Mad Hedge Hot Tips
February 4, 2019
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) Is the Fed Pausing Because of Political Pressure or an Economy that is Falling Apart? Neither is a good answer for equity holders. Start cutting back risk while you can. There are lots of bids on the way up but none on the way down as December showed. Click here.
2) Factory Orders Nosedive 0.6% in November, the worst in a year. Funny how nobody wants to make stuff ahead of a recession.
3) Oil Prices Love the Venezuela Meltdown. But how high can prices go in the face of a fading economy? Watch out for the coming coup d’ etat. Click here.
4) New Junk Debt Issuance is Soaring. Do you think they’re trying to grab a seat before the music stops playing? Click here.
5) Exxon Pops on Earnings Beat. The rising price of Texas Tea is everything even though it is all hedged on (XOM)’s books. Gotta love that Venezuela crisis. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(THE MARKET FOR THE WEEK AHEAD, or FROM PANIC TO EUPHORIA),
(SPY), (TLT), (AAPL), (GLD),
(WHY AMAZON IS TAKING OVER THE WORLD),
(AMZN)
