IN A NEGATIVE MARKET, more shorts…

As the market continued to decline into its fifth consecutive day (a bounce will come any minute…or day), shorts on today’s open have fallen with the market as expected.

Given signals to sell on Friday for today’s open included $ITCI, $MW, $AAPL, $ESPR (the best performer with a gain of 7.1% for the day), $HA, as well going long the Russell inverse 3x leverage ETF, $TZA.

But with a market bounce imminent these are a day trades (to be closed on today’s close).

(Click on the chart for a larger image)

Moreshorts

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