|Day Low/High||708,93 / 724,90|
|52 Wk Low/High||273,00 / 900,40|
In a real attempt to be transparent - here are my trades from this morning with today's cost basis in parentheses: * Short ($440.99) * Short ($366.57) * Short ($36.60) * Short ($383.70) * Short ($98.19) * Short ($260.71) * Short ($711.32) * Short ...
The average price on today's Tesla and Square small shorts are $703.90 and $260.71, respectively.
Shorted more Tesla at $703 in premarket trading. I have shorted Square at $244. More to come.
After being burned by Beijing, many U.S. investors are rightfully left wondering about their China-linked holdings.
Are traders and investors confused? Possibly. Was that the intent? No, but I think Jerome Powell is fine with that.
What if Beijing plays the power game with foreign firms reliant upon Chinese revenue, Chinese labor, or simply Chinese economic growth?
* To summarize... Some of my shorts mentioned recently include Carvana , Krispy Kreme , Netflix , Peloton , ARK , Tesla , and bonds.
Feel like a chump? You probably do after seeing what the CCP is doing to its education and tech names and after listening to calls with Carol Tome and Tesla's chief.
TSLA is a company facing a profoundly more competitive business landscape.
Based on my analysis in the previous post, I am making Tesla my Trade of the Week (short).
* Tesla's moats are vanishing * Earnings quality is poor * I shorted Tesla at $671 in after hours trading I have read most of the positive Wall Street's sell-side reactions to Tesla's results. This morning I offer a more critical view: * Tesla h...
Why we ever allowed Chinese businesses to raise capital, our capital, on our shores, is beyond me.
In case you guys left early I wanted to repost my closing column from yesterday as it has a message attached to it: Jul 26, 2021 ' 06:04 PM EDT DOUG KASS Super Stonks! "The concept of valuation is a deeply fascinating philosophical rabbit hole. The ...
"The concept of valuation is a deeply fascinating philosophical rabbit hole. The traditional way of valuing a security (i.e., determining its worth, or intrinsic value), henceforth known as The Stupid Way™, was to estimate future cash flows and mayb...
The S&P 500 closes at new highs and FATMAAN names enjoy boost, but look below the surface for the real story.
Let's look at the key drivers and how they shape my views of owning credit spreads, Treasuries, and in which direction we could see stocks go.
This week will tax your brain. Your ability to focus on what really matters will be tested.
* From the alternative facts management... With 2Q2021 EPS on deck, Tesla's Elon Musk tries to make losing a moat into a positive. Would it be a positive if a drug company lost its patent protection? Nope. Tesla is losing its moat and the emissio...
Circling back to my comment on earnings expectations for the second half of 2021, next week we will see a more than 250% jump week over week for the number of earnings reports coming at us. That's right, just under 1,000 of companies are slated to r...
Prices for oil and natural gas are at levels that are incredibly profitable for any company that is pumping them.
Small-caps and mid-caps are still picking first downs on every play, storming back from a badly oversold condition that has just about normalized.
Lithium producer Albemarle is forming a bullish pattern on its chart.
Chinese EV makers fit the profile perfectly of companies subject to future data scrutiny by the Chinese Communist Party.
A number of the shorts on my Best Ideas List are getting schmeissed today: * Tesla was placed on the List at $688 on 6/29/2021. Trading at $664 and down $5 today. * was placed on the List at $238 on 6/1/2021. Trading at $172 and down $7.70 today. * ...
Let's take a spin in this Churchill Capital IV name.
Plus, the chart of Tesla indicates it's time to be wary if you're in the stock at present.
It makes sense to buy things that are undervalued and sell things that are overvalued, but take the temperature of all markets at all times.