I think a financial blogger somewhere mentioned Foot Locker (FL) as a short idea dozens of times, but I can’t quite………oh, wait. That was me.
I’ve been peeing on Pier One on this blog for years, because my view is that it’s simply aping its collapse back in 2007/2008. So far, so good. Firm support is at $0, and until then, scented candles,throw pillows,and other useless bric-a-brac await. How many bamboo back scratchers does the world really need, anyway?
As I make my way to Copenhagen, I wanted to offer up a post with enough charts to allay my blogger’s guilty for a good long while, because Wednesday is going to be largely “shot” for me. I’ve got a ton of short positions, but I decided to hone in on my favorite sector now, which is retail. Here are y sixteen live short positions, courtesy of SlopeCharts: