Part One: 31 Short Setups with Stop-Losses
For once, I was able to weed out a large number of setups from my list, due largely to the strength in the markets from yesterday and again today. As a result, my short watch-list is just a shade under 100. But about 50 less from the watch-list I posted last week. Once again, I'll divide the watch-list into three separate posts.
Here are the requirements for inclusion on this list:
1) Price and volume pattern is intriguing
2) Stock has been heavily sold-off in the recent days or weeks, but still remains on the list for a possible short off of a weak rally
3) Stock is one of intrigue to me, such as Goldman Sachs (GS), so I keep it around in the case that there is a setup that is too good to pass up.
Most of them right now fall under #2 as the market in recent weeks has taken a pummeling. The stop-losses for ALL of the stocks have been updated. Don't be a stranger if you have any questions. New additions to the list are highlighted in yellow.
Here are 31 Short Setups (Part 1)