Mad Hedge Hot Tips
November 7, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
2) Facebook and Google Reap a Windfall from the Election, taking in $3 billion in political advertising, and that’s not counting what the Russians spent. Click here.
3) Health Care Stocks Soar on Election Result, as gridlock means that no effort can succeed to rein in costs. Click here.
4) Technology is Another Big Election Winner. As I have been saying for weeks, throw away the fundamentals and buy whatever has gone down the most, such as Amazon (AMZN). The snap back will be huge. Click here.
5) Housing Sentiment Hits a One-Year Low, down a humongous five points, the second fastest drop in history. Rising interest rates have driven a stake through the heart of this market but it’s no 2008 replay. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(THROWING RED MEAT TO MY BASE)
(RTN), (LMT), (NOC), (HON), (XOM), (CVX), (DVN)
(THE RELIABILITY OF ADOBE)
(ADBE), (GOOGL), (ZEN), (TWLO), (SQ)