*Update Moving forward, watchlist released for free every Sunday night will only list the stocks that I am watching. Entry/exit zones (along w/ charts) will be shared occasionally with individuals who are signed up for the newsletter. If you're not on my mailing list; sign up below. It is free.
NIKE, Inc. (NKE) Stock has been hammered for the past 2 months. Pick your poison. It could be the closing of The Sports Authority. It could be the mistake of not signing Steph Curry (Aka Dub Nation), etc. Whatever the reason, the market has not been kind to this stock. I believe it's extremely oversold at these levels; looking for a dead cat bounce. Chips are on the long side.
Valeant Pharmaceuticals International, Inc. (VRX) Reports earnings on Tuesday, June 7. I wouldn't try to guess if we will see a pop or sell off. I would play this on June 8th following the path of least resistance. Let the market tell you where it wants to go.
Netflix, Inc. (NFLX) Started to crack, still think we see more selling next week. Remains a good short.
Also watching $SPY $UA
Recap NFLX-3% DKS- flat TSLA- (2%)
As opportunities present themselves within the week, I will be sure to email them. Are you a subscriber? If not, what are you waiting for? It's FREE! Once you sign-up, Log-in and check out my Second Quarter Portfolio.
This watchlist is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation to buy, sell and/or hold any securities mentioned above. All investments carry risk, there are no guarantees. Investors should consult with their advisers with respect to their investments.
This website is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation to buy, sell and/or hold any securities mentioned. All investments carry risk, there are no guarantees. Investors should consult with their advisers with respect to their investments. Please read our full disclaimer here.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.