I’ve been describing this as a “stock picker’s market“. What do I mean by that? Well, here’s one of my portfolio’s at the end of Friday:
Today the /NQ closed up hundreds of points. The /ES and /RTY were both green. So was the /YM. It was a totally bullish day. And yet my 100% short portfolio made money. How?
Because my lovingly-chosen picks defied the market and fell harder than it rose. This also means that on the one or two days a year that the government allows the market to fall, my picks will absolutely scorch the earth.
So that’s what I mean.
