iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Consider Getting a Little Trashy

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With the bears proving to be clawless, thus far in 2012, until we see them do more than growl you can expect to see more squeezes. The mortgage insurer, and broadly the surety and title insurance sectors, have been dismissed as trash for several years since the MBS/CDS bubble burst in the wake of the housing crash. Currently, though, many of the stocks in this industry are sporting enticing setups on the long side. Loaded with numerous shorts who could easily be squeezed hard, they are worth keeping on your monitors tomorrow and beyond, should the market keep fighting off a nasty reversal.

Members of The PPT and 12631 can click here for a full list of stocks in the relevant industry, sorted by The PPT Technical score.

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