We’re two days into this week, and so far it’s nothing like last week. 

Except for the volume – while it is certainly better than Wednesday and Friday’s reading, it is nothing close to what we saw on Monday and Tuesday of last week. And I’d be lying to you right now, if I said I had confidence in this market bounce, because I do not. What I do have confidence in is dead-cat bounces that can yield a quick profit before fizzling out and my guess is we are in one of those right now. I have two long positions and about 20% of my capital tied up in them. 

What would not surprise me is, considering this to be the last week of the trading month, is if the S&P 500 finished green on the month. Remember, it rallied to start the month, and if can close above 2711.74, you would actually have a positive return for the month. Right now, that is only 36 points away, so it is certainly possible. 

However, should things turn gloom and doom again between now and the end of the week, you are going to need some help, and I’ve put together some of my favorite short plays out there. 

Take a looksie!