I actually have a few short positions amid all of my long setups
A couple of them actually are doing really well so far. Considering the market has ripped the life out of the bears the past few months, the fact that I have a short setup of any kind that is profitable is kind of amazing in itself. Back on 11/26 I shorted Nutrien (NTR) in the SharePlanner Trading Block and the stock is down a whopping 3.4% (?), which means I am in the green (remember I’m short). I initiated another one yesterday and so far, so good on that one too.
But I’d be no different than those other blowhards out there who only act like they have winners, so I won’t be that way. I have two other short positions that have seen rallies against my positions. But neither of them are really all that bad. The worst is Johnson Controls (JCI) which is about 2.5% against my position and not too far away from being stopped out.
But that kind of loss pales in comparison to the wins that are currently in my portfolio like Nuance (NUAN) up +13% or Uber Technologies (UBER) that is up a massive +24%
Okay – enough tooting my horn about the trades I’m making in TheTrading Block, check out the watch-list below and find for yourself some setups that might be to your liking for a swing-trade.
Take a look at the bearish watch-list for this week:
Welcome to Swing Trading the Stock Market Podcast!
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