And July was even better [so far...] as shown in the chart below. This is an ETF, the UltraShort Financials ProShares (SKF), that corresponds to twice (200%) the inverse of the daily performance of the Dow Jones U.S. Financials Index, in other words - a way to be short without being “naked” short. Don’t expect the SEC panic rule to achieve much, always a step behind…

Short sellers have best month in more than 7 years:
It’s an emergency! The SEC’s endangered species list

Longer data range with a few reference points:
1: Kerviel panic, fed cuts 75 bp
2: Bear Stearns (BSC) panic

Jean-Claude Kommer

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This article has 2 comments:

  •  
    Jul 17 04:59 PM
    Short-selling the financials because of new SEC regulation and fundamentals? Check out this article- mention C, BA, and WM

    www.greenfaucet.com/tr...
  •  
    Jul 18 02:23 AM
    what is the point to mention when june had already over?

    is October a month to short also ?

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