Fundimentals?

I simply do not believe this rally on 7 rate hikes and declining margins and revenues due to higher commodity prices will continue. That being said considering how risk tolreant the market has been I will still hedge with some longs in case markets decide that despite recession and stagflation risk $S&P 500 Index (.SPX.US)$ should have an avergae PE of 19+. Its honestly beyond me why markets are rallying this much on such weak fundimentals but yea never try and argue against the market for it can remain irrational longer than you can stay solvent. To all my bear family out there yes today may have been a bad day for us but I hope you guys have a great weekend and I hope to see you all again on Monday!

Disclaimer: Shorting is very risky and geared more towards professionals. Markets (US) tends to only move up in the long run but short term fluctuations due to market uncertainties can cause temporary pullbacks. Shorting is a great way to hedge against your long positions during these uncertainties. However unlike holding longs, holding onto short positions can be very risky. Unless you are a day trader or have a crystal ball I highly suggest inexperienced investors against shorting.