Short Setup Watch-List for a Deteriorating Conditions Underlying This Stock Market

By Ryan Mallory| Published On: May 12, 2020| Categories: Watch-Lists|

Conditions are looking bad beneath the surface.

This market is rallying right now, mainly because of five stocks. Six if you want to throw Netflix (NFLX) in there too. These stocks have a huge sway on the overall market: Amazon (AMZN), Facebook (FB), Alphabet (GOOGL), Apple (AAPL) and Microsoft (MSFT).

Even with the market selling off today, these stocks are hardly seeing the affects of it. In fact, Apple (AAPL) is slightly up still on the day – and higher for eight straight days.

Until those break the market will not break. You also need to see some volume pour in on the selling, because we have yet to see SPY with above average volume since 3/25, and the market won’t sell-off without some bigger volume readings.

Below I’ve put my list of short setups together – check it out – some real gems there that have yet to take that next leg lower – take a look at them and see what suits your needs.

Here’s my watch-list of long setups I am following:

Disclaimer: The information provided on this website is for educational and informational purposes only. Ryan Mallory and/or SharePlanner are not licensed financial advisors, brokers, or tax professionals. The content on this site should not be considered as financial, investment, tax, or legal advice.

All information and opinions expressed herein are based on sources believed to be accurate and reliable. However, we make no representation or warranty as to their accuracy, completeness, or reliability. Any action you take upon the information on this website is strictly at your own risk.

Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. All investors should make their own decisions based on their specific investment objectives and financial circumstances.

This site may contain links to external websites that are not provided or maintained by or in any way affiliated with Ryan Mallory and/or SharePlanner. Please note that Ryan Mallory and/or SharePlanner do not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites.

By using this website, you agree that Ryan Mallory and/or SharePlanner and any affiliated parties are not responsible for any losses or damages resulting from your use of or reliance on the information provided.

It is strongly recommended that you consult with a qualified professional before making any financial decisions.