Author: evencio.alvarez14@gmail.com
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Sony Says No, AT&T Listens and China Talk!
What do we got for ya this week on Value Hive? Sony and Loeb duke it out over operations. AT&T appears to have listened to Elliot management. A trader loses his shirt, and more!Make sure to subscribe to this newsletter so you receive it every week, completely free.Let’s get to it!—September 25, 2019How’s Your History?…
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Your Monday Dirty Dozen [CHART PACK]
It is the courage to make a clean breast of it in the face of every question that makes the philosopher. He must be like Sophocles’ Oedipus, who, seeking enlightenment concerning his terrible fate, pursues his indefatigable inquiry even though he divines that appalling horror awaits him in the answer. But most of us carry…
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Musings: Bubble or Nothing, a Major Regime Change, and a DEEP Value Energy Pick
Alex here with your latest Friday Macro Musings. Latest Articles — A Monday Dirty Dozen [CHART PACK] — We look at technical and sentiment indicators showing short-term overbought levels in US equities, incredibly low hedge fund exposure to stocks, the ‘pain points’ for CTAs in bonds, really cheap European banks and more.Oh, How Quickly The…
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Much Ado About Nothing: Repo Rates and Doom Narratives
Oh look, the market found something new to obsessively fret about…All the fuss is being made over the chart below which shows a “flash crash” in the overnight funding market otherwise known as the repo market.To be honest, I’m somewhat surprised people are so agitated over this. The repo market is an abstruse corner of…
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Value is Back (and some other goodies)!
Last week we remembered 9/11. We thank those brave men and women who ran into the fray that day — and every day. If you haven’t already, thank a veteran this week.We’ve got a hard-hitting Value Hive this week. Value stocks are back, a fitness equipment company thinks its a tech business, Elliott Management’s gone…
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The Evolution of Political Regimes
Plato, using Socrates as his mouthpiece, wrote the following condemnation of Athenian democracy in his Republic: [The citizens] contemptuously rejected temperance as unmanliness… Insolence they term breeding, and anarchy liberty, and waste magnificence, and impudence courage… The father gets accustomed to descend to the level of his sons and to fear them, and the son…
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Oh, How Quickly The Narrative Pendulum Swings!
Take two minutes and watch this video I clipped together contrasting the intros to Bloomberg’s Real Yield show which is a weekly panel discussion with some of the biggest fixed-income managers in the world. The first half is from August 30th and the second September 13th. What a difference two weeks makes…There is nothing like…
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A Monday Dirty Dozen [CHART PACK]
Opinion is like a pendulum and obeys the same laws ~ Arthur Schopenhauer Good morning!In this week’s Dirty Dozen [CHART PACK] we look at technical and sentiment indicators showing short-term overbought levels in US equities, incredibly low hedge fund exposure to stocks, the ‘pain points’ for CTAs in bonds, really cheap European banks and more.…
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Burry, Timber Stocks and a WeWork Roast
This week’s Value Hive is jam-packed with stock ideas, a public roast of WeWork (and slashing valuations!) and more Michael Burry headlines.If you haven’t already, make sure to subscribe to this newsletter so you receive it every week, completely free.Let’s get to it!—September 11, 2019What Are The Odds?! — Late Tuesday night/early Wednesday morning, the…
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A Monday Dozen [CHART PACK] #10
I’m also a firm believer in predicting price direction, but not magnitude. I don’t set price targets. I get out when the market action tells me it’s time to get out, rather than based on any consideration of how far the price has gone. You have to be willing to take what the market gives…