Warn Me … in the Comments Section
If I get self absorbed or overly confident, please make me aware of it in the Comments Section.
Apropos, META ($META) shares are -$15 this morning:
Positions: None.
Another Subscriber Question (And My Response)
This question was regarding my private equity buys on Friday:
tomjrosen
49m ago
Hi Doug,
Thanks for all the useful information and education day in and day out. I would love to know based on your recent investment starter in private credit, what do you think about the growing number of redemption requests/denials that have been going on in the sector-is it not a reason to be concerned about for the quarters to come? Thanks🙏
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Dougie Kass
31m ago
the redemptions reflect sentiment/emotion more than portfolio deterioration
those redemptions have brought down the stocks to reasonable entry points
i am taking a starter position then i will monitor their portfolios’s progress
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Positions: Long APO, BX, KKR
Sticking With This Evolv Technologies Price Target as Swing Crowd Wakes Up
The small-cap security screening name has announced a multi-year deal with TD Garden in Boston.
Subscriber Question (And My Response)
Jaw4860
17m ago
Maxim #1 Why don’t you like annual targets ?RE : yesterday post .
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D
Dougie Kass
1m ago
the end of year is a made up point of time
to guess on price on a date in an increasingly volatile backdrop and setting of rapid rotations is a fool’s errand that implies a sense of precision impossible to achieve
it is a question, not surprisingly, asked on fin tv in which a complicated mosaic is reduced to a overly simplistic condition.- to appeal to viewers.
price targets should be in ranges and presented based on pessimistic, base case and optimistic assumptions – and to then attach probabilities associated to each scenario
Positions: None
This comment has been updated.
Apple’s Foldable iPhone Plan: 8 Key Items Shaping the Stock Market Friday
The June jobs report, Nvidia’s rev share model, SAP gets aggressive on AI, and other headlines moving stocks this morning.
SanDisk Slashed, Micron Mashed; Jobs Day Forecast; And Are You at Your Desk?
Let’s look at the beating taken by memory stocks yesterday, the shot at a September rate cut, jobs day , and how July 4 week used to work for traders.
All Systems Go on Cannabis
The hearings are moving ahead in line with a bullish expectation that national adult recreational use will be moved to Schedule III (with attendant positive tax ramifications).
Meanwhile, Virginia has legalized recreational cannabis.
And custodian issues are slowly being resolved.
I am using pullbacks like yesterday to expand my cannabis exposure on the long side. I even reestablished a MSOS position at $4.81 (which I will use as a trading sardine) and I steadily increased my individual cannabis company positions (which I will hopefully use as an eating sardine — subject to prices).
More:
Position: Long Cannabis
Over There
Position: None
‘Big Short’ Michael Burry Shorts the AI Trade
Was Wednesday’s poor market performance a warning of things to come?