Stocks This Week: Sell Short Monster Beverage And Intel

This is post options expiration week (OPEX). Such weeks have not been very bullish in the past. The 27^th is likely to be a short-term low, likely the low for the month.

Here is a screen of stocks that have performed worst in the coming period. To select some shares for short-term trades, the following strategy is employed. The weakest performers in the chosen time period with at least 20 years of price data are calculated and are presented below. The issues are ranked by the percentage of time periods in which the stock declined.

Bearish Stocks from January 23^rd-30^th  

From this list, the stocks or ETFs are screened for relative strength and by dynamic cycles. The latter term refers to the most active cycles that are generating profits now.

Monster Beverage has been down 75% of the time in the coming week. The 24^th and the 27^th have been the second and the third weakest days of the month. Relative strength has been weak. The share price is likely to reach $80.  

Chart 1

Intel is not on the list but is recommended through another method. The company is due to report earnings on the 26^th after the close. The weekly cycle peaks on the 28^th. When cycle peaks occur near earnings reporting dates, the cycle is frequently a sound indicator of the share price. The conclusion is that price will fall back toward the old low at $47.5.  

Chart 2