The following is just a small excerpt from my latest Weekly Strategy Session (please click on that hyperlink for details about trying it out) which I published for members and 12631 subscribers this past Sunday.
Here are some ideas with vulnerable charts that I would consider swing trading on the SHORT side ONLY ON WEAKNESS in a broad market which accelerates to the downside. Short-selling includes unlimited risk, since stocks can rise indefinitely, or at least much longer and much higher than seems reasonable. Thus, I strongly encourage you to define your risk beforehand via a concrete buy-cover protective stop-loss, in the event the trade goes against you. Also, please be sure to check earnings dates for any and all of your holdings.
- AXP
- DAL
- EWG
- EWI
- F
- GM
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ewz if it breaks below the 50 day? good mornin’ cNw.
Yup
Chess, thoughts on RRC? I’m thinking below 74.25 accelerates a further fall
Agreed
add SCOK to that list, doubling down 6.65