|Day Low/High||38.82 / 39.46|
|52 Wk Low/High||30.56 / 41.50|
With the time frame on my net exposure being of a relatively short-term nature (from today to the next two to three months), I gradually have reduced my long book and have added to my short exposure in the last week's consistent advance. I do so bas...
* The answer to the above question is... Slow, inept and impotent. * (Regardless of your political views) Tariff Man seems out of control * I have been of the strong view that President Trump's behavior and the shallowness of policy were destined to...
When traders are flailing and investors are drowning, examples work best to illustrate what happens before a bottom is reached.
Both Washington and Beijing have no shortage of options for inflicting major economic damage on the other party. That provides some reasons to think a near-term truce will eventually be reached, even if there are long-term consequences to this fight.
With 60 minutes to go: * The S&P has just broken the day's lows - following the pattern of early strength and late in the day weakness. * Breadth: 1200 advancers, 1750 decliners. * The economic message of lower bond yields is growing louder. * The 1...
* 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 "When the time comes to buy, you won't want to." - Walter Deemer I promised to update my "Level...
I have added to the following shorts today: , , , and . All of this are now large-sized.
Here are my main takeaways from today's action: * Down from the "get go." * The Russell underperformed the senior averages. * Breadth at 676 advancers and 2,275 decliners on the NYSE says it all. * And so does the yield on the 10-year U.S. note whic...
Trying to invest in disruptive technologies can disrupt your personal wealth - keep shorting Tesla and Uber.
With thirty minutes left, a few observations. To begin with, the market continues to exhibit dip buying, somewhat frustrating to the bears who see the "Rotation Station" and failing in semis, transports, etc. as negative signposts. Frankly, I feel t...
"The tires are the things on your car That make contact with the road Bummed is what you are When you go out to your car and it's been towed" - Phish, Contact I continue to expand my short book - and I am looking for some more individual stock shor...
The story of the much-vaunted electric carmaker is beginning to unravel, which makes buying the big dip in its shares a dicey proposition.
The massive plunge in TSLA shares of late indicates that Wall Street has lost faith in its ability to execute on disruptive technologies.
There is a firm belief that something has to be done, something, and at least Trump has a plan, however flawed, it's a plan.
Two companies are in the auto industry and the third makes fun pop-culture products.
Uber's IPO move could be a blip on the road to autonomous driving.
GREAT NEWS FOR OHIO! Just spoke to Mary Barra, CEO of General Motors, who informed me that, subject to a UAW agreement etc., GM will be selling their beautiful Lordstown Plant to Workhorse, where they plan to build Electric Trucks. GM will also be...
Buffett and Munger have some questions to answer, some situations to ponder, and probably a more concerned public than in the past to deal with.
We also dissect the S&P 500's record run, check out China's latest economic data and take a skeptical glance at an idea floated by a couple Fed officials.
The rest of the automakers just don't get it -- the sharing economy is a revolution.
The streaming video giant is only burning cash now because it's choosing to.
When you see that money pouring out of the market it is going to be looking for a home. The home will most likely want some economic sensitivity.
GM and Ford have identical business models, but they are different stocks.