Selling Stocks Short On A Negative Market Signal

Market timing – negative (3 days old).

(Update: 07/24/15)

(Updated chart below. On a negative market day, all six stocks sold short on the open were in profits at the close, particularly BIIB up 8.2% for the day.)

As the market indexes continue to slide toward oversold territory, individual stocks giving sell-short signals for Friday’s open include ALR, BIIB, GWPH, as well as AXP and MRK in the Dow.

They have joined SUNE which was a short on today’s open. At six percent into profits on a single day, it now has a break-even stop in place.

Each stock is a short and hold until the red color coding on the chart below turns yellow again.

(Note: these trades are not recommended for anyone other than as a journal record for myself.)

(Click on the chart for a larger image)

Short_stocks_update_2015-07-24_1306

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