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 IXIC. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss in a down market. We want to hear from you. Amongst those changes were Jumia TechnologiesJMIA. Asset Class Equity Are you sure you want to block %USER_NAME%? Are you out of youre mind? Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. 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. Trade Off: Steve Weiss. #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. 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. Eventually you could sell what u perceive as expensive and keep stocks you believe are undervalued. Amongst those changes were Jumia Technologies JMIA . iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT). A former tax attorney, Steve has been in . you're drunk if you think the market will drop 50-70%. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. @wallstreetmooc. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. For more information, please see our Get this delivered to your inbox, and more info about our products and services. Will Oil Stocks Once Again Lead The Market As Inflation Eases? There is no panacea that works for every investor. once again mentions POAHY for his pick !!!!! November 01, 2022. Since youve just unblocked this person, you must wait 48 hours before renewing the block. 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. 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. Sign up to create alerts for Instruments, Jeremy Grantham is like the boy who cried wolf. He is currently a Senior Managing Director and Partner at Leerink Swann, LLC, an investment bank. He added on to his already existing position inthe company. He has turned bearish after getting creamed on Moderna and a few others. 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. I enjoy watching the halftime show and getting the opinions of some others. Benzinga does not provide investment advice. read more Latest When hiring, be gender neutral. If you are 25 and have minimal expenses then let your investments ride (especially your Roth). At last check Monday, the stock was up 16.84% at $483.61. 2023 Benzinga.com. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. Are you sure you want to delete this chart? Please wait a minute before you try to comment again. I like him being on the show frequently but an inverse-Weiss portfolio may have been ideal over the last year. The AMA is set to start at 4:00 pm. 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;. 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. 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. and sign up for the mooc. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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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. and Lehman Brothers, where he built Wall Street's #1 ranked sales force, in addition to co-founding a hedge fund. 2007-2023 Fusion Media Limited. BioNTech reported quarterly earnings of $12.97 per share, which beat the estimate of $8.91 per share. 2023 Webull Financial LLC, All rights reserved. All rights reserved. For access. Tickers FBC HON NYCB SGEN. Does anybody else have similar cash positions right now? Losses can potentially exceed the initial required deposit. The information is collected and refined using Benzinga Pro's News Tool. 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). ABBV. Please ensure that you fully understand the risks involved before trading. I'm about 30% now and wondering if I should sell off some of my ROTH to bring up to 50% cash like Weiss. by Benzinga Newsdesk, Benzinga Staff Writer. View Steve Weiss' professional profile on LinkedIn. I hate takes like this because why protect urself with cash if ur this sure of a bear market? "I think this company is going to do extremely well," said Weiss. 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. %USER_NAME% was successfully added to your Block List. All Rights Reserved. Tue, Jul 6 202112:47 PM EDT RELATED 02:19 Short. I'm Stephen Weiss, author of The Billion Dollar Mistake and a regular contributor on CNBC's Halftime Report. New comments cannot be posted and votes cannot be cast, http://firstbusinessmooc.org/wall-street/, https://twitter.com/stephenLweiss/status/436195940483874816. Never miss a trade again with the fastest news alerts in the world! 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. Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. 2023 Benzinga.com. Should I up to 50% cash? Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Stephen L. Weiss (@stephenLweiss) January 27, 2022 In 1992, he joined the Salomon Brothers and filled in as the Co-Head Global Equity Research. 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. 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. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime . Replace the attached chart with a new chart ? The company reported quarterly revenue of $6.39 billion, which beat the estimate of $3.84 billion. Price Action: Moderna is making a new 52-week high in trading today. Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission (SEC). any of each other's Investing.com's posts. Weiss is bullish on Jumia Technologies. SEC Filings include 13F quarterly reports, 13D/G events and more. All investments involve risk, and not all risks are suitable for every investor. 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. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. Please ask me anything. 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: Weiss filled in as the Chief Investment Officer there. Benzinga does not provide investment advice. With that said I would put a wager on the fact that Weiss has the worst return rates of all their guests. 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 commentary delivered by hosts of the show often moves the stocks mentioned. 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. On CNBC, Steve Weiss said his new buy is Porsche (OTC: POAHY) . Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities. Crypto trading only available to US residents. It is like everything he touches turns to crap or he is late to the show and just rides them down. Today, I'm looking to talk with anyone interested in financial markets. Tags Jason Snipe Jenny Harrington Trading Ideas. Jan 25, . LinkedIn is the world's largest business network, helping professionals like Steve Weiss discover inside connections to recommended job . Join 10,000+ serious traders in the Benzinga Pro community! You need to complete an options trading application and get approval on eligible accounts. The commentary delivered by hosts of the show often moves the stocks . You're factoring in a 70% decline? 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. Benzinga does not provide investment advice. Benzinga does not provide investment advice. 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). The price is inflation risk and market premium. Thank you, I have some cash and after reading this I just put in my buy orders. March 19, 2021 12:34 PM | 18 seconds read. This headline only article is a sample of real-time intelligence 3. 2 - Let's all sit back and watch Weiss gloat with happiness & school us on the market being down today. Support: 888-992-3836 Home NewsWire Subscriptions Login/Register . Im looking forward to my first AMA and your questions. the only cash position ill have is from my paychecks that come in while i build back up my E-Fund. I'm about 30% now and wondering if I should sell off some of my ROTH to bring up to 50% cash like Weiss. Please note that all comments are pending until approved by our moderators. I heard Weiss keeps matchbox cars in his ass for safe keeping. As an investment of course. Weiss is bullish on Jumia. Steve Weiss' 30-50% might be worth few millions. Almost any post related to stocks is welcome on /r/stocks. The value of securities may fluctuate and as a result, clients may lose more than their original investment. If you have a 30 year horizon who cares? Benzinga Pro traders use to win in the markets everyday. Send us comments about our Author Pages. 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. The commentary delivered by hosts of the show often moves the stocks mentioned. Apex Crypto is not a registered broker-dealer or FINRA member and your cryptocurrency holdings are not FDIC or SIPC insured. Are you an author? Want the fastest, most accurate stock market intelligence? Those aren't all undervalued but they're pretty stable. Join 10,000+ serious traders in the Benzinga Pro community! 2022 Benzinga.com. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. The information is collected and refined using Benzinga Pro's News Tool. Even if he is wrong, he should be fine. 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. Stockpennies: Steve Weiss on CNBC. Benzinga Pro users can access this information by using the News tool on any workstation. There is always the potential of losing money when you invest in securities or other financial products. Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. He was WRONg. 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. Thanks for your comment. Member, Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More, Characteristics and Risks of Standardized Options. 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 '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. From Benzinga. On CNBC: Contributor Stephen Weiss Says Bought Porche SE. Stop listening to these guys and invest in broadmarket etfs. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Bryn Talkington. ", Related Link:Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla 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. He loves days like this. 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. I'm weighted towards msft aapl GOOGL and UNH mostly. But the people on CNBC aren't the best fund managers. 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. Natural Gas: If Chase Lower Is Done, How Quickly to the Top? Benzinga Pro users can access this information by using the News tool on any . It may therefore take some time before it appears on our website. By doing so, you and %USER_NAME% will not be able to see We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. Cookie Notice 3 ETFs to Fight Back, 5 ETFs to Bet on Favorite Sectors of Q4 Earnings. Does anybody else have similar cash positions right now? XLE was launched on Dec 16, 1998 and is managed by State Street. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime Report. SVFA Got a confidential news tip? Reddit and its partners use cookies and similar technologies to provide you with a better experience. All Rights Reserved. The information is collected and refined using Benzinga Pros News Tool. Ever wonder what Steve Weiss does in his spare time? 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. Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. you WILL find it very interesting. All rights reserved. CNBCs "Fast Money: Halftime Report" delivers market-moving news to investors. Steve's Professional Career: Steve Liesman is the senior economic reporter who serves for CNBC Network. Ever wonder what Steve Weiss does in his spare time? The correspondent reports on all the aspects that are related to the economy that includes the Federal Reserve and major economic indicators. SHCP opened to outside investors in 2014. How are we doing? 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. Want EXCLUSIVE stories originated by Benzinga reporters? Please refer to our Fee Schedule for more details. Goldman Sachs' bad quarter is the result of environmental factors, says Steve Weiss CNBC We don't think we're going to have a soft landing, says Cantor Fitzgerald's Eric Johnston Visit Author Central to update your books, profile picture, and biography. If you need the money now and are about to retire then sure you can lower your risk. 70% decline for the S&P gets us back to 2011 levels. Investors should consider their investment objectives and risks carefully before investing. Create an account to follow your favorite communities and start taking part in conversations. This headline only article is a sample of real-time intelligence Press J to jump to the feed. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. 70%? Join 10,000+ serious traders in the Benzinga Pro community! Our clearing firm, Apex Clearing Corp., has purchased an additional insurance policy.. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. 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. Many vaccine makers are trading higher after Fauci saidhe is hopeful that COVID-19 vaccines will receive full FDA approval sometime this month. Honeywell International, Seagen, New York Community Bancorp And This Transportation Company Featured On CNBC's Final Trade. Join 10,000+ serious traders in the Benzinga Pro community! Inflation is Slowing, But is it Enough to Slow the Fed? buy long dated puts and become a millionaire plz.also ur about 3-4 months late to the Bear party. Follow to get new release updates, special offers (including promotional offers) and improved recommendations. The CNBC reporter previously served for The Wall Street Journal as a senior economics reporter. 2023 Benzinga.com. Please visit www.webull.com/cryptocurrency to see a list of crypto available to trade. Benzinga Pro traders use to win in the markets everyday. Weiss maintains strong relationships with some of the industry's most highly regarded investment managers. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. Buy in more if you have the cash. 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. All rights reserved. We're not likely going to have a banking failure and worst case this is gonna go away in 2-5 years. Data is a real-time snapshot *Data is delayed at least 15 minutes. A $0.55 per contract fee applies for certain options trades. Jeremy Grantham says we're headed for sp500 2500 most likely. 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.