Update on our Short S&P 500 Position

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Update on our Short S&P 500 Position

So far so good on that short S&P 500 position we initiated Wednesday afternoon via the futures market.  We had a beautiful nosedive in equities yesterday – it was truly breathtaking, really – followed up by a somewhat muted rally that didn’t get going until late in today’s trading day. Heading into Thursday’s trading, the […]

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Why I Just Shorted the S&P 500

Regular readers know that I’ve been anxious – TOO anxious – to short the S&P 500.  The reflation rally was determined to “end when it ends” – and not a moment sooner. Although we are still trading above the magical 200-day moving average, I have to believe that the odds are that the current trend […]

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