the Yuppie Pig

I got stopped out of HOG as it made new highs this morning as I guess everyone has money for new motorcycles. I just don't see this as an early cycle name. It's more of a late cycle excess consumerism name. Either way, stopped out for now.


I started a short on WYNN right at the end of the day, as gambling is definitely not early cycle! This looks like massive short covering, and its now right up against resistance. I'm willing to take some pain up to 33ish.


And IYR - just not early cycle. They're still closing down stores and consolidating. This doesn't help commercial real estate.


Ok, ANF is early cycle. I'm short this name, and will cover on a break higher.


I'm also looking at a slew of names to buy on a dip so despite my bearish views on all the above, there are things that interest me.