- "Our second tech bubble in 15 years," is how David Einhorn - writing in his investor letter - describes the current period. While shorting a number of high-fliers, Einhorn has limited those "dangerous" bets. “What is uncertain is how much further the bubble can expand, and what might pop it."
- Greenlight Capital lost 1.5% in Q1, and shorts like Green Mountain and Chipotle haven't panned out. Greenlight Capital RE (GLRE) is off 7.5% YTD.
- Earlier: Greenlight throws in the towel on Chipotle, goes long Conn's.
- ETFs: QQQ, PSQ, TQQQ, QID, SQQQ, QLD, QQEW, QQQE, QQXT, TNDQ