Adobe (ADBE) will muscle through the upcoming earnings recession. Tech profits are facing a stiff profit contraction leading to a potential drop of 0.75% next earnings season. The bulk of the softness will come from, you guessed it, Apple’s (AAPL) debacle selling iPhones in China, alerting investors to take waning sentiment into consideration. Adobe
“The Internet has always been, and always will be, a magic box.” – Said Venture Capitalist Marc Andreessen
Mad Hedge Hot Tips April 8, 2019 Fiat Lux The Five Most Important Things That Happened Today (and what to do about them) 1) Pinterest Launches a Down Round. With an IPO target of $9 billion compared to $12 billion in their last venture capital valuation, the IPO market is deflating very quickly. The
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.
Mad Hedge Technology Letter April 8, 2019 Fiat Lux Featured Trade: (THE BATTLE FOR COFFEE IN CHINA) (SBUX), (MSFT), (AAPL), (IBM)
If you ask me what you should sample at a Starbucks in China - I would say nothing. Starbucks has become successful on the back of selling bad tasting coffee to the Chinese. Even more peculiar, the CEO of Starbucks Kevin Johnson has been captaining the ship since 2017. After watching Johnson's interview with Bloomberg,
“Every technological revolution takes about 50 years.” – Said Founder and CEO of Alibaba Jack Ma
Global Market Comments April 8, 2019 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, OR THE FLIP-FLOPPING MARKET), (SPY), (TLT), (TSLA), (BA), (LUV), (DAL)
Easy come easy go. Flip flop, flip flop. Up until March 25, the bond market was discounting a 2019 recession. Bonds soared and stocks ground sideways. Exactly on that day, it pushed that recession out a year to 2020. For that was the day that bond prices hit a multiyear peak and ten-year US Treasury
Mad Hedge Hot Tips April 5, 2019 Fiat Lux The Five Most Important Things That Happened Today (and what to do about them) 1) Trump Makes Another Political Appointment to the Fed. This is becoming the most predictable Fed in history, ultra-dovish all the time with the appointment of former presidential candidate Herman Cain.
