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Please ask me anything. September 7, 2022 1:25 PM | 1 min read. Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. 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. Jeremy Grantham says we're headed for sp500 2500 most likely. Even if he is wrong, he should be fine. Apex Crypto is not a registered broker-dealer or FINRA member and your cryptocurrency holdings are not FDIC or SIPC insured. 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). LinkedIn is the world's largest business network, helping professionals like Steve Weiss discover inside connections to recommended job . BioNTech reported quarterly earnings of $12.97 per share, which beat the estimate of $8.91 per share. Ever wonder what Steve Weiss does in his spare time? CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Inflation is Slowing, But is it Enough to Slow the Fed? All investments involve risk, and not all risks are suitable for every investor. 70%? The information is collected and refined using Benzinga Pro's News Tool. The commentary delivered by hosts of the show often moves the stocks mentioned. CNBC's 'Halftime Report' investment committee, Shannon Saccocia, Joe Terranova, Steve Weiss and Jim Lebenthal, discuss the Fed's policies impact on the great. He has to hit targets for his clients who have different objectives than you. Tickers FBC HON NYCB SGEN. Im not holding my breath for it. Want the fastest, most accurate stock market intelligence? the only cash position ill have is from my paychecks that come in while i build back up my E-Fund. Crypto trading only available to US residents. If you have a 30 year horizon who cares? Support: 888-992-3836 Home NewsWire Subscriptions Login/Register . Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. All rights reserved. I don't regret having 30%. Detailed Profile of WEISS ASSET MANAGEMENT LP portfolio of holdings. Timing the mkt its almost impossible. Press J to jump to the feed. Weiss maintains strong relationships with some of the industry's most highly regarded investment managers. On CNBC, Steve Weiss said his new buy is Porsche (OTC: POAHY) . Benzinga Pro users can access this information by using the News tool on any workstation. 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. PROG Holdings Reports Fourth Quarter 2022 Results; Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks; From Benzinga. 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. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. If youd like to learn more about the course, heres a link to a video intro: www.youtube.com/watch?v=SOt_F4ig4j4#t=40, Link to the Wall Street MOOC course: http://firstbusinessmooc.org/wall-street/, Verification: https://twitter.com/stephenLweiss/status/436195940483874816. With that said I would put a wager on the fact that Weiss has the worst return rates of all their guests. Our clearing firm, Apex Clearing Corp., has purchased an additional insurance policy.. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. Sign up to create alerts for Instruments, I hate takes like this because why protect urself with cash if ur this sure of a bear market? Jan 25, . 70% decline for the S&P gets us back to 2011 levels. Relevant regulatory and exchange fees may apply. I'm weighted towards msft aapl GOOGL and UNH mostly. Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On . Stephen L. Weiss (@stephenLweiss) January 27, 2022 In 1992, he joined the Salomon Brothers and filled in as the Co-Head Global Equity Research. This headline only article is a sample of real-time intelligence if you want to continue the conversation, follow me on twitter @stephenlweiss. Join 10,000+ serious traders in the Benzinga Pro community! For access. Weiss is bullish on Jumia. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 2023 Benzinga.com. In total we count 515 positions held by Weiss Asset Management LP as of their latest 13F filing, but among those total Weiss Asset Management LP holdings we've sorted out the top ten stocks held by Weiss Asset Management LP by largest position size, and presented them here in slideshow form. Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. Not all coins provided by Apex Crypto LLC are available to New York residents. Your ability to comment is currently suspended due to negative user reports. 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. 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. 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. The AMA is set to start at 4:00 pm. 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. february 27th but sign up now. Amongst those changes were Jumia Technologies JMIA . 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. Trade Off: Steve Weiss. Steve Weiss, CIO and managing partner of Short Hills Capital Partners, joins 'Halftime Report' to discuss. Do Not Sell My Personal Data/Privacy Policy. All Rights Reserved. Well be covering everything from stocks and bonds to the role of financial instruments (Ex: options and derivatives). Weiss filled in as the Chief Investment Officer there. View Steve Weiss' professional profile on LinkedIn. Click here to find out! There is no panacea that works for every investor. For more information, please see our ", Related Link:Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More. 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. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Send us comments about our Author Pages. iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT). "I think this company is going to do extremely well," said Weiss. 2 - Let's all sit back and watch Weiss gloat with happiness & school us on the market being down today. Please read the Characteristics and Risks of Standardized Options before trading options. 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. We want to hear from you. Benzinga Pro traders use to win in the markets everyday. Click here to find out! March 19, 2021 12:34 PM | 18 seconds read. Please visit www.webull.com/cryptocurrency to see a list of crypto available to trade. . Please refer to our Fee Schedule for more details. 3 ETFs to Fight Back, 5 ETFs to Bet on Favorite Sectors of Q4 Earnings. Natural Gas: If Chase Lower Is Done, How Quickly to the Top? View and manage who you follow on Amazon. Those aren't all undervalued but they're pretty stable. Additionally, he frequently appears on Fast Money at 5 PM, the Closing Bell, and The Kudlow Report. once again mentions POAHY for his pick !!!!! EDIT: thanks everyone. The price is inflation risk and market premium. 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 Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. You want to wait until at least $10 for the dividend payout ratio gets close to 10% otherwise youre just throwing away money, This man so bearish starting to look like one even. I enjoy watching the halftime show and getting the opinions of some others. He has turned bearish after getting creamed on Moderna and a few others. Bryn Talkington. Are you an author? 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. The goal of this Wall Street MOOC will be to help students develop a better understanding of how financial markets work. 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: Steve Weiss' 30-50% might be worth few millions. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Thank you, I have some cash and after reading this I just put in my buy orders. Join 10,000+ serious traders in the Benzinga Pro community! Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime Report. Visit Author Central to update your books, profile picture, and biography. November 01, 2022. Want the fastest, most accurate stock market intelligence? Gamer X @GamerX1414 . I like him being on the show frequently but an inverse-Weiss portfolio may have been ideal over the last year. Investors should consider their investment objectives and risks carefully before investing. Affirm Holdings (AFRM) Confirms Earlier Earnings Leak; Needham & Company Lowers PT on Seagen (SGEN) to $180 on Weak Earnings . Never miss a trade again with the fastest news alerts in the world! Many vaccine makers are trading higher after Fauci saidhe is hopeful that COVID-19 vaccines will receive full FDA approval sometime this month. Devon Energy, Broadcom, Amgen And This Company Report Earnings Next Week: CNBC's 'Final Trades'. #CNBC #CNBCTV Be very selective in buying stocks right now: Steve Weiss 113,778 views May 13, 2022 858 Dislike Share Save CNBC Television 2.15M subscribers The investment committee joins. Weiss told CNBC he sold a portion of his position after the stock rallied Tuesday, but Moderna remains a "very large position" in his portfolio. All rights reserved. He loves days like this. Losses can potentially exceed the initial required deposit. The value of securities may fluctuate and as a result, clients may lose more than their original investment. Weiss is bullish on Jumia Technologies. -0.57%. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities. Got a confidential news tip? Cryptocurrency trading is offered through an account with Apex Crypto. Cookie Notice Check out our wiki to learn more! Im looking forward to my first AMA and your questions. 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. A Division of NBCUniversal. Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Webull Pay LLC. Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners LLC, an alternatives investment fund manager. He added on to his already existing position inthe company. +0.73%. If you are 60 and getting ready for retirement and on a fixed budget than it could make sense to go heavier into cash, although pulling from a Roth would be my last resort. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Benzinga does not provide investment advice. Tue, Jul 6 202112:47 PM EDT RELATED 02:19 Short. 2023 Webull Financial LLC, All rights reserved. There is always the potential of losing money when you invest in securities or other financial products. 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. Does anybody else have similar cash positions right now? 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. The sell-off is a buying opportunity for. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. If you need the money now and are about to retire then sure you can lower your risk. Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission (SEC). I'm thinking next month the market could sell off 50 to 70% from here and I can pick up some deals on MSFT GOOGL NVDA and stuff. I'm 50/50 right now simply because I don't feel comfortable in the current environnement. CNBCs "Fast Money: Halftime Report" delivers market-moving news to investors. Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. 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. IXIC. Follow to get new release updates, special offers (including promotional offers) and improved recommendations. Almost any post related to stocks is welcome on /r/stocks. 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. Steve's Professional Career: Steve Liesman is the senior economic reporter who serves for CNBC Network. He is also the Managing Partner and Founder of Short Hills Capital Partners, LLC. 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. time for me to get back to work. As an investment of course. Join 10,000+ serious traders in the Benzinga Pro community! That puts it at a 1 P/E. and sign up for the mooc. 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. CNBC's Steve Weiss Sells Pfizer; Adds More Merck & Company; Sold United Airlines - United Airlines Holdings (NASDAQ:UAL), Merck & Co (NYSE:MRK), Pfizer (NYSE:PFE) - Benzinga % % 0.92. Tue, Dec 29 20154:00 PM EST. Does anybody else have similar cash positions right now? Volkswagen is said to be preparing its Porsche IPO, according to reports. New comments cannot be posted and votes cannot be cast, http://firstbusinessmooc.org/wall-street/, https://twitter.com/stephenLweiss/status/436195940483874816. Options trading entails significant risk and is not appropriate for all investors. Amongst those changes were Jumia TechnologiesJMIA. Benzinga does not provide investment advice. Press question mark to learn the rest of the keyboard shortcuts. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. Never miss a trade again with the fastest news alerts in the world! The company reported quarterly revenue of $6.39 billion, which beat the estimate of $3.84 billion. 2023 Benzinga.com. 3. I heard Weiss keeps matchbox cars in his ass for safe keeping. buy long dated puts and become a millionaire plz.also ur about 3-4 months late to the Bear party. You're factoring in a 70% decline? The past performance of a security, or financial product does not guarantee future results or returns. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. Stop listening to these guys and invest in broadmarket etfs. Please wait a minute before you try to comment again. Your status will be reviewed by our moderators. All rights reserved. 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. By doing so, you and %USER_NAME% will not be able to see 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. He is currently a Senior Managing Director and Partner at Leerink Swann, LLC, an investment bank. Sign up for free newsletters and get more CNBC delivered to your inbox. Benzinga Pro traders use to win in the markets everyday. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. It is like everything he touches turns to crap or he is late to the show and just rides them down. XLE was launched on Dec 16, 1998 and is managed by State Street. ABBV. Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. Privacy Policy. Ever wonder what Steve Weiss does in his spare time? Price Action: Moderna is making a new 52-week high in trading today. Let me know if you think Im buying in to high, Apple $17? A $0.55 per contract fee applies for certain options trades. and our Want EXCLUSIVE stories originated by Benzinga reporters? 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. by Benzinga Newsdesk, Benzinga Staff Writer. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. 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