- Reaction score
- 957
Great news if you are an Avis Budget stockholder. I guess the question is why?
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com
-
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
-
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
-
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
tsptalk's Market Talk
- Thread starter tsptalk
- Start date
James48843
TSP Talk Royalty
- Reaction score
- 1,188
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
- Reaction score
- 2,998
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.
Oil, gold, silver and cryptos are all up along with the stock market this morning.
Tesla reports earnings today after the closing bell.
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.
Oil, gold, silver and cryptos are all up along with the stock market this morning.
Tesla reports earnings today after the closing bell.
- Reaction score
- 2,998
- Reaction score
- 957
Well, if you bought at the beginning of April and sold today you still made money. If you sold yesterday a nice chunk of change.
- Reaction score
- 2,998
- Reaction score
- 957
It did recover and closed at 7108. But still a negative close. Flip the coin. What will happen today?
- Reaction score
- 2,998
Not a whole lot going on this morning with the indices mixed but mostly higher thanks to Intel's strong earnings report after the bell last night. That report is helping the semiconductor index to its 18th consecutive positive day.
The S&P 500 is up but it has been moving sideways for a week digesting some of its recent gains.
The VIX is back testing some support as it falls to where it was pre-Iran war. It is still fairly elevated given the S&P 500 trading near its all time highs.
The DOJ is dropping its investigation into Jerome Powell so Kevin Warsh's path to being the new Fed chair just got easier.
The S&P 500 is up but it has been moving sideways for a week digesting some of its recent gains.
The VIX is back testing some support as it falls to where it was pre-Iran war. It is still fairly elevated given the S&P 500 trading near its all time highs.
The DOJ is dropping its investigation into Jerome Powell so Kevin Warsh's path to being the new Fed chair just got easier.
- Reaction score
- 2,998
Not much happening in the stock market today. The indices are near the flat line in early trading.
This week does have a poor record during midterm election years
According to @WayneWhaley on X; Going back to 1930, during April 21-28 of a midterm election year, the S&P 500 has a losing record of 6 up and 18 down weeks for an average loss of 1.61% with the 1% moves 2 up and 13 down.
You probably saw the Avis chart (CAR) in the forum ere over the last week or so. The dramatic up and down of that stock has really impacted the Transportation Index, which is considered the market leader. Being a car rental company, I'm not sure how much that leadership will impact the rest of the market as it can do, but here's what's been happening.
What's coming up?
Mag 7 earnings this week. On Wednesday after the closing bell we get reports from: Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (META), and Amazon (AMZN). And on Thursday Apple (AAPL) reports.
Fed meeting and interest decision on Wednesday, and the PCE Prices data on Thursday.
This week does have a poor record during midterm election years
According to @WayneWhaley on X; Going back to 1930, during April 21-28 of a midterm election year, the S&P 500 has a losing record of 6 up and 18 down weeks for an average loss of 1.61% with the 1% moves 2 up and 13 down.
You probably saw the Avis chart (CAR) in the forum ere over the last week or so. The dramatic up and down of that stock has really impacted the Transportation Index, which is considered the market leader. Being a car rental company, I'm not sure how much that leadership will impact the rest of the market as it can do, but here's what's been happening.
What's coming up?
Mag 7 earnings this week. On Wednesday after the closing bell we get reports from: Microsoft (MSFT), Alphabet (GOOGL), Meta Platforms (META), and Amazon (AMZN). And on Thursday Apple (AAPL) reports.
Fed meeting and interest decision on Wednesday, and the PCE Prices data on Thursday.
