I've wanted to add a trade to the portfolio today and even considered adding a short, but once we broke out to new highs this afternoon, it made doing so a difficult prospect. So I've stood by for the most part today.
I did book gains in SREV at 6.56 from $6.03, where I bought it at yesterday, for a 8.8% gain. Not a bad way to start off the year.
Assuming we see some profit taking, the list you see to the right here, will provide you with some solid short setups. I really like the charts on everyone of these stocks, but a large number of them have been rising with the rest of the market, but the difference with these stocks is that they are doing it right into heavy resistance.
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