Mad Hedge Hot Tips
January 22, 2019
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) Tesla Sprints for Profits. It cut its labor force by 7%, canned its $1,000 customer introduction bonus, and raised the price of supercharging in California from 26 to 30 cents per kWh. It’s about cutting prices so we can ALL afford the Tesla 3. Buy the next dip, the breakout is coming. (TSLA). Click here.
2) Slowing China is Freaking Out Investors Everywhere. Even if a trade deal is cut tomorrow, it may not be enough to pull the economy out of a downward spiral. Look out below! A 6.6% growth rate for 2018 is the slowest in 30 years. Click here.
3) Keep Buying Those Gold Dips. A “golden cross” is setting up on the charts and technical analysts are going gaga on the prospects for the barbarous relic. Forget about inflation. It’s a flight to safety that is driving traders into the yellow metal. (GLD). Click here.
4) The Oscar Nominations Are Out Today, for the February 24 show. Watch the shares of big producers Amazon (AMZN) and Netflix (NFLX). Click here.
5) The IRS Released Rules on Who Gets the New Tax Break, on Friday picking business winners and losers. Will you get the new 20% deduction? If you’re a doctor, lawyer, or accountant, you’re screwed. Why are these things always announced on Fridays? Do they think we won’t notice? Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(THE MARKET FOR THE WEEK AHEAD, or WHY I LOVE THE STOCK MARKET),
(SPY), (TLT), (MSFT), (CRM), (AMZN), (FXE)
(HOW TO EXECUTE A VERTICAL BULL CALL SPREAD),
(AAPL)
(HOW TO PLAY TECHNOLOGY STOCKS IN 2019),
(NFLX), (AAPL), (TSLA), (STT), (BLK)
