Mad Hedge Hot Tips
November 29, 2018
The Five Most Important Things That Happened Today
(and what to do about them)
2)October New Home Sales Were a Complete Disaster, down a stunning 8.9%, and off 12% YOY. These are the worst numbers since the 2009 housing crash. I told you not to buy homebuilders! They can’t give them away now! Click here.
3) Weekly Jobless Claims Soar 10,000 to 234,000, a new five-month high. Not what stock owners want to hear. THE JOBS MIRACLE IS FADING. Click here.
4) Tiffany Stock dives on Failing China Sales. Talk about unintended consequences of the trade war. If you can’t sell bling at Christmas time, when can you? Click here.
5) November Consumer Sentiment Falls Off a Cliff, down a hefty 2.8 points, and it wasn’t just the election. The monthly survey of 500 consumers has been falling since March. Another pre-recession indicator. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(SHORT SELLING SCHOOL 101),
(SH), (SDS), (PSQ), (DOG), (RWM), (SPXU), (AAPL), (VIX), (VXX), (IPO), (MTUM), (SPHB), (HDGE)
(SALESFORCE KNOCKS IT OUT OF THE PARK)
(CRM), (AAPL), (PYPL), (ADBE), (TWLO), (MSFT), (AMZN)