7-26-2021: Oil Prices Take a Hit After Massive Hedge Fund Sales
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 27 July 2021
⏱️ 47 minutes
🧾️ Download transcript
Summary
Much of the bullish sentiment and hedge fund position-building that helped push Brent crude towards a multi-year high has since ebbed away.
Today's Stocks & Topics: Buying a House, BABA - Alibaba Group Holding Ltd. ADR, Mortgage and Foreclosure, Pass Performance, Credit Scores, CROX - Crocs Inc., Pensions, WISH – Context Logic Inc., PLBY - PLBY Group Inc., EAF - GrafTech International Ltd., HCSG - Healthcare Services Group Inc., BMEAX - BlackRock High Equity Income Fund Investor A, PRIM - Primoris Services Corp., SLGN - Silgan Holdings Inc., MSFT - Microsoft Corp.
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Transcript
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| 0:00.0 | Now, on this Invest Talk podcast, Justin Klein listens to your questions. |
| 0:07.0 | Call about ticker symbol wish, WISH. |
| 0:10.0 | It's kind of gotten a lot of attention from wall street bets, groups. |
| 0:14.0 | But I think underneath that it's a great fundamental company. |
| 0:17.0 | And provides unbiased answers. |
| 0:20.0 | All right, looking at wish is a symbol context logic. |
| 0:23.0 | And I'm not seeing the fundamentals that you're looking at. |
| 0:26.0 | They don't make money, they've never made money. |
| 0:28.0 | Their free cash flow remains deeply negative even in a time where there's a lot of tailwinds. |
| 0:34.0 | Invest Talk. |
| 0:35.0 | Over 32 million downloads and counting. |
| 0:38.0 | I have a quick question about Microsoft looking for an entry point. |
| 0:43.0 | Your participation makes it unique. |
| 0:46.0 | 880 99 sharp. |
| 0:53.0 | This podcast is produced by KPP Financial. |
| 0:57.0 | Steve Peasley, president. |
| 0:59.0 | KPP Financial. |
| 1:01.0 | Independent thinking shared success. |
| 1:04.0 | And out today's podcast. |
| 1:09.0 | Good afternoon fellow investors and welcome to Invest Talk. |
| 1:14.0 | This is our July 26th, 2021 edition. |
| 1:17.0 | And summer is rolling through. |
... |
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