Continuing along with the list of stocks I introduced in my Goldilocks post, here are my other eight short positions:
Snow Red
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Goldilocks and the Bears
You know the drill! Below are half of my current short positions (the other half will be in a subsequent post). I’m still quite light – only a 62% commitment level – in light of the nearly daily occurrence of lifetime highs on major indexes.
Time to Short China
I’d say a short of FXI with a stop of 37.75 is a pretty good risk/reward bet now.
Just Do It?
I hadn’t really considered Nike (NKE) as a short, but the surge after-hours looks like it’ll push the stock to a beautiful gap-seal. Let’s see what Friday holds before moving forward!
Iceblink Luck
Now that I’ve saved my ancient Cotons from being consumed by Duke the Thug Puppy, I’ll share this tidbit: this morning, pre-market, I had a knot in my gut that, once again, the /RTY would just rip higher and join the /NQ and /ES in their green party.
