The breadth on this market is absolutely putrid. 

But that is the kind of lunacy we have seen in this market of late. Every index is trading higher, yet the bears still hold a 3:2 edge on declining issues over advancing ones. $VIX has tumbled off of its highs, because volume levels on $SPY is only 1/2 of what we saw Wednesday through Friday of last week.

Bulls will be quick to say that the market is going to rally and take out last week’s highs. Maybe it does, but I would also caution against misplaced optimism, as we saw plenty of counter rallies back in March when the market stock market was crashing. 

Below I have put together my watch-list of stocks for the week to the short side. I had to reduce it quite a bit due to the number of companies reporting earnings. No way in hell, I am going to hold a stock through earnings. 

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