Year: 2021

Santa Klaus Sticker
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CapEx Team

Beware the Hype – OWTW

The below list (h/t to @silverguru22) caught our attention this week. It shows the performance — or rather underperformance — of the stocks CNBC host Jim Cramer urged the unsuspecting rubes investors to buy earlier this year. Most of these stocks were high-flying “growth” names completely disconnected from fundamentals. Not that that

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CapEx Team

Ghosts of the Dot-Com Bubble – OWTW

Our friend Tim Staermose shared this chart in the Hedgie Watercooler Telegram group (click here to get free access to the group). After mimicking the Nasdaq during the dot-com boom, Cathie Wood’s ARK Innovation ETF (ARKK) — the poster child of the current growth wave — seems to be also following

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CapEx Team

Time to Retire? OWTW

High up in their ivory towers, the pointy shoes just realized what most of us have known for some time — high inflation is not as transitory as they have spent months convincing us. Quite a 180 from earlier this year: Federal Reserve Chairman Jerome Powell said prices would rise this

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CapEx Team

Let them eat… soy – OWTW

  URANIUM: NO LONGER THE KODAK OF ENERGY When we first started pounding the table on uranium years ago, the yellowcake was the Kodak of energy. Dead. Here’s how Chris captured the sentiment around uranium at the time: Right now the uranium price is so depressed that it will require a near

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CapEx Team

The Next Tesla – OWTW

Last week we highlighted a SPAC merger deal involving an electric vehicle startup and a lingerie maker as a sign of how out of whack the market is right now. Well, this week we bring you another head scratcher: Rivian, a high-flying EV company pimped as the next Tesla. After

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CapEx Team

EVs & Lingerie – OWTW

Few things describe today’s market better than this proposed “marriage” of a lingerie company with an electric vehicle startup: Would this kind of stuff be happening if interest rates weren’t forced to historical lows? We think you know the answer…   REMEMBER THE SPAC BOOM? The above merger is just the

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CapEx Team

Coal: Sold Out – OWTW

Not really what you’d expect from a resource that’s supposedly on the way out, is it? “It’s pretty much sold out,” Peabody Chief Executive Officer Jim Grech said Thursday during a conference call. “We only have a small portion left to be sold for 2022 and for 2023.” Arch’s thermal

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