Context for This Shortlist
Each week, I scan the market with a precise and rigorous focus: to pinpoint stocks truly worth watching over the next 10–15 trading days, while sidelining others—no matter how promising they initially seem.
This shortlist emerges from a deliberate evaluation of market dynamics, liquidity, and participation strength, layered with near-term event awareness that could sway price action. Needless to say, I have personally examined the candidates. The priority remains selectivity, transparent risk, and execution quality—not chasing trades for the sake of it.
The Top 5 Sell Candidates
1. NFLX (Netflix)
Mega-cap leader in QQQ/SPY with $20B+ avg daily volume, explosive options flow (weekly expiries, high OI for short hedging).
Macro: Growth stock sensitive to Fed tightening; post-Q4 earnings deceleration (Jan 21 report: inline but weak 2026 guide).
Earnings: Just reported (no 2-week risk).
Analysts: Moderate Buy (avg PT ~$115, recent trims).
Events: FOMC minutes (Feb 5; consensus: steady rates; bearish surprise: hawkish inflation tone—hits streaming multiples).
Current Price: $86.12 (52-week range: ).
My take: $89.50 is initial resistance. Don’t expect it to go above $96 this week without another go at the downside
2. INTU (Intuit)
Elite $10B+ daily volume, QQQ fintech heavyweight, active ATM options.
Macro: Tax-season peak but exposed to consumer slowdown in high-rate environment.
Earnings: Next ~Apr 2026 (low proximity).
Analysts: Strong Buy (avg PT $720).
Events: CPI (Jan 31; consensus: 2.5% YoY; bearish surprise: hotter-than-expected—pressures rate-sensitive fintech).
Current Price: $563 (52-week range: $500–$710).
My take: $592 resistance will be the first one to watch, but stronger resistance around $614
3. CDW (CDW Corp)
Strong $2B avg volume, S&P IT services staple, institutional short interest via options.
Macro: Enterprise IT budgets tightening amid economic uncertainty.
Earnings: ~Apr 23 (moderate proximity, watch pre-drift).
Analysts: Buy (avg PT $280).
Events: Employment report (Feb 6; consensus: +180k jobs; bearish surprise: weak data—triggers IT spending cuts).
Current Price: $220 (52-week range: $180–$260).
Yes, we have been to the 61.8% retracement, and so a reaction higher is indeed due. However, the first attempt at the resistance of 614 should be sold if we reach there directly. There is an intermediate resistance just under $593. Remember, all these comments relate only to the short term!
4. GDDY (GoDaddy)
Solid $1.5B volume, growth ETF exposure, weekly options with gamma flows.
Macro: SMB hosting cyclical as digital ad spend cools.
Earnings: ~May 2026 (no immediate risk).
Analysts: Moderate Buy (avg PT $190).
Events: PPI (Feb 11; consensus: 2.8% YoY; bearish surprise: input cost surge—margin pressure).
Current price: $103.70 (52-week range: $79-$152.40)
My take: We need a test of around $95.70, which is just above the prior significant consolidation zone’s top of around $93.75. In the meantime, if you get a pullback to near $120, try selling with a nearby stop!
5. HPQ (HP Inc)
Reliable $1B+ volume, hardware ETF presence, consistent put buying.
Macro: PC/printer refresh cycle bottoming; China trade risks linger.
Earnings: ~Feb 25 (high proximity—elevated gap risk).
Analysts: Hold (avg PT $38).
Events: Earnings (Feb 25; consensus: inline; bearish surprise: PC shipment miss—accelerates downside).
Current price is $19.43 (52-week range: $19.20–$35.28).
Momentum is slowing, but it is still too soon to think of buying. If we get a quick recovery directly to $20.40 and $21.10, we should sell in two lots with a nearby stop!
How to Use This List
This shortlist is not a set of automatic SELL signals (although this one time, I have given you some clues)
Think of it as a high-quality opportunity set—stocks that merit close observation over the coming days. From here:
Apply the Elliott Wave framework you’ve learned
Focus on low-risk entry points, not urgency
Define risk clearly before considering reward
Allow price to confirm your view—or walk away
Some names may trigger opportunities quickly.
Others may never do so.
Discipline lies in recognising the difference.
Disclaimer: You should always consult your financial adviser before trading in the financial markets. The above commentary and everything else you read on my website should be considered solely as an education on how to ‘think’ before taking action in the marketplace! They are not meant to be considered investment or trading advice, even though I use the words buy or sell.