Blackstone Group Stock (BX)

I have liquidated my three private equity stock (long) positions after a strong run recently: * $APO $129.72 (+$4.13) * $BX $134.58 (+$8.12) * $KKR $107.12 (+$5.69) Position: None

* And fading it… I don’t own and am currently short (and have been recently short C, JPM, GS, MS, UBER, NFLX, homebuilders, etc.) some of the most consensus sectors. I am long some of the most non-consensus sectors. Consensus Longs: * Memory: SanDisk ($SNDK), Micron ($MU), Intel ($INTC), AMD ($AMD), Applied Materials ($AMAT) (“it’s different …

See this tweet: But, more importantly, the subtweet under it: I think that is the leading indicator. Although I would modify the subtweet a bit. This also means the revenue growth is flattening. The spike we had that really kicked off this last rally was artificial. It was unsustainable tokenmaxxing (and apparently Anthropic also had a big 1x …

I am now short C ($C) and JPM ($JPM) against my private equity longs ($BX), ($KKR) and ($APOL) Positions: Long BX S KKR S APOL S; Short C S JPM S.

Added to private equity longs – all of them are a couple off the intraday highs: * BX ($BX) $121.64 *KKR ($KKR) $94.26 *APO ($APO) $118.95 Positions: Long BX S KKR S APO S