I have just finished leg-work involved in selecting my weekly stock picks. 18 stocks made the first cut and 7 have made the 2nd cut. From this list, I will pick 2 stocks and post my entry, exit, & stop-loss criteria on TradersCue. For those of you who are interested follow the link at the top of the blog to register for my weekly picks or Click Here.

Only subscribers gain access to the finalists but here is a list of the 11 stocks that made the first, but not the second cut. Just because I won’t be trading them this week doesn’t mean that money cannot be made from them (as something had to catch my eye in the first place for them to make the first cut). It is just that I will be focusing my energy & capital on the other remaining 7 stocks.

The 11 First-cutters are:

ATVI
DE
ET
SCHW
STT
MRK
KBH
PPP
TIN
VMC
ZION

I would be looking to trade all of the above to the short-side this week except for MRK which is setting up a long setup on the Monthly charts. PPP looks Long Monthly & Short Daily which is why it didn’t make the 2nd cut… as I need to make a definitive call one way or another by tomorrow and need more info before jumping into a position with that one.

I’ll be selecting my 2 weekly swing picks tomorrow and will send out the alert by Monday morning at the very latest as I have just a little more research to do.