Short Setups For The Last Exiting Bear Holdouts

Yes, I am a faith watch list developer of all things long and short. 

But there can't be that many bears left in this market. I mean, seriously, what has the market done for you at all lately that says, "I need to be net-short?"

Absolutely nothing!

On the flip side the last two months in the market has been extremely boring for the bulls too, but at least the market on the year has moved their way and still barely establishing new all-time highs on a regular basis. 

With all that said, I actually have one short position in the portfolio right now with International Business Machines (IBM). I am barely up on it, but who is to really complain about a barely profitable short position. 

I may add one or two more before the end of the day, with the leading candidates being McDonalds (MCD) or Tractor Supply (TSCO) - both look weak and want lower prices. 

For now, comb over the stocks below as ideal shorts setups and trade those that that are overall have displayed secular weakness of its own apart from the market with a well defined risk/reward parameter. 

bearish watch-list 8-23-16 trade setups swing trading

Disclosure: None.

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Comments

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Alan Pennock 2 years ago Member's comment

I agree on $IBM blue, I closed out my short awhile ago. Waited a long time but with all the insider trading, buying off the mkt. and giving themselves options for pennies on the dollar, esentially robbing from the investors, employees, and customers, their ponzi scheme was sure to #crash, and it did. I am short $swhc and $sgy. #StoneEnergy is in a world of hurt. Borrowing just to stay afloat and if #oil doesn't rebound anytime soon they are toast. Say hi to Vivian Lewis for me, an old friend from stock gumshoe. I think Travis has made some bad decisions lately. A real shame. Best to u always. alan

Kurt Benson 2 years ago Member's comment

Couldn't agree with you more Alan Pennock. Closed out my short on $IBM and shorted $SWHC and $SGY.

Alan Pennock 2 years ago Member's comment

thank you. didn't know if u would respond

Alan Pennock 2 years ago Member's comment

Why $tsco? Positive earnings and a div. increase from.36 to.44 that a short would have to pay if caught holding b4 ex div date? Seems 2 b in a trade range from 77 to 95 and leveling off at 85 or so. Please, I don't disagree with you but would like to know your thinking. Alan