Month: May 2022

BofA’s Credit Survey Shows Extreme Bearishness

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🚨 🚨 BofA’s May US credit investor survey “shows indicators across positioning, spread outlook and technicals reaching some of the most bearish levels in history…(This) increases the risk of a sharp short-covering rally should the macro outlook surprise to the upside”
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Retail Investors Buy $2.4B Of Stocks In May

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🚨 🚨 Stocks: Net retail inflows amounted to just $2.4bn this month to May 10, compared to $11bn in April and $17bn in March
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RBC: S&P At 3,850 Signals A Recession

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🚨 🚨 RBC: If the S&P 500’s decline breaks through 3,850, “we think the equity market will be telling us that it’s starting to price in a recession”
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Michael Burry Is Short Apple

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🚨 🚨 Michael Burry of ‘The Big Short’ reveals a bet against Apple
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SEA LTD: 80% Wealth Wipeout

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🇸🇬 🇸🇬 Shopee owner’s [Forrest Li] 80% Wealth Wipeout Has Made Him One Of The Biggest Losers Of The Nasdaq Decline
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First NFT Hotel In The U.S.

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🇺🇸 🇺🇸 The NoMo SoHo Hotel In New York City Has Become The First Hotel In The United States To Offer NFT Reservations
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A Retail Sector Stock That Has 25% Upside As Rates Rise

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🚨 🚨 This Retail Sector Stock Will Climb At Least 25% As The Fed Raises Interest Rates
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David Tepper Adds To Amazon And Microsoft

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🚨 🚨 Hedge Fund Billionaire David Tepper Bought Amazon And Microsoft In The First Quarter
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JPM Turns Bullish On Chinese Infrastructure

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🇨🇳 🇨🇳 JPMorgan has turned bullish on a Chinese infrastructure stock and sees 56% upside
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