Quite the day for the broader market, weird actually, but bullish nonetheless. Those that tried to fade had their assets handed to them. The greater risk at this point though is trying to buy in here to catch the next leg up. Take a look at the chart below and you’ll see that there is
Possible Fades (Strategy)
Regardless of the overall trend I believe there are always names that can be shorted. I prefer to sell call spreads or buy a put versus shorting the stock as I have defined risk by doing so and that helps me sleep better at night. Here’s a simple scan that I run every night to