I can’t think of any better theme song for the three equity bears left on the planet. Every single word is true.
Lumbering Lennar
I’ve written about homebuilder Lennar many times here on Slope. It’s moving slowly, but it’s definitely moving the right direction. I believe this could be a great short position for many months to come.
Financial Gap
The explosive move higher by financials, represented below by XLF, may offer a new short opportunity. We are very close to sealing an important price gap. I just shorted this with a stop-loss at 55.25:
Charts and Dividends
I solved a mystery this morning, and I wanted to share my deduction with you.
This has to do specifically with my own SlopeCharts platform, the tastytrade platform, and the symbol BITI. Here is what BITI looks like on tastytrade:
