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2022-05-10

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

Billionaire hedge fund manager David Tepper said that he covered his Nasdaq short.Tepper expects the

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

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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.</p><p>On Friday, Tepper said that &#34;Central banks have a little bit of a credibility problem.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>David Tepper Says He’s Covered His Nasdaq Short, Thinks Selling Could Be Ending</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDavid Tepper Says He’s Covered His Nasdaq Short, Thinks Selling Could Be Ending\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-10 21:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3835915-appaloosas-david-tepper-i-covered-nasdaq-short><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://seekingalpha.com/news/3835915-appaloosas-david-tepper-i-covered-nasdaq-short\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3835915-appaloosas-david-tepper-i-covered-nasdaq-short","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2234369961","content_text":"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 earlier.Stock index futures point to a bounce at the open Tuesday after the S&P 500 lost the 4,000 level in broad selling yesterday. 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