Steady into the close after a post-PBOC wobble
- -327.98
- open 20632.68
- high 20703.20
- low 20,303.02
- USDJPY has taken a tumble to 124.82 after looking comfortable above 125.00
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Ackman sees 10x returns in 'extremely cheap' quality stocks. Market dip creates buying opps.
SWK down 7.3% on weak EPS & flat FCF. Fair P/E but upside limited vs. risk.
JetBlue hikes bag fees to $39/$59 amid rising fuel costs. United fares up 15-20%.
47% of BTC holders are underwater, with long-term holders seeing 3-yr lows. Divergence signals potential 25%+ drop.
Ackman calls Fannie/Freddie 'stupidly cheap' after 30%+ gains. Quality stocks are a buy.
Bloom Energy tanks 12% amid growth stock sell-off. Still up 480% YoY, but risks loom.
USPH drops 12% on weak EPS growth & low FCF margin. Trades at 25.8x forward P/E, signaling high valuation.
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