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Are you ready for the Brazilian butt lift-off?
The BBL Bull
One of the best hedge fund managers used to have a favorite tactical trade that he called "the Brazilian butt lift" - the BBL bull. It was at the 6th or 7th inning of a bull market when suddenly and very quickly we had an aggressive broadening of the rally. We would argue that many ingredients are in place right now for a BBL rally.
Did Buy The Dip Really Become Buy The Rip ?
Our heads are really exploding
Last week we said that the tactical sentiment & positioning indicators were screaming "BUY THE DIP" and that it caused our heads to explode. Fast forward one week and many of the same tactical indicators are now saying "BUY THE RIP". Let's look at 12 bullish indicators.
Tesla to fundamentals:
Go F yourself
Tesla continues to defy gravity and leave most of sell-side behind. Average target price is 25% below where the stock is trading. We clearly do not trade on any auto metrics (deliveries, gross margins, etc). Let's have a detailed look at all the latest in Tesla.
This "Molly Dealer From Chechnya" Says DIE to DEI
Kimmel called him "a molly dealer from Chechnya," Kara Swisher said he's "a beta guy wanting to be an alpha," and Prof. Galloway labeled him "pragmatic billionaire energy" for "kissing Trump's ass." Love or hate him, Zuckerberg's on the offensive, reclaiming his spot as the 2nd richest. Meta stock is 5% off ATH, up 500% in 2 years. Let’s dive in!
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