Mad Hedge Hot Tips
December 10, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) There is $79 Billion Worth of US Treasury Bonds for Sale This Week. Will there be any takers? This could signal a medium-term high in prices and low in yields, at 2.85% for the ten years, a six-month low. Click here.
2) China Summons US Ambassador Over the Huawei Arrest. Someone is about to be taken out to the woodshed. Stocks hate it. Click here.
3) The US Targets March 1 as a Hard Deadline on China Negotiations. The market didn’t want to hear this either. Advisor Peter Navarro says this is when they will fail. I wouldn’t mind except this is exactly when my ”head and shoulders” top for the ten-year bull market is expected. Click here.
4) Uber Races to Beat Lyft With its IPO. The first one to market will get the premium valuation. Don’t touch either until they have dropped by half. Click here.
5) Facebook is Struggling to Put in a Bottom on its Stock, though buying an additional $9 billion worth of shares. It won’t turn around because there are suddenly a lot of new users. Avoid. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(THE MARKET OUTLOOK FOR THE WEEK AHEAD, or WHERE IS SANTA CLAUS?),
(INDU), (SPY), (TLT), (AAPL)
(IT’S ALL ABOUT THE CLOUD)
(OKTA), (ZS), (DOCU), (INTU)
