David Tepper Says He’s Covered His Nasdaq Short, Thinks Selling Could Be Ending

Seeking Alpha2022-05-10

Billionaire hedge fund manager David Tepper said that he covered his Nasdaq short.Tepper expects the Nasdaq index to hold at 12,000, according to CNBC's Jim Cramer, who spoke to Appaloosa's Tepper ...

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Targarean
·2022-05-11
I sure hope you're right, David 💪🏼
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BennyTay
·2022-05-11
🤔
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SPOT_ON
·2022-05-11
Oh
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DarkRaven
·2022-05-11
Ok
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1
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DarkRaven
·2022-05-11
Ok
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2
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Kel9670ong
·2022-05-10
Not bad
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Hugo boss
·2022-05-10
Okok
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Hugo boss
·2022-05-10
Okok
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NPC69
·2022-05-10
K
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Prudens
·2022-05-10
Ok
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Prudens
·2022-05-10
Ok
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SanWan
·2022-05-10
Ok
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SanWan
·2022-05-10
Ok
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AMDidass
·2022-05-10
K
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May88888
·2022-05-10
Ok
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May88888
·2022-05-10
Ok
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bullrun
·2022-05-10
Like pls
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Natlow
·2022-05-10
Ok
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Natlow
·2022-05-10
Ok
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bhahab
·2022-05-10
F
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Nasdaq 100 futures (NDX) +2.4%. Year to date, the Nasdaq 100 is off 25%.Monday witnessed the Nasdaq Composite crumble to an 18-month trading low. The index is now off 28.3% from its record high. Along with this slide, the Invesco QQQ Trust (QQQ), which tracks the Nasdaq 100 stocks, is down 25.5% YTD and has closed below $300 a share for the first time since Mar. 8, 2021.On Friday, Tepper said that \"Central banks have a little bit of a credibility problem.\"","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9065578701,"gmtCreate":1652225848703,"gmtModify":1676535054658,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":7,"crmLevelSwitch":1,"idStr":"3573540190522229","authorIdStr":"3573540190522229"},"htmlText":"I sure hope you're right, David 💪🏼","listText":"I sure hope you're right, David 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