Mean Reversion
www.eliantcapital.com
Eventful week so far with mostly mean reversion into big demand zones on many names and the overall markets reacting right off August 2022 highs for SPY 0.00%↑ to finish up 1% on the day. Was careful to be bearish as didn’t really see a reason too, controlled selling on the way down with $VIX down with the markets makes it harder to short as premiums can go down …