Down to 80 stocks that I am following on my short watch-list, which is quite a bit smaller then in week’s past. Which means, I’m only breaking up the watch list into two posts instead of three like I had been doing.

Here are the requirements for inclusion on this list:

1) Price and volume pattern is intriguing

2) Stock has been heavily sold-off in the recent days or weeks, but still remains on the list for a possible short off of a weak rally

3) Stock is one of intrigue to me, such as Goldman Sachs (GS), so I keep it around in the case that there is a setup that is too good to pass up.

Most of them right now fall under #1 as many of the stocks have very favorable short setups, currently. The stop-losses for ALL of the stocks have been updated. Don’t be a stranger if you have any questions. New additions to the list are highlighted in yellow.

Here are 40 Short Setups (Part 1).