Skip to content
Stouff Capital |
  • Trades:
    • Trade Recap
    • Trade Recap 2024
    • Trade Recap 2023
    • Trade Recap 2022
    • Trade Recap 2021
    • Trade recap 2020
    • Trade recap 2019
    • Trade recap 2018
  • Research
    • Letters in 2025 (but also 2021, 2022, 2023 & 2024)
    • 2020 letters
    • 2019 Dec & Nov letters
      • 2019 Review
      • previous letters (Nov 2019 to May 2018))
        • October letters
        • September letters
        • August letter(s)
        • July letters
        • June letters
        • April letters
        • Stouff letters March 2019
        • Stouff letters Feb 2019
        • Stouff letters January 2019
        • Dec 2018
          • Nov18
          • Oct18
          • Sept18
          • Stouff letters in August
          • 2019 Brokers views
          • bullish EEM
  • Portfolio
    • US Longs
      • performance
    • US low vol best EPS
      • performance
    • SC US IPO list
    • US Shorts
    • European Longs
      • performance
    • EU Shorts
    • EU low vol best EPS
      • performance
    • SC Asia longs – includes some EM equities
    • Japan portfolio
    • U2 European portfolio
    • SC Portfolios Tableau
    • EM ex Asia Longs
    • SC PlaYing China
  • Factory
    • Stock score
      • chart
      • EPS growth decomposed
      • Eps reaction
    • Tableau global grades
      • Past earnings
      • Coming earnings
      • UP EPS SS MF
      • Tableau Short(s)
      • Tableau Vol
      • Tableau grades
        • tableau slowdown
        • tableau recovery
        • tableau contraction
        • Momentum
    • Global Grades Scatter
      • Grades Dynamics Screen
      • Options Trade Screen
      • Screens
        • Screen all stocks
        • Best stocks per sector
        • Sector & Ind.
        • Industry
        • stock regression
        • regression 1mth chge
        • regression 2nd derivative
        • value vs growth
        • Map
    • Cheap & growing
    • Best in class
    • Tax
    • worst in class
    • Perfect Grades Screen
    • Perfect Short Grades Screen
  • Fractals
    • Fractal Presentation Dashboard
    • Fractal Creation Dashboard
    • Fractal research
      • Fed Independance Trade Vs Inflation Trade
      • Rate Cut 2025
      • Fractal 2024-2025
        • Der Kaiser
      • Fractals 2024
      • Fractal Omicron
      • fractal 091120
      • fractal 20211208
    • quantitative research
      • Macroscopic
        • Macro
          • Real-time letter
          • Macro Trades 2022
          • Macro Charts
          • Letter Macro – March 2022
          • Macro Letter – Feb 22
        • Economics
        • Liquidity in US
        • Liquidity China
        • Social politics
          • Trade Wars
          • Itexit
          • Us politics
          • Brexit
          • French ‘Yellow Vest’ Protests
          • CoronaVirus
        • FX
        • Equity Flows
        • Commodities
        • The Fed has reinitiated the Put Fed
        • The ECB
      • The Char(t)atans
        • Europe
        • Charts EM
        • Charts japan
        • Technical Analysis
          • SIGNALS
      • Themes & sectors
        • energy
        • Finance
        • Health-care
        • Homebuilders
        • materials
        • Technology
        • US Staples
        • Disruptors names
        • Holdings
          • Adsk
          • Avgo
        • names dropping
        • M&A lists
      • ESG
        • ESG letter Feb 2020
        • ESG ETFs analysis
        • ESG & Women lists
        • ESG SC PORTFOLIO
        • ESG REPORTS [NLP]
      • BACKTESTS
        • Earnings lab
          • Analyst ratings analysis
          • Analysts impact
          • Earnings EU
        • lab AP
        • Seasonality
          • DAY Studies
          • Moon
        • Hedge funds
        • IA
        • Volatility
        • Positioning
        • Insider quant
        • sentiment
          • Crash anatomy
        • Backtest citi earnings revision indicator
        • Market regime
      • Factors and risk premia
        • Value
        • Mean reversion
        • Dividend
        • Small caps
        • Momentum
        • Short Interest
        • Industry rank
  • Crypto
    • Real-time Letter Crypto 2025 (c) – November
    • Real-time Letter Crypto 2025 (c) – Historic
    • Model Bitcoin 40-40-40
    • Blog crypto
    • Singularity project
  • Stouff Capital at a glance
    • Our approach
    • Matrix
      • US Sector Matrix
      • EU Sector Matrix
      • Japan Matrix
      • Asia Sector Matrix
      • FX Matrix
    • Sentiment Dashboard
    • Autocorrelogram
    • Seasons
    • Stocks selection
    • We are long convexity
    • Our products
      • The Urizen Fund
        • Carnet de bord
        • Analytics
          • Performance Nov 2018
          • Performance Dec 2018
        • Positions vs grades
        • Book vs SC portfolios
      • Press
      • Urizen letters
      • Global equity Long products
      • Singularity project
      • Disclaimer
      • MLAI
      • Contact
        • Books and arts
Menu Close
  • Trades:
    • Trade Recap
    • Trade Recap 2024
    • Trade Recap 2023
    • Trade Recap 2022
    • Trade Recap 2021
    • Trade recap 2020
    • Trade recap 2019
    • Trade recap 2018
  • Research
    • Letters in 2025 (but also 2021, 2022, 2023 & 2024)
    • 2020 letters
    • 2019 Dec & Nov letters
      • 2019 Review
      • previous letters (Nov 2019 to May 2018))
        • October letters
        • September letters
        • August letter(s)
        • July letters
        • June letters
        • April letters
        • Stouff letters March 2019
        • Stouff letters Feb 2019
        • Stouff letters January 2019
        • Dec 2018
          • Nov18
          • Oct18
          • Sept18
          • Stouff letters in August
          • 2019 Brokers views
          • bullish EEM
  • Portfolio
    • US Longs
      • performance
    • US low vol best EPS
      • performance
    • SC US IPO list
    • US Shorts
    • European Longs
      • performance
    • EU Shorts
    • EU low vol best EPS
      • performance
    • SC Asia longs – includes some EM equities
    • Japan portfolio
    • U2 European portfolio
    • SC Portfolios Tableau
    • EM ex Asia Longs
    • SC PlaYing China
  • Factory
    • Stock score
      • chart
      • EPS growth decomposed
      • Eps reaction
    • Tableau global grades
      • Past earnings
      • Coming earnings
      • UP EPS SS MF
      • Tableau Short(s)
      • Tableau Vol
      • Tableau grades
        • tableau slowdown
        • tableau recovery
        • tableau contraction
        • Momentum
    • Global Grades Scatter
      • Grades Dynamics Screen
      • Options Trade Screen
      • Screens
        • Screen all stocks
        • Best stocks per sector
        • Sector & Ind.
        • Industry
        • stock regression
        • regression 1mth chge
        • regression 2nd derivative
        • value vs growth
        • Map
    • Cheap & growing
    • Best in class
    • Tax
    • worst in class
    • Perfect Grades Screen
    • Perfect Short Grades Screen
  • Fractals
    • Fractal Presentation Dashboard
    • Fractal Creation Dashboard
    • Fractal research
      • Fed Independance Trade Vs Inflation Trade
      • Rate Cut 2025
      • Fractal 2024-2025
        • Der Kaiser
      • Fractals 2024
      • Fractal Omicron
      • fractal 091120
      • fractal 20211208
    • quantitative research
      • Macroscopic
        • Macro
          • Real-time letter
          • Macro Trades 2022
          • Macro Charts
          • Letter Macro – March 2022
          • Macro Letter – Feb 22
        • Economics
        • Liquidity in US
        • Liquidity China
        • Social politics
          • Trade Wars
          • Itexit
          • Us politics
          • Brexit
          • French ‘Yellow Vest’ Protests
          • CoronaVirus
        • FX
        • Equity Flows
        • Commodities
        • The Fed has reinitiated the Put Fed
        • The ECB
      • The Char(t)atans
        • Europe
        • Charts EM
        • Charts japan
        • Technical Analysis
          • SIGNALS
      • Themes & sectors
        • energy
        • Finance
        • Health-care
        • Homebuilders
        • materials
        • Technology
        • US Staples
        • Disruptors names
        • Holdings
          • Adsk
          • Avgo
        • names dropping
        • M&A lists
      • ESG
        • ESG letter Feb 2020
        • ESG ETFs analysis
        • ESG & Women lists
        • ESG SC PORTFOLIO
        • ESG REPORTS [NLP]
      • BACKTESTS
        • Earnings lab
          • Analyst ratings analysis
          • Analysts impact
          • Earnings EU
        • lab AP
        • Seasonality
          • DAY Studies
          • Moon
        • Hedge funds
        • IA
        • Volatility
        • Positioning
        • Insider quant
        • sentiment
          • Crash anatomy
        • Backtest citi earnings revision indicator
        • Market regime
      • Factors and risk premia
        • Value
        • Mean reversion
        • Dividend
        • Small caps
        • Momentum
        • Short Interest
        • Industry rank
  • Crypto
    • Real-time Letter Crypto 2025 (c) – November
    • Real-time Letter Crypto 2025 (c) – Historic
    • Model Bitcoin 40-40-40
    • Blog crypto
    • Singularity project
  • Stouff Capital at a glance
    • Our approach
    • Matrix
      • US Sector Matrix
      • EU Sector Matrix
      • Japan Matrix
      • Asia Sector Matrix
      • FX Matrix
    • Sentiment Dashboard
    • Autocorrelogram
    • Seasons
    • Stocks selection
    • We are long convexity
    • Our products
      • The Urizen Fund
        • Carnet de bord
        • Analytics
          • Performance Nov 2018
          • Performance Dec 2018
        • Positions vs grades
        • Book vs SC portfolios
      • Press
      • Urizen letters
      • Global equity Long products
      • Singularity project
      • Disclaimer
      • MLAI
      • Contact
        • Books and arts

take profit on tencent

We fade the fake news “trade deal on china” by closing our long on tencent at 301

You Might Also Like

update on our long list in europe (going a bit defensive)

June 8, 2018

We close our long in ABI BB at 85

August 28, 2018

triple witching: increase long gamma

June 12, 2018

Recent Posts

  • Buy our new Crypto strategy, Tyger (ISIN: DE000A4A54G6)
  • buy downside convexity on DAX
  • Buy Germany
  • Update on our US hedges
  • Short Japan
info @ stouffcapital.com