any of each other's Investing.com's posts. Bryn Talkington. 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'm weighted towards msft aapl GOOGL and UNH mostly. Tue, Dec 29 20154:00 PM EST. The Billion Dollar Mistake: Learning the Art of Investing Through the Missteps of Legendary Investors, Top subscription boxes right to your door, 1996-2023, Amazon.com, Inc. or its affiliates. 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. The company reported quarterly revenue of $6.39 billion, which beat the estimate of $3.84 billion. He has turned bearish after getting creamed on Moderna and a few others. Moderna announced today that itsCOVID-19 vaccine wasgranted provisional registration by the AustralianTherapeutic Goods Administration. Crypto trading only available to US residents. Please visit www.webull.com/cryptocurrency to see a list of crypto available to trade. Apex Crypto is not a registered broker-dealer or FINRA member and your cryptocurrency holdings are not FDIC or SIPC insured. Are you sure you want to delete this chart? 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. On CNBC, Steve Weiss said his new buy is Porsche (OTC: POAHY) . 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. After four years, he headed out in different directions from the organization and joined SAC Capital Advisors. Trade Off: Steve Weiss. He added on to his already existing position inthe company. Wheat: Whats Good for Inflation Isnt Good for the Bulls, iShares Core FTSE 100 UCITS ETF GBP (Dist), Vanguard Total Bond Market II Index Fund Investor, PIMCO Commodity Real Return Strategy Institutional, SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18, Vontobel 7X Long Fixed Lever on Natural Gas 8.06. ABBV. Never miss a trade again with the fastest news alerts in the world! iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT). Send us comments about our Author Pages. Thank you, I have some cash and after reading this I just put in my buy orders. 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. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss in a down market. Jeremy Grantham says we're headed for sp500 2500 most likely. Please wait a minute before you try to comment again. You're factoring in a 70% decline? He has to hit targets for his clients who have different objectives than you. 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. 2023 Webull Financial LLC, All rights reserved. Replace the attached chart with a new chart ? Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. The goal of this Wall Street MOOC will be to help students develop a better understanding of how financial markets work. once again mentions POAHY for his pick !!!!! 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. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. All rights reserved. Member, Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More, Characteristics and Risks of Standardized Options. Tue, Jul 6 202112:47 PM EDT RELATED 02:19 Short. Please ask me anything. Visit Author Central to update your books, profile picture, and biography. Well be covering everything from stocks and bonds to the role of financial instruments (Ex: options and derivatives). Benzinga Pro traders use to win in the markets everyday. Are you sure you want to block %USER_NAME%? Since youve just unblocked this person, you must wait 48 hours before renewing the block. Weiss maintains strong relationships with some of the industry's most highly regarded investment managers. 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 Stop listening to these guys and invest in broadmarket etfs. 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. I'm about 30% now and wondering if I should sell off some of my ROTH to bring up to 50% cash like Weiss. Want the fastest, most accurate stock market intelligence? Does anybody else have similar cash positions right now? Benzinga does not provide investment advice. Tags Jason Snipe Jenny Harrington Trading Ideas. buy long dated puts and become a millionaire plz.also ur about 3-4 months late to the Bear party. It is like everything he touches turns to crap or he is late to the show and just rides them down. 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. . Sign up for free newsletters and get more CNBC delivered to your inbox. the only cash position ill have is from my paychecks that come in while i build back up my E-Fund. 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. Today, Im looking to talk with anyone interested in financial markets. A $0.55 per contract fee applies for certain options trades. The right strategy is heavily dependent on you and your current life circumstances. The information is collected and refined using Benzinga Pro's News Tool. Weiss is bullish on Jumia Technologies. Stephen L. Weiss (@stephenLweiss) January 27, 2022 In 1992, he joined the Salomon Brothers and filled in as the Co-Head Global Equity Research. Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. The information is collected and refined using Benzinga Pro's News Tool. Gamer X @GamerX1414 . If you need the money now and are about to retire then sure you can lower your risk. Check out our wiki to learn more! EDIT: thanks everyone. Natural Gas: If Chase Lower Is Done, How Quickly to the Top? Support: 888-992-3836 Home NewsWire Subscriptions Login/Register . Benzinga Pro users can access this information by using the News tool on any workstation. Join 10,000+ serious traders in the Benzinga Pro community! 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). Data is a real-time snapshot *Data is delayed at least 15 minutes. Get this delivered to your inbox, and more info about our products and services. 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. 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 CNBC's 'Halftime Report' investment committee, Shannon Saccocia, Joe Terranova, Steve Weiss and Jim Lebenthal, discuss the Fed's policies impact on the great. if you want to continue the conversation, follow me on twitter @stephenlweiss. March 19, 2021 12:34 PM | 18 seconds read. Affirm Holdings (AFRM) Confirms Earlier Earnings Leak; Needham & Company Lowers PT on Seagen (SGEN) to $180 on Weak Earnings . Steve Weiss, CIO and managing partner of Short Hills Capital Partners, joins 'Halftime Report' to discuss. 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. 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. Benzinga does not provide investment advice. Tickers FBC HON NYCB SGEN. A former tax attorney, Steve has been in . SVFA Options trading entails significant risk and is not appropriate for all investors. Your status will be reviewed by our moderators. Want the fastest, most accurate stock market intelligence? How are we doing? 2023 Benzinga.com. Detailed Profile of WEISS ASSET MANAGEMENT LP portfolio of holdings. The commentary delivered by hosts of the show often moves the stocks . I'm about 30% now and wondering if I should sell off some of my ROTH to bring up to 50% cash like Weiss. Are you an author? I don't regret having 30%. This Slide: #1 of 10 Continue to slide 2 #10. At last check Monday, the stock was up 16.84% at $483.61. He is also the Managing Partner and Founder of Short Hills Capital Partners, LLC. The price is inflation risk and market premium. He loves days like this. Investors should consider their investment objectives and risks carefully before investing. I enjoy watching the halftime show and getting the opinions of some others. On CNBC: Contributor Stephen Weiss Says Bought Porche SE. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. I like him being on the show frequently but an inverse-Weiss portfolio may have been ideal over the last year. Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. . All rights reserved. Asset Class Equity 70%? 2023 CNBC LLC. Tags Stephen Weiss CNBC Benzinga. february 27th but sign up now. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime Report. November 01, 2022. 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). The past performance of a security, or financial product does not guarantee future results or returns. Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On . Devon Energy, Broadcom, Amgen And This Company Report Earnings Next Week: CNBC's 'Final Trades'. Cookie Notice Do Not Sell My Personal Data/Privacy Policy. Join 10,000+ serious traders in the Benzinga Pro community! By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. I heard Weiss keeps matchbox cars in his ass for safe keeping. 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. Ever wonder what Steve Weiss does in his spare time? For more information, please see our But the people on CNBC aren't the best fund managers. Join 10,000+ serious traders in the Benzinga Pro community! ", Related Link:Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More.