Short Position Updates: Apple Inc. (NASDAQ:AAPL), Tesla Motors Inc (NASDAQ:TSLA), Simon Property Group Inc (NYSE:SPG), and Wynn Resorts, Limited (NASDAQ:WYNN)
The last time the market was pressing resistance levels Stock Traders Daily made short recommendations on Apple Inc. (NASDAQ:AAPL) from $109, Tesla Motors Inc (NASDAQ:TSLA) from $254, Simon Property Group Inc (NYSE:SPG) from $206, and Wynn Resorts, Limited (NASDAQ:WYNN) from $99. So far they are working well.
Those short recommendations remain in place and our downside targets have not yet been hit, but we are also not a fan of chasing these stocks lower. Our price points were great and we are being patient.
However, with the market again pressing highs we are also preparing new short recommendations.
In the days ahead Stock Traders Daily expects to issue additional short recommendations not unlike what we have done with the four stocks mentioned above; these recommendations will be send to our subscribers, offered through Reuter’s and Zack’s institutional services, including First Call.
Support and Resistance Plot Chart for
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
Fundamental Charts for :