Brand New Shorts...
Hey folks, got a few new shorts for this week.
Most, if not all of the shorts were picked off the IBD 100 list, which by the way, is not acting favorably at all. Since this coming week seems to be a down week ( watch as the market hits resistance once again and makes new lows), it may be a good time to jump in while the stocks are up. Most of the stocks listed have had trouble regaining their 50day MA, despite the decent market action in the last few days.
FTI, EXPD, ODFL, CME, CBG, ETP, STLD, FMD, CLDN, CVH,
Of course some of the setups are more obvious than others. Don't let the upside action on FTI and EXPD fool you...they are not going anywhere but down in the next few days.
Anyways, gotta go...time for some rest.....Later!
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