1) U.S. Weekly Jobless Claims Plunge to 213,000. A full employment economy is now what bear markets are made of, so keep buying those deep.
2) The Tech Correction is Over. If you blinked, you missed it. Amazon is about to become the next trillion-dollar company and will become the first 2 trillion-dollar company.
3) China is Blocking Car Imports from the U.S. Even those made by foreign companies. That Means Ford (F) and General Motors (GM) will continue to go down the toilet.
4) The Latest Inflation Report Came in at Zero. So, bonds will continue to remain trapped in narrow ranges and interest rate plays like REITs and MLPs will keep rallying.
5) Is Elon Musk Headed to Jail? I doubt it, but the SEC wants to know how solid the financing behind the $420 buyout offer really is.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(WHY YOU SHOULD AVOID THE CRYPTO CURRENCIES LIKE THE PLAGUE),
(BITCOIN), (GLD),
(TESTIMONIAL),
(WHY SNAPCHAT IS GOING DOWN THE SOCIAL MEDIA DRAIN),
(SNAP), (FB), (NFLX), (AMZN), (GOOGL), (TWTR), (BB)