*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.
Chipotle Mexican Grill, Inc. (CMG) Since the E. coli outbreak; this stock can't catch a break and truthfully; I don't see it catching a break anytime soon. To get the best bang; I wouldn't short at these levels; but I am extremely bearish on this stock.
Smith & Wesson Holding Corporation (SWHC) The last time I spoke about this stock on my weekly watchlist was several months ago and I indicated this was a short around $25. Well, times have changed and I think this stock has more upside than downside. My recommendation has nothing to do with the recent events. From a technical perspective; I believe the sell-off is terribly over done. With the company set to report earnings Thursday, I expect a quarterly beat. My chips are on the long side.
Tesla Motors, Inc. (TSLA) In one week, Tesla went from a high of $240 to a low of $218. That's a massive swing. I wouldn't short at these levels. This time around; I think we break below $200.
Also watching $SPY $UA $NKE
Recap NKE-3% NFLX-6% TSLA- 1%
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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.