FlowBank

1222 days ago

The Renaissance IPO (ticker: IPO) has doubled in price since the start of the year

Source: Charlie Bilello 

#Stocks
Renaissance IPO ETF performance chart

1222 days ago

Palantir will lose one-third of its value by year-end after surging more than 300% since going public, short-seller Citron Research says

Citron Research initiated a short position on Palantir shares on Friday, saying the stock's 300% leap since its direct listing on September 30 is unsustainable. The short-selling firm said it expected Palantir to tumble roughly 33%, to $20, by the end of the year. "As traders looking for short exposure, $PLTR is no longer a stock but a full casino," Citron said in a tweet. The news led Palantir to reverse strong early gains and slide as much as 10% - source: Markets Insiders

#Stocks
Is Palantir a short?

1222 days ago

S&P 500 Price-to-Sales at record high

The S&P 500 Index closed Tuesday at 2.69 times sales, just above a record set on Nov. 16, according to data compiled by Bloomberg. Note that the ratio is 14% higher than a peak reached in March 2000. - source: Bloomberg 

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S&P 500 price-to-sales

1222 days ago

Global earnings are expected to rise substantially next year

Source: LPL Financial 

#Stocks
Global earnings growth

1222 days ago

The dollar is down for the 3rd week in the last 4

The dollar closed at its weakest vs its fiat peers since April 2018 (and unchanged since Jan 2015) - source: www.zerohedge.com, Bloomberg 

#Stocks
Bloomberg Dollar index
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