Spain Bans Short Selling for a Month

Rodrigo Orihuela brings some much welcome good news from Spain: Spain’s securities regulator banned short selling for a month in an attempt to shield local stocks from the volatility caused by the coronavirus outbreak. Bloomberg Makes sense that they don’t want opportunists trying to make money off this emergency. When that happens, you have people […]

Bloomberg: Tesla Shorts in “Winter of Despair”

Esha Dey brings us this great headline from Bloomberg: Investors betting against Tesla Inc. are facing the “worst of times” with the electric-vehicle maker’s stock price on a tear over the past seven months. Tesla shares gained 0.4% to close at a record on Friday, rising more than 120% from a low of $178.97 on June 3. Bloomberg Ouch. […]

A Postcard from Adam Jonas

Morgan Stanley analyst Adam Jonas sent this letter to clients while in Madrid this week: A Letter from Madrid Last night, I was walking briskly through the streets of Madrid’s Barrio de Salamanca to meet my father in law (Juan Luis) at a local bar to watch El Clasico (scoreless, but entertaining match… a moral […]

Jim Cramer: Why I Became a Tesla True Believer

Cramer has a new article out on his website The Street explaining why he’s become a Tesla bull. Here are some choice quotes: No one, though, is more charismatic than Elon Musk. No one. He’s about, as they say in law school and nowhere else, about as sui generis as you can get. He’s a […]