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‘We Call It Uninvestible’: Views on Markets After Another Rout

(Bloomberg) — After twice seeing stocks on Wall Street tumble by the most since 1987 in recent days, market participants are largely averse to calling a bottom to the rout in global equities.Investors are grappling in the dark on earnings estimates as authorities around the world shut down economic activity in an effort to avert a humanitarian disaster caused by the coronavirus. That’s overshadowing moves by economic policy makers to cushion the impact. With volatility expected to remain high, traders are on the lookout for more fiscal stimulus and, most importantly, evidence the outbreak is on the wane.Here are some …read more […]

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Hedge Funds Have Never Been This Bullish On Realty Income Corporation (O)

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]

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Here is What Hedge Funds Think About STMicroelectronics N.V. (STM)

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]

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China’s Resistance to the Global Stock Rout Is Now Crumbling

(Bloomberg) — One of the only shelters from the volatility convulsing global equities is looking increasingly vulnerable.China’s stock market has largely resisted the vertiginous moves that have whipsawed shares from New York to Milan, partly due to a series of preemptive measures from the central bank that flooded the market with liquidity. The country is home to the only stock market among the world’s 20 largest that’s yet to slip into bear territory.But on Monday, a 3.4% drop in the Shanghai Composite Index pushed a measure of 50-day swings to an almost four year high, while a widely-watched technical indicator …read more […]

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Hedge Funds Couldn’t Have Been More Wrong About Carnival Corporation (CCL)

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]

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Hedge Funds Have Never Been This Bullish On Energy Transfer L.P. (ET)

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]