Dumb Money Shorting? Corona Del Mar, CA   Hey ,   I love me a good conspiracy story.   If you're a baby boomer, the JFK assassination turned A LOT of people into conspiracy factists (rightfully so).   For Gen X'ers, it might have been 9-11.   And of course the past two years...well...just follow the money.   Now lately there's been even more crazy stuff going on...Russia/Ukraine, food plant fires, the great reset, uptick in insurance claims, heart attacks, money pox, inverted yield curve, a decline in the birth rate, CBDC's...even talk of UFOs in congress.   I get it. Confusing as hell right?   But none of that factors into my trading, and I suggest you don't let it interfere with yours.   Here's the skinny...   The COT report shows that small traders (dumb money) in the ES emini are not just selling...   ...they are selling short.   Here's incontrovertible proof: You see that?   Nearly 40,000 net contracts sold short.   That's 37,943 net contracts short * 50 * 3905 = $7.4 billion   It's very likely this group will be wrong as they usually are.   I've been hearing the "C" word lately. Collapse.   Empirical data suggests the opposite.   Quant traders like Jim Simons have their best years when the volatility picks up like it is now.   Our TAP Income strategy (which trades ETFs and inverse ETFs) is up 18% on the year, while the S&P 500 is down -17%.   Your average trader?   They typically have their worst years because they don't have a roadmap of what to do.   They react to every news article nervously...like a two tailed cat trying to navigate a rocking chair factory.   I've been trying to find positive news for ya...   ...that's why I'll remind you that they were able to kick the can down the road after the 2008 meltdown.   And I'll remind you that trillions were just printed.   And how McKinsey is talking about printing $275 trillion for the global warming scam.   Imagine getting a piece of that money pie though.   Enjoy your weekend!   P.S. TAP Income is currently closed to new members.   If you'd like to get on the Early Bird notification list, I'll let you know when we re-open...that way you can have a sound approach at consistently profiting in stocks, bonds, gold, commodities...up or down.   Click here to add your name to the Early Bird list >>   Trade smart,   Dan "Prince of Proof" Murphy                           Portfolio Boss, Inc. 260 Newport Center Dr, Suite 100 Newport Beach, CA 92660   Don't want to stay in the loop with Dan? We'll be sad to see you go, but you can unsub to no longer receive emails.   Government required disclaimer: The results listed herein are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under (or over) compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed.