Daily Alpha · Reddit
· Premarket Alpha · by Buzzberg Research
r/wallstreetbets split between buying the Nvidia selloff and buying puts; other posts covered Heidmar's valuation, CVS's retail spin-off and Take-Two ahead of GTA VI.
Themes on this desk
Nvidia dip vs puts
r/wallstreetbets commenters split between buying Nvidia shares and calls into the panic selling and buying puts over CEO credibility concerns.
Highest engagement
by score · day changeMichael Burry's QQQ and SMH put bets are credited with recent gains
The post credits Michael Burry's index and semiconductor short bets, QQQ and SMH puts, with recent gains.
Gotta Give Michael Burry His Flowers Obviously Michael Burry has a mixed record, but back in early October he shared
The author wonders whether further downside follows, without stating a position.
Source →CVS's spun-off retail pharmacy business is structurally unprofitable, one author argues
The author argues CVS's spun-off retail pharmacy business is structurally unprofitable.
$CVS is spinning off its struggling retail operations due to anti trust concerns, but is it worth anything?
The author says shareholders receiving spin-off shares should sell them.
Source →Take-Two is down 9% into GTA VI and earnings
The author compares Take-Two's current weakness ahead of earnings and GTA VI with prior GTA launch cycles, without a directional call.
Down 9% Into GTA VI: Smart Entry or Warning Sign?
The post frames the pre-earnings setup as either a smart entry or a warning sign.
Watch Take-Two's earnings ahead of GTA VI.
Source →Heidmar pitched at about 6x forward earnings with the cash stripped out
The author presents Heidmar as an asset-light, cash-rich ship manager trading at about 6x forward earnings with strong growth.
$HMR back on its 200 day at ~6x forward earnings with the cash stripped out Same pattern every quarter:
The author advises waiting for technical confirmation at the 200-day moving average before entering.
Watch Whether HMR holds its 200-day moving average.
Source →Africa imported about 15 GW of Chinese solar panels in a year, per Ember data
The post examines Ember data showing about 15 GW of Chinese solar panel imports into Africa and asks whether customs data reflects real installs.
Africa imported about 15 GW of Chinese solar panels in a year. Where is it all actually going?
It asks whether behind-the-meter growth helps or hurts utilities.
Source →Most argued
by comments per upvotePlain SOXX beats leveraged SOXL in a choppy semiconductor tape, one author argues
The author argues SOXL's leveraged decay and remaining downside make plain SOXX the better vehicle in a choppy or retracing semiconductor tape.
Soxx is still decently up YTD, soxl lost all of its ytd.
Leveraged decay matters for holding semiconductor exposure through a choppy tape.
Source →A commenter buys calls to front-run the CPI print
The author expects markets to front-run CPI into the print and is buying calls.
why should the markets be red tomorrow?! last thursday was the most brutal sell off in a while.
A hotter-than-expected CPI is the stated downside risk.
Watch The CPI print.
Source →