More Short Candidates

While I am bullish to the very end, I can't help but notice that the rally is nearing a breaking point. Like it or not, no matter what we think, the market will dip sooner or later. Notice I said dip. I still believe that the intermediate to longer term trend will be positive, but in the short term time span, we may have a mini correction. The severity of the correction all depends on how long this uptrend lasts. Earning season is usually the best time to find short candidates. So far, there are a few stocks that are setting up decent shorting positions...

New Short Ideas: FMX, HOGS, MED, MELI

Could use puts if you want. Time frame is longer term. If you aren't patient and can't handle holding for a few weeks, do not bother as it would be easy to be shaken out of shorts this early. If the markets (for whatever reason), begin to sell off fast, you will be able to exit with decent gains at an earlier rate.