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8 Stocks That Are Gaining Momentum



March 14, 2011 – Comments (0) | RELATED TICKERS: BTU , TNP , NBL

I always love running contrarian screens to the day's market action, because it helps isolate some of those stocks that are bucking the trend in a strong manner, and with today's sell-off, if we see a dead-cat bounce of any kind, these are the stocks that are likely to lead the way higher.

This is similar to its sister-screen that I call "Stocks That Are Breaking Down" (but just the exact opposite). A lot of these stocks are positioned for breakouts in the near future. If you are a momentum trader, you have to take a look at the charts of each of these stocks listed below. Each of the stocks below were hand-picked from a list of screen returns of more than 100 stocks/ETF's. These are the ones that I would consider the best of the best from those returns.

Here are the 8 Stocks That Are Gaining Momentum.

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