Tweet of the Day
Position: None
Position: None
I am adding to my index shorts:
* $SPY $758.63
* $QQQ $741.18
Position: Short SPY (L), QQQ (L)
Bullish sentiment is surging across key indicators, and similar setups recently led to fast S&P drops. This market may be due for a shakeout.
Extreme concentration and 100x earnings multiples aren’t my game. This off-the-radar tech trade is.
Companies that cannot make their quarter will be severely punished.
As zero interest rates have become a thing of the past, has your strategy caught up?
The easiest way to underperform the market is to try to predict what the DJIA or the S&P 500 will do next.
We put capital to work in several holdings, booked massive gains on two others, and added a new candidate to the Bullpen.