Friday, August 20, 2021

Why Cathie Wood and Tesla — 2 HUGE Names on Wall Street — Are a Joke

The stock market rally finally suffered substantial losses Thursday as the 10-year Treasury yields continue to rise. So, do we find ourselves staring down the barrel of a broad stock market retreat or a sector rotation?

Why Cathie Wood and Tesla — 2 HUGE Names on Wall Street — Are a Joke

August 20, 2021

Another Friday, another rant on everybody's favorite investor, Ark Invest CEO Cathie Wood. And , more specifically, her market outlook.


But this time, there's a couple of guest stars along for the ride as well, starting with Michael Burry of "The Big Short" fame.


This whole story began on Monday, when 13F filings revealed that Burry's Scion Asset Management bought 2,355 puts against Wood's ARK Innovation ETF. It's worth noting that Michael Short also has a substantial short position against Tesla — Wood's largest holding.


This has led to a number of articles and interviews regarding her outlook. Namely, her saying that we aren't in a bubble.

Are You Kidding Me?

Take Advantage of This New Market Glitch

Everyone has heard all about GameStop and its sudden, meteoric rise and 4,200% returns amid a massive short squeeze earlier this year.

But what most people probably haven't heard is that it's not the only stock getting squeezed!

Wall Street doesn't want everyday traders to know about these massive moves because the big firms lose money whenever short squeezes happen.

Mastermind trader and Forbes contributor Adam Sarhan is pulling the curtain back to reveal how anyone can take advantage of these trades — every single week! 

Get in Here Now!

Tesla Is Under Investigation and in Turmoil. Try This EV Stock Instead

August 18, 2021

Unfortunately, there's yet another tragedy hitting the news. Monday evening, a car crashed into a public school… leading to the Tesla self-driving investigation that's been dominating headlines.

Continue Reading

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