Will Oil Stocks Once Again Lead The Market As Inflation Eases? LinkedIn is the world's largest business network, helping professionals like Steve Weiss discover inside connections to recommended job . 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). View and manage who you follow on Amazon. Stockpennies: Steve Weiss on CNBC. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. All rights reserved. Join 10,000+ serious traders in the Benzinga Pro community! Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. Honeywell International, Seagen, New York Community Bancorp And This Transportation Company Featured On CNBC's Final Trade. Amongst those changes were Jumia TechnologiesJMIA. Benzinga does not provide investment advice. 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. Create an account to follow your favorite communities and start taking part in conversations. If you need the money now and are about to retire then sure you can lower your risk. This article has already been saved in your, Reuters Tesla, AbbVie Are CNBC 'Fast Money' Mentions; Steve Weiss Is Shorting This ETF, Avoid profanity, slander or personal attacks. 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. Are you an author? Investors should consider their investment objectives and risks carefully before investing. Are you sure you want to block %USER_NAME%? That puts it at a 1 P/E. Tue, Dec 29 20154:00 PM EST. Steve's Professional Career: Steve Liesman is the senior economic reporter who serves for CNBC Network. Jan 25, . He is currently a Senior Managing Director and Partner at Leerink Swann, LLC, an investment bank. All investments involve risk, and not all risks are suitable for every investor. 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. Please ensure that you fully understand the risks involved before trading. March 19, 2021 12:34 PM | 18 seconds read. We want to hear from you. Please ask me anything. Does anybody else have similar cash positions right now? This Slide: #1 of 10 Continue to slide 2 #10. Our clearing firm, Apex Clearing Corp., has purchased an additional insurance policy.. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. The past performance of a security, or financial product does not guarantee future results or returns. CNBC's 'Halftime Report' investment committee, Shannon Saccocia, Joe Terranova, Steve Weiss and Jim Lebenthal, discuss the Fed's policies impact on the great. After four years, he headed out in different directions from the organization and joined SAC Capital Advisors. Benzinga Pro traders use to win in the markets everyday. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime Report. 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 We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. Stop listening to these guys and invest in broadmarket etfs. Since youve just unblocked this person, you must wait 48 hours before renewing the block. The information is collected and refined using Benzinga Pros News Tool. 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: Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. 3 ETFs to Fight Back, 5 ETFs to Bet on Favorite Sectors of Q4 Earnings. Benzinga Pro users can access this information by using the News tool on any . From Benzinga. 2023 Webull Financial LLC, All rights reserved. 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. Crypto trading only available to US residents. SEC Filings include 13F quarterly reports, 13D/G events and more. Moderna announced today that itsCOVID-19 vaccine wasgranted provisional registration by the AustralianTherapeutic Goods Administration. Rivian Automotive, Pioneer Natural Resources, Cleveland-Cliffs And This Aerospace & Defense ETF On CNBC's 'Final Trades', Delta Air Lines, Msci And This Japanese Stock On CNBC's 'Final Trades', Arista Networks, Zoetis And This Airline Stock On CNBC's 'Final Trades', Alibaba, Deere, Cheniere Energy, And This Fund On CNBC's 'Final Trades', Martin Marietta Materials, Rivian Automotive And This Cybersecurity Company Releasing Earnings Today: CNBC's 'Final Trades', Bunge, Ardagh Metal Packaging And This Soft Drink Giant On CNBC's 'Final Trades', Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On CNBC's 'Final Trades', Kohl's, T Rowe Price, Rocket Lab USA, And This Tech Giant Feature On CNBC's 'Final Trades', Uber Technologies, Eagle Materials, Albemarle And This Cybersecurity Company Feature On CNBC's 'Final Trades', Advance Auto Parts, MasTec, Bank of America And This ETF Are CNBC's 'Final Trades', Citigroup, Live Nation Entertainment, Chevron And This Major ETF On CNBC's 'Final Trades', Charles River Laboratories, AbbVie, Star Bulk Carriers And This Big Bank Are CNBC's 'Final Trades', Cognex, Altria Group, Kinder Morgan And This Energy Giant: CNBC's 'Final Trades', Delta Air Lines, American Tower, Rocket Lab USA, D.R. 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). Amongst those changes were Jumia Technologies JMIA . Sign up to create alerts for Instruments, Join 10,000+ serious traders in the Benzinga Pro community! I hate takes like this because why protect urself with cash if ur this sure of a bear market? ABBV. Want the fastest, most accurate stock market intelligence? 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. you're drunk if you think the market will drop 50-70%. Check out our wiki to learn more! Visit Author Central to update your books, profile picture, and biography. Volkswagen is said to be preparing its Porsche IPO, according to reports. 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. 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. . Jeremy Grantham says we're headed for sp500 2500 most likely. Steve Weiss, Short Hills Capital managing partner, joined CNBC's "Halftime Report" to explain why he no longer plans to own any Chinese stocks. 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. Even if he is wrong, he should be fine. 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. He is also the Managing Partner and Founder of Short Hills Capital Partners, LLC. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime . Press question mark to learn the rest of the keyboard shortcuts. Want EXCLUSIVE stories originated by Benzinga reporters? Today, I'm looking to talk with anyone interested in financial markets. Please read the Characteristics and Risks of Standardized Options before trading options. Affirm Holdings (AFRM) Confirms Earlier Earnings Leak; Needham & Company Lowers PT on Seagen (SGEN) to $180 on Weak Earnings . CNBCs "Fast Money: Halftime Report" delivers market-moving news to investors. Weiss filled in as the Chief Investment Officer there. Asset Class Equity STEPHEN L. WEISS has spent nearly twenty-five years on Wall Street working for some of the industry's most prestigious firms including Salomon Brothers, SAC Capital, and Lehman Brothers (he played no role in its demise). A former tax attorney, Steve has been in . 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. Track record of significant success as an investor and in investment management, in public and private markets; senior leadership positions; built new and restructured underperforming businesses;. 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. Devon Energy, Broadcom, Amgen And This Company Report Earnings Next Week: CNBC's 'Final Trades'. Privacy Policy. A $0.55 per contract fee applies for certain options trades. Follow to get new release updates, special offers (including promotional offers) and improved recommendations. Benzinga does not provide investment advice. 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. 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). SVFA Let me know if you think Im buying in to high, Apple $17? if you want to continue the conversation, follow me on twitter @stephenlweiss. I enjoy watching the halftime show and getting the opinions of some others. 2007-2023 Fusion Media Limited. Weiss maintains strong relationships with some of the industry's most highly regarded investment managers. This headline only article is a sample of real-time intelligence 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. The value of securities may fluctuate and as a result, clients may lose more than their original investment. I'm about 30% now and wondering if I should sell off some of my ROTH to bring up to 50% cash like Weiss. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Are you sure you want to delete this chart? 2. EDIT: thanks everyone. Almost any post related to stocks is welcome on /r/stocks. 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. He loves days like this. You're factoring in a 70% decline? 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. 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. +0.73%. On CNBC: Contributor Stephen Weiss Says Bought Porche SE. Cryptocurrency trading is offered through an account with Apex Crypto. 2023 CNBC LLC. 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. 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. 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. Please visit www.webull.com/cryptocurrency to see a list of crypto available to 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. How are we doing? You need to complete an options trading application and get approval on eligible accounts. time for me to get back to work. Want the fastest, most accurate stock market intelligence? Are you out of youre mind? Benzinga Pro users can access this information by using the News tool on any workstation.