Ok, the stock market has bounced. Now what?

Well, now that the bounce feels like it's running out of a little steam, it's time to scan the universe of stocks that have been underperforming and had tepid bounces (at best) during this week's counter-trend rally.

Today's stock is one of the laggards in the semiconductors space.

Last week, I floated a thought: I wouldn’t be surprised if we soon saw an executive order banning short selling coming out of the White House:

Well, it hasn’t happened—at least not in the official, legislative sense. But today my friend Howard Lindzon tweeted something that really hit the nerve I was feeling:

This begs the question: Has Trump essentially implemented a “shadow ban” on short selling, just by threatening to tweet?

Think about it.

We’ve seen this movie before. In 2008, during the depths of the Great Financial Crisis, regulators issued a temporary ban on short selling for 799 financial stocks. It was a desperate attempt to stop the bleeding and restore confidence in the system. But the results were questionable at best. Liquidity dried up. Volatility spiked. And many argued that the move did more harm than good by signaling panic.

Other countries have tried similar moves over the years—especially during periods of extreme stress. France, Italy, Spain, and South Korea all...

In today’s Daily Digest, we’ll review the following:

1. No new positions today.
2. Rolled GLD position to June options.
3. No exits since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!