XLE ETF Stock Price, Quote & Overview - Stock Analysis you're drunk if you think the market will drop 50-70%. Amongst those changes were Jumia Technologies JMIA . At last check Monday, the stock was up 16.84% at $483.61. He was WRONg. Asset Class Equity CNBC's Steve Weiss Sells Pfizer; Adds More Merck & Company; Sold United read more Latest When hiring, be gender neutral. November 01, 2022. 2023 CNBC LLC. Amongst those changes were Jumia TechnologiesJMIA. ABBV. On CNBC, Steve Weiss said his new buy is Porsche (OTC: POAHY) . Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime . Join 10,000+ serious traders in the Benzinga Pro community! Volkswagen has potential to be a big EV player: Steve Weiss Are you sure you want to delete this chart? 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. The commentary delivered by hosts of the show often moves the stocks . On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. 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. 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. Your ability to comment is currently suspended due to negative user reports. 70%? I'm Stephen Weiss, author of The Billion Dollar Mistake and a - reddit Will Oil Stocks Once Again Lead The Market As Inflation Eases? 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. He is also the Managing Partner and Founder of Short Hills Capital Partners, LLC. Relevant regulatory and exchange fees may apply. CNBC Halftime Report on Twitter: "Join Scott Wapner and the committee The CNBC reporter previously served for The Wall Street Journal as a senior economics reporter. Benzinga does not provide investment advice. There is always the potential of losing money when you invest in securities or other financial products. 2 - Let's all sit back and watch Weiss gloat with happiness & school us on the market being down today. Porsche Automobil Holding SE ADR (POAHY): Steve Weiss on CNBC. once 3 ETFs to Fight Back, 5 ETFs to Bet on Favorite Sectors of Q4 Earnings. Our clearing firm, Apex Clearing Corp., has purchased an additional insurance policy.. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. A Division of NBCUniversal. I like him being on the show frequently but an inverse-Weiss portfolio may have been ideal over the last year. Natural Gas: If Chase Lower Is Done, How Quickly to the Top? Reddit and its partners use cookies and similar technologies to provide you with a better experience. If you need the money now and are about to retire then sure you can lower your risk. 2. Bryn Talkington. 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. 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. Member, Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More, Characteristics and Risks of Standardized Options. Why This Investor Thinks The Moderna Sell-Off Is A - Benzinga From Benzinga. SVFA View Steve Weiss' professional profile on LinkedIn. Are you an author? It may therefore take some time before it appears on our website. 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). This Slide: #1 of 10 Continue to slide 2 #10. The information is collected and refined using Benzinga Pro's News Tool. With that said I would put a wager on the fact that Weiss has the worst return rates of all their guests. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. buy long dated puts and become a millionaire plz.also ur about 3-4 months late to the Bear party. Click here to find out! I heard Weiss keeps matchbox cars in his ass for safe keeping. Does anybody else have similar cash positions right now? Top 10 Stocks Held By Weiss Asset Management LP Not all coins provided by Apex Crypto LLC are available to New York residents. Steve Weiss' 30-50% might be worth few millions. 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. Thank you, I have some cash and after reading this I just put in my buy orders. 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. On CNBC: Contributor Stephen Weiss Says Bought Porche SE. Benzinga Pro users can access this information by using the News tool on any . 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 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. Price Action: Moderna is making a new 52-week high in trading today. I'm 50/50 right now simply because I don't feel comfortable in the current environnement. Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. We want to hear from you. 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. The price is inflation risk and market premium. I hate takes like this because why protect urself with cash if ur this sure of a bear market? It is like everything he touches turns to crap or he is late to the show and just rides them down. 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. Steve Weiss said his new buy is Porsche (POAHY) - StreetInsider.com Stephen Weiss - Board Member - Digital Diagnostics | LinkedIn Buy in more if you have the cash. 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! Please wait a minute before you try to comment again. 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. Latest News about Stephen Weiss - Stock Market You're factoring in a 70% decline? Investors should consider their investment objectives and risks carefully before investing. 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. Steve Weiss Wiki, Biography, Age, Spouse, Net Worth, Fast Facts Trade Off: Steve Weiss - CNBC Tesla, AbbVie Are CNBC 'Fast Money' Mentions; Steve Weiss Is Shorting Additionally, he frequently appears on Fast Money at 5 PM, the Closing Bell, and The Kudlow Report. The information is collected and refined using Benzinga Pro's News Tool. He has to hit targets for his clients who have different objectives than you. Tags Jason Snipe Jenny Harrington Trading Ideas. Benzinga Pro traders use to win in the markets everyday. Reddit and its partners use cookies and similar technologies to provide you with a better experience. This headline only article is a sample of real-time intelligence Eventually you could sell what u perceive as expensive and keep stocks you believe are undervalued. Stephen L. Weiss (@stephenLweiss) January 27, 2022 In 1992, he joined the Salomon Brothers and filled in as the Co-Head Global Equity Research. Honeywell International, Seagen, New York Community Bancorp And This Transportation Company Featured On CNBC's Final Trade. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. A $0.55 per contract fee applies for certain options trades. The right strategy is heavily dependent on you and your current life circumstances. Please ensure that you fully understand the risks involved before trading. +0.73%. Privacy Policy. Stockpennies: Steve Weiss on CNBC. Cryptocurrency trading is offered through an account with Apex Crypto. The commentary delivered by hosts of the show often moves the stocks mentioned. Many vaccine makers are trading higher after Fauci saidhe is hopeful that COVID-19 vaccines will receive full FDA approval sometime this month. An explanatory brochure is available upon request or at www.sipc.org. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. Weiss is bullish on Jumia. I enjoy watching the halftime show and getting the opinions of some others.