It’s not just the surge in meme stocks that is a case of deja vu all over again: the big action this morning is in another closely watched asset – the 10Y […]
Tech Tumbles As Yields Surge, Meme Stocks Explode
World’s Largest Hedge Fund Manager Warns Emerging Tech Stocks In “Extreme Bubble”
I’ve seen a lot of bubbles in my time and I have studied even more in history, so I know what I mean by a bubble and I systemized it into a “bubble […]
Poshmark stock skyrockets in Nasdaq debut as investors rush to cash in on resale mania
The future is used! Poshmark Inc, the social e-commerce platform where people buy and sell secondhand goods, is off to an impressive start as a publicly traded company. Shares of the Redwood […]
Nasdaq Whale Harpooned: SoftBank To Wind Down Option Bets After Investor Outrage
The writing was already on the wall last month when we reported that SoftBank’s attempt to corner a handful of giga-cap tech stocks with call spreads lead to a surprising $3.7 billion loss for the […]
Futures Jump And This Time Tech Stocks Join The Party
Stocks gained, bonds dropped and the dollar rose on Wednesday as prospects of an effective COVID-19 vaccine outweighed nagging worries over surging infections, while the rotation out of tech reversed. Oil rose […]
Futures Rebound From Overnight Tech Wreck
On Monday we presented readers with the latest observations from BofA quants who pointed out that Q3 earnings “smacked of the tech bubble” because despite impressive beats, in many cases stocks dropped (or outright […]
Futures Tumble, European Tech Stocks Plunge Amid Surging Virus Cases, Reflation Trade Fears
US equity futures, European tech stocks and global shares were hit hard on Monday as surging coronavirus cases in Europe (over the weekend, Spain announced a national curfew) and the United States […]
Nasdaq Shorts Crushed By Second Biggest Short-Squeeze In History
At the end of September, we observed that the sharp if brief selloff in tech stocks last month has resulted in the second-highest ever pileup of shorts in the Nasdaq, and warned that a […]
Futures Flat After Trump Returns To White House, Ahead Of Powell Address
S&P futures drifted following yesterday’s surge to 3,400 following news that Trump was returning to the White House ahead of a 1040am ET speech by Fed Chair Powell in which expected to […]
