This Week's Stocks to Watch

06/11/2014 7:00 am EST

Focus: STOCKS

Ryan Mallory

Contributor, Share Planner

Ryan Mallory of SharePlanner.com shares some of the stocks on his current long watch list.

The list is definitely a lot smaller than what we have seen in recent weeks. Much of that has to do with the S&P 500 having rallied 11 of the last 13 trading sessions. When that happens, stocks are going to become over-extended and much less attractive as a long prospect.

Here's the weekly bullish list of trade setups:

chart
Click to Enlarge

So that which is remaining are those stocks that are currently on the verge of breaking out, or the ones that have just started to breakout, but a pullback under current market conditions, back to their breakout level would make for an ideal entry into the stock.

By Ryan Mallory, Founder, SharePlanner.com

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