KORU Rebalances on MSCI Korea Close, Not US ETF
Hey Friends. Been digging through the $KORU Docs. With Kospi and MSCI Korea 25/50 down sharply overnight this thing is looking like a down 30% day. As far as I can tell its NAV and Rebalance timing is based on the closing prices of the MSCI Korea 25/50 which is currently closed AND NOT the EWY or any US ETF so the US close is not a rebalance event. Does anyone know for sure?
Investors Flee SPY for TLT, GLD, USO
People actually sold $SPY , bought $TLT and Bought $GLD and bought $USO on the open. Who the heck are these people?
Massive Buybacks Signal Shrinking‑to‑Grow Strategy
You know who has a buyback of more than 25% of their equity market cap? A company that is shrinking to "grow". Like $EK back in the day. Return of capital style buyback $CRM
DSData: Cheapest Real‑Time Analyst Beats AI on SPX‑NVDA Insights
Better than AI we have DSData powered by @DanielSimonyi details in pinned tweet Cheapest reasearch analyst on the planet. Client prompt "have you looked at how spx moved with prior NVDA earnings reactions? on train so can't look closely, but...
MSTR’s Upcoming SPX Addition Ignored by Pumpers
$MSTR the March SPX additions and subtractions are less than a month away and the announcement 10 or 17 days away. Why aren't any of the pumpers discussing the potential for addition? Have you given up?
Apple Becomes Modern Two‑Year Note, Rallies on Risk‑Off
Pretty cool that $AAPL has become the two year note of the modern age. Risk off equals appl rally.
Companies Issue Equity Under Pressure,
$WHR. Typical. Corporate strategy has always been Issue equity when you have to NOT when you can. Stocks down 7% on a forced issuance. $ORCL same story still dumping ATM every day https://t.co/vIGKQDwhZB
Buybacks Drop as Capex Takes Priority, ESO Dilution Fades
There are two reasons why buybacks are falling and likely to fall more 1. CApex as a use of FCF is deemed more important than share count reduction or SBC dilution offset 2. To the extent stocks fade the ESO awards provided...
New DSR Highlights Debt‑Equity Promise for Hyperscalers
New DSR released to clients. Part 3 in the Hamburger Series - Hyperscalers. As a reminder the idea is that to get a hamburger today one needs to promise to repay (issue debt and equity) on tuesday. ...
Meta's Compute Spend Aims Solely at Internal Profit
$META is an interesting case. Make a massive compute investment entirely for internal needs. Unlike virtually any of the big data center spend which in other cases is partly internal and partly to rent to others, META ROI seems...
Foreign Investment Steady, US Stocks Slightly Lagging
Balanced take from Bob. While the headline may be different than my "get out" thesis. The meat says the same. Flows suggest marginally weaker dollar and relative underperformance of U.S. stocks vs ROW. Don't panic out...
Smart Money Exits IBIT, Likely Profiting From MSTR Shorts
13F nonsense Look at all these sophisticated investors dumping $IBIT in Q4. Are they just dumb noobs to crypto with paper hands or perhaps they were unwinding short $MSTR long IBIT trades. And taking massive profits. https://t.co/6VVrnNnB6Z