A Watch-List You Can Short
Ryan Mallory | Jul 09, 2013 02:24PM ET
I'm never comfortable with a market. No matter how great it is, I always suspect that a major reversal, crash or apocalypse is just around the corner.
But that's a good thing because it keeps me on my toes and prevents me from being lulled into a false sense of security and leaves me always prepared for the unexpected.
While I am "tentatively" Bullish (that is about as good as it gets from me) on this market, I never discount the possibility that conditions in the market could change and I'd be short every stock on the list below.
That's just how the market works, so don't take your own opinions too seriously... it's just too costly.
My top three from the list follow:
- Avanir Pharmaceuticals (FMC )
Double Top Pattern emerged and close to confirming.
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.