Remember Gordon Binder and his "Science Lessons?" Well, Amgen (AMGN) seems to be re-reading a few chapters from the book by its legendary former CEO. Their nearly $28 billion buyout of Horizon Therapeutics (HZNP) screams blockbuster ambition, but it also means they loaded up on debt like it's going out of style. This HAD better
Global Market Comments April 18, 2024 Fiat Lux Featured Trade: (APRIL 16 BIWEEKLY STRATEGY WEBINAR Q&A), (GLD), (GLD), (GE), (GM), (NVDA), (TSLA), (ARKK), (MS), (GS)
Below please find subscribers’ Q&A for the April 16 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Key West, Florida. Q: If Elon Musk died, would you sell Tesla (TSLA)? A: Yes. A lot of Tesla’s success is because Elon Musk alone can push people to do the impossible, only because he’s the largest
“When you’re running budget deficit of $1.6 trillion and you’re going to cut $38 billion out of it, if you were a bellhop you wouldn’t accept that as a tip,” said my former colleague at Morgan Stanley, Byron Wien of hedge fund giant Black Rock.
Mad Hedge Technology Letter April 17, 2024 Fiat Lux Featured Trade: (AI AND LOWER EMPLOYEE WAGES) (TSLA)
Students hoping to become bankers shouldn’t study finance, they should dive into programming. This is the big takeaway from how investment banks are run these days. Gone are the moments when finance degrees were the hottest commodity, now it is all about generative AI. Artificial intelligence (AI) could replace the equivalent of 300 million full-time
(INVESTORS INTERPRETATION OF DATA MOVES THE MARKET – OPPORTUNITIES ARE SETTING UP) April 17, 2024 Hello everyone, The stock market correction. What’s it all about? Lingering inflation concerns. We know it will be higher for longer. Fed will react to economic data eventually. Rising Treasury yields. Turmoil in the Middle East. Healthy correction
Global Market Comments April 17, 2024 Fiat Lux Featured Trade: (THE LAZY MAN’S GUIDE TO TRADING), (ROM), (UXI), (BIB), (UYG), (THE NEXT THING FOR THE FED TO BUY IS GOLD) (GLD), (GOLD), (GDX), (NEM)
Mad Hedge Biotech and Healthcare Letter April 16, 2024 Fiat Lux Featured Trade: (IS THIS BIOTECH BULL RUN OUT OF STEAM?) (VRTX), (CRSP)
Vertex Pharmaceuticals (VRTX) has been crushing it. They're a powerhouse in the healthcare game, no doubt. But with that stock price shooting for the moon and a $100 billion valuation, it's got me asking: Is this ride getting a little too rich for our blood? Is it time to cash out and look for greener