Foley Trasimene Acquisition Corp.: “There are so many of these things that it’s very difficult to keep track of, and I don’t want you in them. We’re done with that era. I think we’ve got to let these stocks come down … It’s too darn hard for investors.”
Peloton: “It’s had a big run and I’m moving on.”
Tellurian: “It’s a terrific $2 spec. I call it a call option. It’s almost a lottery ticket, but I don’t like betting against [co-founder] Charif Souki.”
Palantir: “I don’t think this is the time to double down … You don’t double down until something has come down significantly enough to change your [cost] basis.” Read more…..
Chart of the Day
Icarus TV
“A year ago, we caught a weird bottom as the market experienced a changing of the guard, with the COVID winners taking over as the new leaders,” the “Mad Money” host said.
