That’s pretty much the story! I’ve got a stop-loss at 135.20:

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That’s pretty much the story! I’ve got a stop-loss at 135.20:

Yes, yes, I know. Insert joke about Brendan Carr and Stephen Miller {here}. I get it. But seriously, this is a trading idea. It has to do with Dicks Sporting Goods (DKS) which has been hammering out a massive (yet incomplete) H&S top for an impressive eighteen months.

Following yesterday’s completely pointless 25 basis point drop in rates, markets around the world continue to rally to lifetime highs. The /NQ, shown below, is once again up triple digits based on nothing more than, well, months of momentum.

Even while the NQ is once again at the highest level in human history, 15 out of my 20 short positions are down today. Here are five in particular I wanted to highlight:
