Targeting a short-term bounce on GE here, typically these blue chip stocks when in heavy over-sold territory at a minimum show some short-term recovery when fear and PERCEIVED risk is high. Good opportunity to play the bounce here.
Disclosure: I have no position in GE.
YETI is a short-sell for several reasons, but most notably, because they are an over-valued one-trick pony.
If you look at the chart of other one-trick pony's - GoPro would be a good comparison - you will find a similar story. Long-term downtrend expected once YETI "cools off" from the IPO hype.
