Given the magnitude of the recent decline in equities I don’t really have a strong view of the market over the very near term. Here are some general observations and thin reed indicators that suggest today’s move may not be extended that much: * Private equity stocks ($APOL, $KKR and $BX) are awful. * For that …
Read in context ›Apollo Education Group Inc Stock (APOL)
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APOL
Apollo Education Group Inc
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Daily Diary Mentions
3 mentionsMarket Observations A Fair Criticism Deserves a Response Subscriber jryan (below) delivered some reasonable comments and criticism yesterday in the Comments Section. Basically he said he is “getting sick of reading about cannabis and Fin TV commentary” — and he wants more (long) stock suggestions, etc. I wanted to respond in the first column of the day. * Few longs have represented value …
Read in context ›Financial Services Shorts I am now short C ($C) and JPM ($JPM) against my private equity longs ($BX), ($KKR) and ($APOL) Positions: Long BX S KKR S APOL S; Short C S JPM S.
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