I’ve recently been shorting from the list of stocks that I told myself I would never, ever short. For instance, I shorted decent-but-not-that-great burrito-maker Chipotle this morning. Why? Well, the earnings risk is certainly out of the way. That pop has a good chance of deflating at least down to the breakout point.
As I mentioned last week, I shorted Tesla for the first time in my life. I’m up nearly 3% on it. It’s a pee-wee sized position, but…………so far, so good:
