I'm never comfortable with a market. No matter how great it is, I always suspect that a major reversal, crash or apocalypse is just around the corner.
But that's a good thing because it keeps me on my toes and prevents me from being lulled into a false sense of security and leaves me always prepared for the unexpected.
While I am "tentatively" Bullish (that is about as good as it gets from me) on this market, I never discount the possibility that conditions in the market could change and I'd be short every stock on the list below.
That's just how the market works, so don't take your own opinions too seriously... it's just too costly.
My top three from the list follow:
- Avanir Pharmaceuticals (AVNR) Double top confirmed.
- Apollo Global Management (APO)
Check if there is a near-term Divi that could be paid out because you don't want to foot the bill -- otherwise, a nice head and shoulders distribution pattern to watch. - FMC Corp (FMC)
Double Top Pattern emerged and close to confirming.
