“If you’re a long-term person, you better not be leveraged,” warned David Tepper.
Tesla shares surged about 300% in the past six months, hitting an all-time high on Tuesday. Analysts are warning investors that the run up won't last.
Goldman Sachs strategist David Kostin doesn’t think that’s any reason for investors to stay away from buying into those companies.
Levkovich referenced a note from earlier in the week that showed how the bank’s proprietary panic/euphoria chart indicated sentiment ramping up.