Mad Hedge Hot Tips
October 30, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) General Electric Cuts its Dividend, from 12 cents a share to one cent after reporting a breathtaking $22.8 billion loss. The Feds have opened a criminal investigation into accounting practices. This may define the final bottom in the stock. Take another look at those long-term LEAPS. Click here.
2) UK to Implement Digital Tax, which will raise $500 million in revenues, which is sofa change. It's big tech’s worst fears realized. It’s why Amazon lost $100 billion in market capitalization yesterday. Click here.
3) Oil Hits a Three-Month Low, slaughtering hedge funds everywhere. This makes no sense against a 3.5% GDP growth rate and looming Iran crisis. Is Texas tea now predicting a recession in 2019? Click here.
4) Who Was That Idiot Who Told You to Sell Volatility Too Soon? Oops, it’s me. But now may be another time to take a bite of the apple. Click here.
5) Personal Consumption Expenditures Up Only 0.1% in September. Inflation is nowhere to be seen, meaning the December Fed rate hike is a sure thing. Just what you wanted to hear. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(HERE IS YOU BEST PERFORMING ASSET OVER THE NEXT 30 YEARS)
(HOW ARTIFICIAL INTELLIGENCE WILL ENHANCE OR DESTROY YOUR PORTFOLIO)
(TSLA), (AMZN), (FB)