Mad Hedge Hot Tips
September 7, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) NASDAQ Has its Worst Week in Five Months. And you wonder why I’m 70% in cash, with two short positions. Is the tech miracle dead? No, but it IS taking a long-needed rest. Sell tech for the short term, hold for the long term. Click here.
2) August Nonfarm Payroll Report Hits 201,000, and the Unemployment Rate stands at 3.9%. The jobs market is firing on all cylinders. Even your Uncle Ernie can get a job now at a day care center. Click here.
3) But Wage Growth Hits a Nine-Year High at 2.9%. Talk about whistling past the graveyard. Inflation is on the way. Maybe that’s why my bond short is doing so well, as is yours. Click here.
4) Elon Musk Gets High on a podcast and Tesla (TSLA) shares plunge by $30. Bonds hit record lows. Buy the car, not the stock. There are too many black swans circling out there. Click here.
5) Starbucks (SBUX) Finally Moves into Italy, and they’re already getting sued on illegal price cutting. Taking coals to Newcastle. You would think with 25,000 stores worldwide they had enough. Click here.
Published today in the Mad Hedge Global Trading Dispatch:
(MONDAY, OCTOBER 15, 2018, ATLANTA, GA,
GLOBAL STRATEGY LUNCHEON),
(SEPTEMBER 5 BIWEEKLY STRATEGY WEBINAR Q&A),
(AMZN), (MU), (MSFT), (LRCX), (GOOGL), (TSLA),
(TBT), (EEM), (PIN), (VXX), (VIX), (JNK), (HYG), (AAPL)
