There’s a scene in the movie, “The Big Short”, where Brad Pitt’s character berates his two partners.
His partners are parading through a Las Vegas casino celebrating shorting the market.
“Don’t dance! You just bet against the American economy. If we’re right, people lose homes, jobs. For every 1% unemployment goes up, 40,000 people die, did ya know that?”
Right now, there’s a lot of talk (again) about “short selling” in the market which is driving interest in the meme stocks like AMC, GME and others like we saw in January.
But I have a harsh truth for these traders trying to stick it to the short sellers.
I share my views in 6 minutes on this brief video here.
P.S. I also break down a chart of a popular tech stock to show you the proof.
