As I try to do every week, below you will find my current watch-list for short setups. I keep a Long Setup Watch List (which I will be posting tomorrow night) and a Short Setup Watch List, which you will find below, at all times to provide me with the flexibility to “flip-the-switch” should the market make a definitive change in direction that causes me to change my outlook of the broader market. Below you will find 46 trade setups, which is 30 more than what I posted last time. Most of these stocks are ready to be shorted, which means the risk-reward is favorable and the stocks have clear technical price patterns that a breakdown is underway in the stock.

I actually shorted one of the stocks on the list below – (ABMD) at 9.66 today, and has done quite well for me as it closed the day at 9.22. It reports earnings tomorrow, which I am not overly crazy about, but I do have some cushion, in the form of profits to play with, should the earnings send this stock higher.

Other stocks on this list that I currently am shorting include BEZ, SYK and NATI.

One stock that I really like more than any other tomorrow is EGOV.

I’ve posted the stop-loss next to each symbol to help you with the risk management side of the trade.

Enjoy!

Here’s My Current Short Watch-List.

Universal Travel Group (UTA) – 9.57
United Therapeutics (UTHR) – 57.90
Superior Well Services (SWSI) – 16.17
ASML Hldgs (ASML) – 33.01
Alcoa (AA) – 13.93
Jabil Circuit (JBL) – 16.45
Scholastic Corp (SCHL) – 29.13
Netease.com (NTES) – 36.41
Teletech (TTEC) – 17.10
Goldman Craps (GS) – 157.25

Click Here for the remaining 36 Short Setups.

Autoliv (ALV) – 55.30
Baldor Electric (BEZ) – 40.15
Emerson Electric (EMR) – 53.90
Live Nation Entertainment (LYV) – 15.99
National Cinemedia (NCMI) – 21.07
Nu Skin Enterprises (NUS) – 32.55
Stryker (SYK) – 60.50
Torchmark (TMK) – 56.92
National Instruments (NATI) – 35.21
Proctor Gamble (PG) – 65.40
Compass Minerals International (CMP) – 81.45
Automatic Data Processing (ADP) – 45.90
Solera Holdings (SLH) – 40.63
Companhia Paranaense (ELP) – 21.45
Penn Va Resource Partners (PVR) – 25.70
HOLDRS Pharaceutical (PPH) – 65.75
iShares S&P Global Infrastructure (IGF) – 34.33
SPDRs Consumer Staples (XLP) – 28.31
Nic Inc (EGOV) – 7.56
Ebix (EBIX) – 17.50
US Airways Group (LCC) – 7.82
American Tower (AMT) – 43.50
Mastec (MTZ) – 13.35
Conagra Foods (CAG) – 25.51
Exelixis (EXEL) – 6.67
Healthcare Services Group (HCSG) – 22.90
Nuvasive (NUVA) – 45.10
Varian Medical Systems (VAR) – 59.82
Cameco (CCJ) – 26.65
Abiomed (ABMD) – 10.15
Accenture (ACN) – 44.79
Plains All Amer Pipeline (PAA) – 58.50
MetLife (MET.B) – 24.33
American Public Education (APEI) – 47.95
Buckeye Partners (BPL) – 64.90
Boardwalk Pipeline Partners (BWP) – 30.15

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