SSS - AMZN Update
Since we did disclose yesterday that we had a short position in AMZN, we thought we should be nice and disclose that we have covered the position. This pullback in the general market is helping to identify long situations that are acting much stronger, hence we prefer to use the market's feedback here to deploy on the long side, as Portfolio Simulator Dude has also done. Silver and gold remain weak sisters here, so we are not interested in these as long ideas. We like stocks.
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