Mad Hedge Hot Tips
October 12, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) I’m Calling the Bottom Here on Stocks. Earnings and valuation support start kicking in big time at these levels, and the blackout period for company share buybacks starts ending from today. Start buying those dips. I’m starting to invest my 95% cash position. Click here.
2) Some $2.6 Trillion Lost in Global Stock Markets This Week. You should have become a doctor like your mother wanted. Click here.
3) JP Morgan Beats on Earnings, as do most other big banks. CEO Jamie Diamond says that a 40-basis point rise in rates is no big deal. The bull market is on. Click here.
4) Sears is Headed for Bankruptcy. Look for giant gaping holes to start appearing at your local mall. Click here.
5) Chinese Gamer Tencent Postpones US IPO. It seems they noticed that market conditions have become unfavorable. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(WHY THE STOCK MARKET IS BOTTOMING HERE),
(SPY), (INDU),
(NETFLIX SAYS WE BECOME A NATION OF COUCH POTATOES),
(NFLX), (M), (AMZN), (TSLA), (DIS), (GOOG)