Hey guys,
It’s times like these that you’re super happy to have short positions on at all times. Because what happened Tuesday reminded me of the fact that we’re doing the right thing with this strategy…
If you wake up at 4:30 in the morning like I do, U.S. futures were about 1% higher. Then we had a CPI print that showed super hot inflation, and by 8:30 a.m. EDT, stocks took the elevator down — a 4% move from when I woke up to the open.
But when you have shorts on like we do, it saves us. Let’s discuss…
LFG!