In this week's episode, sprocket888 and viperxl007 look at shorting stock. sprocket discusses how this year has been challenging as the markets have been on a march seemingly to zero. The trend all year has been bearish, which is quite a change from previous years. There are calls to simply "short" stocks in a down-trend market. However, this is not as easy as it sounds for sprocket. This episode explores his struggles with the concept and viper gives some pointers on shorting and helping demystify when it might be an appropriate time. The section towards the end has a great segment about the current price action WHERE we should be looking for shorts.
- 00:00 Disclaimer
- 00:17 Intro
- 01:18 sprocket has had a rough 2022 as the market seemingly is headed to zero
- 02:33 What exactly is a 'short'?
- 03:36 sprocket talks through his mental block when it comes to shorting stocks
- 07:48 Fear of shorting is a widespread thing
- 09:49 What is a 'short squeeze'? sprocket explains
- 13:00 Let's take a look at a short in $ETSY
- 18:05 In a massive short squeeze, you must be careful of market halts, a look back at $GME
- 22:02 Know the underlying market trend before you look for longs or shorts
- 25:18 When do we judge the market has turned?
- 31:22 viper explains when we switched from a long-term bull to a bearish trend most recently
- 36:05 Where in today's market would you start looking for shorts?
- 41:11 Conclusion: sprocket is willing to take another shot at shorting
- 42:41 Outro
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