Mad Hedge

HOT TIPS

October 15, 2019

Fiat Lux

The Five Most Important Things That Happened Today

(and what to do about them)

IMF Downgrades Global Growth,

from 3.2% to 3% and trade gets the blame. At 2.5% growth, many major economies will be in recessions. Risks are to the downside. More than 90% of the Global Economy is slowing. It’s the worst forecast since 2008.

Find Out More

UnitedHealth Group Raises Forecast,

sending the shares northward. Picking up 415,000 new customers over the past year is a big help. Catering to chronic health conditions is the big money-maker.

Find Out More

Bank Earnings Mixed,

with JP Morgan taking the lead with record revenues and credit card revenues the big winners. Goldman Sachs (GS) looks awful due to failing mergers and acquisitions. Wells Fargo is worse. Trading revenues are the drag.

Find Out More

Johnson & Johnson is Doing Better Too,

despite its woes from the opioid crisis and the talcum powder class action suit. Sales of its psoriasis treatment Stelara and cancer drug Imbruvica are the big drivers.

Find Out More

Qantas Launches World’s Longest Flight

from New York to Sydney nonstop, running some 20 hours. Advanced aircraft technology is making this possible. The big question is whether humans can survive that amount of time in the air. That’s earning frequent flier points the hard way.

Find Out More

Published today in the Mad Hedge Global Trading Dispatch and the Mad Hedge Biotech and Healthcare Letter:

(HOW TO HANDLE THE FRIDAY, OCTOBER 18 OPTIONS EXPIRATION),

(ONLY TEN MORE DAYS UNTIL THE MAD HEDGE LAKE TAHOE, NEVADA CONFERENCE, OCTOBER 25-26, 2019)

(CASHING IN ON ECONOMIES OF SCALE WITH CIGNA)

(CI), (ESRX), (AET)

Futures trading involves a high degree of risk and may not be suitable for everyone.