For more information, please see our 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). 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 correspondent reports on all the aspects that are related to the economy that includes the Federal Reserve and major economic indicators. Price Action: Moderna is making a new 52-week high in trading today. by Benzinga Newsdesk, Benzinga Staff Writer. The goal of this Wall Street MOOC will be to help students develop a better understanding of how financial markets work. Cryptocurrency trading is offered through an account with Apex Crypto. 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 A former tax attorney, Steve has been in . This headline only article is a sample of real-time intelligence Steve Weiss Wiki, Biography, Age, Spouse, Net Worth, Fast Facts 3. 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). Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. ABBV. You're factoring in a 70% decline? Never miss a trade again with the fastest news alerts in the world! 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. Jan 25, . Trade Off: Steve Weiss. XLE ETF Stock Price, Quote & Overview - Stock Analysis Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime . 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 The AMA is set to start at 4:00 pm. 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. . I enjoy watching the halftime show and getting the opinions of some others. Stephen Weiss | Family Office Forum Volkswagen is said to be preparing its Porsche IPO, according to reports. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. Steve Weiss Weighs In On Jumia - Jumia Technologies (NYSE:JMIA) @wallstreetmooc. Bryn Talkington. and our Well be covering everything from stocks and bonds to the role of financial instruments (Ex: options and derivatives). Ever wonder what Steve Weiss does in his spare time? %USER_NAME% was successfully added to your Block List. Why This Investor Just Compared Moderna To Amazon, Sees 500% - Webull Jeremy Grantham says we're headed for sp500 2500 most likely. Follow to get new release updates, special offers (including promotional offers) and improved recommendations. Starting on Monday February 24th Ill be teaching the first ever massive open online course (MOOC) on finance with my colleague, Shelly Lombard. Stockpennies: Steve Weiss on CNBC. Stephen L. Weiss - amazon.com 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. 2023 Benzinga.com. 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: 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. There's no evidence that the market will bounce, says Short Hills Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. Steve Weiss' 30-50% might be worth few millions. Want the fastest, most accurate stock market intelligence? Jeremy Grantham is like the boy who cried wolf. once again mentions POAHY for his pick !!!!! Press J to jump to the feed. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. Best blockchain ETFs: Here's how you can invest in the backbone - MSN If you have a 30 year horizon who cares? The sell-off is a buying opportunity for. and sign up for the mooc. The commentary delivered by hosts of the show often moves the stocks mentioned. Amongst those changes were Jumia Technologies JMIA . 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. any of each other's Investing.com's posts. Apex Crypto is not a registered broker-dealer or FINRA member and your cryptocurrency holdings are not FDIC or SIPC insured. Tesla, AbbVie Are CNBC 'Fast Money' Mentions; Steve Weiss Is Shorting Does anybody else have similar cash positions right now? SVFA Never miss a trade again with the fastest news alerts in the world! 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 Webull Financial LLC, All rights reserved. Eventually you could sell what u perceive as expensive and keep stocks you believe are undervalued. If you are 25 and have minimal expenses then let your investments ride (especially your Roth). buy long dated puts and become a millionaire plz.also ur about 3-4 months late to the Bear party. Investors should consider their investment objectives and risks carefully before investing. View Steve Weiss' professional profile on LinkedIn. An explanatory brochure is available upon request or at www.sipc.org. . Benzinga Pro traders use to win in the markets everyday. The price is inflation risk and market premium. 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. He is also the Managing Partner and Founder of Short Hills Capital Partners, LLC. That puts it at a 1 P/E. you WILL find it very interesting. Steve Weiss said his new buy is Porsche (POAHY) - StreetInsider.com Send us comments about our Author Pages. Click here to find out! You need to complete an options trading application and get approval on eligible accounts. 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). Cookie Notice Are you sure you want to block %USER_NAME%? 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;. Benzinga Pro traders use to win in the markets everyday. Gamer X @GamerX1414 . Latest News about Stephen Weiss - Stock Market Since youve just unblocked this person, you must wait 48 hours before renewing the block. Tags Jason Snipe Jenny Harrington Trading Ideas. He loves days like this. time for me to get back to work. Please ask me anything. From Benzinga. 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. On CNBC: Contributor Stephen Weiss Says Bought Porche SE Today, I'm looking to talk with anyone interested in financial markets. Member, Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More, Characteristics and Risks of Standardized Options. He was WRONg. -0.57%. Support: 888-992-3836 Home NewsWire Subscriptions Login/Register . He added on to his already existing position inthe company. Those aren't all undervalued but they're pretty stable. Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. This Slide: #1 of 10 Continue to slide 2 #10. and Lehman Brothers, where he built Wall Street's #1 ranked sales force, in addition to co-founding a hedge fund. PROG Holdings Reports Fourth Quarter 2022 Results; Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks; At last check Monday, the stock was up 16.84% at $483.61. Get this delivered to your inbox, and more info about our products and services. if you want to continue the conversation, follow me on twitter @stephenlweiss. The CNBC reporter previously served for The Wall Street Journal as a senior economics reporter. 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. But the people on CNBC aren't the best fund managers. 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. Got a confidential news tip? The risk-reward hasn't changed this week, says Short Hills' Steve Weiss 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. BioNTech reported quarterly earnings of $12.97 per share, which beat the estimate of $8.91 per share. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Top 10 Stocks Held By Weiss Asset Management LP 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. ", Related Link:Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More. Steve Weiss, Short Hills Capital managing partner, joined CNBC's "Halftime Report" to explain why he no longer plans to own any Chinese stocks. I'm weighted towards msft aapl GOOGL and UNH mostly. It may therefore take some time before it appears on our website. The information is collected and refined using Benzinga Pros News Tool. Please refer to our Fee Schedule for more details. CNBCs "Fast Money: Halftime Report" delivers market-moving news to investors. Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On . For access. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. 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. WEISS ASSET MANAGEMENT LP Top 13F Holdings - WhaleWisdom.com Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. 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. Almost any post related to stocks is welcome on /r/stocks. Sign up to create alerts for Instruments, CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. 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. He has turned bearish after getting creamed on Moderna and a few others. Blackstone, Mastercard Are CNBC 'Fast Money' Mentions, And Steve Weiss 70%? SHCP opened to outside investors in 2014. Your status will be reviewed by our moderators. 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. 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 Liesman Wiki: CNBC, Salary, Net Worth, Wife, Family, Facts There is always the potential of losing money when you invest in securities or other financial products. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime Report. Steve Weiss, CIO and managing partner of Short Hills Capital Partners, joins 'Halftime Report' to discuss. I like him being on the show frequently but an inverse-Weiss portfolio may have been ideal over the last year. The value of securities may fluctuate and as a result, clients may lose more than their original investment. Visit Author Central to update your books, profile picture, and biography. Weiss is bullish on Jumia. 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. 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. Stephen Weiss Profile - CNBC Crypto trading only available to US residents. Im not holding my breath for it. iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT). Ever wonder what Steve Weiss does in his spare time? Data is a real-time snapshot *Data is delayed at least 15 minutes. Trade Off: Steve Weiss - CNBC Weiss is bullish on Jumia Technologies. Options trading entails significant risk and is not appropriate for all investors. Im looking forward to my first AMA and your questions. 2023 CNBC LLC. Weiss maintains strong relationships with some of the industry's most highly regarded investment managers. I don't regret having 30%. Privacy Policy. All rights reserved. #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. 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As an investment of course. Press question mark to learn the rest of the keyboard shortcuts. Even if he is wrong, he should be fine. Moderna announced today that itsCOVID-19 vaccine wasgranted provisional registration by the AustralianTherapeutic Goods Administration. february 27th but sign up now. Replace the attached chart with a new chart ? 2023 Benzinga.com. Fast Money Halftime Report : CNBC : March 3, 2023 12:00pm-1:00pm EST 3 ETFs to Fight Back, 5 ETFs to Bet on Favorite Sectors of Q4 Earnings. There is no panacea that works for every investor. All rights reserved. Let me know if you think Im buying in to high, Apple $17? Are you an author? All Rights Reserved. This headline only article is a sample of real-time intelligence All rights reserved. IXIC. Check out our wiki to learn more! Stop listening to these guys and invest in broadmarket etfs. All Rights Reserved. I'm 50/50 right now simply because I don't feel comfortable in the current environnement. EDIT: thanks everyone. Please ensure that you fully understand the risks involved before trading. September 7, 2022 1:25 PM | 1 min read. A Division of NBCUniversal. 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. Benzinga does not provide investment advice. Tickers FBC HON NYCB SGEN. Click here to find out! 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. Benzinga does not provide investment advice. Steve Weiss - Los Angeles, California, United States - LinkedIn 2007-2023 Fusion Media Limited. Why This Investor Thinks The Moderna Sell-Off Is A - Benzinga By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Tags Stephen Weiss CNBC Benzinga. Detailed Profile of WEISS ASSET MANAGEMENT LP portfolio of holdings. Your ability to comment is currently suspended due to negative user reports. Stephen L. Weiss | Financial Sense Steve's Professional Career: Steve Liesman is the senior economic reporter who serves for CNBC Network. The commentary delivered by hosts of the show often moves the stocks mentioned. Not all coins provided by Apex Crypto LLC are available to New York residents. 2 - Let's all sit back and watch Weiss gloat with happiness & school us on the market being down today. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Porsche Automobil Holding SE ADR (POAHY): Steve Weiss on CNBC. once Want EXCLUSIVE stories originated by Benzinga reporters? On CNBC, Steve Weiss said his new buy is Porsche (OTC: POAHY) . Timing the mkt its almost impossible. Join 10,000+ serious traders in the Benzinga Pro community! Thanks for your comment. 2023 Benzinga.com. On CNBC: Contributor Stephen Weiss Says Bought Porche SE. November 01, 2022. 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. 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. Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners LLC, an alternatives investment fund manager. Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission (SEC). How are we doing? Benzinga does not provide investment advice. March 19, 2021 12:34 PM | 18 seconds read. The information is collected and refined using Benzinga Pro's News Tool. Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. It is like everything he touches turns to crap or he is late to the show and just rides them down. SEC Filings include 13F quarterly reports, 13D/G events and more. +0.73%. Many vaccine makers are trading higher after Fauci saidhe is hopeful that COVID-19 vaccines will receive full FDA approval sometime this month. 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. 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. 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. XLE was launched on Dec 16, 1998 and is managed by State Street. you're drunk if you think the market will drop 50-70%. 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. View and manage who you follow on Amazon. Benzinga Pro users can access this information by using the News tool on any . Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. The right strategy is heavily dependent on you and your current life circumstances. Losses can potentially exceed the initial required deposit. Our clearing firm, Apex Clearing Corp., has purchased an additional insurance policy.. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. There's no shame in going heavy in cash if you are bearish but 70% is pretty much COVID 2 plus world war 3, There are those who think that all growth for the past decade+ has been completely irrational or inflated. Will Oil Stocks Once Again Lead The Market As Inflation Eases? The past performance of a security, or financial product does not guarantee future results or returns. Buy in more if you have the cash. Benzinga Pro users can access this information by using the News tool on any workstation. 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. 2022 Benzinga.com. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. Sign up for free newsletters and get more CNBC delivered to your inbox. CNBC Halftime Report on Twitter: "Join Scott Wapner and the committee