tsptalk's Market Talk

Great news if you are an Avis Budget stockholder. I guess the question is why?
Here ya go:

AVIS - short

When hedge funds, and short sellers get in a stock war.

Two major investors, SRS Investment Management and Pentwater Capital Management, controlled over 108% of Avis Budget Group (CAR) stock as of April 2026, causing a massive short squeeze.

This effectively meant they owned more than the total outstanding shares when factoring in physical shares and synthetic positions like cash-settled swaps

Avis Budget Group (CAR) stock was up as much as 8% on Tuesday morning following a 23% surge on Monday. Over the past month, the stock is up over 500%.

What’s moving the stock: Avis appears to be facing a short squeeze.
The short interest in Avis as a percentage of shares outstanding currently stands at 25%, according to S&P Global Market Intelligence. That figure represents the portion of shares that are currently sold short and not yet covered: A ratio above 10% is considered high, while one above 20% is considered extreme, with a high risk of a short squeeze.

Remember this, the stock market at times is legal betting.

#stockmarket #thebigshort
 
Stocks are up after another ceasefire extension.

This could end up changing today, but it's interesting that the high this year on the S&P 500 is still made on April 17. That's inline with the average high date in the first half of midterm election years.

That's an average so the date is not in stone, but interesting.

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Oil, gold, silver and cryptos are all up along with the stock market this morning.

Tesla reports earnings today after the closing bell.
 
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