Mike Webster: Swing Trading List

Buys from Mike Webster’s swing trading universe, which is deliberately loose: not a tight selection screen but the liquid pool of names that swing traders — investors who play moves lasting a few days to a few weeks — pick their setups from. A share qualifies if it costs at least 10 dollars, has traded at least 600,000 shares a day on average over the last 50 trading days, turned over at least 60 million dollars a day on average, ranks among the strongest 40 percent of the market on price strength, and among the strongest 70 percent over three and over six months. Only shares our own deep-dive analysis rates green are bought — yellow or no analysis at all is not enough. The check and any new purchase happen every trading day; a position is sold as soon as the price falls 15 percent below its highest level since purchase, the share drops off the list, or it is no longer rated green.

This portfolio buys shares.