CBL & Associates is one of those short ideas I mentioned so often here on Slope and on tastytrade that I got embarrassed to mention it again. Here’s just a small sample from the past few months:
This one is doing terrific, and I think its best (that is, worst) days are yet to come.
I’ve lost track as to how many times I’ve suggested CBL Associates as a short – – I think something like eight thousand times – – but it continues to perform marvelously, and I expect much greater losses (AKA profits) to come.
The following monthly chart of EUR/USD shows that the Euro has risen to a resistance level (1.2500) at the upper edge of a downtrending channel that began during the 2007/08 financial crisis. Its next resistance sits at 1.3055, a major Fibonacci resistance level taken from the 2000 lows to the peak prior to to the financial crisis. Fibonacci support sits below at 1.2134. […]
The entirety of 2018 has been paradise for bulls. Triple-digit gains on the Industrials every day. Not a single down day – – not one! – – for the Dow Transports. No bad news, either political or financial, shakes the market.i Steadfastly contrarian soul that I am, I present to you a smattering of shorts which, […]
As God Intended……..