Does anyone have any suggestions on good shorting candidates at this time?
If you believe in a coming recession that hits average middle class americans and below, consider low-end retailers..
I'm waiting for a dead cat bounce in the equity markets, and then I think I'm going buy put options for walmart, Home Depot, Lowes, target.
I guess I'm contradictory, because I'm long on other sectors like technology…namely, because the crap corporations are using these days are so outdated, it needs to be updated some time in the future imho. Companies have penny-pinned IT departments way too long to the point that the operations are starting to hurt now..The hardware in most companies are long overdue imho. People are starting to notice…We, for example, are going to be spending more on hardware this year since we haven't spent so long.
