Scanning the Stocks Basket

 About two to three times per week, I present a basket of stocks with potential on the long or short side. Currently, the long side has been the "fuller" basket with only a few stocks appearing on my scans which I feel have an attractive risk-reward.

Of course, I do hate it when the scans are one-sided, but in this market you have to stay with what is working. The short side just isn't working yet. When the scans continue to be so very bullish, it does make me a little nervous. But as long as stops are adhered to, the only major risks are a very big overnight drop or flash crash. The overnight drop could be hedged with short-term index puts, or possibly a call position on volatility. That really depends upon one's risk tolerance....262 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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