Like the Psychopath-in-Chief said, I’m getting tired of winning………here are a dozen of my favorite short positions right now:
The Dirtiest Dozen
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
A Case of The Reds
It feels like we haven’t had two back-to-back down days in the market for ages, but we might just get one today. Let’s first take a look at overall momentum.
The /ES, shown below, blasted off like a SpaceX rocket after Liberation Day (first arrow), then its ascent began to mellow (second arrow) and, most recently, seems to have mellowed into a virtual flatline. The failure of the most recent trendline is also an important tell that things are weakening in equity-land.
Thanks, Alex!
Palantir will announce earnings after the close. I decided earlier today to take my substantial profits from my PLTR short, mainly because it’s been beaten down to the lower portion of a wide range. Don’t get me wrong; I’d love to see Krazy-haired Karp get blown to smithereens after the close, but the risk/reward doesn’t work for me anymore.
Click Clack
As I stated earlier, today turned out to be really terrific, in stark contrast to my expectations. After the close on Thursday, I was also relieved to see that Apple’s huge price pop was completely zeroed out, and now it’s just flopping around. I guess maybe people have stopped upgrading their iPhones every week.
