Mad Hedge

HOT TIPS

October 23, 2019

Fiat Lux

The Five Most Important Things That Happened Today

(and what to do about them)

Brexit Delay Kills the Rally,

pennies short of all-time highs, putting it off until next year at the earliest. The British pound sold off as well. I swear they voted five minutes after I covered shorts and went to a 90% cash position, only keeping Boeing.

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New York is Suing Exxon Over False Climate Statements.

It’s all reminiscent of the tobacco fraud trials of the 1990s. This could be the beginning of a major new trend. Avoid energy like the plague.

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Lockheed Martin Beats,

but warns about 2020. The time to buy this one was 2017 during the big defense spending expansion, not now. Avoid (LMT). The next administration could demolish the entire sector.

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Pork Stockpiles Hit 48-Year High.

It seems farmers grew herds in anticipation of growing demand from China, the world’s largest consumer. They are now facing a boycott and collapsing prices. Seems like thy trusted the wrong guy.

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Boeing Soars,

on accelerated production timeline for 2020. Good thing I bought it yesterday. The stock had been severely oversold on a $45 dive in two days. Buy (BA) on the dips.

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

(BIOGEN’S HUGE DISCOVERY),
(BIIB), (IBB), (NOVN), (ROG),
(PLEASE USE MY FREE DATABASE SEARCH),
(WILL A.I. SAVE US?),
(TSLA), (AMZN), (FB)

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