From Benzinga. He stated that it's the Amazon.com of Africa and that this is a long-term position for him, and not just a trade. Are you out of youre mind? "I think this company is going to do extremely well," said Weiss. BioNTech reported quarterly earnings of $12.97 per share, which beat the estimate of $8.91 per share. The goal of this Wall Street MOOC will be to help students develop a better understanding of how financial markets work. buy long dated puts and become a millionaire plz.also ur about 3-4 months late to the Bear party. I'm 50/50 right now simply because I don't feel comfortable in the current environnement. Please visit www.webull.com/cryptocurrency to see a list of crypto available to trade. November 01, 2022. 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. Should I up to 50% cash? Benzinga does not provide investment advice. Keep in mind that while diversification may help spread risk, it does not assure a profit or protect against loss in a down market. Visit Author Central to update your books, profile picture, and biography. Gamer X @GamerX1414 . CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. 3 ETFs to Fight Back, 5 ETFs to Bet on Favorite Sectors of Q4 Earnings. Ever wonder what Steve Weiss does in his spare time? 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). Steve Liesman Wiki: CNBC, Salary, Net Worth, Wife, Family, Facts Ever wonder what Steve Weiss does in his spare time? 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. Trade Off: Steve Weiss - CNBC Want the fastest, most accurate stock market intelligence? Send us comments about our Author Pages. Apex Crypto is not a registered broker-dealer or FINRA member and your cryptocurrency holdings are not FDIC or SIPC insured. If you need the money now and are about to retire then sure you can lower your risk. SHCP opened to outside investors in 2014. 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. Steve Weiss, CIO and managing partner of Short Hills Capital Partners, joins 'Halftime Report' to discuss. Price Action: Moderna is making a new 52-week high in trading today. 70%? SEC Filings include 13F quarterly reports, 13D/G events and more. 3. The value of securities may fluctuate and as a result, clients may lose more than their original investment. Tags Jason Snipe Jenny Harrington Trading Ideas. March 19, 2021 12:34 PM | 18 seconds read. 2023 CNBC LLC. If you have a 30 year horizon who cares? He added on to his already existing position inthe company. Steve Weiss - Los Angeles, California, United States - LinkedIn All rights reserved. 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. The correspondent reports on all the aspects that are related to the economy that includes the Federal Reserve and major economic indicators. 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. Do Not Sell My Personal Data/Privacy Policy. 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). Tue, Dec 29 20154:00 PM EST. Join 10,000+ serious traders in the Benzinga Pro community! 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. It may therefore take some time before it appears on our website. 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. Steve's Professional Career: Steve Liesman is the senior economic reporter who serves for CNBC Network. 2007-2023 Fusion Media Limited. You need to complete an options trading application and get approval on eligible accounts. Press question mark to learn the rest of the keyboard shortcuts. View and manage who you follow on Amazon. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Volkswagen is said to be preparing its Porsche IPO, according to reports. That puts it at a 1 P/E. you're drunk if you think the market will drop 50-70%. All rights reserved. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities. 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. 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. Create an account to follow your favorite communities and start taking part in conversations. 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. . Please ask me anything. Additionally, he frequently appears on Fast Money at 5 PM, the Closing Bell, and The Kudlow Report. Steve Weiss Wiki, Biography, Age, Spouse, Net Worth, Fast Facts CNBC's Steve Weiss Sells Pfizer; Adds More Merck & Company; Sold United 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. The AMA is set to start at 4:00 pm. Timing the mkt its almost impossible. IXIC. All rights reserved. PROG Holdings Reports Fourth Quarter 2022 Results; Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks; Does anybody else have similar cash positions right now? Porsche Automobil Holding SE ADR (POAHY): Steve Weiss on CNBC. once 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. Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange Commission (SEC). He was WRONg. Be very selective in buying stocks right now: Steve Weiss Bryn Talkington - Latest News and breaking headlines - Benzinga Stephen L. Weiss - amazon.com The sell-off is a buying opportunity for. I heard Weiss keeps matchbox cars in his ass for safe keeping. 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Steve Weiss Weighs In On Jumia - Jumia Technologies (NYSE:JMIA) 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. Sign up for free newsletters and get more CNBC delivered to your inbox. Replace the attached chart with a new chart ? Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime . Buy in more if you have the cash. We want to hear from you. 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. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. 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). Please ensure that you fully understand the risks involved before trading. 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: September 7, 2022 1:25 PM | 1 min read. Stephen L. Weiss (@stephenLweiss) January 27, 2022 In 1992, he joined the Salomon Brothers and filled in as the Co-Head Global Equity Research. New comments cannot be posted and votes cannot be cast, http://firstbusinessmooc.org/wall-street/, https://twitter.com/stephenLweiss/status/436195940483874816. For more information, please see our Devon Energy, Broadcom, Amgen And This Company Report Earnings Next Week: CNBC's 'Final Trades'. An explanatory brochure is available upon request or at www.sipc.org. Trade Off: Steve Weiss. 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. I enjoy watching the halftime show and getting the opinions of some others. Benzinga Pro traders use to win in the markets everyday. All Rights Reserved. Crypto trading only available to US residents. On CNBC: Contributor Stephen Weiss Says Bought Porche SE If you are 25 and have minimal expenses then let your investments ride (especially your Roth). Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. Steve Weiss said his new buy is Porsche (POAHY) - StreetInsider.com This headline only article is a sample of real-time intelligence if you want to continue the conversation, follow me on twitter @stephenlweiss. Starting on Monday February 24th Ill be teaching the first ever massive open online course (MOOC) on finance with my colleague, Shelly Lombard. CNBC's 'Halftime Report' investment committee, Shannon Saccocia, Joe Terranova, Steve Weiss and Jim Lebenthal, discuss the Fed's policies impact on the great. Your ability to comment is currently suspended due to negative user reports. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime Report. Stephen L. Weiss | Financial Sense 2023 Benzinga.com. Benzinga does not provide investment advice. The commentary delivered by hosts of the show often moves the stocks mentioned. I don't regret having 30%. As an investment of course. Cryptocurrency trading is offered through an account with Apex Crypto. Weiss maintains strong relationships with some of the industry's most highly regarded investment managers. CNBC Halftime Report on Twitter: "Join Scott Wapner and the committee