Late Morning Market Stats and Shorts
– NYSE volume 18% below its one-month average;
– Nasdaq volume 41% below its one-month average;
– VIX index: down 4.37% to 16.41
Positions: None.
Holding My Nose and Taking a Quantum Leap of Faith on IBM
It’s looking ugly out there for ‘Big Blue,’ but here’s why I’m not ready to bail just yet.
Back Shorting JPM
Back shorting JPM ($JPM) at $343.01.
Working on a scale higher.
Positions: Short JPM S
Subscriber Comment of the Day: IBM, What!?
RROBBO
4m ago
Yesterday, on his afternoon show, Cramer recommended IBM…what a joke !!! LOL
Positions: None.
Stocks & Markets Podcast: Regenerative Medicine’s Next Leap with Conexeu Sciences CEO
Leveraging wound care to tackle the much larger aesthetics market.
Jim Chanos
Positions: None.
Upping GRNY Short
I moved to medium-sized (from small-sized) short ($GRNY) at $27.87.
Positions: Short GRNY M
The Business Media Could Do Better
Positions: None
Here’s Our New Apple Price Target Amid OpenAI Controversy
Apple hits an all-time high as its lawsuit vs. OpenAI comes to light.