Mad Hedge Hot Tips for September 26, 2018
Mad Hedge Hot Tips
September 26, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) Fed to Raise Interest Rates at 2:00 PM EST, and all is on hold until then. Technology is up (XLK); volatility is down (VIX). Click here.
2) Interest Payments to Become the Largest Government Expense Within a Decade, at $900 billion far outpacing the defense budget by 2028. Exploding deficits are already taking a toll, with the 30-year fixed home mortgage hitting a seven-year high at 4.95%. And you wonder why bonds (TLT) were falling? Click here.
3) Survey Monkey Goes Public, and it looks to be a hot issue. Why didn’t your broker get you in on this one? Maybe it’s time to take HIM out for a round of golf? Click here.
4) August Home Sales are Up 3.5%, after many months of declines. High interest rates and affordability are really starting to drag on this market. Click here.
5) Comcast Buys Sky TV, for $40 billion after a battle of the century. Apparently, more people watch soccer than we thought. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
SPECIAL CAR ISSUE:
(SAY GOODBYE TO THAT GAS GUZZLER),
(GM), (F), (TSLA), (GOOGL), (AAPL),
(DID SIRIUS OPEN UP PANDORA'S BOX?),
(SPOT), (P), (SIRI), (AAPL), (AMZN)