This long setup watch-list is looking more and more prudent by the day as the bulls are determined to push this market higher in the short-term. Remember, you’re not going to like every trade setup or see a trade in every symbol listed below. This is my personal watch-list and there are typically three reasons
Outside of Linn Energy (LINE), the SPDR Dow 30 (DIA) is my largest position in the portfolio right now. Pretty good setup with a solid risk-reward opportunity at hand. I shorted this stock with with the idea that today’s market just seemed too manufactured and unsustainable. Also, I have a hard time letting a weak
Same as Part 1 and Part 2…Rationales for why I have each of these stocks on the list, and even though I don’t explain my rationale for each one (I’d be forever typing out this post if I did), I can break them down into three categories; 1) Price and volume pattern is intriguing 2)
Alright folks here is part two – with part three coming shortly thereafter. I’ll say it again…there are lots of different rationales for why I have each of these stocks on the list, and even though I don’t explain my rationale for each one (I’d be forever typing out this post if I did), I
Since the last time I posted my watch-list it has nearly doubled in size. So much so, that I am breaking my short watch-list into three separate posts to be done throughout the trading day, today. As I always do, I updated the stop-loss for those that are carry-overs from last week, and provided you
Got into another short right at the close with Vodafone (VOD) at 19.62. The other position was SPDR Gold (GLD) which I went long in yesterday. It is at the cusp of breaking out, and should the markets continue to deteriorate, I believe that gold will be a ‘flight-to-safety’ play. However, I will say this,
Today was one of the more eventful days for me in the market in quite some time. Determined that any kind of bounce, no matter how big or how small, I would short it – and I did exactly that. I added 6 new positions today: 5 shorts and 1 long with the latter being
One of the great shorts of the past decade is back for more. I honestly have no idea how these guys are even in business - I have never heard of anyone actually owning any of their products or services. Go Figure!
Here’s my long-watch list right now, and as you can see it is dramatically smaller than the short-list that I am working off of – the main reason being that, the types of setups that I look for – High Reward/Low Risk – are slim pickings of late. But there are 24 long-setups with the
I’ve provided you with 4 stocks to short in addition to the 63 stocks I provided you with last night. Each of these stocks have some major downside action that lies ahead for them, and honestly expect a few of these to drop 20% or more in the coming months. For each stock, I have