Seriously, keeping up and maintaining a watch list focused on shortable stocks is really becoming more of an academic exercise then one that can be actually put into practice.
For the past nine -- count 'em, nine -- market sessions, the bears have had ever opportunity to drive the market lower though, for the most part, they've failed to do so.
If you think being a bull has been frustrating during a pullback that has averaged less than -2 points to the downside per day, then try being a bear that can't find a way to break this market's back.
Sure they can bend the market; they just can't break it.
There are gobs of good shorts on the list below in theory, but in practice, as long as this market continues to be supported by the Fed in general and Bernanke in particular, it's only going to continue to rise.
But back to the theory side of things: in theory you do have some great setups to consider:
- Sohu.com (SOHU) is forming a nice head-and-shoulders pattern that will be confirmed below $59.63 and could see a drop as low as $51 or so before bottoming out.
- Sears Holding (SHLD) recently broke major support at $42, and could see a bigger move on down to $38. If it breaks the latter price level, watch out.
- Monsanto (MON) has consolidated nicely under the resistance at $97.63 and a push down to the low $92's appears imminent.