Mad Hedge Hot Tips
April 4, 2019
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) Verizon Beats the World With 5G Roll Out. It’s really all about bragging rights, available only in Chicago and Minneapolis, and it will take time for 5G phones to get to the store. 5G iPhones are not expected until 2020. Click here.
2) Tesla Disappoints, and the stock dives $30. Q1 deliveries came in at only 63,000 as I expected, compared to 90,700 in Q4, down 30.5%. I knew it would be a bad number but got squeezed out of my short the day before for a small loss. That’s show business. It’s all about damping the volatility of profits. Click here.
3) Weekly Jobless Claims Drop to New 49-Year Low. Whatever the problems the economy has, it’s not with job creation. But at what cost. Click here.
4) Greenmailer Carl Icahn Unloaded LYFT, a huge 2.7% stake in the company right before the IPO. Does he know something we don’t? Don’t get in the way of a smart man. Click here.
5) Boeing Successfully Tests New Software. Maybe it will work this time. Airlines will love it. Buy (BA), (DAL), and (LUV). Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(TEN REASONS WHY STOCKS CAN’T SELL OFF BIG TIME),
(SPY)
(SCAM OF THE MONTH CLUB)
(A LEGACY TECH COMPANY YOU HAVE TO BUY)
(ADSK)
