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'Bring Back The Robots': Tesla Short Seller Pokes Holes In EV Giant's Next 'Bull Narrative'
Thursday, January 19, 2023 - 9:50am | 716One of the most famous short sellers of Tesla Inc (NASDAQ: TSLA) is sharing new criticism of what could be a new growth area for the electric vehicle giant. What Happened: Tesla has dominated the electric vehicle market for year and also engaged in new lines of potential growth for the business,...
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Options Traders Hammer AMC Stock Calls Amid Post-Earnings Pull Back
Tuesday, August 10, 2021 - 3:29pm | 973AMC Entertainment Holdings Inc (NYSE: AMC) gapped up Tuesday morning after printing a second-quarter earnings beat, but slammed into resistance at the 21-day exponential moving average and sold off over 8%. The Reddit darling has squeezed shorts twice already this year but that didn’t...
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US Stocks Rally As Some Health, Security, Safety Products Removed From China Tariff List
Tuesday, August 13, 2019 - 12:39pm | 633The S&P 500 roared back to life on Tuesday led by Apple, Inc. (NASDAQ: AAPL) after the U.S. Trade Representative released a long list of exemptions from the new 10% tariffs on an additional $300 billion in Chinese imports set to go into effect on Sept. 1. Tariffs on the exempted items do not go...
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Jim Chanos Adds To Tesla Short, Thinks Musk Will Step Down By 2020
Tuesday, November 14, 2017 - 4:05pm | 348It’s not shocking that Jim Chanos added to Kynikos Associates’ Tesla Inc (NASDAQ: TSLA) short. Tesla has been building a long list of bears since straying from its 2017 auto schedules, and Chanos has been short the stock for nearly two years. What's shocking is why the hedge fund...
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Digesting Delivering Alpha 2017: The Top Picks You Need To Know
Wednesday, September 13, 2017 - 8:44am | 894Anything but bitcoin. The cryptocurrency got little love at CNBC’s Delivering Alpha conference Tuesday, with JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon calling it “fraudulent” and Saba Capital Management CIO Boaz Weinstein attributing its rise to nothing beyond FOMO....
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Jim Chanos Is Still Bearish On Caterpillar
Wednesday, October 19, 2016 - 4:29pm | 155Speaking on CNBC's Fast Money Halftime Report, Jim Chanos, the founder of Kynikos Associates, spoke about his position in Caterpillar Inc. (NYSE: CAT). He said that he took a short position in the stock in 2012 when it traded in high 80s and although he got the fundamentals right the stock...
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Jim Chanos Calls SolarCity A 'Financing Scheme,' Says Oil Pain Not Over
Wednesday, October 21, 2015 - 5:42pm | 594In a report issued Tuesday, James Chanos of Kynikos Associates looked into energy investments after the fall and asked: "Opportunity Or Slippery Slope?" The expert went over some themes present across the energy sector and analyzed some stocks in more detail. Shares of SolarCity...
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Lessons In Short Selling From The Master Short Seller Jim Chanos Himself
Tuesday, May 26, 2015 - 3:15pm | 401Founder of Kynikos Associates and arguably the best short seller of our times, Jim Chanos, was on Wall Street Week last Sunday to provide his insights on short selling as an investment strategy and to reveal how he manages risk while he is short on a stock. Why Short Selling? "Short selling...
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Famed Short Seller Jim Chanos Is Long ETFs
Monday, May 18, 2015 - 6:58am | 562Kynikos Associates, managed by famed short seller Jim Chanos, recently filed its first quarter Form 13F disclosing its long equity positions as of March 31. Its portfolio, focused on financial stocks -- which account for 45 percent of its total value, lost about 24 percent in market value over...
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Why Tesla Might Be The Future, But Is A Myth Today
Friday, May 8, 2015 - 1:17pm | 409Tesla Motors Inc (NASDAQ: TSLA) recently came out with its first-quarter earnings, which were slightly better than the Street's estimates. While the Street was expecting the company to post a EPS loss of $0.50 on revenue of $1.04 billion, Tesla posted an EPS loss of $0.36 for the quarter on...
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Chanos Sees Transitional Woes For Oil And Coal
Thursday, October 10, 2013 - 11:42am | 559Founder and President of Kynikos Associates Jim Chanos appeared as a guest host on CNBC's Squawk Box Thursday morning where he predicted bad news for global coal as the world switches to natural gas. Chanos also discussed some problems that big oil is facing, and talked about why some state-...
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Jim Chanos Talks Long, Short And Ugly Trades
Thursday, October 10, 2013 - 9:36am | 474President of Kynikos Associates Jim Chanos offered loads of insight while he served as a guest host on CNBC's Squawk Box Thursday morning, including a look into some of his long and short trading picks. Starting with the ugly. "We had some data out after the [Hewlett-Packard (NYSE: HPQ)]...
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Keeping an Eye on the Four 'New' Horsemen of Tech
Wednesday, October 9, 2013 - 1:15pm | 611According to Forbes, analyst Jonathan Krinsky of Miller Tabak recently drew an interesting parallel between four contemporary tech stocks – Facebook (NASDAQ: FB), LinkedIn (NYSE: LNKD), Netflix (NASDAQ: NFLX), and Tesla (NASDAQ: TSLA) – and the so-called “Four Horsemen” of the 1990s – Cisco (...
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As Dalio Dances Dangerously With Brazil, Chanos Smiles
Friday, November 30, 2012 - 10:09am | 1086One country, two hedge fund legends -- two starkly different investment viewpoints. That is perhaps the best way to characterize Brazil, Bridgewater Associates and Kynikos. Brazil is Latin America's largest economy and the "B" in the ubiquitous BRIC acronym. Ray Dalio's Bridgewater is the world's...
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Royal Bank of Australia Expected to Cut Rates, Could Comment on China
Monday, November 5, 2012 - 3:13pm | 513The Royal Bank of Australia is set to release its latest interest rate decision late Monday night. At the October meeting, the Bank unexpectedly cut the benchmark cash rate to 3.25 percent from 3.5 percent. Economists are split over the rate decision, with a majority calling for a further cut of an...