September 10, 2019

Fiat Lux

The Five Most Important Things That Happened Today

(and what to do about them)

It’s Apple Day in Silicon Valley,

with the world’s largest company rolling out a host of new services and upgrades. The new Apple TV Plus streaming service will be the focus, with minor improvements on everything else. It’s an in-between generation year, don’t expect anything big. But with 200 million iPhones needing replacement in coming years, (AAPL) is still a good long-term hold. All eyes will be on the share buybacks.

Find Out More

The Next Antitrust Assault on Big Tech,

with Facebook (FB) and Google (GOOGL) now in the sights of 30 US states. This will go nowhere as technology has been leading to lower prices, not higher ones. What is the monopoly value of a service that is given away for free? The choice is very simple: let the US continue to dominate tech, or let China take it over.

Find Out More

Jay Powell Says He Will “Act as Appropriate”

but appropriate for who? The president or the country? Fed watchers are taking this as code for a 25-basis point rate cut on September, but I am not so sure. If so, it will be the first interest rate cut in the history of the world with a 3.7% unemployment rate.

Find Out More

Amgen Develops a Blockbuster Lung Cancer Drug,

shrinking 54% of all tumors. Healthcare and biotech will become the seminar investment theme of the 2020s as most major human diseases get cured. The convergence of many technologies will deliver the biggest profit stream in history.

Find Out More

Profit-Taking Hits Bonds,

with the ten-year US Treasury bond yield backing up to 1.65%, up 20 basis points. Europe did a no-show on more QE, and the market was wildly overbought.

Find Out More

Published today in the Mad Hedge Global Trading Dispatch:

SPECIAL ARTIFICIAL INTELLIGENCE ISSUE

(NEW PLAYS IN ARTIFICIAL INTELLIGENCE),

(NVDA), (AMD), (ADI), (AMAT), (AVGO), (CRUS),

(CY), (INTC), (LRCX), (MU), (TSM)

Futures trading involves a high degree of risk and may not be suitable for everyone.

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.