On the eve of a big drop on Friday, David Einhorn, who became famous for profiting during the Lehman crisis, stated that the structure of the U.S. stock market is collapsing.
David Einhorn stated that due to the rise of passive investing and investors placing more importance on price rather than value, overvalued Stocks become even more overvalued and undervalued Stocks become even more undervalued. This phenomenon distorts market value and plants significant hidden risks.
"Returning to the pre-liberation era overnight"! The U.S. stock market has erased its gains after the election, and the employment report worries Wall Street about a "double loss" in stocks and bonds.
Measured by the performance of the largest Global ETF tracking the S&P and long-term U.S. Treasury bonds, the total returns of U.S. stocks and bonds have been negative for five consecutive weeks, marking the longest streak of negative returns since September 2023. Friday's non-farm payroll report raised concerns among traders about the Federal Reserve closing the door on this round of easing.
ProShares UltraPro QQQ ETF Options Spot-On: On January 10th, 387.84K Contracts Were Traded, With 908.74K Open Interest
On January 10th ET, $ProShares UltraPro QQQ ETF(TQQQ.US)$ had active options trading, with a total trading volume of 387.84K options for the day, of which put options accounted for 40.43% of the
There is some froth, but not excessive! Howard Marks' 2025 year-start memo.
There is no asset so good that its price never experiences "overvaluation" and risk, nor is there an asset so bad that its price never presents an opportunity for "undervaluation".
Traders Push Back Rate-cut Expectations for 2025 After Hot December Jobs Report
Express News | The verdict in the Trump "hush money" case: 34 counts were found guilty, but no punishment was imposed.