I normally don’t short. Why? Shorting is asymmetric because theoretically your downside is unlimited, while your upside is capped. I have been burned in the past as some of my shorts like GoPro, Zillow, Mannkind, Zulily, and NuSkin decided to all go up for no apparent reason. That’s the problem with shorting. However, as a […]

Read more "The Aussie Housing Market is Royally Screwed"

Ok, so API oil inventory data came out last night, and things looked like crap. WTI and Brent futures fell off a cliff post release, and I thought, “Well, the pain continues in the oil markets.” Interestingly, as of this post, oil markets are up. EIA data came in like this. Things actually didn’t look […]

Read more "The Craziness of the Oil Markets"

“Buy when there’s blood in the streets, even if the blood is your own.” ~ Baron Rothschild. “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful.” ~ Warren Buffett Easier said than done, and for most that have experience in the markets, you know how obviously difficult this is. Pain Capital is […]

Read more "What is a pain trade?"