short covering

Chad Slater

Within investing, dealing with success isn’t the problem; understanding when your roadmap isn’t working out is the hard part. If you change your mind too early, you run the risk of shutting down good ideas on what we’d call “noise”.  The original thesis on Woolworths in 2015 was of over-earning... Show More

Chad Slater

Well that escalated quickly. Whilst we always knew that publishing the names of our short positions would likely attract more attention (for better or worse), the narrative on the Platinum (PTM) leg of the MFG/PTM pair moved quicker than we expected. The last 3 weeks provide evidence to our assertion... Show More

Matt Felsman

Last week we saw a flood of Chinese data providing evidence that the world’s second-largest economy is stabilizing, with the improving economic data fueling a surge in raw material prices. In the last week the Shenzhen Composite registered a new Bull Market 20% signal, BHP put on 19%, Fortescue added... Show More

Mathan Somasundaram

Sunset Strip | Aussie market shot up on local and global short covering after RBA's dim economic outlook pointed to slower growth, more rate cuts, falling currency and higher equity/housing markets. Given the trading volume and the broad based substantial move up at these stretched valuation multiples, it is safe... Show More