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6 Stocks to Sell in December

These stocks are overbought or seeing heavy insider selling

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Stock to Sell #5 – Tiffany & Co. (TIF)

Lackluster performance for the fourth consecutive quarter has put new pressure on Tiffany & Co. (NYSE:TIF) stock. And for the past three quarters, earnings and revenues have failed to meet analysts’ expectations.

The stock is in a broad downtrend with a high at $65 and a low at about $50. Heavy insider sales and an MACD sell signal, as well as a breakaway gap down from its 200-day moving average, are convincing evidence that the stock is headed lower.

The next support for TIF is at $50. Sell or sell short TIF at the market.

TIF Chart
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Trade of the Day Chart Key 

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