US Breakout Stocks Watchlist - 13 July 2020
A big negative distribution day today, with stocks pushing higher early and then reversing and closing down strongly. My portfolio had an 8% range on the day. So was a big swing with many leaders reversing hard like TSLA. But one day does not make a trend and earnings season kicks off tomorrow. So be aware of your stocks earnings dates, as holding extended stocks into earnings is a big gamble. So make sure that you have a decent profit cushion of 8% more on any that you do hold through earnings.
For the watchlist from Mondays scans - ES, GILD, MRNA*, TFII, UBS, UNH, VXRT
*I added MRNA to my portfolio
Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.