Today is a good example of how important it is to work off of a strong list of stocks. Yesterday the S&P 500 had the best percentage gain it has had in a number of years, posting a 2.92% gain. While that's a great gain for the average stock today, it's not so hot when compared to my focus list; 87 of the 100 stocks on the list posted a 3% gain or higher. In fact, 47 out of 100 posted gains of 5% or more.
Trading from a list that beats the market greatly increases your odds of beating the market. That's why I spend so much time scrutinizing my watchlists. You've heard me say many times that I am not a stickler for precise entries and exits. However, I am obsessive about the stocks I trade.
Here are yesterday's top 25 performers from my focus list: