| Prev Close | 122.03 |
| Day Low/High | 121.42 / 126.35 |
| 52 Wk Low/High | 49.40 / 136.88 |
Blackstone Inc. (BX)
123.03
NYSE
| Exchange | NYSE |
| Shares Outstanding | 1202.61B |
| Market Cap | 146.75B |
| P/E Ratio | 57.04 |
| Div & Yield | N.A. (N.A) |
Latest News
More Short Covering
I have covered half of my Blackstone and KKR & Co. shorts at $117.74 and $59.80, respectively.
Today's Trades
* Bought and . * Covered and shorts. * Covered SPY short puts and added to short calls. * Shorted , , , , , , and .
Evergrande's Troubles Leave Unbuilt City the Size of Los Angeles
There are homes that could house an urban population of around 4 million now under construction by Evergrande alone.
Short Moves
I am covering a portion of my positions in the following shorts now: , , , , , , , , , , , and .
Liking Blackstone
One of my favorite financial shorts is Blackstone : * Exposure to China * Exposure to Real Estate * The new issue market may be closing. * Private equity firms are basically leveraged longs.
Hong Kong Market Tanks as Evergrande Property Scare Broadens
The broad Chinese property sector, the mainland's largest single industry, is selling off in Hong Kong as investors try to work out which will be the next domino to fall.
Macau's Casino Stocks, Near Record Lows, Face Specter of Tough License Reviews
Macau's gambling empires will undergo government reviews that likely will end with different degrees of bad for U.S. operators.
Fear and Loathing on Wall Street
* We remain in a 'Bull Market In Complacency' * There is certainty and precision of the bullish consensus despite a wide range of possible market and economic outcomes - many of which are adverse and market unfriendly * A deeper than expected (and "...
Beijing Blocks Blackstone, Backs Ant Consumer-Loans Breakout
The campaign against Big Tech continues in China, where Ant will likely have to carve out its consumer-loans business.
Some Popular Market Sectors to Consider Selling/Shorting
* Lower stock prices, slowing economic growth, the potential disruption by Defi/FinTech and other technological initiatives/innovation and "pulling forward" present are some of the multiple threats that lie ahead for numerous companies in sectors wh...
Listing Some Shorts
Here is a partial list of my (non-Index) individual equity shorts: , , , , , , , , , , , , , , , , , , and .
The Long and the Short of It
"Just one more thing." - Lt. Columbo I have taken small positions in the following stocks: *Longs: *Shorts: , , , , , , ,
Blackstone's Charts Look Solid
Jim Cramer gave a nod to BX and the charts back it up.
Jim Cramer: If You're a Bear, What Keeps You Up at Night?
Investors are more likely to give the market the benefit of the upside. That's what makes the most sense.
Blackstone's Move
Blackstone's shares are now making a parabolic move - trading at nearly 50% above its 200 day moving average:
Keep Income 'Streaming' in With Disney, Other Entertainment Names
Let's look at DIS and how it fits into the 'Content Is King' investing theme.
Inflation Is Hard to See When Your Eyes Are on Paradise City
But instead of complaining about -- or even worse, ignoring -- price spikes, invest in them.
Housing Softens
* Affordability, as I have harped on for months, is the culprit Existing home sales in May, likely reflecting many contracts signed during the January thru April time frame, totaled 5.8 million annualized, a touch above the estimate of 5.73 million....
When Will JD Logistics Deliver Profit?
The delivery arm of Alibaba rival JD.com started trading in Hong Kong Friday. It's a sensible play on Chinese e-commerce, but when will it stem its red ink?
Bidding War Drives Share Jump for Australia's Largest Casino Company
Crown Resorts has competing bids from Blackstone, Oaktree Capital and Australia's second-largest casino company, Star.
The Loss of Carried Interest Seems Likely
* I am looking to short Blackstone and KKR It appears that the Biden's administration's attack on carried interest - which will move taxation of these profits from capital gains to ordinary income - may be moving forward. This could spell pressure...
Toshiba, Hitachi Bids Show Japan Inc. Listed Subsidiaries Are in Play
Bids from Western venture capital investors for age-old Japanese names are only likely to increase.
Crown Shares Soar on Blackstone Bid for Aussie Casino Operator
Despite a damning report that Crown shouldn't get a license for a new casino in Sydney, BX wants to buy them for A$8 billion.
SPAC Mania, My Short-Sale Rule, Inflation, Bumble IPO, Rivian, Trading Nvidia
Who knew high finance was so easy? And why the heck was I working so hard? Fundamental analysis is so 1980s.
Australia's Largest Casino Company Loses Big With License Findings
Crown Resorts has opened Sydney's tallest building, but cannot open the casino it contains after a scathing report on its business ethics
My Top SPAC Play for 2021
As this story becomes more widely understood, it should attract additional interest.
Some Afternoon Observations
* My continued mantra is less pontificating and more trading/investing * Considering a short in SPY and QQQ on further strength * Breadth disappointing (negative - 1475 advancers, 1565 decliners on the NYSE) relative to +25 S&P and +210 Nasdaq * I...
