Yeah, yeah, I know. Record highs. NASDAQ zooming into the stratosphere. SNAP is going to be a blowout IPO. And so on.
Me? I’m focused on my own shorts, thank yew. More and more, it’s all about the energy shorts. Happily, the XOP just broke.
On Monday I started accruing a sizeable position in my IRA account of Direxion Daily Energy Bear 3X Shares (NYSE:ERY), the triple-bearish fund based on energy stocks. So far, so good.