This post will likely mark some sort of short term bottom, but if things heat up to the downside, this post will provide you with some ideal short candidates.
One of my go-to short screens (it’s been a while since I had to use one), can be found HERE for PPT members. This particular screen searches for stocks with a fundamental score below 3 (meaning sub-par financial statements), technical score below 2.5 (meaning poor charts), and a net cash per share/price under 0.1.
I’ve imported today’s results from said screen to finviz for your viewing pleasure: CLICK HERE FOR RESULTS
Charts of interest include: AGNC, SBUX, LNG, SRC, WDAY, PANW, LNKD, MLM
I’m open for anything given the carnage in select names on Monday. I’ll be ready for a bounce should we get one, but I will ever so quietly begin to start building a list of go to names on the short side.
Good luck this week fellas.