When positions get too one-sided, they can snap back in the opposite way -- but that may not mean there is a change in trend.
The broader market is benefiting from several factors that are counteracting FAANG +M.
The veteran global macro hedge fund manager is making his strategies available to the investing public for less than 2% in fees.
For one, they don't expect things to improve anytime soon.
Sellers went into Friday with huge six-to eight-week profits, and came out of Monday with cash in hand.
What ground up slowly in a quiet tape, may be forced to fall back if the fundamental momentum does not back the move.
I remain uncharacteristically bullish. Here's why.
The top holder in several companies, the hedge fund's abrupt liquidation has contributed to weakness.
I found two very interesting takeaways from Monday's sharp market reversal.
TINA (there is no alternative) is dateless, but her popular cousin CITA (cash is the alternative) is enjoying the prom.