As I try to do every week, below you will find my current watch-list
for short setups. I keep a Long Setup Watch List (which I will be
posting tomorrow night) and a Short Setup Watch List, which you will
find below, at all times to provide me with the flexibility to
"flip-the-switch" should the market make a definitive change in
direction that causes me to change my outlook of the broader market.
Below you will find 46 trade setups, which is 30 more than what I posted
last time. Most of these stocks are ready to be shorted, which means
the risk-reward is favorable and the stocks have clear technical price
patterns that a breakdown is underway in the stock.
I actually shorted one of the stocks on the list below – (ABMD) at
9.66 today, and has done quite well for me as it closed the day at 9.22.
It reports earnings tomorrow, which I am not overly crazy about, but I
do have some cushion, in the form of profits to play with, should the
earnings send this stock higher.
Other stocks on this list that I currently am shorting include BEZ,
SYK and NATI.
One stock that I really like more than any other tomorrow is EGOV.
I've posted the stop-loss next to each symbol to help you with the
risk management side of the trade.
Enjoy!
Here's My Current Short Watch-List.
Universal Travel Group (UTA) – 9.57
United Therapeutics (UTHR) –
57.90
Superior Well Services (SWSI) – 16.17
ASML Hldgs (ASML) –
33.01
Alcoa (AA) – 13.93
Jabil Circuit (JBL) – 16.45
Scholastic
Corp (SCHL) – 29.13
Netease.com (NTES) – 36.41
Teletech (TTEC) –
17.10
Goldman Craps (GS) – 157.25
Autoliv (ALV) – 55.30
Baldor Electric (BEZ) – 40.15
Emerson
Electric (EMR) – 53.90
Live Nation Entertainment (LYV) – 15.99
National
Cinemedia (NCMI) – 21.07
Nu Skin Enterprises (NUS) – 32.55
Stryker
(SYK) – 60.50
Torchmark (TMK) – 56.92
National Instruments (NATI)
– 35.21
Proctor Gamble (PG) – 65.40
Compass Minerals
International (CMP) – 81.45
Automatic Data Processing (ADP) – 45.90
Solera
Holdings (SLH) – 40.63
Companhia Paranaense (ELP) – 21.45
Penn Va
Resource Partners (PVR) – 25.70
HOLDRS Pharaceutical (PPH) – 65.75
iShares
S&P Global Infrastructure (IGF) – 34.33
SPDRs Consumer Staples
(XLP) – 28.31
Nic Inc (EGOV) – 7.56
Ebix (EBIX) – 17.50
US
Airways Group (LCC) – 7.82
American Tower (AMT) – 43.50
Mastec
(MTZ) – 13.35
Conagra Foods (CAG) – 25.51
Exelixis (EXEL) – 6.67
Healthcare
Services Group (HCSG) – 22.90
Nuvasive (NUVA) – 45.10
Varian
Medical Systems (VAR) – 59.82
Cameco (CCJ) – 26.65
Abiomed (ABMD) –
10.15
Accenture (ACN) – 44.79
Plains All Amer Pipeline (PAA) –
58.50
MetLife (MET.B) – 24.33
American Public Education (APEI) –
47.95
Buckeye Partners (BPL) – 64.90
Boardwalk Pipeline Partners
(BWP) – 30.15
Checkout Ryan's Blog at SharePlanner.com
