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Insanity: Tesla Reaches $538 Billion Market Cap On S&P Inclusion

Stanphyl Capital commentary for the month of November 2020, discussing Tesla‘s market cap and its S&P 500 inclusion. Q3 2020 hedge fund letters, conferences and more Tesla’s Market Cap Reaches $538 Billion On The Announcement Of S&P 500 Inclusion We remain short the biggest bubble in modern stock market history, Tesla Inc (TSLA), which following […]
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Read MoreTop ten precious metals companies by market cap

Precious metals are metals that are scarce and possess high economic value. Such metals are useful as a store of value and play an important role in industrial processes as well. Some of the most popular precious metals are gold, platinum and silver. Precious metals are popular among investors as well. Investors can add such […]
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Read MoreModerna: In Case Retail Investors Have Gotten Ahead Of Themselves

Another Big Day For Moderna Shares Shares of Moderna (MRNA) spiked 20% Monday on news it had requested FDA clearance for its COVID-19 vaccine. Both Bloomberg’s Joe Wiesenthal and Julianna Tatelbaum wondered why though. After all, Moderna announced its vaccine was effective two weeks ago; who didn’t expect them to seek clearance for it? Are […]
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Read MoreHere’s what Super Nintendo World park means for Nintendo stock

Nintendo is taking a page out of Walt Disney‘s playbook with the addition of its Super Nintendo World theme park. Unfortunately, this isn’t the best time to be opening a new theme park, but eventually, it could mean good things for Nintendo stock. Q3 2020 hedge fund letters, conferences and more Super Mario World coming […]
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Read MoreCoronavirus stimulus checks: Bipartisan group pushes for relief package

Despite months of negotiations, a period that included a presidential election as well, we are still nowhere near to having a stimulus package. This is frustrating not just for common Americans, but for some lawmakers as well. That is why a bipartisan group of senators is working to push lawmakers to pass another coronavirus stimulus […]
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Read MoreVaccine-Induced Rally Keeps Moving Forward

Markets last week rallied in a post-Thanksgiving shortened trading day. Q3 2020 hedge fund letters, conferences and more The Dow, S&P 500 And Nasdaq Rally The Dow Jones closed higher by 37.90 points, or 0.13% at 29,910.37. The S&P 500 notched another record closing high and gained 0.24%, while The Nasdaq also closed at a […]
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Read MoreModerna Confirms 94% Efficiency Of Its Vaccine Candidate

Commenting on the 94% efficiency of Moderna’s Covid-19 vaccine candidate today’s trading, Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more The major indices are all trading lower following a bearish and active morning session on Wall Street. Moderna (MRNA, +16%) made headlines yet again this morning as the firm […]
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Read MoreTesla secures tax exemption for Model Y in China

China has approved tax exemptions for Tesla’s Model Y SUVs made in the country. Electrek reports that it’s one of the last steps that must be taken before Tesla can start delivering Model Ys produced in China to buyers in the country. Q3 2020 hedge fund letters, conferences and more Tesla secures tax exemption for […]
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Read MoreProbing Gold’s Bottom

As 2020 is wrapping up, investors are trying to narrow down the target for gold’s bottom in the coming weeks. And as the yellow metal is experiencing what appears to be its worst month in the past four years, the Gold Miners Bullish Percent Index ($BPGDM) once again provides us with some key insights into […]
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