Now It’s Clear Why U.S. Bears Kept Shorts at Highest in 4 Years

Bloomberg-News

Jeff Sica was quoted in Bloomberg. To read the full article, please click here 

“With what’s going on in China, short interest is going to continue to grow. And as time goes, more will pile on because traders need a way to make money, and the best way to do that now is to be on the other side of the market.”

Bloomberg

Jeffrey C. Sica is the President and Chief Investment Officer of Sica Wealth Management, LLC (“SWM”), an SEC registered investment adviser that maintains a principal place of business in the State of New Jersey. The information presented herein may not be suitable for all investors, and no portion of this commentary is to be construed as a solicitation to buy or sell a security, or the rendering of personalized investment, tax or legal advice. Past performance does not guarantee future results, as there can be no assurance the views and opinions expressed herein will come to pass. Investing involves risk, including the potential loss of principal. Please consult a financial professional prior to investing.