On Friday, the stock market was more expensive than at any other point in human history. My portfolio has eight positions, all of them bearish. And, paradoxically, every single one of them is profitable. That’s encouraging to me, for obvious reasons. Here are a few words about each of them. I show the first two to everyone and the final six to paying subscribers only.
![](https://slopeofhope.com/wp-content/uploads/2024/06/slopechart_APA-640x336.jpg)