Mad Hedge Hot Tips
April 2, 2019
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) Bitcoin Soars 20% in One Day, to a new one-year high, and algos are to blame. Is this a “fat finger” trade or is there a real end buyer and why? It’s the mystery of the day. Click here.
2) Lyft Craters on Second Day. I guess billion dollar losing companies are not worth so much after all. Avoid (LYFT). Click here.
3) Brexit Vote Fails for the Fourth Time. Prime Minister Theresa May’s career is probably limited to the digits on two hands. Avoid Europe until this is settled. Click here.
4) Tesla Q1 Sales Are Out Today. The consensus is for 64,400 Tesla 3’s, but the numbers are all over the map. Hold your breath. Click here.
5) Boeing Says It Needs More Time, to fix 737 Max software. I took profits yesterday and clocked a nice 13% profit in ten days. On to the next trade. Buy (BA) on the next big dip. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(WHAT’S REALLY BEHIND THE BRISTOL MYERS/CELGENE MERGER),
(BMY), (CELG),
(ON EXECUTING MY TRADE ALERTS),
(HOW TO GET CONTROL OF YOUR LIFE)
(GOOGL), (FB), (LYFT)