If you follow the market sectors we can see that many of the sectors have enjoyed a strong end-of-year run up and some may be due for a pause. The two that we are watching closely now include XOP and XLE. Both are hovering around their 200 day moving average and signals are showing upward momentum now.
If you are looking for ideas on stocks that have not participated in the end-of-year run-up but may have potential upside, you may want to research Bristol-Myers Squibb, ticker BMY
What's new in 2024
In 2024 you can look forward to some new features on the site, including the ability to set alerts for your own portfolio of stocks. These won’t be the traditional "price level" alerts available on other sites and in your brokerage accounts, but rather alerts when your favorite stocks are entering a new uptrend or a new downtrend using the swingtraderedge.ai signals. Just a reminder that these signals are calibrated for longer term trends (several weeks or months) and are not suitable for day traders.
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