Carl Icahn "Concerned" About "Lack Of Stock Selling" Last Few Weeks

Tyler Durden's picture

Newly announced special advisor to Donald Trump on regulation, billionaire Catli Icahn, is worried. During a lengthy interview with CNBC's "Fast Money Halftime Report," Icahn was repeatedly asked if he was concerned about the market - which has shot up considerably since Trump won the presidency - "it's nuts that the market's up 12% in a couple weeks."

  • *ICAHN: BECOMING MORE HEDGED AS STOCK MARKET RUNS UP
  • *ICAHN: CONCERNED LACK OF STOCK SELLING LAST FEW WEEKS
  • *ICAHN REITERATES CRITICISM LOW INTEREST RATES CAUSED BUBBLES
  • *ICAHN: ILL THOUGHT-OUT TO KEEP INTEREST RATES SO LOW THIS LONG
  • *ICAHN SAYS BE WARY, MANY UNCERTAINTIES AHEAD FOR STOCK MARKET
  • *ICAHN: YEAH I’M CONCERNED ABOUT THE MARKET IN THE SHORT TERM

Note that all of the market's gains of the last two years are in this post-Trump period...

Icahn admitted he was "concerned about the market in the short term" because there are "so many factors here that you have to worry about," warning about China...

"If you get into a trade war with China, sooner or later we'll have to come to grips with that," he said. "And maybe it's better to do it sooner, but that's not my decision at all."

 

"I remember the day something like that would really knock the hell out of the market," he continued. "But maybe if you're going to do it, you should get it over with, right?"

Icahn was, however, not finished, as he warned that it was "dangerous to have all the money 'dammed up' in ETFs" slamming companies who deferred capital investment to buyback more stocks - Icahn called for government to "control" companies and implicitly prevent them from using borrowed money to buy back stock...

Finally, on questions relating to conflicts-of-interest for Icahn, who will be providing advice on an SEC head and a regulatory agenda that, in many cases, effect his investments, the billionaire told CNBC such sentiment was "crazy."

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
silverer's picture

I'm concerned about lack of stock buying. But only the mining stocks. lol

Syrin's picture

Dude looks like Count Dooku

JRev's picture

Fitting, as Icahn poured a cool $100 mil into a bogus St. Petersburg, FL airline whose DC-9s were caught flying tons of cocaine into the country:

http://www.madcowprod.com/2016/03/09/donald-trump-palm-beach-homies/

"Allegedly." Moving that kinda weight, flying into the South while Jeb Bush was governor, one might conclude Icahn was helping run a CIA drug front. Allegedly. 

asteroids's picture

Study O'Leary carefully. He could be Canada's next prime minister.

I'm Broke AF's picture

Icahn is full of it, he wants us all to sell so he can BTFD...remember, this is the same guy that said in 2015 we were in a danger zone, then on election night he goes in and buys up everything sending PE through the roof.  Now he wants you to be afraid again because there's no sellers.

----_-'s picture

business rule 1) dont trust your business partner

business rule 2) your business partner is doing business with you because he wants profit

Darktarra's picture

I hope the market corrects/crashes before Trump takes office; otherwise they will blame any downturn on Trump!

More Ammo's picture

It is Bush's fault.

It is Putin's fault.

It is Trump's fault.

 

Slingsby's picture

Are we still on the BTFD plan?

Rainman's picture

He uses the words ' crazy ' and ' nuts ' a lot, huh ?

Jayda1850's picture

This will be my final post of the day as the alcohol slowly takes my cares away into the bliss of oblivion. But, being an alcoholic, and at most times a snobby one. I could not let this travesty stand. I admit I can not confirm or verify this as a legitimate post, though with Trump anything is possible, but if I had to pay $15 for this vodka martini that is clearly half ice. I would throw it in the bartender's or Trump's face. Sadly, I know Trump would be on his twitter account the very next day saying, "I have the most wonderful bartenders in the world and they make the best martini's, absolutely tremendous. I don't drink, but I hire only the best people."

https://mic.com/articles/162489/this-is-what-a-martini-looks-like-at-tru...

bearwinkle's picture

Wow, you got screwed on the martini, you sure that not a pinot gris with ice and an olive. LOL!

 

Arnold's picture

Hey, my wife puts ice in beer.

Said she learned it on a recent trip to Canada.

Some days I feel that she puts a good effort in to push me over the edge.

yogibear's picture

Continues climbing the wall of worry.
Tump effect is making all the libtards look so wrong.

wisebastard's picture

i remember reading an article how one large hedge fund bought the lows of the elections which pushed the markets upward and how the manager sold gold to. his reasoning really did not make sense to me. he said because of trump he is no longer concerned about the previouse monitary policy which makes no sense......none at all......but hey yall all time fucking highes......

Osmium's picture

Something is up after Ichan spoke.  XIV down over a buck in a half hour.  

buzzsaw99's picture

like i'm going to read anything that maggot has to say.

SharkBit's picture

The dude is in investor.  Respect that.  But wait for the jew hand on the shoulder to pull back.  Oh wait!  He is a jew.  What should I do?

MexInvest's picture

Okay Tyler Too many contradicting articles right next to each other. 

 

Thanks to the guys on here who have been showing the pasty record of Shepwave.com

 They nailed the election. 

Nailed the Trump rally when all of the other pundits were saying the markets would crash if he won. 

On election night in the US when the Dow futures were down over 800 points they issued a strong buy now signal.

 

They even said that this week would be a range bound tight trading range.

Here are some of the links I found to show some of their past charts which show that they do predict market movement before the markets move.

 https://www.facebook.com/Stock-Market-Technical-Analysis-Elliott-Wave-Theory-166578775325/

FB post…showing QQQ chart from Dec 2nd

https://www.facebook.com/166578775325/photos/a.10153488951800326.1073741827.166578775325/10154303985890326/?type=3

 

 

 https://t.co/LM81DZlPyF

 

 

 

Van G's picture

Have you seen the wave analyst's work in the VIX.  They are good.  Only ones who seem to get the ViX and what its use is.

Atomizer's picture

Carl is a idiot. Doesn't know when to pull the slot machine handle.

Carl Icahn is Betting on a Stock Market Crash With a 149% Net Short

MikeOz's picture

Due to it being a totally RIGGED system, they are just playing games. Let the Dow sink a little bit for awhile, then WHAM, send it skyrocketing again with all those Trillions printed out of thin air! Anyone playing this roulette wheel is going to come off second best! & you will deserve it!!

moneybots's picture

Icahn admitted he was "concerned about the market in the short term"

 

Short term? Why would he be concerned about short term, if it is going to be higher long term?

Dr. Dooms-a-lot's picture

Seems simple. Everyone is waiting to sell until next year because they think taxes will be lower.

HokumYTrader's picture

Gee Ichan loved it when he pressured Apple to borrow money for stock buybacks

onmail1's picture

With too much cash available
(due to QE)
Corpns buying their own stock
making stocks rise high
Now who will buy?
The only path is

D

o

w

n