Mad Hedge Hot Tips
January 25, 2019
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) The Semis Have Bottomed in the Wake of Spectacular Earnings Reports from (LRCX), (AMD), and (XLNX). The great artificial intelligence play is back in action after a severe spanking. I never had any doubt they would come back. Now for an entry point. Click here.
2) “Let Them Eat Cake,” said Commerce Secretary Wilber Ross in telling starving federal employees to borrow against their future paychecks. This kind of detachment from the fate of the working man is common among the many billionaires I have known. Maybe Wilber should read his French history and find out what happened to the last leader who took this attitude? Click here.
3) The US and China are “Miles and Miles” from a Trade Deal, was the other great insight we obtained from Wilber Ross. Just what the stock market didn’t want to hear. That’s what happens when you negotiate with a country that doesn’t have real elections or opinion polls. Click here.
4) Farmers are Leaving Crops to Rot in the Field, as the trade war with China destroys prices and the Mexicans needed to harvest them are trapped at the border. There’s got to be an easier way to earn a living. Avoid the ags and all ag plays. Click here.
5) Check Out Boeing’s New Flying Car. Yes, I know you’re thinking “Pull the other one.” But it really does exist. My question is how many new pilots can we fit in the air when the air traffic controllers are NOT getting paid? Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(JANUARY 9 BIWEEKLY STRATEGY WEBINAR Q&A),
(TSLA), (EDIT), (NTLA), (CRSP), (SJB), (TLT), (FXB), (GLD),
(THE PRICE OF STARDOM AT DAVOS)