My wife is a coupon clipping queen – a clever bargain hunter of the highest order. With her fine tuned sense she can spot a deal from a mile away, and she exercises patience and waits until the price is right. In trader speak, she lets the price come to her. Traders can learn something from such a mentality. How about developing a shopping list of stocks that you desire to buy when a sale arises?

The list may consist of strong fundamental companies, high dividend paying stocks, or those in the midst of strong trends. Over the coming weeks as the market grapples with international events and a bevy of other news you will likely see some of these stocks on sale. Compile a list of the stocks you want and you’ll be ready to strike once the market finally does establish some type of bottom.

One of the darlings in the tech space which accounts for a large percentage of the Nasdaq 100 is Apple (NASDAQ: AAPL). It sold down this week but given the dominance of AAPL in the tech space, it deserves a top spot in your list.  In its current position AAPL looks vulnerable and will likely experience more selling pressure over the coming weeks. However, since its bear market lows in early 2009 every correction eventually setup a stellar AAPL buying opportunity.

Apple Stock (NASDAQ: AAPL)

Source:  MachTrader

It is interesting that market corrections are hated so much by the masses, when they are loved by professionals. The difference is due in part to the fact that experienced traders know how to spot opportunities amid the turmoil. The development of a shopping list can help you to spot such opportunities and take advantage of the sales which crop up every once in awhile on Wall Street.

Follow Tyler Craig on Twitter@TylersTrading.