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Diary of a Mad Hedge Fund Trader

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  • Personal Finance
  • Personal Investing
Highlights
(SQ) February 8, 2021

When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. – STOP LOSS SELL – STOP LOSS – Square, Inc. (SQ) As mentioned, the Cash App has been a cash cow, generating $2.1 billion in revenue in the third quarter, which accounts for about 70% of overall revenue. But as health solutions roll out in 2021 (even if ridiculously slow), Square’s seller ecosystem should see a revenue reversal and $210 represents strong technical support for the stock.

2021: Gilead Sciences' Year of Milestones

In its third-quarter earnings report in 2020, Gilead reported $6.6 billion in total revenue, showing off a 17% jump from its performance during the same period last year. If you exclude its COVID-19 sales, Gilead would have only earned $5.6 billion, with the increase in its year over year performance changing from 17% to just 2%. As for its overall performance in 2020, Gilead announced that it’s raising its previous guidance from the $23 billion and $23.35 billion range to be somewhere between $24.3 billion and $24.35 billion. In the third quarter of 2020, sales of Gilead’s HIV line climbed by 8% to reach $4.5 billion.

(BA) January 29, 2021

The stampede into stocks with huge short interests like GameStop (GME) is forcing hedge funds to jump their good stocks (BA) to cover their enormous losses in their shorts. During WWII, my dad got down on his knees and kissed the runway when the B-17 bomber in which he served as tail gunner (two probable’s) made it back to Guadalcanal, despite the many holes in the fuselage. Some 40 years later, I got down on my knees and kissed the runway when a tired and rickety Boeing 707, held together with spit and baling wire, which was first delivered as Dwight Eisenhower’s Air Force One in 1955, flew me and the rest of Reagan’s White House Press Corp to Tokyo. I even tried to buy my own B-17 bomber in the 90s but was outbid by Paul Allen on behalf of his new Flying Heritage Collection at Washington’s Paine Field.

January 21, 2021

The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or

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