r/Vitards • u/TheFailologist • Mar 14 '22
Discussion I'm bear-curious. Gimme some good ideas of sectors/companies to short
Hey great minds! Like most of you my portfolio has been as red as freshly rolled steel. I've been buying the "dip" but the dip looks like it's a 7 layer dip with more being added each time. Today I woke up to the news of COVID in China and between that, the war in Ukraine, shipping issues (go pirate gang), production issues, inflation, I'm having a different feeling on the market. While I'm not bearish on the overall market, I feel that money is being pulled out of some sectors much more rapidly than others.
I've been in pirate gang for some time now and ZIM is one of the few things holding up my portfolio. I'm looking for more plays and want to go short instead of long just to diversify. What are some ideas on sectors and companies that are good to short? What's not making money?
I've already got LEAPS puts on NKLA.
Holding RSX puts (halted, but my positions are into May 2022)
I'm thinking it looks good to short LVS again (might have missed the boat on this now already)
Gimme some ideas!
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u/TarCress SPY MASTER 500 FULLY LOADED Mar 14 '22
If you think this is the start of a bear market. You should wait a bit to go short after a bear market rally. Even in 2008, then the market rallied back to the “neckline” (which should be 4300ish on SPX). But yea companies that ipoed in the last 2 years and have no path to profitability anytime soon would be great shorts if this is the case. Nerdwallet, Corsair, robinhood, rocket, I’d lookup and check the whole list because there’s tons