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Peloton day 2 update. Is it time to be Bullish Baba? And an awkward Arb play.

Peloton day 2 update. Is it time to be Bullish Baba? And an awkward Arb play.

Some thoughts on Alibaba, Peloton, and Capri

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Sleepysol
Aug 24, 2024
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Sleepysol’s Newsletter
Peloton day 2 update. Is it time to be Bullish Baba? And an awkward Arb play.
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Before we get into Peloton and Baba stuff I want to talk very briefly about the Fed news this week.

Fed Chair Powell spoke on Friday morning. And honestly, did it even matter? Everything he said has been telegraphed to death over the last two weeks I was somewhat surprised the market still found the strength to rally one percent-ish on his words.

The TL;…

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