10 Comments
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Will's avatar

Extremely informative article! You have been on fire lately with content.

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David Cervantes's avatar

Thanks! Spread the word!

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麦田 Rye's avatar

Thank you! Very clear article. Also, David, do you think there is a possibility of spreads expanding recently? I went short on HYG and didn't make any money, just closed the position. I'm a bit disappointed. Haha.

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David Cervantes's avatar

HYG is both credit and interest rate risk. Rates went up last 2 weeks.

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麦田 Rye's avatar

I got it. Thank you for your reply. Have a great weekend.

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David Cervantes's avatar

Go to bed bro.

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Paul Douds's avatar

I got smacked around by microcaps in March. You know, the carefully screened ones that show a high degree of profitability. Shoulda known better than to buy that line.

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David Cervantes's avatar

Sry to hear. It’s part of the tuition.

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Neo Patel's avatar

Nice! Thanks. Staying away from IWM.

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David Cervantes's avatar

Dogshit bro.

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