April 16, 2024
Mad Hedge Biotech and Healthcare Letter April 16, 2024 Fiat Lux Featured Trade: (IS THIS BIOTECH BULL RUN OUT OF STEAM?) (VRTX), (CRSP)
Entries by april@madhedgefundtrader.com
Is This Biotech Bull Run Out Of Steam?
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
Trade Alert - (TSLA) April 16, 2024 - STOP LOSS - SELL
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.
April 16, 2024
Global Market Comments April 16, 2024 Fiat Lux Featured Trade: (MAY 3, 2024 QUITO, ECUADOR STRATEGY LUNCHEON) (BIDDING FOR THE STARS) (SPX), (INDU) (TESTIMONIAL)
Bidding for the Stars
Risk assets everywhere are now facing a good news glut. My 2024 market top target of 6,000 for the Dow S&P 500 is rushing ever forward with reckless abandon. Today’s price action really gives you the feeling that we have just seen a short-term blow-off market top. The stock market is turning into the Bitcoin
Testimonial
In my wealth management practice, you helped me finesse last October like a virtuoso. As my client’s investments were crashing through their stops…I hung on. Your sage counsel helped me ignore the noise, focus on the numbers and add to positions at a great entry point. The scar tissue you’ve built up over your career
April 16, 2024 - Quote of the Day
“You can become rich by having more than you need, or by needing less than you have,” said a wise friend.
April 15, 2024
(GEOPOLITICAL EVENTS TAKE CENTRE STAGE) April 15, 2024 Hello everyone, The calendar this week Earnings this week will see US banks and leading streaming companies report. Monday, April 15 8:30 a.m. Empire State Index (April) 8:30 a.m. Retail Sales (March) 10 a.m. Business Inventories (February) 10 a.m. NAHB Housing Market Index (April)
April 15, 2024
Global Market Comments April 15, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or VOLATILITY IS BACK!) (REMEMBERING TRINITY) (TLT), (TSLA), (NVDA), (FCX), (XOM), (WPM), (GLD), (FXI), (FXY), (USO), (GOOGL)
The Market Outlook for the Week Ahead, or Volatility is Back!
Those who expected markets to go up forever were given a rude awakening last week with a swift slap across the face with a wet kipper. The Volatility Index ($VIX) soared from $12 to $19 and higher highs will unfold this week. The Mad Hedge Market Timing Index dropped below 50 for the first time