Howard Lindzon's "Momentum Monday"
Each week, Howard Lindzon and Ivaylo Ivanov put together a recap of their favorite stocks and trading ideas. (Even Howard's dog, Lindsey, has a few tickers for us to consider!) But what's so great about these videos? Well, first off, they're all technically driven. And there's nothing I enjoy more than watching others scroll through a list of stocks and sharing their uncensored thoughts on each one. Maybe that sounds odd, but it's true. We all have our own opinions, but it's incredibly valuable to hear what others are saying and to keep an open mind.
Before we get started on the charts, I want to point out something that Howard mentions early in the video while discussing the decline in Q4 and subsequent rally we have seen from those lows: "There are periods where my strategy just does not work and you have to be really patient. The last 6-7 months have not been easy, just sitting on my hands." I believe this is a mindset that we, as investors and traders, should all take into consideration. Nothing works 100% of the time, and that's what makes all of this a never-ending game.
OK, on to the fun stuff.
The first group of stocks that Howard and Ivaylo mention is Software, which as we know, has shown incredibly Relative Strength so far in 2019. Further, this is a theme that he has talked about for a long time.
The Trade Desk (TTD)
Workday (WDAY)
ServiceNow (NOW)
Howard goes on to point out an important statistic, in that we have seen roughly 75 stocks in the Nasdaq reach their respective 52-week highs. Last summer, we were seeing 200+ names consistently hit new highs. Thus, the recent rally has been a little narrow when looking for individual names to trade.
In regards to China, Howard points out two charts, but admits he is still a little nervous about this space. I agree with his position, as the China Internet ETF (KWEB), has not yet regained its previous level of resistance. There is still some work to do here. Although, Tencent (TCEHY) does look a little more promising on its own.
China Internet (KWEB) 
Tencent (TCEHY)
As an opportunist, Howard said he saw the recent correction in Apple (AAPL) as a buying spot. The drop in price was solely based on the "China problem" and tariff talk, and not that something was fundamentally wrong with the company itself. And this seems to have been the proper sentiment to take, as Apple is now back above $165/share from a low of $142. Has the "war with China" been priced in?
Apple (AAPL)
Moving on to the Biotech arena, Ivaylo believes we could be on the verge of seeing Relative Strength in this area as well. However, we may not want to be buying the more commonly known "household" names. As a group, we want to see Biotechnology (IBB) get above this near-term level of $110/share, which is also the 200-day Moving Average. Longer-term, I think that as long as we stay above $100, it's a safe place to accumulate individual stocks.
Biotechnology (IBB)
So, what should we be looking at among the companies with smaller market capitalizations? One chart that was brought up for discussion from Ivaylo was Glaukos (GKOS).
Glaukos (GKOS)
A second stock that Howard brings up is Array BioPharma (ARRY). This is a stock I have been bullish on recently myself. As a company that isn't profitable, some may be skiddish to allocate money. But if the entire space as a whole is doing well, it's hard not to get involved in some of these individual names.
Array Biopharma (ARRY)
And what about the recent surge in Gold (GLD)? Is it finally time? Ivaylo says that he hasn't jumped in yet, but does view it as an area to keep a very close eye on. Given that we are seeing a possible change in trend after a 7-year downtrend, I tend to agree with this outlook here. Is it inflation? Is it political turmoil? Who knows. But it does seem as if there is a lot of money flowing into this space right now.
Gold (GLD)
On the theme of inflation and the ever-increasing cost of discretionary expenditures, what are they seeing in companies like Netflix (NFLX)? Howard says the recent correction of around 30% is actually a testament to the validity of the business model, as this name has seen much larger drawdowns in the past of 70-80%.
Netflix (NFLX)
In summary, Howard urges us to keep with "what is already working" and he feels like Software fits that bill. There are few out there with a better eye for momentum than Howard. On top of this, Howard wants to help others find these stocks as well, without sitting in front of a computer screen for 10+ hours each day. The Momentum 50 List, developed by Howard himself, is full of amazing charts and setups. This is perfect for those that don't really have the time. While keeping it straight-forward, the goal here isn't to simply "keep up" with the market. The idea is to create outsized returns against the broad indices. Ivaylo also offers insight and daily analysis for swing traders, another top-notch component of the value these two add for the everyday investor. These are trends that everyone can understand.