I’m not going to do any videos this weekend. 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 the selections:
Penske Automotive Group Inc (NYSE:PAG)
NuStar GP Holdings LLC (NYSE:NSH)
Murphy Oil Corporation (NYSE:MUR)
LyondellBasell Industries NV (NYSE:LYB)
Liberty Global PLC (NASDAQ:LBTYA)
Lazard Ltd (NYSE:LAZ)
Hess Corporation (NYSE:HES)
The Goodyear Tire & Rubber Company (NASDAQ:GT)
Group 1 Automotive Inc (NYSE:GPI)
Endologix Inc (NASDAQ:ELGX)