I am cautious about adding any short positions to my portfolio at this juncture. 

Yes, we have rallied 120 points off of SPX’s lows, but it also comes on the heals of a potential double bottom, and after two months of heavy selling. When you get these kinds of reversals, they usually mark a very significant bottom, for the months to come that allows for the bulls to rally from and push the market even higher. 

Unless something notably changes with this market that brings about new technical damage to the indices, I am going to hold off adding any new short positions to the portfolio. 

But if I were to add some short positions….well… they’d come from the list below:

Here’s the bearish watch-list:

bearish watch-list 10-6-15

    You are unauthorized to view this page.

You Might Like

  • Learn to trade within your means.

    Stop Trying to Hit Home Runs: Start Trading Within Your Means

  • Avoiding traps on stock breakout plays.

    How to Trade Breakouts Without Getting Trapped

  • how to manage your swing trades when it comes to headline risk.

    Managing Headline Risk: How to Survive the News Cycle Without Losing Your Mind