This thing is about to run out of gas, possibly momentarily, put it could continue through the spring, and into the summer. I’m looking for names that are going to fall first, and the fastest. This is just a preliminary screen, and I will be looking through these names more in depth. I’m looking for names near their 52 week high, with poor fundamentals, and poor April seasonality. Did I mention, I feel like I got hit by a tractor after my workout tonight?
Here’s what I got:
XONE looks fully ready to be kicked sideways down the stairs
Then there’s these:
SPLK, P, CIT, EGAN, RENT, ANGI, RAD
I’ll be taking a a deeper look into their businesses and fundamentals, but first, here’s the charts.