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Time For a Big “Bear Hug”…and Some Fat Profits

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After last month’s market bloodbath, a lot of investors bet against stocks by piling into short positions. Why? Because they thought we were finally looking at the big one-- the much-predicted market correction that would send stocks reeling. But they were wrong. That deafening silence you’ve been hearing is the sound of stocks not crashing. In fact, the major averages have pushed towards new highs. So anyone with big bets against stocks is sweating bullets right now. And the higher stocks go, the more lead will be oozing from the pores of short-sellers. Greg Guenthner explains…

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