Sectors to watch:

I feel like this is partially always evolving as to what is trending and/or volatile at the moment, or personal preference as to what you like to trade.  Some stocks you trade often enough that you get familiar with them and have a greater confidence for understanding their average movement.  Below is a snapshot of my scanning grid that I have set up to review my specific watchlists (all within TD Ameritrade that I utilize largely for charting and for one of my accounts).

If the market is struggling, ripping or range bound, it may or may not make your particular play easy to see follow through, so I am always aware of what the market is doing.    Currently, my top watchlists are the following:

  • IU Daily
  • Tech
  • Retail

having “go-to” stocks with generally large range and that you are familiar with is key, in my opinion.  I often find myself looking to scalp the range in some of the tech names just because they provide such great opportunities.