Leaderboard

Do you ever buy and hold or set longer stops for the stocks in the leaderboard?

I always use a 5% stop loss upon entry. If I have a cushion like with PANW I will use the low of the day as a stop. I do not want my stocks making new lows. If it fills a gap and reverses then I can always buy it back.

Do you prioritize those names over the other names?

Yes! I like to buy liquid stocks that are leaders in their industry groups. Those 20 stocks are not the only leaders and there are more industry groups. But, I needed to draw a line somewhere. If/when the market improves the stocks on my weekend list will grow. I am still not completely sold on this recovery. But, the past six sessions have been encouraging.

Regards,

Marty