Going Short

FWIW, I purchased $FAZ and $SQQQ in the pre-market this morning. So technically, I am shorting the financial sector and the general market.

As of 10 AM, this was not a good idea.

As of 11 AM, the same.

So my $FAZ purchase lost 3.82%. $SQQQ lost 1.41%. We'll see what tomorrow brings. No matter what happens they will be sold on Tuesday.

Author: joe