Bearish Bets: 3 Stocks You Should Short This Week
Weak charts with poor price action means more downside.
Weak charts with poor price action means more downside.
Another leg higher in oil, on top of a firm inflation backdrop, lifted Treasury yields to multi-year highs, hardening Fed rate-hike bets into next week’s meeting, and driving a fourth straight day of equity losses.
Oil climbs and treasury yields hit fresh multi-year highs, pressuring stocks for a fourth consecutive day.
We exited one holding, and added to three others, upgrading one of them along the way.
Let’s scan through the headlines for the stories of the week that speak to our Pro Portfolio holdings.
Renewed Gulf hostilities, new Trump tariffs, Bessent testifies and other headlines are moving stocks this morning.
U.S. and Iran trade fire over the weekend, Nvidia unveils a new super chip, and Jamie Dimon says exuberance ain’t so bad …