Today, Larry Berman CFA, CMT, CTA and Thomas George commented about whether BABA-N, IBN-N, V-N, NDVA-X, SPOT-N, TWTR-N, TCEHY-OTC, GOOG-Q, ZQQ-T, ZPW-T, ZWH-T, BCE-T, HMMJ-T, HUT-T, ETSY-Q, NTR-T, HEXO-T, NVDA-Q, SQ-N, RDS.B-N are stocks to buy or sell.
ZWH-T, ZPW-T. Great puts being written 10-20% below where holdings trade gives an imbedded margin of safety. You get a great source of diversity. He likes to pair these two when he is negative on the markets. He is going to be adding these to portfolios. It helps to mitigate downside while giving you some yield.
Market. Bitcoin could be called Nerd Gold. It is the next evolution beyond the Internet. Bitcoin is not subject to central banks. Gold has about $8 Trillion in market cap vs. Bitcoin having $150 Billion market cap. If there was a 5% reallocation to gold to Bitcoin, it could easily get to $33,000, from $9,000 today. The Marijuana sector is very overvalued. The three largest producers have costs of $2.01/gram vs. $0.35 to grow at home. As soon as US markets have gone legal, the price has fallen substantially.
After the Facebook blow up this is interesting. He is still struggling with monetization on social platforms. It is a PE of 65. You are betting on a lot of things working that have not worked. They even have Trump as their bill board. Twitter is better than Facebook, though. Twitter will stick, whereas Facebook may not.
ZWH-T, ZPW-T. Great puts being written 10-20% below where holdings trade gives an imbedded margin of safety. You get a great source of diversity. He likes to pair these two when he is negative on the markets. He is going to be adding these to portfolios. It helps to mitigate downside while giving you some yield.