The Russell is up nearly 3%, leaving entrails and a path of blood strewn with the remains of short sellers in its path. It was over before it started and now it’s just getting worse for them.
I advise you strongly to cover shorts now and BEHOLD the GRANDE DICKED RALLY of 2023.
It doesn’t have to make sense. Quit being so logical.
As for me, I am KEENLY positioned in and out of these IWM type stocks, Chinese burritos and the like. I am +120bps with 82% cash, deploying cash tactfully and with honor and grace.
Presently I am long BTC, GDRX and FUTU.
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