Mad Hedge Hot Tips
August 27, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) U.S. and Mexico Reach a Bilateral NAFTA Deal. Yes, we’re leaving Canada out in the cold. I never trusted them anyway since they can’t say “about” correctly. Guacamole is back! At least the stock market thinks so; it’s up 270 points. Click here.
2) The Aramco Deal is Off. Saudi Arabia will not take its oil (USO) monopoly public. Maybe oil isn’t going to crash after all. Click here.
3) So is the Tesla Privatization Offer. The $420 bid is off the table. Maybe the Saudis didn’t have the cash after the Aramco deal was canceled. But the shares hold $320. Buy the car, not the stock. Click here.
4) Stocks Hit New All-Time Highs. Is this the outbreak of trade peace I have been warning about? Stocks could melt up to the end of the year. Click here.
5) Chinese Yuan Hits a Four-Week High, as trade peace breaks out, even though it is on the other side of the world. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(THE MARKET OUTLOOK FOR THE WEEK AHEAD),
(AAPL), (TLT), (SPY),
(BIDDING MORE FOR THE STARS),
(SPY), (INDU), (AAPL), (AMZN),
(WHY ALIBABA IS THE FIRST STOCK TO BUY WITH THE OUTBREAK OF TRADE PEACE),
(BABA), (GOOGL), (AMZN), (YELP), (MSFT), (MU), (ZTE), (HUAWEI)