Mad Hedge Hot Tips for December 3, 2018

Mad Hedge Hot Tips
December 3, 2018
Fiat Lux

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

1) Apparently, the Dinner in Buenos Aires Went Well, with stocks up 500 points at the opening. Never mind that all they did was kick the can down the road for 3 months. I’m taking profits on my deep in-the-money positions. Click here.

2) Taking Profits on Salesforce. A 17.41% profit in 12 days is good enough for me. Remember, hogs get fed, pigs get slaughtered. But I’ll be back in on the next decent dip. I love this company! Click here.

3) The Stock Market is Closed on Wednesday, in respect of the President George H.W. Bush funeral. I first met him in Beijing in 1975 when he headed the US Liaison Office in Beijing. He went on to head the CIA after that, a nice person to know. I last saw him in 2012 when he occupied the owner's cabin next to mine on the Queen Mary II, then in a wheelchair. We reminisced about old times. He never uttered an unkind word to me. Click here.

4) US Construction Spending Falls for Third Straight Month, as confidence in the futures is fading fast. Click here.

5) Trump to Withdraw from NAFTA, even though he spent two years negotiating a marginal deal. As if we didn’t have enough to worry about already! Click here.

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

(THE MARKET OUTLOOK FOR THE WEEK AHEAD, or

THE YEAR EVERYTHING WENT DOWN)

(SPY), (TLT), (COPX), (GLD), (IYR), (FXE), (EEM), (USO), (IYR), (GM)

(I BET YOU’VE NEVER HEARD OF HUBSPOT)

(HUBS), (CRM)

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.