I’m not going to do any videos. Instead, I’m going to share a portion of the positions which I am presently short. Everyone, and I mean everyone, is crazy-eyed bullish (from Dennis Gartman to Elliott Wave International), and the VIX has been banged down to the lowest level in years. If this is a bullish formula for you, terrific. For me, I’m keeping the ursine faith. Here are Saturday’s selections:
Energen Corporation (NYSE:EGN)
Devon Energy Corporation (NYSE:DVN)
Delta Air Lines Inc (NYSE:DAL)
Carpenter Technology Corporation (NYSE:CRS)
Comerica Incorporated (NYSE:CMA)
CBRE Group Inc (NYSE:CBG)
Sotheby’s (NYSE:BID)
Anadarko Petroleum Corp (NYSE:APC)
ALPS Alerian MLP (NYSE:AMLP)
Apollo Investment Corporation (NASDAQ:AINV)