GOOG

Bears Throw In The Towel: FANG Shorts Hit All Time Low

The FANG bears have capitulated: short interest for the four companies has sunk to a new record low, and collectively the short bets against FANG stocks accounted for just 2% of their traded shares, an all time low.

Goldman Wins Patent For Its Own Cryptocoin Technology

Goldman Sachs has clinched an important victory in its race to transition from a stodgy investment bank into a fintech powerhouse: It has been awarded a patent for its proposed "SETLcoin" cryptocurrency settlement system.

Risk... Is How Much You Lose When You're Wrong

"Historically speaking, such levels of exuberance have tended to have poor outcomes for investors who did not realize the level of 'speculative risk' that had built up in portfolios over time... This 'time' will not turn out any differently – it is just the 'timing' and the 'catalyst' that will be..."

Weekend Reading: Charged With Obstruction

No! I am not talking about President Trump but rather the crash in both Technology stocks, and Oil prices, which are obstructing the continuation of the “bull market.”

Viking Returns $8 Billion To Investors As CIO Departs

Viking Global Investors, one of the world's largest hedge funds founded in 1999 by Andreas Halvorsen, is returning about $8 billion to investors as CIO Daniel Sundheim departs to pursue his own business interests, Bloomberg reports.

The First Crack Appears In The Second Tech Bubble

In the loudest alarm yet that the second tech bubble may be about to pop, investors pulled more than $716 million from the most popular tech ETF - the XLK- last week, its largest weekly outflow in over a year.

Hedge Funds Pile Into Just Six Tech Stocks

With an average gain of 26% , it’s hard to overstate the influence of just six stocks on the U.S. stock market in the first quarter: Facebook Inc., Apple Inc., Amazon.com Inc., Microsoft Corp., Alphabet Inc. and Netflix Inc.

Household Spending Growth Expectations Crash To Cycle Lows

Despite record high stock prices, soaring consumer sentiment measures, and the constant Fed-spun narrative that incomes will rise amid 'full-employment', the latest survey of Americans by The New York Fed signals hope is collapsing for a spending renaissance...

Just These Five Companies Account For 28% Of The S&P's 2017 Returns

Year to date the top 10 contributors have combined to account for 37% of the S&P 500 index return (more than double their market cap representation of 17%). The concentration among the top five is even greater, with those firms – AAPL, FB, AMZN, GOOGL, and MSFT – accounting for 28% of the return and 12% of market cap.

"Alexa... Should I Buy Stocks?"

Are retail investors buttressing US stocks at current (and elevated) levels? A variety of indicators say "Yes". Our primary concern: fund flows can be quite seasonal, with Q1-to-early Q2 a peak period due to retirement account flows. After mid-April, this diminishes considerably. Then, we will need a reliable stream of positive headlines to keep retail investors in the game.