The key word is "watching", because I haven't pulled the trigger on any of them. And with the market rallying hard today, what incentive is there to trade any of them at this moment? Instead, as has been the case for nearly all of 2017, I will continue to watch these setups, and only short
How much more depressing can these bearish watch lists become?
Sure the stock marke is selling off right now, but I wouldn’t let that compel you into thinking that this market is going to fall into a bigger sell-off at this point. I mean, as of this post, the S&P 500 has only sold off a whooping 2.8 points today!
I’m trying to get creative with my titles here, because there is little one can do with short setups of any kind. Trying to put together a legitimate list of short setups to watch, is not an easy task either. In fact, the people I know that tend to short a lot of stocks in
If only the bulls could hold the gap up Imagine the possibilities – a gap and run, maybe even a move of more than 1% (Gasp! Did I just say that out loud?) Nonetheless, the bulls seem to hate every gap-up to start the day, and spend much of its mornings erasing any good vibes
My Swing Trading Approach Still long on the market. I dabbled to the short side some yesterday, it didn’t work. Now that is out of my system, I remain long and will look to add 1-2 new positions today on market strength. Indicators
The thing about earnings is that you never know which way it will actually go. You see, earnings, whether The Street responds favorable or not to the report, rarely pays much attention to the technical outlook initially. I’ve seen so many excellent charts, very bullish charts in fact, get completely dismantled once the earnings report
This market, as much as it has consistently moved higher by 2 points here, and 3 points there, has managed to put traders and investors alike, to sleep. Traders these days, conveniently turn on their computer and expect the market to be either 1-2 points higher or 1-2 points lower. If it is the latter,
Here’s the updated list of short setups I am following. It’s a pretty good list and most of them have fared pretty well of late.Â
At this point, what good is a list of short setups. I keep them of course, and will post them tomorrow, but overall, they have been good for nothing really. The market continues to ramp higher, unabated. And if there is some selling, it is minimal, so that any quality sell-off never has any quality