“Our goal was to completely change transportation. Change traffic. And make it possible to get anywhere you want to go without owning a car.” – Said Lyft Co-Founder and CEO Logan Green
Mad Hedge Hot Tips
March 29, 2019
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) Lyft Prices at $72 a Share, the top end of expectations, valuing the company at an eye-popping $24 billion. Never mind that the company is losing money hand over fist, it’s all about potential. The tech IPO bubble top has started! Click here.
2) Pending Home Sales Drop 4.9% YOY, and 1.0% in February. Give it another month or two for ultra-low interest rates to kick in for the lagging indicator. Avoid homebuilders (ITB). Click here.
3) Wells Fargo CEO Tim Sloan Resigns, over the sins of his predecessor in the giant cross-selling scandal. Next scapegoat, please. Still, (WFC) is the cheapest bank around. Too bad I hate banks, even though I love the horses and stagecoaches on their checks. Click here.
4) New Home Sales Up 4.9%, to 667,000 units in February in a rare positive data point. Could low interest rates finally be kicking in? Still, avoid homebuilders. Click here.
5) Consumer Sentiment Rises to 98.4 in February, says the University of Michigan. Watch out for quarter end window dressing today. They’ll try to close them high. Click here.
Published today in the Mad Hedge Global Trading Dispatch:
SPECIAL FANG ISSUE
(FINDING A NEW FANG),
(FB), (AAPL), (NFLX), (GOOGL),
(TSLA), (BABA),
When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline. Read more
When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline. Read more
Global Market Comments
March 29, 2019
Fiat Lux
SPECIAL FANG ISSUE
Featured Trade:
(FINDING A NEW FANG),
(FB), (AAPL), (NFLX), (GOOGL),
(TSLA), (BABA)
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to a six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three-day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more
Mad Hedge Hot Tips
March 27, 2019
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) The US Government Sues Facebook, claiming they enable housing discrimination through its advertising. Expect more government attacks against the FANGs. The west coast is not loved by this administration. Click here.
2) Q4 GDP Final Report Comes in at 2.2%, as expected, down a third from Q3. Expect that figure to more than halve in Q1 2019. Put on your hard hat. Click here.
3) Massive Broker Layoffs Presage Coming Recession. Cutting the overhead is crucial if you’re going to survive the next downturn. It doesn’t help that FinTech is eating their lunch. Click here.
4) Foreign Investors Pour into the US Bond Market, driving ten-year US Treasury yields down to 2.33%. When everyone else in the world has negative yields, our bonds become the highest yielding in the world. Click here.
5) But the Stock Market is Getting it Wrong, seeing plunging rates as a sign of imminent recession. When the market figures this out, stocks will rally hard to new highs. Maybe that’s why we’re only falling 100 points a day. The recession is next year’s business.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(JOIN US AT THE MAD HEDGE LAKE TAHOE, NEVADA CONFERENCE, OCTOBER 25-26, 2019)
(THE REBIRTH OF THE MASTER LIMITED PARTNERSHIP),
(USO), (AMLP), (FPL), (MLPS), (MLPX)
(MCDONALD’S GOES HIGH TECH)
(MCD)
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to a six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three-day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more
Global Market Comments
March 28, 2019
Fiat Lux
Featured Trade:
(JOIN US AT THE MAD HEDGE LAKE TAHOE, NEVADA, CONFERENCE, OCTOBER 25-26, 2019)
(THE REBIRTH OF THE MASTER LIMITED PARTNERSHIP),
(USO), (AMLP), (FPL), (MLPS), (MLPX)
Mad Hedge Technology Letter
March 28, 2019
Fiat Lux
Featured Trade:
(MACDONALD’S GOES HIGH TECH)
(MCD)