Sandara Park: David Einhorn Is Having A Great Year As He Maintains Bearish Stance [Q3 Letter]

David Einhorn Is Having A Great Year As He Maintains Bearish Stance [Q3 Letter]

According to data from Eurekahedge, the average long/short equity hedge fund is down 11% year to date. However, David Einhorn's Greenlight Capital is bucking the trend. According to the hedge fund's third-quarter investor letter, which ValueWalk has been able to review, it returned 4% in the third quarter of 2022 after fees and expenses. Following […] Read More

Fed Ripping Off the Inflation Band-Aid

Inflation rates have been running near 40-year highs, and as a result, the Federal Reserve is doing everything in its power to rip off the Band-Aid of insidious high price levels in a swift manner. The Fed's goal is to inflict quick, near-term pain on the economy in exchange for long-term price stability and future economic gains. […] Read More

Bill Ackman: This Is Another Great 'Moment' To Buy Stocks

During his recent interview with Interactive Investor, Bill Ackman explained why this is another great 'moment' to buy stocks. Here's an excerpt from the interview: Q3 2022 hedge fund letters, conferences and more Read More

The Market Is Slowing Down

S&P 500 turned decisively lower yesterday, and the bulls were clearly rejected with their upswing attempt. No matter how HYG erased some of its intraday decline before the closing bell, TLT is still falling hard. As stated weeks ago, without stabilization on the long end of the curve, any (temporarily but still) sustainable S&P 500 […] Read More

Freeport McMoran Shares Rally Despite Weakening Copper Prices

Freeport McMoran rallied despite weaker results. Net income fell to $404 million, down by 50% over the same quarter last year. The average realized price per pound o copper came in at $3.50 per pound, compared to $4.20 last year. Freeport McMoran (NYSE:FCX) third-quarter results came in weaker on the back of copper prices retreating. […] Read More

Will Matador Share Price Get A Boost From Improved Credit Rating?

Oil-and-gas explorer Matador Resources is nearing its June 8 high, ahead of next week's earnings report. Wall Street expects earnings of $2.53 a share on revenue of $766.17 million. That would more than double year-ago earnings and mark a 62% top-line increase. In September, Matador repurchased its bonds on the open market, reducing its debt […] Read More