I trade leadership stocks from Investors Business Daily; My favorite setup is a leader that has dropped to the 200 DMA; my favorite signal is the cross of the MACD histogram over zero. Have also been tracking leadership stocks @50DMA.
John McLaughlin, StockCoach -
Day Trader (Day Trading Stocks) - Consultant / COACH -
Helping Investor, Swing Trader, and Day Trader LOSERS become profitable WINNERS – Income Potential: $300K+ a year - Dare to Become a Milloinaire !