As impressive as the S&P 500 chart looks for the bulls, in the context of the broader market, it means just one thing to me: better prices for shorting.
Pfft. And for once I thought the earth had found a politician who was bold and firm. What a joke! This guy was able to defy authority by defaulting for literally a few hours. Then it’s all back to kicking the can down the road.
As impressive as the little chart above looks for the bulls, in the context of the broader market, it means just one thing to me: better prices for shorting. Which is just what I’ll be doing today.
This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural observations or other odds and ends strike me as worth writing about. So I take absolutely no responsibility for the losses – or any credit for the gains – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Please note I am the principal of Tim Knight Organization, LLC, a California-registered investment adviser. The content of the postings and investment strategies and discussions provided herein do not necessarily reflect the views, opinions or policies of Tim Knight Organization, LLC and Tim Knight Organization, LLC makes no warranties regarding the accuracy of their content or their completeness.
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