Busy morning, as the early strength knocked me out of two of my holdings in Silgan Holdings (SLGN) and Hilltop (HTH). However, not to be outdone, and still working within the parameters of my trading system, I jumped back into 2 more short positions and then went long on an UltraShort ETF of the S&P
Here are three more short setups that look really good for the taking. They are definitely worth consideration for inclusion to your portfolio. Allegran (AGN)
Now to be completely honest, things aren’t looking too good for this trade in particular. I got in early Friday morning, when everything seemed to be pointing to the resumption of the bear market. That didn’t happen! Instead what I got was a bull rally, erasing much of the day’s gains, including my early gains
Now that the market has finally had the chance to rally some, work off the oversold conditions (I feel like a broken record saying this) I’ll be putting on some new short positions come tomorrow morning. I’ve heard already some chatter from folks getting more optimistic each day, which even more so, emboldens the contrarian
Today I finally jumped back into the market on the short side with two new positions in Gap (GPS) and Hilltop Holdings (HTH) – a clothing retailer and an insurance company respectively. The plan going forward is to gradually scale my portfolio into a good number of short positions, by adding a new position or
Last month I provided you with my Top 20 Short Setups, this time around, I am giving you my Top 30! There are a ton of excellent short setups out there and below are the ones I believe are the best of the best. The market is no doubt oversold right now, so I’d recommend keeping
Here are five short setups (with a desirable stop-loss included) that I believe, will go down hard with this market, if it continues to churn lower. However, word to the wise, I don’t recommend going out right now and shorting these stocks, as the market is sitting in oversold conditions. I would wait for a
As I continue to patiently wait for the market to work off its oversold conditions I look for opportunities on an intraday basis that I believe provides a good risk-reward opportunity. Often times, it is when the market hits price extremes for the day, and has either topped or bottomed out. But I don't get
Things have no doubt turned drastically bearish in the past week. Whether the sentiment remains is anyone’s guess. However, it doesn’t hurt to begin preparing for what could be a major correction. I mean let’s face it, it is not like we are in the best of economic environments right now, so there is no
One of my new changes to the website that I talked about last week was providing you with my watch-list of stocks that I am paying close attention to. Last week, I merely provided you with a list of symbols, but this week, I am ranking them by favorite to least favorite, and on top