Adding a Few Positions Intraday

Here are a few positions that will be on tonight's list, but you may want to take a look at them now:




-JPM (S) and GS (S) are both in good position for a new short or an add-to
-PWRD is a short featured here, it is a good short or add-to now
-EDZ (L) looks good and it's pulling back intraday-I'd establish a small position for now and add later

-TWM (L) an UltraShort on the Russell 2000, make sure you are not too correlated with the market in other positions or you'll have to reduce this one. This is your basic market short.

-Possibly a little DGP (GOLD double long ETN) Keep this position small as it is still "iffy", but it has broken and held a major downtrend line and is up today.

-GOOG (S)

-(S) SLV or (L) ZSL I believe silver has downside and it is not as correlated to gold s people think.
-AAPL (S) is acting perfectly in a Broadening top scenario
-UGP (S) this is another I'd establish a small position in for the moment
-KLAC (S) KLAC has fallen out of a flag and is a long term short
-CRM (S) there's a high probability this is coming off the right shoulder of a H&S top, this is a high probability/low risk short.
-FLEX (S) appears to be coming down out of a large triangle top.
-CYMI (S)-especially if it appears it will close below $31.37-this is a large double top.