Your ability to comment is currently suspended due to negative user reports. Today, I'm looking to talk with anyone interested in financial markets. Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners LLC, an alternatives investment fund manager. Stephen Weiss - Board Member - Digital Diagnostics | LinkedIn 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. Timing the mkt its almost impossible. Fast Money Halftime Report : CNBC : March 3, 2023 12:00pm-1:00pm EST you're drunk if you think the market will drop 50-70%. 2022 Benzinga.com. Honeywell International, Seagen, New York Community Bancorp And This Transportation Company Featured On CNBC's Final Trade. Visit Author Central to update your books, profile picture, and biography. Tue, Dec 29 20154:00 PM EST. The information is collected and refined using Benzinga Pro's News Tool. All investments involve risk, and not all risks are suitable for every investor. Does anybody else have similar cash positions right now? Ever wonder what Steve Weiss does in his spare time? Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On . Reddit and its partners use cookies and similar technologies to provide you with a better experience. A former tax attorney, Steve has been in . Thank you, I have some cash and after reading this I just put in my buy orders. 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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. Should I up to 50% cash? The price is inflation risk and market premium. The commentary delivered by hosts of the show often moves the stocks . 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 The right strategy is heavily dependent on you and your current life circumstances. 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 value of securities may fluctuate and as a result, clients may lose more than their original investment. Bryn Talkington. Steve Weiss' 30-50% might be worth few millions. 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. How are we doing? I enjoy watching the halftime show and getting the opinions of some others. Press question mark to learn the rest of the keyboard shortcuts. All rights reserved. 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'm Stephen Weiss, author of The Billion Dollar Mistake and a - reddit 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. Steve Weiss, CIO and managing partner of Short Hills Capital Partners, joins 'Halftime Report' to discuss. 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. %USER_NAME% was successfully added to your Block List. The goal of this Wall Street MOOC will be to help students develop a better understanding of how financial markets work. Send us comments about our Author Pages. This headline only article is a sample of real-time intelligence By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Not all coins provided by Apex Crypto LLC are available to New York residents. iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT). Jeremy Grantham is like the boy who cried wolf. Are you an author? 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. From Benzinga. Please ensure that you fully understand the risks involved before trading. Devon Energy, Broadcom, Amgen And This Company Report Earnings Next Week: CNBC's 'Final Trades'. Im not holding my breath for it. Check out our wiki to learn more! 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. It may therefore take some time before it appears on our website. 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. Weiss is bullish on Jumia. 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. All rights reserved. Benzinga Pro users can access this information by using the News tool on any workstation. Want the fastest, most accurate stock market intelligence? 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. Additionally, he frequently appears on Fast Money at 5 PM, the Closing Bell, and The Kudlow Report. Join 10,000+ serious traders in the Benzinga Pro community! We want to hear from you. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. time for me to get back to work. 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). I heard Weiss keeps matchbox cars in his ass for safe keeping. Want EXCLUSIVE stories originated by Benzinga reporters? Inflation is Slowing, But is it Enough to Slow the Fed? On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. It is like everything he touches turns to crap or he is late to the show and just rides them down. CNBC Halftime Report on Twitter: "Join Scott Wapner and the committee He has to hit targets for his clients who have different objectives than you. I'm Stephen Weiss, author of The Billion Dollar Mistake and a regular contributor on CNBC's Halftime Report. PROG Holdings Reports Fourth Quarter 2022 Results; Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks; Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. There is no panacea that works for every investor. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime Report. He has turned bearish after getting creamed on Moderna and a few others. If you have a 30 year horizon who cares? 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. November 01, 2022. Affirm Holdings (AFRM) Confirms Earlier Earnings Leak; Needham & Company Lowers PT on Seagen (SGEN) to $180 on Weak Earnings . buy long dated puts and become a millionaire plz.also ur about 3-4 months late to the Bear party. 2023 Benzinga.com. Price Action: Moderna is making a new 52-week high in trading today. The information is collected and refined using Benzinga Pro's News Tool. 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. The sell-off is a buying opportunity for. WEISS ASSET MANAGEMENT LP Top 13F Holdings - WhaleWisdom.com September 7, 2022 1:25 PM | 1 min read. Your status will be reviewed by our moderators. 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. Even if he is wrong, he should be fine. I don't regret having 30%. 2023 Benzinga.com. Starting on Monday February 24th Ill be teaching the first ever massive open online course (MOOC) on finance with my colleague, Shelly Lombard. Please refer to our Fee Schedule for more details. He loves days like this. All Rights Reserved. CNBC's Steve Weiss Sells Pfizer; Adds More Merck & Company; Sold United 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. Short Hills Capital's Weiss on why he doesn't own Chinese stocks - CNBC Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities. Why This Investor Thinks The Moderna Sell-Off Is A - Benzinga Tags Jason Snipe Jenny Harrington Trading Ideas. Jan 25, . Volkswagen is said to be preparing its Porsche IPO, according to reports. Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. Join 10,000+ serious traders in the Benzinga Pro community! Never miss a trade again with the fastest news alerts in the world! 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. Cryptocurrency trading is offered through an account with Apex Crypto. 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. 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: the only cash position ill have is from my paychecks that come in while i build back up my E-Fund. Stephen L. Weiss (@stephenLweiss) January 27, 2022 In 1992, he joined the Salomon Brothers and filled in as the Co-Head Global Equity Research. 2023 CNBC LLC. Follow to get new release updates, special offers (including promotional offers) and improved recommendations. 3. 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. @wallstreetmooc. Stephen Weiss Profile - CNBC Let me know if you think Im buying in to high, Apple $17? you WILL find it very interesting. Tesla, AbbVie Are CNBC 'Fast Money' Mentions; Steve Weiss Is Shorting Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Click here to find out! Amongst those changes were Jumia Technologies JMIA . I'm 50/50 right now simply because I don't feel comfortable in the current environnement. Get this delivered to your inbox, and more info about our products and services. He added on to his already existing position inthe company. SHCP opened to outside investors in 2014. For access. Steve Weiss Wiki, Biography, Age, Spouse, Net Worth, Fast Facts Replace the attached chart with a new chart ? He was WRONg. 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. Are you sure you want to block %USER_NAME%? Steve Weiss of CNBC 50 to 70% cash? : r/stocks - reddit He is also the Managing Partner and Founder of Short Hills Capital Partners, LLC. once again mentions POAHY for his pick !!!!! Benzinga does not provide investment advice. The past performance of a security, or financial product does not guarantee future results or returns. 2 - Let's all sit back and watch Weiss gloat with happiness & school us on the market being down today. Steve Weiss, Short Hills Capital managing partner, joined CNBC's "Halftime Report" to explain why he no longer plans to own any Chinese stocks. The information is collected and refined using Benzinga Pros News Tool. Join 10,000+ serious traders in the Benzinga Pro community! 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. Tue, Jul 6 202112:47 PM EDT RELATED 02:19 Short. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Press J to jump to the feed. Volkswagen has potential to be a big EV player: Steve Weiss 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 maintains strong relationships with some of the industry's most highly regarded investment managers. -0.57%. On CNBC, Steve Weiss said his new buy is Porsche (OTC: POAHY) . Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. Join 10,000+ serious traders in the Benzinga Pro community! 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 consider their investment objectives and risks carefully before investing. 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