Where did all the Bears Go? Uh oh...

JC Parets
June 3, 2021

The greatest trick the market ever pulled was convincing growth investors that they weren't in a bear market....

You can really see it in this week's AAII Poll, which shows the FEWEST amount of bears since January 2018.

One thing I've learned, is that when the bears run out, the market has a funny way of creating some:

With this much optimism among individual investors (and lack of pessimism, if you will), it continues to be a great environment to short stocks, particularly techy growthy ones.

Remember that cute story on the cover of the New Yorker with the family leaving the house to go to the big city? It's the most optimistic cover we've seen in over a year. We love shorting that and fading their optimism. See: Short The Nasdaq

Give the people what they want - your shares!

Let them hold the bag.

We refuse to.

Always remember something. There is a huge community of "investors" who love holding bags. They're late to the party and prefer to point fingers afterwards instead of worrying about themselves.

There's nothing they love more than holding bags.

I say give it to them.

I'm happy to do it. Are you?

Let us know!

JC

 

Also See:

Short The Small-caps

Short The Nasdaq

Raising Cash

Short Their Optimism

Shorting Apple

 

Filed Under:
ASC