Buck the Trend

As Wall Street continues to slide and you see profits disappear, are you paying attention to the real winners in this downturn? Obviously smart short sellers are making profits, but you have to be careful with short selling. It is an action we take less often. We are conditioned to be buyers of stock, not sellers, so short of short selling (no pun intended) what are you to do?

Find stocks that are bucking the market trend. On Monday we had a bunch of stocks make solid gain on solid volume in an otherwise weak market. Smart investors were looking at which stocks maintained their run yesterday in a dismal market. Who was bucking the trend?

Humana (HUM) was. Remember when I told you defense sectors like Alcohol and Medical stocks were most likely to buck Wall street? Humana could be just one of those stocks. For now, I recommend putting it on your watch list, as I will not recommend buying anything in the middle of a storm like this, but your best preparation for the next market swing is to find stocks like HUM and keep an eye on them.

Do you have a stock on your watch list that you want to share? Post a comment on here and lets build a watch list for the next market turn!!