I haven't posted stock picks for a couple of days because of Labor Day on Monday and the lack of large-cap stocks on Tuesday. But today there are a couple of stocks I am looking at to trade.

There is a good reason that both of today's stocks are shorts find out HERE! That is a link to my trading system guide. It is only $3.84 on Amazon.

OK OK Back to it!

American Eagle Outfitters, Inc (AEO)

SELL/SHORT

AEO has been in a steady down trend for a while now and with a slightly negative earnings report due out in the morning I fully expect that down trend to continue after the report. As usual, keep an eye on what is happening in the news and the pre-market price.

Navistar International Corporation (NAV)

SELL/SHORT

My second choice of the day is in the pretty much same situation as the previous one. A mostly negative trend followed by a negative earnings report.

I do expect Navistar to go lower than $21.55 over the next week or so but I am not a swing trader. If the setup today comes through then I will either be in and out. Or if the move is a little slower I might hold the position until the following day.

As some of you know I have been having a few problems with brokers recently. I am moving over to Zacks. I joined as an affiliate because I am more than happy to advertise them on my blog. If you look through my blogs I only advertise and give links if I am actually reviewing or talking about the website (unless it is my trading guide)

Thanks for reading

Paul Davids