I am seriously trying to tempt this market to prove me wrong.

For years now I have been providing you with a bearish list of stocks to watch for shorting purposes. Rarely has it ever been useful, simply because the bulls keep buying every stinking dip. 

So maybe I can put that top in by making the comments that are synonymous with market tops! 

Yesterday I came into the day net short. I was loving life, but I was forced to quickly cover my positions as the market decided it wasn’t going to cooperate with the bears, and instead, from the moment the market opened, rallied the troops higher, recovering all the losses on the day (about 1% worth) and finishing the day in green. 

I had to close out my short position (for a profit) and aggressively start adding long positions to the portfolio. 

Sure, I want a good sell-off, this market you’d think would want one too, after eight years of nothing but market rallies, but NOPE, not this time.

And despite me wanting one, doesn’t mean I am going to ignore obvious market tendencies to rally higher. I’ll continue to play the direction that the market wants to take, and in the process, continuing profiting all the same. Anything else would just be madness! 

For now, here’s my bearish watch list; some day it will be actionable, I thought it might be so yesterday, but alas, it was not to be so. 

bearish watchlist 8 29 17

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