Three Candidates for Shorts:WBMD - ARUN - BAS

On Wednesday was a bad day for the market. The ADP private sector employment report industry was not as good as the market expected. Additionally, the FED comments indicate that would not be necessary QE3 and bad news from Spain, appear to have affected the market.

The DJ-30 shed 0.95%, the SP-500 was off by 1.02% and the Nasdaq Comp. dropped 1.46%. The volume was at a similar level to those of the previous weeks and volatility increased almost 5%.

A new aspect from yesterday is the three indices broke the support level of SMA 18 days. In the case of the Nasdaq Comp. moreover, broke the support level determined by the previous high.

All this, shows a further deterioration in technical terms. Other indicators such as RSI, MACD and Stochastic also reveal a change in the market. Chances are that in the following days, these indices face the level of support from SMA 50 days.

As expected, a day like yesterday, there were many stocks that experienced significant drops. Our system detected numerous candidates for shorts. Below, we present three hot stock picks.


WebMD Health Holdings Inc. (WBMD).- Price: US$ 23.29 (Var: -9.41%). Volume: 3.93 Millions of shares (daily moving average: 0.72 M). Gap down, new low and high volume... what else?
Aruba Networks Inc. (ARUN).- Price: US$ 21.56 (Var: -5.36%). Volume: 3.92 Millions of shares (daily moving average: 2.71 M). Restart a new leg down but is short term oversold.
Basic Energy Services Inc. (BAS).- Price: US$ 17.03 (Var: -5.34%). Volume: 1.34 Millions of shares (daily moving average: 1.21 M). Continue to fall. Next stop around US$ 16.00.


Free Down Trend Stock Picks includes three stocks that have experienced daytime significant price falls. These stocks have been selected from a list includes stocks that have shown the worst performance of the last 52 weeks.This means these are stocks with a medium-term downward trend.