Mad Hedge Hot Tips
November 13, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) Amazon (AMZN) Picks New York and Virginia, for HQ 2 and 3 in a prelude to the breakup of the once trillion-dollar company. The stock holds up well in the wake of another administration antitrust attack. (AMZN) Click here.
2)November 29 G-20 Meeting in Buenos Aires. Trump could announce a pretend agreement that might be worth 1,000-point rally in the Dow until people figure it out. (INDU) Click here.
3) General Electric Hits New Lows, down to an eye-popping $7.60, but the new CEO promises they won’t go bankrupt. First, it will sell its Baker Hughes oil subsidiary, its one good call. (GE) Click here.
4) Courts Block Keystone Pipeline. The Canadians are going to have to find another way to get their shale oil to China. (USO) Click here.
5) Who Says Sexual Misconduct Doesn’t Pay?Steve Wynn was fired as CEO in March so he dumped his $2.1 billion worth of stock in (WYNN). Since then, the shares have cratered by a breathtaking 54%, thanks to the China trade war where the company earns the bulk of its profits. That saved him $1.13 billion in losses. Maybe he can now afford a better plastic surgeon. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(NO BIWEEKLY STRATEGY WEBINAR FOR WEDNESDAY NOVEMBER 14)
(A TRIBUTE TO A TRUE VETERAN)
(NO BIWEEKLY STRATEGY WEBINAR FOR WEDNESDAY NOVEMBER 14)
(WHY I HATE CHIP STOCKS)
(AAPL), (CY), (TXN), (LRCX), (KLAC), (LITE), (QCOM), (MU), (SWKS), (LSCC)
