This was a nice bounce for the bulls off the lows of the day…. really nice. 

I didn’t see it happening to this degree. I was stopped out of both my long positions early on, but I quickly got back in one of them, and then added another. So I am fairly happy on the day so far. 

I still am relatively flat on the month, which I am not thrilled about, but compared to the rest of the market, I guess I can live with that. 

Below I have put together this week’s installment of the bearish watch-list. Granted I had to take a lot of them off because they simply had sold off so much already, that there was nothing left to really short. And getting stuck in a squeeze is no bueno. 

As a result, I have a lot of stocks that are more considered to be “long-term” short plays. Ones that probably go beyond the realm of an average swing-trade in terms of duration. 

As this is an extremely oversold market, I would probably say it is best to wait for a nice and well played out bounce, before getting short anything.