum?  Please see our User's Guide for an overview of the system as well as answers to commonly asked questions.  You can also write feedback to us by emailing liquidmomentum@briefing.com.

• Slim pickings among our leaders as the broader market succumbs to an aggressive distribution here in October.  Nonetheless, these stocks remain among the strongest performers and therefore should be monitored as they challenge key support zones like 200-day moving averages and prior support zones.  

HELPFUL TIPS:

• Note that "leaders" by their very nature of being the strongest performers among peers will have a "higher probability" of being defended on dips.  Over the years, we've noticed that majority of our leaders will often respond very well to the basic of technical indicators like moving averages, trend lines and support zones.  In many cases, we've also witnessed solid responses to "oversold" conditions represented by RSI, Stochastics, and Bollinger Bands as well, as Momentum indicators like a MACD.  
• If you're more bearish on this market, best to focus on "laggards" among our Top 50, especially those showing waning Relative Strength (relative weakness) with price breaking below key moving averages and prior support levels.  

A webinar discussing Swing Trading Leading Stocks in Leading Sectors was recorded on Thursday, February 13, 2014 and can be view through this link here. 

 *For an un-formatted list of Liquid Momentum tickers to import into your software, click here.

Additions:  AGN, AMT, AMZN, BRK.B, CHTR, CRM, DUK, EW, INTU, JNJ, KSS, MA, MCD, MO, PG, PX, PYPL, SQ, ULTA, V

 Deletions: AMGN, APC, CGC, COP, CRON, CSX, CVS, DHR, EOG, FANG, FTV, HES, LOW, MPC, PGR, PSX, SYK, TLRY, WP, ZTS

• Lead Technical Analyst: Scott Smith, CMT

The Liquid Momentum report can be found on the Investing & Trading menu. To read past reports, click here to access the Archive. Our User's Guide provides an overview of the system as well as answers to many commonly asked questions. On Live In Play, all of the Liquid Momentum context can be searched for, and have alerts generated by, the "LQDXX" ticker.  Comments or suggestions can be emailed to liquidmomentum@briefing.com.