I got a bit of a jump-scare yesterday afternoon after the market closed and one of my shorts, Costco Warehouse (COST) leaped suddenly higher. We’re not in earnings season, so I was wondering what on Earth was happening. It turns out that endlessly gluttonous Americans, bless ’em, just keep scarfing down Costco wares, and they reported very strong sales from their stores. I figured this position was a goner.





