Another long-term short that got away from me was Cleveland Cliffs (CLF). I featured its chart many times, and the prophecy certainly came true.

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Another long-term short that got away from me was Cleveland Cliffs (CLF). I featured its chart many times, and the prophecy certainly came true.


Mondelez (MDLZ) was up today (which makes it a freak), so I shorted a huge block of it. That broken trendline is just what the bear doctor ordered.

Wow. Just a good hard look at SOXL, the leveraged long ETF for semiconductors. I guess this explains why we haven’t seen Jensen Huang’s idiotic arm tattoo in a while, huh?

The funny thing about these leveraged instruments is that, a few months ago, you could have bought both the ultra-long and the ultra-short, and they’d BOTH be wipeouts.