Please visit www.webull.com/cryptocurrency to see a list of crypto available to trade. Almost any post related to stocks is welcome on /r/stocks. The right strategy is heavily dependent on you and your current life circumstances. . By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Privacy Policy. SHCP opened to outside investors in 2014. I don't regret having 30%. USD, Old Economy Investing is Back: Sector ETFs to Win, Energy stocks have been at this discount to the broader market just 5% of the time, strategist says, VettaFi Voices On: The 2023 Outlook for Commodities, 4 Sectors Warren Buffett Loves: ETFs in Focus, Forget Tech Drag, Buy Sector ETFs Supporting S&P 500 Earnings, Invest Like Warren Buffett With These ETFs, Global Markets Wrap: Russia Cuts Oil Production, UK Avoids Recession, ETF Asset Report of Last Week: Value Tops, Energy ETFs in Focus Post Exxon, Chevron Q4 Earnings, Oil Services ETFs in Focus on Strong Q4 Earnings, Chevron ETFs to Buy on Buyback & 6% Dividend Hike, 5 Sector ETFs to Play on Upbeat Q4 Revenue Growth. Amongst those changes were Jumia TechnologiesJMIA. All rights reserved. Free trading of stocks, ETFs, and options refers to $0 commissions for WebullFinancial LLC self-directed individual cash or margin brokerage accounts and IRAs that trade U.S. listed securities via mobile devices, desktopor website products. and sign up for the mooc. The commentary delivered by hosts of the show often moves the stocks mentioned. time for me to get back to work. Tickers FBC HON NYCB SGEN. @wallstreetmooc. He is also the Managing Partner and Founder of Short Hills Capital Partners, LLC. Weiss is bullish on Jumia Technologies. Webull Financial LLC is a member of the Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC), The New York Stock Exchange (NYSE), NASDAQ and Cboe EDGX Exchange, Inc (CBOE EDGX). Trade Off: Steve Weiss. September 7, 2022 1:25 PM | 1 min read. Im looking forward to my first AMA and your questions. Inflation is Slowing, But is it Enough to Slow the Fed? Want the fastest, most accurate stock market intelligence? The information is collected and refined using Benzinga Pros News Tool. Benzinga does not provide investment advice. If you have a 30 year horizon who cares? Please wait a minute before you try to comment again. Weiss is bullish on Jumia. All Rights Reserved. Steve Weiss of Short Hills Capital Partners said he is shorting the iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT) , believing interest rates will rise. You're factoring in a 70% decline? Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. Visit Author Central to update your books, profile picture, and biography. once again mentions POAHY for his pick !!!!! Investors should consider their investment objectives and risks carefully before investing. 2023 CNBC LLC. Thanks for your comment. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 3. He is currently a Senior Managing Director and Partner at Leerink Swann, LLC, an investment bank. Short Hills Capital's Steve Weissshared Monday on CNBC's "Fast Money Halftime Report"that he is adding to hisModerna Inc (NASDAQ:MRNA) stock position. Stockpennies: Steve Weiss on CNBC. The information is collected and refined using Benzinga Pro's News Tool. by Benzinga Newsdesk, Benzinga Staff Writer. At last check Monday, the stock was up 16.84% at $483.61. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities. Want EXCLUSIVE stories originated by Benzinga reporters? 2022 Benzinga.com. View and manage who you follow on Amazon. Want the fastest, most accurate stock market intelligence? All investments involve risk, and not all risks are suitable for every investor. It is like everything he touches turns to crap or he is late to the show and just rides them down. We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox. Options trading entails significant risk and is not appropriate for all investors. Benzinga does not provide investment advice. New comments cannot be posted and votes cannot be cast, http://firstbusinessmooc.org/wall-street/, https://twitter.com/stephenLweiss/status/436195940483874816. Losses can potentially exceed the initial required deposit. UNHedged, the author's first work of fiction, follows two extremely well accepted investment books: The Big Win: Learning from the Legends to Become a More Successful Investor (Wiley, 2012) and The Billion Dollar Mistake: Learning the Art of Investing Through the Missteps of Legendary Investors (Wiley, 2010). He stated that it's the Amazon.com of Africa and that this is a long-term position for him, and not just a trade. Horton And This Sector Are CNBC's 'Final Trades', Becton Dickinson, Freeport-McMoRan, GXO Logistics And This Mid-Cap ETF On CNBC's 'Final Trades', AbbVie, Goldman Sachs And This Electric Vehicle Manufacturer On CNBC's 'Final Trades', These 2 Defensive Plays Are Highlights Of CNBC's 'Final Trades', Rivian Automotive, Stryker, Ardagh Metal Packaging And This Tech Stock Are CNBC's 'Final Trades', Rockwell Automation, UnitedHealth, AmerisourceBergen And Shorting This Industrial Stock Index On CNBC's 'Final Trades', Rivian, An Energy ETF and One Of The World's Largest Payments Processors: CNBC's 'Final Trades', AutoZone, EOG Resources, Rivian Automotive And This Big-Box Retailer On CNBC's 'Final Trades', Stryker, Freeport-McMoRan, Southwest Gas And This Health Care Major Feature On CNBC's 'Final Trades', Buy Simon Property, Bunge And This ETF, Go Short On Consumer Discretionary: CNBC's 'Final Trades', Netflix, Visa, B&G Foods And This Automotive Technology Company Feature On CNBC's 'Final Trades', Devon Energy, Service Now, WR Berkley And This Biotech Play On CNBC's 'Final Trades', Cognex, Nucor, Moderna And This Cybersecurity Company Feature On CNBC's 'Final Trades', General Motors, GXO Logistics And This REIT Feature On CNBC's 'Final Trades', Why Home Depot Is A Buy If 'Rates Are Peaking' And These 3 Energy Majors On CNBC's 'Final Trades', Advanced Micro Devices, Blackstone And These Defensive Plays Feature On CNBC's 'Final Trades', Honeywell International, Seagen, New York Community Bancorp And This Transportation Company Featured On CNBC's Final Trade. Weiss told CNBC that he thinks Moderna's stock can go up another 500% from its current levels and trade such asAmazon.com, Inc.(NASDAQ:AMZN) "because it's a technology company nota biotech. He loves days like this. This Slide: #1 of 10 Continue to slide 2 #10. 2. This comment has already been saved in your, Eni agrees deal with UAE's ADNOC as Italy rebuilds relationship, Mercedes-Benz begins building battery recycling factory in southern Germany, Silvergate suspends crypto payments network; shares fall after-hours, Congress to Limit U.S. Oil Exports to China: What Traders Need to Know. any of each other's Investing.com's posts. Im not holding my breath for it. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. 2023 Benzinga.com. SVFA Join 10,000+ serious traders in the Benzinga Pro community! Got a confidential news tip? Even after Moderna's strong move to the upside this year, it's still the least expensivestock in Weiss's portfolio on both current and future earnings, he told CNBC. Relevant regulatory and exchange fees may apply. Please ask me anything. Volkswagen is said to be preparing its Porsche IPO, according to reports. Benzinga Pro traders use to win in the markets everyday. Gamer X @GamerX1414 . Support: 888-992-3836 Home NewsWire Subscriptions Login/Register . Steve Weiss, CIO and managing partner of Short Hills Capital Partners, joins 'Halftime Report' to discuss. you WILL find it very interesting. There's no shame in going heavy in cash if you are bearish but 70% is pretty much COVID 2 plus world war 3, There are those who think that all growth for the past decade+ has been completely irrational or inflated. Many vaccine makers are trading higher after Fauci saidhe is hopeful that COVID-19 vaccines will receive full FDA approval sometime this month. He has to hit targets for his clients who have different objectives than you. This headline only article is a sample of real-time intelligence However, in order to maintain the high level of discourse weve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.coms discretion. Ever wonder what Steve Weiss does in his spare time? Our clearing firm, Apex Clearing Corp., has purchased an additional insurance policy.. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. Even if he is wrong, he should be fine. With that said I would put a wager on the fact that Weiss has the worst return rates of all their guests. Benzinga does not provide investment advice. Never miss a trade again with the fastest news alerts in the world! Sign up to create alerts for Instruments, Follow to get new release updates, special offers (including promotional offers) and improved recommendations. All Rights Reserved. Eventually you could sell what u perceive as expensive and keep stocks you believe are undervalued. CNBC's 'Halftime Report' investment committee, Steve Weiss, Shannon Saccocia, Jim Lebenthal, Joe Terranova and Brian Belski, discuss the risk-reward in stocks after a cooling December CPI. From Benzinga. Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On . I like him being on the show frequently but an inverse-Weiss portfolio may have been ideal over the last year. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. 2023 Webull Financial LLC, All rights reserved. Buy in more if you have the cash. if you want to continue the conversation, follow me on twitter @stephenlweiss. Member, Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More, Characteristics and Risks of Standardized Options. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. Send us comments about our Author Pages. Jeremy Grantham says we're headed for sp500 2500 most likely. Starting on Monday February 24th Ill be teaching the first ever massive open online course (MOOC) on finance with my colleague, Shelly Lombard. All rights reserved. LinkedIn is the world's largest business network, helping professionals like Steve Weiss discover inside connections to recommended job . The information is collected and refined using Benzinga Pro's News Tool. Economic Events and content by followed authors, It's Here: the Only Stock Screener You'll Ever Need, Tesla, AbbVie Are CNBC 'Fast Money' Mentions; Steve Weiss Is Shorting This ETF. Cryptocurrency trading is offered through an account with Apex Crypto. I may miss gains for sure, but it gives me peace of mind to know that half my liquidities are "safe" from any fuck up and that, to me, is priceless. CNBCs "Fast Money: Halftime Report" delivers market-moving news to investors. Please refer to our Fee Schedule for more details. ABBV. March 19, 2021 12:34 PM | 18 seconds read. buy long dated puts and become a millionaire plz.also ur about 3-4 months late to the Bear party. The AMA is set to start at 4:00 pm. Steve Weiss, Short Hills Capital managing partner, joined CNBC's "Halftime Report" to explain why he no longer plans to own any Chinese stocks. The price is inflation risk and market premium. The coverage limits provide protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customers securities and $900,000 for any one customers cash. and Lehman Brothers, where he built Wall Street's #1 ranked sales force, in addition to co-founding a hedge fund. Join 10,000+ serious traders in the Benzinga Pro community! The CNBC reporter previously served for The Wall Street Journal as a senior economics reporter. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Crypto trading only available to US residents. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends. +0.73%. Today, I'm looking to talk with anyone interested in financial markets. Jeremy Grantham is like the boy who cried wolf. IXIC. %USER_NAME% was successfully added to your Block List. November 01, 2022. He was WRONg. Webull Financial LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Weiss maintains strong relationships with some of the industry's most highly regarded investment managers. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss in a down market. As an investment of course. Tags Stephen Weiss CNBC Benzinga. From Benzinga. I'm 50/50 right now simply because I don't feel comfortable in the current environnement. I enjoy watching the halftime show and getting the opinions of some others. SEC Filings include 13F quarterly reports, 13D/G events and more. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Those aren't all undervalued but they're pretty stable. Want EXCLUSIVE stories originated by Benzinga reporters? Do Not Sell My Personal Data/Privacy Policy. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. Us 10, Scott 7, S&p 6, China 5, Steve 5, Shannon 4, Microsoft 4, Weiss 3, Apple 3, Invesco Qqq 3, Steve Weiss 3, Jim Lebenthal 3, Ibm 3, Primerica 2, Mike Santoli 2, Jim 2, Rob Sechan 2, Pnc Private Bank 2, T. Rowe Price 2, Walgreens 2 Honeywell International, Seagen, New York Community Bancorp And This Transportation Company Featured On CNBC's Final Trade. I'm Stephen Weiss, author of The Billion Dollar Mistake and a regular contributor on CNBC's Halftime Report. ", Related Link:Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More. february 27th but sign up now. Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. 100% OWNER OF UNITED ASSET MANAGEMENT UK HOLDINGS LIMITED: indirect: 1996-09-01: 2003-11-18: ARTISAN PARTNERS LIMITED PARTNERSHIP: LIMITED PARTNER OF SUTTER HILL PARTNERS L.P. indirect: 1998-01-01: It may therefore take some time before it appears on our website. Get this delivered to your inbox, and more info about our products and services. Apex Crypto is not a registered broker-dealer or FINRA member and your cryptocurrency holdings are not FDIC or SIPC insured. A Division of NBCUniversal. View Steve Weiss' professional profile on LinkedIn. Does anybody else have similar cash positions right now? Stephen L. Weiss is an active investor, public speaker and the author of UNHedged: A Novel About A Killing in the Market, released in December 2012. Your status will be reviewed by our moderators. Should I up to 50% cash? If you are 25 and have minimal expenses then let your investments ride (especially your Roth). During his tenure in research sales, he was responsible for developing investment ideas for many legendary investors including Soros Funds, Tiger Management, SAC Capital, where he subsequently worked, Omega Advisors and Kingdon Capital as well as many mutual funds. Short Hills Capital's Steve Weiss shared Monday on CNBC's "Fast Money Halftime Report" that he is adding to his Moderna Inc (NASDAQ:MRNA) stock position.. Moderna is trading higher on a few different pieces of news including the company's approval in Australia, comments from Dr. Anthony Fauci and BioNtech SE's (NASDAQ:BNTX) financial results, Weiss told CNBC. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime . you're drunk if you think the market will drop 50-70%. 2 - Let's all sit back and watch Weiss gloat with happiness & school us on the market being down today. Moderna is trading higher on a few different pieces of news including the company's approval in Australia,comments from Dr. Anthony Fauci andBioNtech SE's (NASDAQ:BNTX) financial results,Weiss told CNBC. Does anybody else have similar cash positions right now? Tags Jason Snipe Jenny Harrington Trading Ideas. Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission (SEC). 2023 Benzinga.com. Natural Gas: If Chase Lower Is Done, How Quickly to the Top? Join 10,000+ serious traders in the Benzinga Pro community! PROG Holdings Reports Fourth Quarter 2022 Results; Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks; Please go look at put premiums right now, it's literally just as risky to be a bear as a bull right now because of implied movements in both directions Aside from the general advice of dont ask Reddit about big financial decisions, its impossible to give any decent answer without knowing more about you. Additionally, he frequently appears on Fast Money at 5 PM, the Closing Bell, and The Kudlow Report. Click here to find out! EDIT: thanks everyone. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Here's why men die younger than women and how to fix it, China's shrinking population: What it means for the global economy, Oil companies made $200 billion in profits in 2022. That puts it at a 1 P/E. After four years, he headed out in different directions from the organization and joined SAC Capital Advisors. Stephen L. Weiss is an active investor, public speaker and the author of UNHedged: A Novel About A Killing in the Market, released in December 2012. . Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners, an alternative investment fund primarily established to invest the personal wealth of David Tepper, widely regarded as the industry's most successful investor. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. It also gives a nice stash in case I see an interesting entry-level on the positions Im eyeing so that's just extra icing on the cake. I'm weighted towards msft aapl GOOGL and UNH mostly. I heard Weiss keeps matchbox cars in his ass for safe keeping. Are you sure you want to block %USER_NAME%? "I think this company is going to do extremely well," said Weiss. 3 ETFs to Fight Back, 5 ETFs to Bet on Favorite Sectors of Q4 Earnings. Thank you, I have some cash and after reading this I just put in my buy orders. AMA Hi Reddit, I'm Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBC's Halftime report. Never miss a trade again with the fastest news alerts in the world! Benzinga Pro users can access this information by using the News tool on any workstation. Tue, Jul 6 202112:47 PM EDT RELATED 02:19 Short. 2007-2023 Fusion Media Limited. Press J to jump to the feed. If you need the money now and are about to retire then sure you can lower your risk. Data is a real-time snapshot *Data is delayed at least 15 minutes. Investors should be aware that system response, execution price, speed, liquidity, market data, and account access times are affected by many factors, including market volatility, size and type of order, market conditions, system performance, and other factors. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime Report. He has turned bearish after getting creamed on Moderna and a few others. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. Holdings Dividends Chart 1D 5D 1M YTD 1Y 5Y Max 0.3% ( 1D) About XLE The Energy Select Sector SPDR Fund (XLE) is an exchange-traded fund that is based on the Energy Select Sector index, a market-cap-weighted index of US energy companies in the S&P 500. Detailed Profile of WEISS ASSET MANAGEMENT LP portfolio of holdings. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. Timing the mkt its almost impossible. No content on the Webull Financial LLC website shall be considered as a recommendation or solicitation for the purchase or sale of securities, options, or other investment products. A veteran of more than 25 years on Wall Street, he has held senior management positions at Salomon Brothers, SAC Capital and Lehman Brothers, where he built Wall Street's #1 ranked sales force, in addition to co-founding a hedge fund. Please ensure that you fully understand the risks involved before trading. Create an account to follow your favorite communities and start taking part in conversations. By doing so, you and %USER_NAME% will not be able to see Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners LLC, an alternatives investment fund manager. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Benzinga does not provide investment advice. Please note that all comments are pending until approved by our moderators. CNBC's 'Halftime Report' investment committee, Shannon Saccocia, Joe Terranova, Steve Weiss and Jim Lebenthal, discuss the Fed's policies impact on the great. Since youve just unblocked this person, you must wait 48 hours before renewing the block. The Billion Dollar Mistake has been published in 5 languages and was named by Forbes as one of the top 5 investment books written in 2010. Join 10,000+ serious traders in the Benzinga Pro community! Let me know if you think Im buying in to high, Apple $17? Reddit and its partners use cookies and similar technologies to provide you with a better experience.