Mad Hedge Hot Tips for April 24, 2019

Mad Hedge Hot Tips
April 24, 2019
Fiat Lux

The Five Most Important Things That Happened Today
(and what to do about them)

 

1) NASDAQ Hits a New All-Time High. Unfortunately, it’s all short covering and company share buybacks with no new money actually entering the market. How high is high? Tech would have to quadruple from here to hit the 2000 Dotcom Bubble top in valuation terms. Click here.

2) German Business Confidence is Falling Off a Cliff. Make war on your trade partners and you reap the bitter fruit. Click here.

3) Boeing Takes a $1 Billion Hit on the 737 MAX Fiasco, but the stock is up $3. Monthly production has plunged from 57 planes a month to 42. Maybe the end is near? Click here.

4) Bidding War Breaks Out for Anadarko, with Occidental Petroleum offering $57 Billion compared to Chevron’s $50 billion. What do California oil companies know that others don’t? Maybe it’s another unintended consequence of the legalization of marijuana? Click here.

5) Why There’s a Spy Shortage. With everyone in the world now on Facebook and the information staying there forever, there are no anonymous people anymore. Undercover becomes impossible. Click here.

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

(WHY ARE BOND YIELDS SO LOW?)

(TLT), (TBT), (LQD), (MUB), (LINE), (ELD),

(QQQ), (UUP), (EEM), (DBA)

(BRING BACK THE UPTICK RULE!)

(WHO BEAT WHOM IN THE APPLE/QUALCOMM BATTLE)

(QCOM), (INTC), (AAPL)