Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. 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. 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. Tue, Dec 29 20154:00 PM EST. Natural Gas: If Chase Lower Is Done, How Quickly to the Top? 2023 Benzinga.com. Please refer to our Fee Schedule for more details. and sign up for the mooc. Stephen L. Weiss (@stephenLweiss) January 27, 2022 In 1992, he joined the Salomon Brothers and filled in as the Co-Head Global Equity Research. View Steve Weiss' professional profile on LinkedIn. This Slide: #1 of 10 Continue to slide 2 #10. There is always the potential of losing money when you invest in securities or other financial products. Tickers FBC HON NYCB SGEN. Should I up to 50% cash? Weiss filled in as the Chief Investment Officer there. LinkedIn is the world's largest business network, helping professionals like Steve Weiss discover inside connections to recommended job . Bryn Talkington. EDIT: thanks everyone. Since youve just unblocked this person, you must wait 48 hours before renewing the block. Want the fastest, most accurate stock market intelligence? Gamer X @GamerX1414 . Cryptocurrency trading is offered through an account with Apex Crypto. Those aren't all undervalued but they're pretty stable. Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On . Well be covering everything from stocks and bonds to the role of financial instruments (Ex: options and derivatives). 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. Eventually you could sell what u perceive as expensive and keep stocks you believe are undervalued. Your status will be reviewed by our moderators. 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). The past performance of a security, or financial product does not guarantee future results or returns. A Division of NBCUniversal. Benzinga Pro traders use to win in the markets everyday. 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. You need to complete an options trading application and get approval on eligible accounts. After four years, he headed out in different directions from the organization and joined SAC Capital Advisors. Sign up for free newsletters and get more CNBC delivered to your inbox. 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. 2023 Benzinga.com. But the people on CNBC aren't the best fund managers. I enjoy watching the halftime show and getting the opinions of some others. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. The CNBC reporter previously served for The Wall Street Journal as a senior economics reporter. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime . 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. 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. read more Latest When hiring, be gender neutral. The commentary delivered by hosts of the show often moves the stocks mentioned. I don't regret having 30%. For access. Benzinga does not provide investment advice. Amongst those changes were Jumia TechnologiesJMIA. 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. The value of securities may fluctuate and as a result, clients may lose more than their original investment. 2022 Benzinga.com. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Today, I'm looking to talk with anyone interested in financial markets. All Rights Reserved. All rights reserved. Cookie Notice 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. Benzinga Pro users can access this information by using the News tool on any workstation. 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 commentary delivered by hosts of the show often moves the stocks . Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. Thanks for your comment. Join 10,000+ serious traders in the Benzinga Pro community! Not all coins provided by Apex Crypto LLC are available to New York residents. PROG Holdings Reports Fourth Quarter 2022 Results; Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks; 2007-2023 Fusion Media Limited. Timing the mkt its almost impossible. Investors should consider their investment objectives and risks carefully before investing. Please note that all comments are pending until approved by our moderators. +0.73%. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. There is no panacea that works for every investor. Please wait a minute before you try to comment again. The commentary delivered by hosts of the show often moves the stocks mentioned. Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission (SEC). Check out our wiki to learn more! once again mentions POAHY for his pick !!!!! SEC Filings include 13F quarterly reports, 13D/G events and more. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Benzinga does not provide investment advice. 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. 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: Honeywell International, Seagen, New York Community Bancorp And This Transportation Company Featured On CNBC's Final Trade. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 70% decline for the S&P gets us back to 2011 levels. . Steve Weiss, CIO and managing partner of Short Hills Capital Partners, joins 'Halftime Report' to discuss. All rights reserved. Are you sure you want to block %USER_NAME%? 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. ", Related Link:Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More. 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. Detailed Profile of WEISS ASSET MANAGEMENT LP portfolio of holdings. #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. Never miss a trade again with the fastest news alerts in the world! This headline only article is a sample of real-time intelligence Click here to find out! I'm 50/50 right now simply because I don't feel comfortable in the current environnement. From Benzinga. Press J to jump to the feed. We're not likely going to have a banking failure and worst case this is gonna go away in 2-5 years. Stockpennies: Steve Weiss on CNBC. All Rights Reserved. Are you an author? Join 10,000+ serious traders in the Benzinga Pro community! 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 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. 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 ask me anything. From Benzinga. Amongst those changes were Jumia Technologies JMIA . If you need the money now and are about to retire then sure you can lower your risk. 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. . 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. September 7, 2022 1:25 PM | 1 min read. time for me to get back to work. Steve's Professional Career: Steve Liesman is the senior economic reporter who serves for CNBC Network. Price Action: Moderna is making a new 52-week high in trading today. 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. 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. 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 hate takes like this because why protect urself with cash if ur this sure of a bear market? Jeremy Grantham is like the boy who cried wolf. 2023 CNBC LLC. Join 10,000+ serious traders in the Benzinga Pro community! The sell-off is a buying opportunity for. 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. Today, Im looking to talk with anyone interested in financial markets. 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. Benzinga Pro traders use to win in the markets everyday. Never miss a trade again with the fastest news alerts in the world! A former tax attorney, Steve has been in . Want the fastest, most accurate stock market intelligence? 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. 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. As an investment of course. Starting on Monday February 24th Ill be teaching the first ever massive open online course (MOOC) on finance with my colleague, Shelly Lombard. 2. IXIC. Almost any post related to stocks is welcome on /r/stocks. Ever wonder what Steve Weiss does in his spare time? The price is inflation risk and market premium. Does anybody else have similar cash positions right now? With that said I would put a wager on the fact that Weiss has the worst return rates of all their guests. Ever wonder what Steve Weiss does in his spare time? Steve Weiss, Short Hills Capital managing partner, joined CNBC's "Halftime Report" to explain why he no longer plans to own any Chinese stocks. An explanatory brochure is available upon request or at www.sipc.org. "I think this company is going to do extremely well," said Weiss. The company reported quarterly revenue of $6.39 billion, which beat the estimate of $3.84 billion. Press question mark to learn the rest of the keyboard shortcuts. 2 - Let's all sit back and watch Weiss gloat with happiness & school us on the market being down today. Replace the attached chart with a new chart ? if you want to continue the conversation, follow me on twitter @stephenlweiss. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. 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. On CNBC: Contributor Stephen Weiss Says Bought Porche SE. ABBV. and Lehman Brothers, where he built Wall Street's #1 ranked sales force, in addition to co-founding a hedge fund. New comments cannot be posted and votes cannot be cast, http://firstbusinessmooc.org/wall-street/, https://twitter.com/stephenLweiss/status/436195940483874816. Support: 888-992-3836 Home NewsWire Subscriptions Login/Register . Many vaccine makers are trading higher after Fauci saidhe is hopeful that COVID-19 vaccines will receive full FDA approval sometime this month. %USER_NAME% was successfully added to your Block List. Got a confidential news tip? Member, Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More, Characteristics and Risks of Standardized Options. Send us comments about our Author Pages. A $0.55 per contract fee applies for certain options trades. Inflation is Slowing, But is it Enough to Slow the Fed? 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. Losses can potentially exceed the initial required deposit. If you are 25 and have minimal expenses then let your investments ride (especially your Roth). Relevant regulatory and exchange fees may apply. Trade Off: Steve Weiss. 3. I heard Weiss keeps matchbox cars in his ass for safe keeping. Please visit www.webull.com/cryptocurrency to see a list of crypto available to trade. Are you sure you want to delete this chart? He is also the Managing Partner and Founder of Short Hills Capital Partners, LLC. 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). 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 This headline only article is a sample of real-time intelligence Weiss is bullish on Jumia Technologies. Get this delivered to your inbox, and more info about our products and services. The AMA is set to start at 4:00 pm. Jan 25, . March 19, 2021 12:34 PM | 18 seconds read. November 01, 2022. iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT). He loves days like this. Jeremy Grantham says we're headed for sp500 2500 most likely. Benzinga does not provide investment advice. All rights reserved. Weiss maintains strong relationships with some of the industry's most highly regarded investment managers. Click here to find out! Volkswagen is said to be preparing its Porsche IPO, according to reports. The information is collected and refined using Benzinga Pro's News Tool. Your ability to comment is currently suspended due to negative user reports. @wallstreetmooc. 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. CNBC's 'Halftime Report' investment committee, Shannon Saccocia, Joe Terranova, Steve Weiss and Jim Lebenthal, discuss the Fed's policies impact on the great. 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). 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.