• bullish watch-list 4-7-14

Obviously the market is in free fall over the past two days…literally. There has been zero bounce as of yet, though it will come. It is just a matter of when and how much. And don’t think that just because the market is bouncing that somehow everything is fine and dandy again. Wait for the market to confirm it. It always finds a way to do that somehow.

However, if the market does improve enough to warrant a long position in the market, then this is the list you will want to work off of. But for now, I have closed out my last two long positions of the day and holding cash until the right opportunity comes along, and at this point I expect it to be on the short-side. 

Also of note, is that some of the stocks have taken some damage the past two days, but I haven’t scratched them off of the list simply because there is still reason to believe that they should setup nicely off of a day or two of market strength. So I decided to keep them around for now. 

Here’s this week’s bullish watch-list:

bullish watch-list 4-7-14

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