I'm old enough to remember last Thursday (3 trading days ago) WHEN I was covering-SOME of my US Index Shorts (SPY and IWM) on red (see RTAs for timestamps)... 

Coaching Notes;

1. Does today's 10 basis point surprise in CPI change our Full Investing Cycle Short position we've had in the Russell 2000 since Q1 of 2022?

2. A: Nope

3. If anything, it means LESS pricing power (Revenues) and compressing margins for the companies (a smaller % than IWM has had historically) of Russell 2000 companies that actually make money

Timing matters, especially against the emotions of chasing crowds,


  • trade
  • trend
  • tail
Average Cost Basis
Close Price
Realized Return