Mad Hedge Hot Tips for November 16, 2018

Mad Hedge Hot Tips
November 16, 2018
Fiat Lux

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

1) NVIDIA Disappoints, Stock Down 20%. The former darling of Silicon Valley gets her comeuppance. Blame it all on crypto mining which has completely disappeared, thanks to the Bitcoin crash. Still, I’m buying. Down 45% in six weeks, the stock has suffered enough. Click here.

2) Was That an Inverse Head and Shoulders that Set up for the (SPY) yesterday? We were loading the boat with technology stocks yesterday and caught the full 500-point rally in the Dow sparked by China rumors. It all paves the way for a nice year-end rally. Click here.

3) Wal-Mart Beats, but the Stock is Trashed Anyway. They really ARE trying to become the next FANG but management has to learn how to turn on a PC first. Click here.

4) Volkswagen Is Spending $50 billion on Electric Cars, hoping to bring them up to one-third of total sales. Tesla (TSLA) can’t keep this market to itself forever. But after the “clean diesel” fiasco, will anyone ever trust them again? Click here.

5) China Eases Trading Rules, allowing Alibaba (BABA) and Baidu (BIDU) to pop. Don’t get sucked in too soon before the trade war ends. Still, at these levels, they’re a long-term steal. Click here.

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

(RISK CONTROL FOR DUMMIES),

(SPY), (AMZN), (TLT), (CRM), (VXX)

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.