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Trading 101: How to Find the Top Momentum Stocks



Welcome to Episode #29 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

In this episode, Tracey is joined by David Bartosiak, Zacks Equity Strategist and Editor of the Momentum Trader and Home Run Investor services.

Momentum trading is one of the most exciting investment strategies out there. Traders love buying stocks that are trading near their 52-week highs.

But there’s more to momentum investing than just buying every stock topping out.

David shares his tips for finding the best momentum stocks including:

1. Buying when there is relative strength versus the market

2. Using the chart to find resistance, 52-week highs and trend lines

3. How to use the Zacks Rank to increase your odds of finding the best momentum stocks

Earnings season presents its own challenges. Should you buy a momentum stock into the number?

What about figuring out when momentum ends? David has a secret signal that tells him when to sell which you can use too.

David ran his screen and unearthed 5 momentum stocks for this week: Hasbro (HAS), Bank of California (BANC), Boston Scientific (BSX), Tile Shop (TTS) and Becton Dickinson (BDX).

When you become a momentum investor, you also begin to see patterns develop in the stock market.

Tracey and David discuss the trends these five stocks are predicting for the stock market. David even goes so far as saying that momentum stocks can predict an upcoming recession. Is that true?

With baseball season upon us, the Chicago Cubs and the Chicago White Sox are also thrown into the mix (what???).

Find out everything you ever wanted to know about how to pick the best momentum stocks on this week’s podcast.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
HASBRO INC (HAS): Free Stock Analysis Report
 
BANC OF CA INC (BANC): Free Stock Analysis Report
 
BOSTON SCIENTIF (BSX): Free Stock Analysis Report
 
TILE SHOP HLDGS (TTS): Free Stock Analysis Report
 
BECTON DICKINSO (BDX): Free Stock Analysis Report
 
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