Sell signals in Junk Bonds (JKN) and Amazon - k1t Capital
Oct 11, 2016, 01:14 PM
Simon Wajcenberg, CEO at k1t Capital, details the performance of their fund, and further offers his take on the Junk Bonds and the tech stock Amazon - spotting a sell signal on both. Wajcenberg is interviewed by Tip TV’s Zak Mir.
Wajcenberg makes a key observation…that there is absolute bullish consensus among analysts on Amazon. This type of one sided sentiment usually results in sharp move on the opposite side, he says.