Mad Hedge Hot Tips
September 5, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) Congress Grills Big Tech. Yes, the opioid epidemic is all their fault, and conspiracy theorists have a right to free speech. It’s all a big diversion from you know what, but it did suck the life out of tech stocks for a few hours. Click here.
2) Emerging Markets Hit New Lows. A strong dollar and trade wars are killing the world’s weakest economies. There is a great “BUY” setting up here someday, but not yet. Click here.
3) U.S. Trade Deficit Hits Five-Month High, up 9.5% to $50.1 billion in July. It turns out that destroying your neighbors’ economies is bad for business. Click here.
4) Amazon (AMZN) Orders 20,000 Vans, to complete the final leg of its delivery service. Goodbye FedEx (FDX) and UPS (UPS). Click here.
5) Theranos to Dissolve. So, it turns out there is risk in venture capital investments after all. At least Elisabeth Holmes’ good looks kept her out of jail, but she’ll never work in this town again. Click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(JOIN US AT THE MAD HEDGE LAKE TAHOE, NEVADA, CONFERENCE, OCTOBER 26-27, 2018),
(THE HIGH COST OF TRADE TARIFFS),
(TESTIMONIAL),
(WARREN BUFFETT’S GREAT TECH FIND IN INDIA),
(BRK/B), (AAPL), (GOOGL), (MSFT), (BABA), (NFLX)
