• bullish watch-list 9-28-15

The bulls are nowhere to be found, and today’s selling is a bit downright scary. I came into today with 40% of my portfolio short on this market and I covered BID today at $32.48 (swing-trade) for a 6% gain. 

So now I am 30% short and  yes, I am in the quandary now where I know I’ve seen the market bounce multiple times, of late after a significant sell-off, but I also think that the sell-off just might be getting started, and real panic really hasn’t been seen just yet. As a result, leaving some exposure on the table but also curbing that existing exposure isn’t at all a bad idea at this point and will likely be what I do before the close today. 

Below I’ve put together my list of bullish stocks, and if you have been following me for any length of time, you know that is just about as small of a list as it gets. Typically, I hover somewhere around 80 or so stocks that I will include on this list, and this week it is just at 17. 

I wouldn’t try to catch today’s falling knife, that is a risk not worth taking. Instead, I would simply let this market play itself out and see where it ultimately decides to settle. When the bounce comes, if it has any legs to it, then it will provide some opportunity for going long on. 

Here’s the bullish watch-list:

bullish watch-list 9-28-15

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