Good US stocks to short during next correction

Discussion in 'Stocks & Derivatives' started by Jim4silver, Mar 14, 2018.

  1. Jim4silver

    Jim4silver Well-Known Member

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    I have been saving some $$$ over time so that I can short (via put options) a stock or stocks when I feel the time is right. I think I am getting close. Was wondering what US stocks you all think will fall the most when we do have a major correction (or what we have been seeing over the past month or so grows into one)?

    One stock I have been watching is Tesla. Sooner or later their complete lack of profitability will matter?

    https://www.cnbc.com/2018/03/14/tesla-manufacturing-high-volume-of-flawed-parts-employees.html
     
  2. Jim4silver

    Jim4silver Well-Known Member

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  3. barneyrubble

    barneyrubble Well-Known Member Silver Stacker

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    Ray Dalio thinks we are in a Goldilocks period with everything pretty good especially tax cuts, and there is cash on the side from personal to corporate.

    He does think it's late cycle, but your time is not now.
     
  4. Jim4silver

    Jim4silver Well-Known Member

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    That's what some of my stock owning friends think too, except their 401Ks and IRAs are down several percentage points now. No pundits ever call stuff right I'm convinced. By the time they start calling a bear the market will already be down 20% or more from the top.
     

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