‘These Go To 11’: Nomura’s McElligott Doubles Down On ‘Powerful Blast Of Equities Upside’ Call

‘These Go To 11’: Nomura’s McElligott Doubles Down On ‘Powerful Blast Of Equities Upside’ Call

Fresh off of Monday's "a violent short squeeze could be in the cards" call, Nomura’s Charlie McElligott is back and as you can probably imagine, he's sticking with that in light of Tuesday morning's rally. The good mood on Tuesday morning came courtesy of headlines that suggest China is considering slashing tariffs on U.S.-made cars to 15% from 40%. That news that was itself a kind of follow-up to the story about Steve Mnuchin and Lighthizer chatting with Vice Premier Liu He on the phone, an
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5 thoughts on “‘These Go To 11’: Nomura’s McElligott Doubles Down On ‘Powerful Blast Of Equities Upside’ Call

  1. Surely Mr. McE is aware that many spec funds Now end their fiscal/reporting years on Oct 31 or Nov 30. Partly do they can play in the year-end liquidity anomalies.

    So they may not be under the reporting pressure he is counting on?

  2. Congrats to Herr H! You made it to the show:

    https://www.marketwatch.com/story/a-violent-and-crushing-move-higher-is-taking-shape-this-month-analyst-says-2018-12-11

    Hopefully you don’t become one of the ‘current’ darlings like Gilbert and Gayed before him. Gayed (he who was compelled to use the term melt-up in every essay) is never heard from any longer and Gilbert is only a few waves behind. But I don’t think you ever will because you never advise anyone.

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