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Rick is putting some shorts on the E-Mini S&P

Cory
November 27, 2019

Rick Ackerman joins me today to share a recent trade he is taking going short on the S&P. While he does not think this will be “the mother of all tops” but for how far the market has run without any sort of correction he thinks now is the time. We also discuss the VIX which continues to trend lower and the speculators build on there historic level of shorts.

Click here to visit Rick’s site.

Discussion
4 Comments
    Nov 27, 2019 27:48 PM

    While I’m not shorting the S&P, I did move to the sidelines today. Stretched too far above the moving average. Thanks Rick.

      Nov 27, 2019 27:06 PM

      Good job. Much better than Gary Shilling who told investors to short the S&P 500 back when it was down around 2895. Anyone who took his advice lost over 8% so far.

      https://www.youtube.com/watch?v=bL1EuhFS_u4

    Nov 27, 2019 27:11 PM

    Margin Call Chaos: Hong Kong Stock Plummets 75% In Minutes

    https://www.zerohedge.com/markets/margin-call-chaos-hong-kong-stock-plummets-75-minutes

    Nov 27, 2019 27:17 PM

    Paul Pelosi, Jr. faces allegations of abuse, fraud

    https://www.youtube.com/watch?time_continue=5&v=gMCgw4XvvbE