However, for now I need to get the stocks out to you. Here are some that have shown recent (mostly false breakouts) and these are the type of breakouts that precede a downside move and we are seeing that in these names today. Don't be afraid to enter a stock that has moved already, if the market truly breaks, we'll have a lot of profitable opportunities.
Short names to consider:
DECK
CRM
PCLN (be careful as she's a very volatile stock-wid stops on this one initially)
JOBS
SAP
BRCM * I like this one a lot.
F
PVH
FCX (which was covered last night)
SMH-good exposure to tech downside-there are ultra shorts too available. This one is just the index so you have to short it.
PPO (possibly-I need to look closer)
WFC-(covered the bad news here over the weekend)
AMZN
5 years ago
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