There are 175 high-volume large-capitalization stocks in my analytical universe that have sufficient liquidity for a bear play. A bear position can be build from either options or short shares, and both tactics require liquid symbols, which excludes most of the market.
The stocks have average daily volume of 3 million shares or more and market caplitalization of $10 billion or greater.
The stocks have average daily volume of 3 million shares or more and market caplitalization of $10 billion or greater.
Out of those 175 symbols, 76 are presently in confirmed bear mode according to my rules. That means that each has broken below its 20-day price channel and continued to trade below the breakout level on the next day.
As of the Jan. 27 close, the 76 symbols in bear mode are:
| ABBV |
| ABEV |
| ABT |
| ADM |
| AIG |
| AMAT |
| AMX |
| BBBY |
| BBD |
| BIDU |
| BK |
| BMY |
| BRK/B |
| BSBR |
| C |
| CBS |
| COF |
| COP |
| CSX |
| CTL |
| CVS |
| CVX |
| DD |
| DG |
| DIS |
| FCX |
| FOX |
| FOXA |
| GE |
| GGB |
| GGP |
| GM |
| HAL |
| HD |
| HIG |
| HST |
| INTC |
| JNJ |
| JPM |
| KEY |
| KO |
| KR |
| LVS |
| LYB |
| MA |
| MCD |
| MDLZ |
| MET |
| MRO |
| MS |
| MT |
| NBG |
| NKE |
| NOK |
| OXY |
| PBR |
| PBR/A |
| PFE |
| PGR |
| PM |
| POT |
| RIG |
| S |
| SAN |
| SLM |
| SYY |
| TGT |
| TJX |
| TWX |
| UNH |
| UPS |
| WFM |
| WMT |
| XOM |
| XRX |
| YHOO |
References
My shorter-term trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.
Disclaimer
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.
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