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Out of dozens of short positions, my second most profitable one is, paradoxically, a stock grinding around at lifetime lows which I shorted after it had already lost virtually all its value: Brandywine Realty Trust (BDN), which is sporting daily price bars that I wish were commonplace but are instead exceptionally rare:
I’m only an hour into the trading day, and it’s been quite a party so far. I have ramped up from medium-aggressive to hot & heavy, taking advantage of this morning’s ceasefire strength.
Hello, warfighters and ceasefire fans!
We awake to another trading day as this war approaches the completion of its first month. Just after the close yesterday (naturally, in this carefully-time government/market joint venture), word spread of a one-month ceasefire, which spiked asset prices. As you can see, the entire night was a grindfest with some clear doubts about the longevity or even veracity of such conversations.
