Video Update ~ You want to short? Stick to overbought stocks or financials only.

Today we look at various stocks from across sectors as we get the start of what we believe could be a 5-10% correction at least.

There are a lot of problems and breakdowns especially in the financial sector but you want to be sticking to shorts only on overbought stocks that are seeing breakdown. Some of these stocks include AMX, GS, JPM, WYNN, PCAR,

We look at support levels for SPY and the reason why we went short or long. Also we tell our viewers that we hedged longs with JRCC long.

YouTube Preview Image

About FocalEquity

Sun Tze is one of the founders of FocalEquity.com. After going through multiple transitions, Tze, Charlie Cheng and their new team are bringing new changes and features to the new FocalEquity.com in 2011. Tze is specialized in financial modeling and has a masters degree in Finance.