Etoro U.S. investment analyst reveals why 2023 is the year of 'portfolio purgatory' on 'Making Money.'The decline in stocks in 2022 made money for short sellers, who are on track for their first yearly gain since 2018, according to a report from analytics firm S3 Partners.The short sellers have logged $303.7 billion in realized and unrealized gains, a fourfold increase compared with 2018, their last profitable year.The math breaks down to a 31.
led the way in terms of dollar gains, with investors seeing $15 billion in realized and unrealized profits on some $19.3 billion of shares sold short. Other top winners for shorts include Amazon, Meta Platforms, Apple and used car seller Carvana Co.
What stock or ETF did they short or did they get insider info right from the Fed about the $SPY zigging and zagging or BTC
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