Bear Trying To Become Relevant Again

The last few days have not been the best of days for the market. 

Volatility is perking its head up some, and the technology sector, which has been the market leader for all of 2017, has shown signs of profit taking over the past week. 

That makes my watch list below, somewhat relevant again. 

You even have a big name like Apple (AAPL) making a rare appearance on the watch list. But check it out, there is a legitimate double top pattern forming. While it has yet to confirm, and I wouldn’t go out shorting it just yet, it is still worth keeping a close eye on. 

Then you have Microsoft (MSFT) which is back to trading in the gap again and had one of its biggest sell-offs in ages yesterday. 

So, YES! Be aware of the bears that lurk in the shadows. They still lack the follow through to really push this market notably lower, but nonetheless, they are trying to rattle the bulls. 

…for now, at least. 

Here’s my bearish watch-list: