|Day Low/High||17.32 / 18.80|
|52 Wk Low/High||13.37 / 76.85|
It is also interesting to note that on Thursday my portfolio of shorts (Sleep Number , Digital World Acquisition , Starbucks , C3Ai , Lightspeed , Carvana , Robinhood , Roblox , F45 Training , Carnival , Royal Caribbean , Ginkgo Bioworks , Roku and ...
* My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. This column is a continued commitment towards that sort of disclosure. "Wh...
* TINA ("there is no alternative") is dateless - but her popular cousin CITA ("cash is the alternative") is enjoying the prom As I have previously written, the market's averages have been lying to investors - as the Indexes are disguising serious d...
In the interest in transparency, here is a list of positions I have mentioned in my Diary that I am either long or short. Note: This is not a full list of my portfolio's holdings: Longs: , , , , , , , , , , , , , , , . Shorts: calls, calls and puts...
Here are my previously mentioned shorts: calls and puts, calls, calls, calls, calls, calls, calls, calls, calls, , , , , , , , , , , , , , , and .
* It is time for action, not inaction * Volatility brings opportunity I was very active Thursday afternoon: Short Covers - Robinhood , Royal Caribbean , Carnival , Morgan Stanley , C3.ai , Bank of America (partial), Wells Fargo (partial), Delta ...
- I have covered the balance of my short at $95.95. - I have covered the balance of my short at $22.42.
A new short, C3.ai, Inc. , is trading down by nearly -10% today, and I'm taking in half of the short. And, I am covering most of my short now at $12.34.
I initiated a new short today. Adding to and at $117.77 and $294.25, respectively.
The selloff in speculative tech names likely has further to go. But other tech names could still do well as markets rotate.
The rebellion against concept investing I think is not done but it will be if we get twice the GDP growth than we have had.
Long-term investors need to understand that an over-reliance upon tracking funds will ultimately exacerbate volatility, and once everyone is standing on the same side of the ship, destabilize financial systems.
IPOs will continue to suck up more liquidity, but it appears that buyers are lurking under the surface and are just waiting for some entry points.
While many companies are cutting their dividends, others are holding strong and some are poised to see increases. Here's how to spot the good opportunities.