The Pain Trade - Part II
Is it happening?!
On Wednesday, most of the names mentioned in “The Pain Trade” were up +4-6% while Nvidia closed down -1%. None owns the former, everyone owns the latter. That’s the Pain Trade right there: Consensus Longs go down & Consensus Shorts go up!
Does this “Rotation” have legs? Lets see what triggered it first, and then discuss a key catalyst that once again got missed…
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