Set-ups for a Potential Bear Encounter
06/05/2014 7:00 am EST
Ryan Mallory of SharePlanner.com shares some of the stocks on his current bearish watch list.
The bearish watch-list has become a moving target in recent weeks. But that's a good thing; that means there is a strong trend in the other direction to pounce on as most of the bearish setups today are seeing a lot of them broken tomorrow, which renders them useless.
So what you will want to use this watch-list for is for a “just in case” scenario where the market decides to make a reversal and quickly move to the downside. If that happens, this list that you have tucked away, will be ready to use at your disposal.
Here's the bearish list of trade setups:
Believe it or not, it happens more times than you'd think, and I always find myself very thankful to have kept such a list handy when it didn't really seem necessary.
By Ryan Mallory, Founder, SharePlanner.com