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Focus List for the Week of November 6, 2017
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 candidates. - In this report, we update the Focus List for the Week of November 6 through Nov 10, 2017.
- 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, always be wary of leaders breaking below their 50-day moving averages (and 20-day ma if its over-extended above the 50-ma) or key support zones on heavy volume/down days.
- Focus on quality technical set-ups among our Leaders to find the best low-risk opportunities to trade. Most of them should not be Shorted 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.
- Stocks that are "deleted" from our Top 50 should not be ignored. Often they are just undergoing a longer-period of consolidation that is setting them up for another leg higher.
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.
The charts below show some significant developments among some of our leaders from potential breakouts from narrow ranges to post-breakout pullbacks to key support zones. Also note that sometimes, just as a name gets "deleted" from our Focus List, it has gone through a recent pullback/consolidation that has it set up for another leg higher. Only if it is under heavy distribution/breaking below key support, should it be a concern. 
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.
- Also take note that just because a name is "Deleted" from our Focus list, doesn't mean it's necessarily lost its leadership potential. In some cases, the stock is still in a consolidation/pullback phase gearing up for a new leg higher off a key support zone or moving average.
- 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.
A webinar discussing My Favorite Patterns for Earnings Season was recorded on April 17, 2013 and can be viewed through this link here.
With equity markets always in motion and leadership rotating from one group to another, this list is designed to help active Day and Swing traders stay on top of the highest-quality trading 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 other data points. An updated list is published each Monday, along with charts and commentary throughout the week highlighting the most compelling set-ups and patterns.
*For an un-formatted list of Liquid Momentum tickers to import into your software, click here. ADDITIONS: AMZN, AVGO, BABA, FB, GOOG, HUM, JUNO, LYB, MSFT, SWKS, VLO, WB, WDAY Deletions: BIDU, C, CME, CMI, DLTR, FDX, ITW, JPM, PX, RCL, SHOP, TMO, VFC
| Liquid Momentum Rankings: Week of November 6, 2017 |
| Rank |
Ticker |
Recent Price |
Industry |
RS Rank |
ATR |
ATR/ Price |
Float (mln) |
Short Interest |
Avg Daily Vol (mln) |
Report Date (Estimated) |
| 1 |
AMZN |
$1,122.06 |
Internet Retail |
|
25.66 |
2% |
402 |
1% |
3.386 |
02/01/2018 |
| 2 |
BABA |
$187.98 |
Internet Retail |
|
4.78 |
3% |
2,538 |
5% |
17.815 |
01/24/2018 |
| 3 |
NVDA |
$208.71 |
Semiconductors |
|
4.31 |
2% |
572 |
3% |
14.348 |
11/10/2017 |
| 4 |
FB |
$179.77 |
Internet Software/Services |
|
3.04 |
2% |
2,873 |
1% |
15.349 |
01/31/2018 |
| 5 |
MSFT |
$84.32 |
Packaged Software |
|
1.36 |
2% |
7,598 |
1% |
19.206 |
02/01/2018 |
| 6 |
MU |
$43.05 |
Semiconductors |
|
1.30 |
3% |
1,102 |
5% |
34.509 |
12/20/2017 |
| 7 |
NFLX |
$201.14 |
Cable/Satellite TV |
|
4.10 |
2% |
419 |
6% |
7.067 |
01/24/2018 |
| 8 |
GOOG |
$1,030.03 |
Internet Software/Services |
|
17.96 |
2% |
646 |
1% |
1.371 |
01/29/2018 |
| 9 |
BA |
$265.32 |
Aerospace & Defense |
|
4.65 |
2% |
595 |
1% |
3.299 |
01/24/2018 |
| 10 |
AVGO |
$273.02 |
Semiconductors |
|
7.47 |
3% |
404 |
1% |
3.035 |
12/07/2017 |
| 11 |
V |
$112.04 |
Finance/Rental/Leasing |
|
1.29 |
1% |
2,284 |
2% |
6.603 |
02/01/2018 |
| 12 |
ABBV |
$92.70 |
Pharmaceuticals: Major |
|
3.02 |
3% |
1,592 |
1% |
7.197 |
02/02/2018 |
| 13 |
UNH |
$212.76 |
Managed Health Care |
|
4.07 |
2% |
952 |
1% |
3.051 |
01/18/2018 |
| 14 |
PYPL |
$74.34 |
Data Processing Services |
|
1.47 |
2% |
1,131 |
2% |
7.886 |
01/25/2018 |
| 15 |
AMAT |
$55.98 |
Electronic Production Equipment |
|
1.15 |
2% |
1,064 |
1% |
9.848 |
11/16/2017 |
| 16 |
ADBE |
$180.90 |
Packaged Software |
|
4.54 |
3% |
491 |
1% |
2.798 |
12/14/2017 |
| 17 |
MA |
$150.14 |
Finance/Rental/Leasing |
|
1.96 |
1% |
946 |
1% |
3.403 |
02/01/2018 |
| 18 |
CAT |
$137.79 |
Trucks/Construction/Farm Machinery |
|
2.06 |
1% |
594 |
3% |
3.552 |
01/25/2018 |
| 19 |
LRCX |
$205.36 |
Electronic Production Equipment |
|
5.21 |
3% |
161 |
7% |
2.039 |
01/24/2018 |
| 20 |
TXN |
$97.98 |
Semiconductors |
|
1.43 |
1% |
983 |
1% |
4.103 |
01/23/2018 |
| 21 |
CRM |
$101.69 |
Packaged Software |
|
1.47 |
1% |
682 |
3% |
3.841 |
11/22/2017 |
| 22 |
AET |
$176.94 |
Managed Health Care |
|
5.71 |
3% |
325 |
1% |
2.179 |
01/31/2018 |
| 23 |
ANTM |
$216.79 |
Managed Health Care |
|
5.35 |
2% |
256 |
3% |
1.760 |
01/24/2018 |
| 24 |
AXP |
$96.24 |
Financial Conglomerates |
|
1.23 |
1% |
866 |
2% |
3.184 |
01/18/2018 |
| 25 |
VLO |
$81.51 |
Oil Refining/Marketing |
|
1.20 |
1% |
440 |
5% |
3.817 |
01/30/2018 |
| 26 |
DE |
$135.38 |
Trucks/Construction/Farm Machinery |
|
1.64 |
1% |
319 |
4% |
2.118 |
11/22/2017 |
| 27 |
STZ |
$215.82 |
Beverages: Alcoholic |
|
2.79 |
1% |
188 |
3% |
1.281 |
01/04/2018 |
| 28 |
CI |
$204.56 |
Managed Health Care |
|
4.10 |
2% |
240 |
1% |
1.343 |
02/01/2018 |
| 29 |
MAR |
$122.28 |
Hotels/Resorts/Cruiselines |
|
1.64 |
1% |
314 |
5% |
2.141 |
11/08/2017 |
| 30 |
LYB |
$106.79 |
Chemicals: Specialty |
|
2.53 |
2% |
310 |
4% |
2.452 |
02/02/2018 |
| 31 |
WYNN |
$152.28 |
Casinos/Gaming |
|
3.26 |
2% |
80 |
6% |
1.721 |
02/01/2018 |
| 32 |
HUM |
$254.65 |
Managed Health Care |
|
5.15 |
2% |
144 |
3% |
0.992 |
11/08/2017 |
| 33 |
Q |
$108.90 |
Services to the Health Industry |
|
2.05 |
2% |
160 |
4% |
2.306 |
02/13/2018 |
| 34 |
ADSK |
$123.69 |
Packaged Software |
|
2.12 |
2% |
218 |
2% |
1.805 |
11/23/2017 |
| 35 |
ALNY |
$129.66 |
Biotechnology |
|
6.16 |
5% |
80 |
8% |
1.577 |
11/08/2017 |
| 36 |
URI |
$146.83 |
Finance/Rental/Leasing |
|
3.69 |
3% |
84 |
7% |
1.424 |
01/24/2018 |
| 37 |
VMW |
$119.54 |
Information Technology Services |
|
1.40 |
1% |
372 |
33% |
1.753 |
11/30/2017 |
| 38 |
ADI |
$91.91 |
Semiconductors |
|
1.30 |
1% |
366 |
2% |
2.188 |
11/21/2017 |
| 39 |
JUNO |
$56.45 |
Biotechnology |
|
3.40 |
6% |
84 |
10% |
3.407 |
02/27/2018 |
| 40 |
RHT |
$121.16 |
Packaged Software |
|
1.51 |
1% |
176 |
2% |
1.599 |
12/21/2017 |
| 41 |
INTU |
$152.61 |
Packaged Software |
|
2.05 |
1% |
242 |
1% |
1.256 |
11/21/2017 |
| 42 |
WDAY |
$108.92 |
Information Technology Services |
|
2.54 |
2% |
207 |
11% |
1.699 |
11/27/2017 |
| 43 |
AA |
$47.63 |
Aluminum |
|
1.43 |
3% |
185 |
3% |
3.853 |
01/17/2018 |
| 44 |
SWKS |
$116.08 |
Semiconductors |
|
2.82 |
2% |
183 |
5% |
1.630 |
11/07/2017 |
| 45 |
CNC |
$95.58 |
Managed Health Care |
|
3.09 |
3% |
166 |
3% |
1.849 |
02/06/2018 |
| 46 |
ALB |
$140.97 |
Chemicals: Specialty |
|
2.74 |
2% |
110 |
7% |
1.259 |
11/09/2017 |
| 47 |
WB |
$98.89 |
Internet Software/Services |
|
3.45 |
3% |
109 |
6% |
1.849 |
11/07/2017 |
| 48 |
NOW |
$124.73 |
Information Technology Services |
|
3.49 |
3% |
166 |
7% |
1.295 |
01/31/2018 |
| 49 |
MCHP |
$94.54 |
Semiconductors |
|
1.64 |
2% |
228 |
13% |
1.741 |
11/07/2017 |
| 50 |
XLNX |
$73.93 |
Semiconductors |
|
1.39 |
2% |
250 |
6% |
2.216 |
01/17/2018 |
- 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.
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