Markets are resting, which is probably a bit of a relief to bulls and bears and longs and shorts alike. There's still 15% of the trading week left though, so we'll see if it gets fireworks one way or another before the weekend. I'm adding a few short hedges to the portfolio by taking advantage of the small premiums in puts in a few names. I'm buying puts on Blink BLNK which … [Read more...] about Trade Alert: Some Electric Vehicle and Space Short Ideas
Trade Alert
Trade Alert: Africa Is Ready For Economic Revolution And A New Name For The Portfolio
Last year, when I reversed my Tesla bear stance, turning bullish and then pounded the table over and over and made TLSA my biggest position at a split-adjusted $50 and finally making it a rare 9+ rated stock when it was below $40 -- that's why guys pay for this service. Fast-forward to today and the powers that be announce that TSLA is going into the S&P 500. Rock on. What … [Read more...] about Trade Alert: Africa Is Ready For Economic Revolution And A New Name For The Portfolio
Loving The Longer-Term Revolutions, Seeing Some Shorter-Term Risks
Where are all the people going, Round and round till we reach the end One day leading to another, Get up go out do it again Then it's back where you started, Here we go round again Back where you started, Come on do it again - The Kinks The markets like the fact that a vaccine is here (and one which looks like it has more than 90% efficacy) and the market is increasingly … [Read more...] about Loving The Longer-Term Revolutions, Seeing Some Shorter-Term Risks
Why Stocks Rallied Today + Trade Alert: Bye WORK, Hi More Index Puts + Transcript
My almost-seven years-old daughter, Lyncoln, went to the dentist in Las Cruces this morning and my wife sends me a text that says "She earned a target price for that." I was like, hmm, a "target price?" Oh, a prize from Target! Haha. As for the markets here, it turns out apparently everybody was positioned for a sell off as I'd mentioned last week they might be when I said: … [Read more...] about Why Stocks Rallied Today + Trade Alert: Bye WORK, Hi More Index Puts + Transcript
Trade Alert: Some Crowdfunding Investment Ideas
I suppose the stock markets have bounced just about the 2% move which is what I'd expected them to do after the 3-5% pullback I was expecting into the election took just one intraday collapse like yesterday. That said, you know I'm not really trying to game the near-term market moves and am mostly letting my positions and hedges do their work as we keep "sitting" to once again … [Read more...] about Trade Alert: Some Crowdfunding Investment Ideas
Trade Alert: Covering Some Shorts + One Space Nibble
It's almost like the market walked in this morning and suddenly said, "Oh my gosh, the Coronavirus Crisis isn't going anywhere and I'm going to throw a hissy fit about needing some stimulus since it sure looks like nobody in DC is serious about it any time soon." This is just about exactly what I'd been expecting to see for the last week or so, including on Friday when I'd … [Read more...] about Trade Alert: Covering Some Shorts + One Space Nibble
Trade Alert: Snap And The Importance Of Valuations
What a quarterly earnings report from SNAP. What a move in all the big social media stocks. Let's look at some of our long-term SNAP analysis here along with some of our other history with social media and other tech stocks that have been so wildly outperforming this year and get a sense of why I always pay so much attention to valuations. I saw my old friend Jim Cramer … [Read more...] about Trade Alert: Snap And The Importance Of Valuations
The Long Arc Of Justice Will Come For The Markets And Everything Else Too
Last week, I held a Zoom call with my hedge fund partners since we can't get together for a retreat or anything fun like that during the Coronavirus Crisis. We talked about valuations comparing ZM to TSLA, what can make the markets go down, how 2020 is a lot like 1920 and other things. Here are some of the edited highlights. I'll send along another edited part of the call later … [Read more...] about The Long Arc Of Justice Will Come For The Markets And Everything Else Too
Trade Alert: The Long-Awaited Rare Earth Long Idea
"I would not give my rotating field discovery for a thousand inventions, however valuable... A thousand years hence, the telephone and the motion picture camera may be obsolete, but the principle of the rotating magnetic field will remain a vital, living thing for all time to come." - Nikola Tesla I love me some Nikola Tesla quotes, ever since I've studied his biographies … [Read more...] about Trade Alert: The Long-Awaited Rare Earth Long Idea
Trade Alert: Trump Has Coronavirus; Covering Some Shorts
First off, I pray and hope the President and anybody else with the Coronavirus recovers fully with no suffering. How does this affect our positioning though? It doesn't. I've long explained that I don't think who the president is matters as much to the country's fundamentals or the stock market or the economy as most people do. The markets are down big today, but that only … [Read more...] about Trade Alert: Trump Has Coronavirus; Covering Some Shorts