Short Dicks

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Yes, yes, I know. Insert joke about Brendan Carr and Stephen Miller {here}. I get it. But seriously, this is a trading idea. It has to do with Dicks Sporting Goods (DKS) which has been hammering out a massive (yet incomplete) H&S top for an impressive eighteen months.

I just shorted this with a generous stop-loss order at 232.75.

I like how this stock has a tendency, historically, to top and drop. Let’s see (and hope) if it plays out the same this time.