Mad Hedge Hot Tips
December 17, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) A Government Shutdown on Friday is Dominating Sentiment. A squabble over $5 billion in spending over a wall may wipe $300 billion off the value of equities. It’s not the risk/reward ratio I am used to. Click here.
2) The Fed is Raising Interest Rates on Wednesday, by 25 basis points to a 2.25%-2.50% overnight range. The big question is: “How many rises next year?” The market has just shifted from three to two. Watch for dovish commentary like a hawk. Click here.
3) Malaysian Government is Seeking Criminal Charges Against Goldman Sachs.
The stock market was rallying 100 points overnight until this little tidbit brought us a down 300-point opening. Watch for (GS) to write a big check to make this go away. I told you to avoid the stock like the plague. Click here.
4) Surprise Obamacare Ruling Demolishing Health Care Stocks. It looks like a Texas judge has just wiped out the industry’s largest customer. Use the meltdown to cherry-pick the best stocks. It’s one of the few industries with a long-term future. Click here.
5) Wild Swings in Stock Market at Seven-Year High. What if the roller coaster continues for all of 2019? What if it continues until the 2020 presidential election? Suddenly, the triggers are all there. It’s hard hat in the bomb shelter time. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(THE MARKET OUTLOOK FOR THE WEEK AHEAD, or THERE’S NO SANTA CLAUS IN CHINA)
($INDU), (SPY), (TLT), (AAPL), (AMZN), (NVDA), (PYPL), (NFLX)
(WHY TENCENT WILL REMAIN TRAPPED IN CHINA)
(TME), (SPOT), (IQ), (GOOGL), (FB)
