Mad Hedge Hot Tips
October 18, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) Fed Says They’re Still Raising Rates Four Times in a Year, no matter what the president says. Look for a 3.25% overnight rate in a year, and 4% for three months funds. Can the economy handle it? Me thinks not. Click here.
2) Elon Musk Buys $20 Million of Tesla Stock, adding to his existing $9 billion. If this won’t scare the shorts what will? Click here.
3) Initial Jobless Claims at 210,000, down 5,000, hugging all-time lows. I saw “NOW HIRING” signs everywhere on the Southeast US Road Show, especially makers of pecan pralines after my visit. Click here.
4) Facebook Hires 10,000 to Fight Fake News. It won’t work. No analog strategy can ever beat digital ones, and many of these screeners are coming down with post-traumatic stress. Whenever they close one bogus account, ten more pop up like whack-a-moles. Click here.
5) I Finally Became a Grandfather. Meet Corbin, the newest reader of the Diary of a Mad Hedge Fund Trader. Do you think there’s a trader in him?
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
SPECIAL TRAVEL PLANNING ISSUE
(IS AIRBNB YOUR NEXT TEN BAGGER?)
(UNDERSTANDING THE REAL COMPETITION),
(SPOT), (AAPL), (GOOGL), (MSFT), (HUAWEI)