FAANG: scommesse short oltre $37 miliardi. La classifica dei titoli più colpiti

Le scommesse short sui FAANG salgono oltre i 37 miliardi di dollari. Chi sono i più colpiti? La classifica.

Le scommesse short sui titoli FAANG continuano ad aumentare.

Il settore tech di Wall Street ha messo a segno performance strabilianti dall’inizio dell’anno ad oggi, eppure con il passare dei mesi gli investitori e i semplici osservatori di mercato hanno iniziato a nutrire sempre più sospetti.

Secondo i dati più recenti, i più pessimisti hanno shortato circa 37 miliardi di dollari di titoli FAANG, tra cui Facebook, Apple, Amazon, Netflix e Alphabet e sono in molti, oggi, ad attendersi una correzione che riguarderà l’intero comparto.

I titoli FAANG più shortati

Nonostante la lungimiranza dei suoi vertici, nonostante la continua espansione del business e l’innovazione da sempre accompagnata al suo nome, è Amazon il titolo FAANG più scaricato, con $10 miliardi di interessi short secondo i dati al 28 agosto riportati da Bloomberg.

“I titoli tech hanno registrato un’ampia corsa quest’anno. Tuttavia più grande è la salita più grande sarà la caduta ed è per questo che essi sono stati indicati come da shortare”,

ha affermato Ihor Dusaniwsky, head of research di S3 Partners, società dalla quale sono stati estratti i dati dell’indagine che ha fatto il proprio ingresso sul mercato proprio in concomitanza con i nuovi record del Nasdaq.

Nella sessione di martedì scorso l’indice è schizzato sopra gli 8.000 punti: quest’anno i FAANG hanno contribuito al 48% dei guadagni dello stesso ancora secondo i dati.

Stando a quanto emerso dalla citata analisi, la classifica dei big tech di Wall Street più shortati può essere così riassunta:

Tra i più shortati dal punto di vista mondiale, invece, sicuramente Alibaba ($19 miliardi), poi ancora Ping An Insurance ($13 miliardi), Tesla ($10,5 miliardi), Microsoft ($5,1 miliardi) e Takeda Pharmaceutical($4,7 miliardi).

Fonte: qui

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"Big Short" Steve Eisman Recommends Shorting Deutsche Bank; Bets Against Canadian Banks, Wells Fargo

Steve Eisman, who correctly predicted the collapse of subprime mortgages before the 2008 financial crisis and was subsequently popularized in the move The Big Short, appears to have had a change of heart on the banking sector. Recall that just two months ago, Eisman explained to CNBC that he was bullish on bank stocks, claiming that the financial "industry is so well-capitalized today that I don't see any problems emerging for a very long time ... I sleep very well. I just don't see any systemic risk on the horizon."

And while he still believes the "financial system in the US is safe", he is far less optimistic on what is going on abroad.

Speaking in an interview with Bloomberg TV, Eisman said that "Deutsche Bank is a problem bank," has "real profitability issues,” and predicted that it will probably have to raise capital next year; he refused to disclose however if he was short shares.

Eisman's bearish turn on Germany's largest bank comes just weeks after DB's new CEO announced that as part of a major restructuring and cost-cutting, the bank would scale back U.S. rates sales and trading, reduce the corporate finance business in the U.S. and Asia and review its global equities business. The measures will lead to a “significant reduction” in the workforce this year. Commenting on this, Eisman said the firm has to "shrink dramatically."

The good news is that while Deutsche’s return on equity trails that of its main competitors, the bank’s capital cushion is comparatively strong with a Tier 1 equity capital ratio of 13.4%, above the average among its largest peers. That however has not stopped Deutsche shares from slumping 34% in the past 12 months, the second-worst performance on the MSCI Euro index and far more than the 4.9% decline in the Bloomberg Europe 500 Banks index in the same period.

It wasn't just Deutsche however, as Eisman also recommended shorting Canadian financial companies, saying "Canada is ok, but Canada will have some issues with their housing market", and reiterated that he is still short Wells Fargo.

Eisman, who was played by Steve Carell in the movie "The Big Short", is most famous for his early bets against the housing market before the 2008 crisis. At the time, Eisman worked at FrontPoint Partners LLC, and joined Neuberger Berman after closing his hedge fund Emrys Partners in 2014.

Eisman also said that he doesn’t currently see opportunity in bond market, and predicted that long-short investing is making a comeback as volatility is here to stay; Eisman explicitly refused to comment on the financial situation in China.

His Bloomberg interview is below. Fonte: qui