As You know, recently the market has been acting a bit more sluggish, prone to more weakness, and my own personal indicators (which I do publish on the site) projecting a new wave of weakness too. I'm more concerned than I have been of late to make sure that I'm not over extended to the long side and that any position that I do take on, shows an ability to buck the market trend should it move lower.
Below is a list of stocks that I consider nice defensive plays, and while some of them have great growth stories to them, what I am looking for is opportunities that won't overexpose you to large losses should the market move lower.
Here's my 14 Defensive Stock Plays.
Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida with a wife of seven years as well as one lively son. More >>
Get Ryan's Top Six Trade Setups for Profitable Trading eBook for Free!