CNBCs "Fast Money: Halftime Report" delivers market-moving news to investors. View and manage who you follow on Amazon. Visit Author Central to update your books, profile picture, and biography. Price Action: Moderna is making a new 52-week high in trading today. If you need the money now and are about to retire then sure you can lower your risk. 3. Timing the mkt its almost impossible. New comments cannot be posted and votes cannot be cast, http://firstbusinessmooc.org/wall-street/, https://twitter.com/stephenLweiss/status/436195940483874816. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss in a down market. CNBC's 'Halftime Report' investment committee, Shannon Saccocia, Joe Terranova, Steve Weiss and Jim Lebenthal, discuss the Fed's policies impact on the great. March 19, 2021 12:34 PM | 18 seconds read. Benzinga Pro traders use to win in the markets everyday. Send us comments about our Author Pages. buy long dated puts and become a millionaire plz.also ur about 3-4 months late to the Bear party. Losses can potentially exceed the initial required deposit. and our Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On . Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Privacy Policy. ABBV. Weiss filled in as the Chief Investment Officer there. The AMA is set to start at 4:00 pm. Inflation is Slowing, But is it Enough to Slow the Fed? Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. 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. It is like everything he touches turns to crap or he is late to the show and just rides them down. You need to complete an options trading application and get approval on eligible accounts. Stop listening to these guys and invest in broadmarket etfs. Create an account to follow your favorite communities and start taking part in conversations. Im looking forward to my first AMA and your questions. SEC Filings include 13F quarterly reports, 13D/G events and more. 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. 3 ETFs to Fight Back, 5 ETFs to Bet on Favorite Sectors of Q4 Earnings. Check out our wiki to learn more! Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. 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. Cryptocurrency trading is offered through an account with Apex Crypto. 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). For more information, please see our Cookie Notice Stephen L. Weiss (@stephenLweiss) January 27, 2022 In 1992, he joined the Salomon Brothers and filled in as the Co-Head Global Equity Research. Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. All Rights Reserved. A Division of NBCUniversal. Since youve just unblocked this person, you must wait 48 hours before renewing the block. 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. Well be covering everything from stocks and bonds to the role of financial instruments (Ex: options and derivatives). Im not holding my breath for it. 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. Tue, Dec 29 20154:00 PM EST. Member, Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More, Characteristics and Risks of Standardized Options. The commentary delivered by hosts of the show often moves the stocks mentioned. Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners LLC, an alternatives investment fund manager. Amongst those changes were Jumia TechnologiesJMIA. On CNBC: Contributor Stephen Weiss Says Bought Porche SE. Click here to find out! 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. 2023 Webull Financial LLC, All rights reserved. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. The sell-off is a buying opportunity for. 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. The information is collected and refined using Benzinga Pro's News Tool. Options trading entails significant risk and is not appropriate for all investors. You're factoring in a 70% decline? Join 10,000+ serious traders in the Benzinga Pro community! EDIT: thanks everyone. Even if he is wrong, he should be fine. This headline only article is a sample of real-time intelligence 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. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime Report. The value of securities may fluctuate and as a result, clients may lose more than their original investment. . Press question mark to learn the rest of the keyboard shortcuts. Join 10,000+ serious traders in the Benzinga Pro community! There is always the potential of losing money when you invest in securities or other financial products. 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. 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. LinkedIn is the world's largest business network, helping professionals like Steve Weiss discover inside connections to recommended job . Benzinga does not provide investment advice. Almost any post related to stocks is welcome on /r/stocks. Thanks for your comment. and sign up for the mooc. From Benzinga. 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. Devon Energy, Broadcom, Amgen And This Company Report Earnings Next Week: CNBC's 'Final Trades'. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. We want to hear from you. If you are 25 and have minimal expenses then let your investments ride (especially your Roth). The goal of this Wall Street MOOC will be to help students develop a better understanding of how financial markets work. Short Hills Capital's Steve Weissshared Monday on CNBC's "Fast Money Halftime Report"that he is adding to hisModerna Inc (NASDAQ:MRNA) stock position. Weiss is bullish on Jumia Technologies. Please wait a minute before you try to comment again. Not all coins provided by Apex Crypto LLC are available to New York residents. %USER_NAME% was successfully added to your Block List. Our clearing firm, Apex Clearing Corp., has purchased an additional insurance policy.. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. Starting on Monday February 24th Ill be teaching the first ever massive open online course (MOOC) on finance with my colleague, Shelly Lombard. 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). Replace the attached chart with a new chart ? Honeywell International, Seagen, New York Community Bancorp And This Transportation Company Featured On CNBC's Final Trade. View Steve Weiss' professional profile on LinkedIn. 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. Ever wonder what Steve Weiss does in his spare time? Are you sure you want to block %USER_NAME%? Let me know if you think Im buying in to high, Apple $17? Stockpennies: Steve Weiss on CNBC. Sign up for free newsletters and get more CNBC delivered to your inbox. There is no panacea that works for every investor. Benzinga Pro users can access this information by using the News tool on any workstation. Benzinga does not provide investment advice. Affirm Holdings (AFRM) Confirms Earlier Earnings Leak; Needham & Company Lowers PT on Seagen (SGEN) to $180 on Weak Earnings . Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners, an alternative investment fund primarily established to invest the personal wealth of David Tepper, widely regarded as the industry's most successful investor. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. This Slide: #1 of 10 Continue to slide 2 #10. I hate takes like this because why protect urself with cash if ur this sure of a bear market? 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. 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;. 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. Please refer to our Fee Schedule for more details. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Moderna is trading higher on a few different pieces of news including the company's approval in Australia,comments from Dr. Anthony Fauci andBioNtech SE's (NASDAQ:BNTX) financial results,Weiss told CNBC. As an investment of course. 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: Benzinga Pro traders use to win in the markets everyday. 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. SHCP opened to outside investors in 2014. Benzinga does not provide investment advice. The right strategy is heavily dependent on you and your current life circumstances. I'm Stephen Weiss, author of The Billion Dollar Mistake and a regular contributor on CNBC's Halftime Report. Please ensure that you fully understand the risks involved before trading. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Investors should consider their investment objectives and risks carefully before investing. 70% decline for the S&P gets us back to 2011 levels. Bryn Talkington. if you want to continue the conversation, follow me on twitter @stephenlweiss. Volkswagen is said to be preparing its Porsche IPO, according to reports. Are you an author? Ever wonder what Steve Weiss does in his spare time? From Benzinga. This comment has already been saved in your, Eni agrees deal with UAE's ADNOC as Italy rebuilds relationship, Mercedes-Benz begins building battery recycling factory in southern Germany, Silvergate suspends crypto payments network; shares fall after-hours, Congress to Limit U.S. Oil Exports to China: What Traders Need to Know. Crypto trading only available to US residents. 70%? Want the fastest, most accurate stock market intelligence? Many vaccine makers are trading higher after Fauci saidhe is hopeful that COVID-19 vaccines will receive full FDA approval sometime this month. He loves days like this. Press J to jump to the feed. 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. All Rights Reserved. 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. He is also the Managing Partner and Founder of Short Hills Capital Partners, LLC. you WILL find it very interesting. Your ability to comment is currently suspended due to negative user reports. Does anybody else have similar cash positions right now? once again mentions POAHY for his pick !!!!! 2007-2023 Fusion Media Limited. Do Not Sell My Personal Data/Privacy Policy. Gamer X @GamerX1414 . I'm 50/50 right now simply because I don't feel comfortable in the current environnement. 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. iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT). An explanatory brochure is available upon request or at www.sipc.org. 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. Please visit www.webull.com/cryptocurrency to see a list of crypto available to trade. february 27th but sign up now. He has to hit targets for his clients who have different objectives than you. I like him being on the show frequently but an inverse-Weiss portfolio may have been ideal over the last year. @wallstreetmooc. I'm about 30% now and wondering if I should sell off some of my ROTH to bring up to 50% cash like Weiss. The past performance of a security, or financial product does not guarantee future results or returns. Today, Im looking to talk with anyone interested in financial markets. All rights reserved. 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 I enjoy watching the halftime show and getting the opinions of some others. 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Get this delivered to your inbox, and more info about our products and services. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. But the people on CNBC aren't the best fund managers. Never miss a trade again with the fastest news alerts in the world! 2 - Let's all sit back and watch Weiss gloat with happiness & school us on the market being down today. All investments involve risk, and not all risks are suitable for every investor. Today, I'm looking to talk with anyone interested in financial markets. 2023 CNBC LLC. 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. Buy in more if you have the cash. +0.73%. Want the fastest, most accurate stock market intelligence? PROG Holdings Reports Fourth Quarter 2022 Results; Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks; Want EXCLUSIVE stories originated by Benzinga reporters? A former tax attorney, Steve has been in . I'm about 30% now and wondering if I should sell off some of my ROTH to bring up to 50% cash like Weiss. The commentary delivered by hosts of the show often moves the stocks mentioned. Jeremy Grantham says we're headed for sp500 2500 most likely. Sign up to create alerts for Instruments, Please read the Characteristics and Risks of Standardized Options before trading options. The company reported quarterly revenue of $6.39 billion, which beat the estimate of $3.84 billion. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. Are you sure you want to delete this chart? The information is collected and refined using Benzinga Pro's News Tool. 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 Pro users can access this information by using the News tool on any . Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission (SEC). Steve Weiss' 30-50% might be worth few millions. Will Oil Stocks Once Again Lead The Market As Inflation Eases? The CNBC reporter previously served for The Wall Street Journal as a senior economics reporter. #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. Join 10,000+ serious traders in the Benzinga Pro community! 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. 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.