Mad Hedge Hot Tips
November 19, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) Chinese Stocks Hit a One Month High, on hopes that a deal gets cut at the G-20 meeting in Buenos Aires on November 29. Do they know something we don’t? Click here.
2) The Housing Market is Effectively Closed, with new sales grinding to a complete halt. NAHB Housing Market Index crashes from 67 to 60, the biggest drop in four years. Some brokers haven’t done a deal in three months. Click here.
3) Salesforce Stock is Trashed $8, on protests over running illegal immigrant databases for the US government. Buy the dip. Click here.
4) Tech Gets Trashed Again, but won’t hit new lows this time. Another chance to get in before the yearend rally. Click here.
5) Hedge Fund Blowup Takes Natural Gas Down 20% in a Day. James Cordier got away with naked call selling for years until he didn’t. All investors completely wiped out. I have always told followers to avoid this strategy for years. It’s picking up pennies in front of a steamroller. Same for naked puts too. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(THE MARKET OUTLOOK FOR THE WEEK AHEAD, or MASS EVACUATION)
(SPY), (WMT), (NVDA), (EEM), (FCX), (AMZN), (AAPL), (FCX), (USO), (TLT), (TSLA), (CRM), (SQ),
(ROKU’S UNASSAILABLE LEAD)
(TIVO), (ROKU), (NFLX), (AMZN), (CHTR), (DISH), (FB), (AAPL), (GOOGL)
