NASDAQ:EMB
As a way to get exposure to the China housing debacle.... I go over my chart on a new position I opened that has relatively low volatility considering the weight of exposure it may have to the chinese housing collapse.
We have all heard the stories of people getting in trouble shorting Tesla. That was in the middle of the bull market. We are not in a bull market anymore. But Tesla still may not be the best short, this week. And here is why.
Dell has been on the down for a year, now they are really going down. And they are still doing stock buy-backs. The stock is way too high. Dell will be the main stock dragging down the XLK ETF for the next two weeks, and the next two months. They could get in serious debt trouble here.
Dell is my number one short position with out-of-the-money put options into June.
