I, Who Hate Shorting, Just Shorted The Entire Stock Market. Here's Why

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: Jun 21 2020

0mins

Source: Newsfilter

Personal Experience with Shorting: The author expresses a strong dislike for shorting stocks, citing a poor risk-reward relationship and past losses from shorting high-flying stocks in late 1999.
Current Market Sentiment: The author believes that the current market is even crazier than it was during the late 1990s, making shorting particularly risky.
Recent Trade Decision: On Friday morning, the author announced they shorted the SPDR S&P 500 ETF (SPY) with a time frame of several months for this trade.
Intended Audience Reaction: The author shares their trade to entertain readers and anticipates being criticized as foolish for shorting during a significant market rally.
Contextual Reference: The commentary reflects on the author's perspective on market conditions and personal trading strategies, emphasizing the challenges of shorting in a volatile environment.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.