Nasdaq short update
My July "Fade the hype" article was a literal top tick of Nasdaq futures
![Nasdaq short update](/content/images/size/w1200/2024/05/4a4f5aef-ca9d-43f7-b302-0242a26d5421_1080x582.png)
![](https://calvinfroedge.com/content/images/2024/05/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f78bbf3ea-0c77-40e6-84b9-220329a55cd6_1080x629-png.jpg)
I've got about 20% of my portfolio sold short as Nasdaq futures, so this has been fun.
More to go. Rates are staying high, oil is getting tight, and the broader market remains extremely historically overvalued.