Economy Stock market chat v4: Planet Fitness downgraded by rogues.

Had a ridiculously dumb short on AWI this morning and stared down a 5% gain that turned around nicely to down 5%. Aint overvaluation great?:)
 
86'd said:
That's why I'm feeling like a lot of stocks should probably be sells now. Let's not forget what was happening last December.
Click to expand...

...when the fed raised interest rates?
 
bought etsy, everbridge, twilio and estc.

chart.ashx
 
Woah Roku down huge today 8%. Back to its old ways
 
I was gonna say short this REIT but it is already dead. Still may be worth a short. Tanger.

Passive investing boom could be causing a market bubble, but not in the stocks you would expect

  • Ned Davis Research found that real estate and utilities stocks are the two sectors that have benefited the most from the rise of passing investing vehicles such as exchange-traded funds.
  • ETFs hold more than 11% of the real estate sector and 9.8% of the utilities sector, according to the research.
  • At the individual stock level, Tanger Factory Outlet Centers, a real estate company that invests in shopping centers, has had nearly 32% of its float taken over by ETFs, by far the most of any stock.
Critics of passive investing argue it is inflating the prices of high-flying stocks such as Amazon and creating a bubble in those names. However, data compiled by Ned Davis Research shows the bubble may be forming elsewhere.

The firm found that real estate and utilities stocks are the two sectors that have benefited the most from the rise of passive investing vehicles including exchange-traded funds. ETFs hold more than 11% of the real estate sector and 9.8% of the utilities sector.


At the individual stock level, Tanger Factory Outlet Centers, a real estate company that invests in shopping centers, has had nearly 32% of its available stock, or float, taken over by ETFs, by far the most of any stock.

Geisdorf called Tanger the “outlet mall aristocrat” since it’s part of a group companies — SDY components — that has raised its dividend for at least 20 years. But that won’t last long, he says.

“Short sellers don’t think SKT will remain an aristocrat for long with 40% of its float held short,” Geisdorf said. If pressure on brick-and-mortar retailers intensifies, “SKT’s funds from operations will come under pressure, making it harder for the company to continue boosting its dividend.”
 
Microsoft, Apple, Amazon and Facebook are some of the best performers in recent years and hold the most weight in the S&P 500. However, ETFs own only a fraction of these stocks. Around 5% of Microsoft and Amazon’s floating shares are owned by ETFs. Meanwhile, ETFs own 5.4% and 4.8% of Apple and Facebook, respectively.

Perhaps one of the reasons stocks like Tanger aren’t on investors’ radars is because they are not nearly as popular. Geisdorf points out that Tanger is not a top 10 holding in any ETF, so it doesn’t appear on most fund fact sheets.

Tanger is “the stealth king of the passive bubble,” Geisdorf said.
 
lol LK up huge again today for no good reason. Wish I'd nibbled low on that shit.
 
rob mafia said:
stretching out my margin on all these sudden deals.



...do you seriously not know what a cliche is?
Click to expand...

Explain to me how cut off the head of a snake is cliche but "pull the rug out" is not. Go ahead.

Are your stupid Borat images cliches?
 
Cramer just pumped Levi. lol. Said it is no longer in the danger zone. lol another cliche.

chart.ashx
 
Elastic NV is a search company that builds self-managed and SaaS offerings for search, logging, security, and analytics use cases[2].

Elastic has thousands of subscribers including Cisco, eBay, Goldman Sachs, Microsoft, Mayo Clinic, NASA, The New York Times, Wikipedia, and Verizon which use the Elastic Stack to power critical system

 
I know a winner when I see one. Ok, not really, but this ESTC looks good. It has had quite a runup. It reminds me of Liveperson. It does for search what Liveperson does for messaging. You hail Uber? ESTC finds yours ride. You swipe somebody on Tinder? ESTC again.
 
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