There are 25 stocks I am paying close attention to here. 

The market is hitting massive, massive extremes, only eclipsed by the 2008 recession and the October 1987 stock market crash. The sell-off reached the same fervor as what was seen in December 2018 when that sell-off finally bottomed. 

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Here’s the T2108 chart:

t2108

Am I calling for a market bottom here? No, that’s not my business. My business is finding the best risk/reward sell-offs in conjunction with market and sector conditions, and the market has reached a point, even if only temporarily, where the sellers are very close if not already, flushed out. 

Doesn’t that mean I am all in here? Hell, no. I’ve added a couple of positions and still 90% cash. Tomorrow, if the rally wants to rally off of today’s lows today, sure I’ll add a little more to the portfolio here, but I’m not going to put a lot of faith in it, until some of the technical damage can be repaired. 

Right now, I am testing the waters with my pinky toe. 

Below are the stocks that I am looking for potential bounces off of significant support levels. I don’t expect to deviate much from this list. I’ve added two new positions to the portfolio, that haven’t done much yet, and simply treading water for me right now. 

With that said, here’s the bullish watch-list for this week:

bounce watch list 3 9

 

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