Welcome to another day of lifetime highs for equities, courtesy of Jerome “I’m doing it for the little guy” Powell. I have 45 short positions, 43 of them in the green, and 2 of them in the red. Those losses are 0.2% and 0.1%, so pray for me. My standout, pre-market, is Bed Bath and Beyond:
I entered this short since the stock has been cratering for years now. Note the massive topping position above the horizontal. More importantly, note the persistent series of lower highs I’ve circled in red. This fella could get Pier One’d by the time it’s all over.