Bear Market

Hard to short at this level, when the market is this overbought There are tons of short setups out there, but you really need to pick and choose your opportunities. At this point, it is more likely we get a bounce out of this market that sees prices rally for a few days, rather than

Once SPX crossed 2650, I decided to start closing out my long positions. Three out of four of which were profitable. I added Boeing (BA) this morning but I had to quickly bail on that one too (my only un-profitable positions). 

The bulls are trying to bounce today, and they absolutely had to, if they were going to keep this market bounce going.  However, the 20-day moving average is still providing resistance, as of this post.  Should that MA clear, I think the bulls have a clear path back to the highs gain. The price action

If you haven’t noticed it lately, every time I post my list of short setups, the mood is never that uplifting.  That is because of all the things I do here at SharePlanner, nothing “feels” more like a waste of time, than putting this list together each week. 

Based off of what the SharePlanner Reversal Indicator suggests, price action should be strong into the year-end. 

If you glance at the indices, you wouldn’t realize the market is actually fairing poorly today.  Breadth is actually negative VIX is trading 3.5% higher The percentage of stocks trading above their 40-day moving average is declining.  Technology is trading lower Small Caps are in the red

How much more depressing can these bearish watch lists become?

Give it a few hours, the market will bounce right back up!  That’s the mentality of traders these days, and it is brutal from the standpoint of getting any real momentum to the downside. Today, just like we saw on October 25th, and again on November 2nd, 9th and today, we have the intraday sell-off

Never before has a bearish indicator meant so little to the market.  Considering how relentless this market has been on trading higher, the SharePlanner Reversal Indicator has done fairly well, relative to other indicators. Two out of the last four bearish signals on the indicator, has spurred on a small amount of selling thereafter. Nothing

I’m trying to get creative with my titles here, because there is little one can do with short setups of any kind.  Trying to put together a legitimate list of short setups to watch, is not an easy task either. In fact, the people I know that tend to short a lot of stocks in