Last Week I Gave A Stock to Buy: Here’s One to Sell

Last week, after I wrote a piece recommending buying a BTU, a coal stock that is risky by nature, several people I know declared themselves somewhat confused. They knew from earlier conversations that I am expecting at the very least a “summer swoon” for stocks and believe that a recession before the end of the year is a real possibility. Why, then, was I talking about making a short-term risky bet on a stock that had little, if any long-term upside? What I told them was that that bearish outlook is the very reason why, right now, I…