Mad Hedge Hot Tips for March 21, 2019

Mad Hedge Hot Tips
March 21, 2019
Fiat Lux

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

1) The Fed Eases Again, by cutting short their balance sheet unwind and ending quantitative tightening early. It amounts to two surprise interest rate cuts and is hugely “RISK ON”. New highs in stocks beckon. This is a game changer. Click here.

2) Biogen Blows Up, canceling their phase three trials for the Alzheimer drug Aducanumab. This is the worst-case scenario for a biotech drug and the stock is down a staggering 30%. Some $12 billion in prospective income is down the toilet. Avoid (BIIB) until the dust settles. Click here.

3) Micron Technology Comes in Line, with weak guidance and production cutbacks, but the shares soar anyway. Go figure. Investors really want to get into this stock in the worst way, even though the industry is still in its down cycle. Click here.

4) Europe Fines Google $1.7 Billion, in the third major penalty in three years. Clearly, there’s a “not invented here” mentality going on. It's sofa change to the giant search company. Buy (GOOG) on the dip. Click here.

5) Levi Strauss is a Hit, with the shares soaring 35% from the first day IPO price of $17. It’s interesting that the Haas family is unloading their legacy shares at this point in the economic cycle while still maintaining control of the iconic denim maker. Avoid (LEVI). Click here.

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

(DIVING BACK INTO THE MOUSE HOUSE),

(DIS),

(THE ALPHABET NO-BRAINER),

(GOOGL)

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.