I mentioned cinemas repeatedly as short candidates well before COVID hit the scene. It’s almost like the theaters knew what was going to happen before it did.

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I mentioned cinemas repeatedly as short candidates well before COVID hit the scene. It’s almost like the theaters knew what was going to happen before it did.

Few sectors have been as disastrous as marijuana, which the likes of James Altucher were touting as The Next Big Thing. These charts were from the weekend; they don’t even capture the additional carnage.

I get itchy without a single short. It’s just not natural. So I found one: bonds! So besides my handful of long positions, I’ve got a single short, TLT, with a stop-loss at 161.63.

Soooooooo………as I told my premium folks, I sold all my puts this morning, after the second halt, and I covered all my shorts too. You read that right. Tim the bear doesn’t have a single bearish position,. Not one.
I do, however, have longs. Not many,; just a few lovingly-chosen ones. They’re all well into the green already. Let’s see if it sticks. Maybe for once I nailed the timing, eh? Maybe. I’m feeling a tremendous bulge about it.

Lord knows the world has been subjected to a mountain of craptastic come-ons from the smarmy world of cryptocurrencies over the past few years……