Tag Archives: Carl Icahn

Lately, one of my biggest duds of a call has been for the yield curve to steepen. Sure, I have all sorts of fancy reasons why it should steepen, but reality glares back at me in black and white on my P&L run. Sometimes fighting with the market is an exercise in futility. Now I know many of your eyes glaze over when I start talking about different parts of the yield curve flattening or steepening, but I urge you to...

  Smart Money Fleeing Stocks DUBLIN – The Dow dropped 180 points on Tuesday – or about 1%. And another clever billionaire says he is looking elsewhere for profits. Reuters: “Activist investor Carl Icahn on Monday said there was a chance the stock market could suffer a big decline, saying valuations are rich and earnings at many companies are fueled more by low borrowing costs than management’s efforts to boost results. “I am very cautious on equities today. This market could easily have...

On April 28, the catalyst the sent the stock price of AAPL to its post-August 25 frash crash lows, and launched a tremor not only within the Nasdaq but the broader market, was news that after several years of being AAPL’s biggest cheerleader, even coming up with price targets north of $200, Carl Icahn had suddenly cooled on the China-focused growth company, and had liquidated his entire stake. But as Icahn was selling, or just before as we don’t know precisely when Icahn, who has since...