I am bearish on the markets. I have been for awhile and see no reason to think we’re not heading down this holiday season, but I wanted to start to point out a few leading that may be long candidates when the markets have bottomed. The one thing that stands out to me when viewing these charts is that all of them have a way to go before they encounter any meaningful support. And if strong recent performers have a 8-10% correction in store for them…it could be even worse for laggards and the general markets.

 

 

 

 

 “More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively.”  ~Ray Dalio

3 Responses to “Watch For Pullback In These 3 Stocks”

  1. Dan Krudys Says:

    thanks for these three Jeff. would you consider these as three of your better short idea’s?

  2. jeff pierce Says:

    No. I wouldn’t short these as their RSI suggests these are ultimately going higher. Just watch them to see how they pullback and they may be buys then.

  3. jeff pierce Says:

    all my best short and long ideas are within tradewithZEN. :-)

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