Friday, October 28, 2022

Added to My Shorts

Added a little to my shorts in the past 2 weeks:

My short position has also increased due to the bear market rally.  Will add a little more if it continues.  SPY is up 11% now, a 20% rally would be normal.  Wild swings in the market and the value of my short positions:

Still holding them.  At least till December.

Fundamentally, I'm not seeing anything to buy yet, except energy.  China/HK is out due to political risk.  Rising rates, a recession and an energy crisis fuck up lots of things.  Good quality companies are not yet cheap enough that I'd stick my hand out and catch a falling knife.

No comments: