New Short Pick – Symbol SNHY (Sun Hydraulics)

The DOW made a nice turn around today, bouncing off of support near 11,000; however, I am skeptical how many times this floor will hold. Hence, I feel like it’s time to start looking at short picks. Here is my first:

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Dow Slides 200 Points on Inflation Fears and Oil… So What!

CNN Money had this to say about today’s inflation news and oil hit $129 per barrel. NEW YORK (CNNMoney.com) — Stocks slid Tuesday, with the Dow losing nearly 200 points, as spiking oil and gas prices and a bigger-than-expected jump in a key inflation measure rattled investors.

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