Mad Hedge
HOT TIPS
Meta Announces Partnership with Google,
to use its search function in its new AI image search app called Llama 3. The move shows the incredible speed at which AI is developing. Buy both (META) and (GOOG) on dips.
April 19, 2024
Fiat Lux
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The Five Most Important Things That Happened Today
(and what to do about them)
Netflix Adds 9.33 Million New Subscribers,
nearly double analyst forecasts, including my five kids who aren’t allowed to share my password anymore. But the shares dropped on weak Q2 guidance. Netflix has rebounded from a slowdown in 2021 and 2022 to grow at its fastest rate since the early days of the coronavirus pandemic. That is due in large part to its crackdown on people who were using someone else’s account. The company estimated more than 100 million people were using an account for which they didn’t pay.
Junk Bonds See Biggest Outflows in a Year,
as the Federal Reserve’s hawkish approach to inflation makes investors wary, sending yields soaring to 6.33%. Yields won’t peak until the Fed actually cuts rates. Buy (JNK) and (HYG) on dips.
Mortgage Rates Top 7.0%
for the first time in 2024, adding dead weight to the housing market. Most borrowers are now taking out adjustable 5/1 ARMS and then praying for a Fed rate cut later this year.
Today is Options Expiration Day,
for the April series. Expect a lot of volatility at the close around key strike prices with the largest outstanding volume.
Published today in the Mad Hedge Global Trading Dispatch, the Mad Hedge Technology Letter, the Mad Hedge Biotech and Health Care Letter, the Mad Hedge AI Letter, and Jacquie’s Post:
Global Trading Dispatch
(THE SEVEN WORST FINANCIAL MISTAKES THAT RETIREES MAKE)
Mad Hedge Technology Letter
(AI AND LOWER EMPLOYEE WAGES)
(TSLA)
Mad Hedge Biotech & Health Care Letter
(A RARE OPPORTUNITY OR A PROBLEMATIC DEBT-ACLE?)
(AMGN), (LLY), (NVO)
Mad Hedge Jacque's Post
(SUMMARY OF JOHN’S APRIL 16, 2024, WEBINAR)
Mad Hedge AI
(AGI: THE NEXT BIG THING…OR JUST ANOTHER TECH HYPE JOB?)
(GOOGL), (MSFT), (NVDA)
2024 in Downtown Havana
Futures trading involves a high degree of risk and may not be suitable for everyone.
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