Hedge funds, tech stocks crash and burn

Worst performance in 14 years for hedge funds ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ What a year. Let's not lie - for many investors this was Armageddon. For retail traders who first entered the market with the pandemic era trading boom, it was the first bear market they had ever experienced. Few escaped the carnage. Hedge funds reported the worst results in fourteen years (see more on this below). After yesterday's brief recovery, futures are down heading into this morning. And the disastrous situation in the airline industry suggests that all of these problems are going to get worse instead of better. There's no room for error anymore. Every move we make must be done with precision, aggression, and intelligence. I've never seen a market so dangerous or so volatile. But in danger lies opportunity. The key here is having the will to move against the crowd when the tools in our arsenal tell us the facts are on our side. Yet you can't trust just the numbers. I've found after years of trading that you can get a certain sense about what's going to happen - when you can almost see "through" the market in some way and grasp the larger pattern, if only for a moment. You see, at Rogue, we aren't doing just what other people do. We're not just trying to help you make winning trades. We're trying to make you better traders on your own... to give you that "second sight" so you'll be able to see the opportunities independently. Continuous improvement by all of us, every single day, is the mission. Let's end 2022 with some gains. Enjoy the New Year's weekend, but don't have too much champagne... 2023 is going to be a year and a market like none other. Keep Moving, {EMAIL} &encoded_email=&redir=https 2F%2Fsecure.rogueinvesting.com 2Flzy 3Fstep%3Doc_sms_ [$1,000 A Week on ONE Stock?]( ) For the average American, that’s an extra salary…and that’s exactly what Corey Snyder is guaranteeing when you put his proprietary Dragnet system to work — but only if you seize this opportunity before Jan. 2 [Click here for the full details before this offer is gone for good.]( ) WORD ON THE STREET The Hedgies Have Failed Us All - Brother, Can You Spare $1.7 Trillion? - President Joe Biden signed the 4,000 page, $1.7 trillion omnibus bill after obliging staff flew it out to the Virgin Islands, where POTUS is on vacation. Somehow, I don't think the Commander-in-Chief read the whole thing. The massive spending bill doesn't just fund programs here at home, but provides billions in weaponry, training, and aid for Ukraine. - Worst Returns In 14 Years - Investment data firm Prequin found that hedge funds posted a decline of 6.5% in 2022. That's just half as bad as it was in 2008, when it was 13%. Nontheless, given that 2008 was the climax of a financial crisis some would argue America never recovered from, it's an ominous sign as America heads into a year that many are predicting will bring a recession. Inflation wreaked havoc on many hedge funds' trading models, but macro funds outperformed equity-hedged and event-driven strategies - Kick 'Em When They're Down - Two things are certain in life, death and taxes. We've already got COVID-19 beginning another run, so it makes sense new taxes are on the way too. The "Inflation Reduction Act" might be more accurately called the "Tax Increase Act," with new taxes on oil, natural gas, and coal potentially increasing energy costs. However, the president is under pressure from progressives to hit energy companies, as many reported windfall profits in 2022 due to the Russian invasion of Ukraine and resulting supply disruptions. - Southwest Airlines Tells Us The Obvious - It's fair to say that Southwest Airlines (LUV) is not the most popular company right now. However, even investors hoping to buy shares while they are cheap may find themselves disappointed when earnings reports roll around. Chief Commercial Officer Ryan Green said there "will certainly be an impact to the fourth quarter." CEO Bob Jordan said that the company's "all hands on deck" response should solve some of the service disruptions, but warned that he was "cautious" as well as confident. Since the dawn of Rogue Investing Daily, Mr. X has been keeping his readers one step ahead… Forecasting picks with returns of 390% in under a year... 442% in less than a month... and 1,154% in 16 months... and urging subscribers to hold back from any new crypto investments right before the crypto bear market. [Stay ahead of market shifts and save 70% today.]( ) HOT SPOTS: What's Going on in Geopolitics - Russia Slams Kyiv To End 2022 - Intelligence estimates keep telling us that the Russians are going to run out of missiles any day now, but Moscow doesn't seem to have gotten the message. About 85 missile strikes, 35 air strikes, and dozens of rocket strikes hit areas around Ukraine, with air raid sirens driving residents of the Ukrainian capital to their shelters. Fierce fighting continued around Bakhmut, as Russian troops claimed to make minor gains. However, the city - or what's left of it - remains in Ukrainian control. - Ukraine Pledges Partnership With BlackRock – Ukrainian President Volodymyr Zelenskyy had a virtual meeting with BlackRock CEO Larry Fink about how the country will rebuild once the war is over. "I have spoken with the head of the world's largest investment fund, BlackRock, and have been assured yet again that businesses from the developed world are ready to invest in our recovery," said Zelenskyy. "Company specialists are already helping Ukraine structure the Recovery Fund." - China Tests American Naval Defenses Near Guam - The Chinese navy offered a bold challenge to the American navy by sailing near the American territory of Guam. The state-aligned Global Times said the move "showed that the Chinese carrier is ready to defend the country against potential US attacks launched from there, including military interference attempts over the Taiwan question." CUTTING EDGE: What[']( )s Happening In Tech - Musk's Screwing Around With Twitter Again - Twitter users reported outages and strange error messages as the platform continued to experiment with new features to satisfy owner Elon Musk. Errors included displays of blank pages or users being signed out. However, Musk himself assured users that the "significant backend server architecture changes" would ultimately lead to a faster website. - Amazon Lost Half Its Value In 2022 – It's been a bad year for tech stocks and few are exempt. Amazon (AMZN) certainly wasn't. The stock was down about 50% in 2022 heading into today... and that's still better off than other companies. TSLA lost almost 70% of its value, and Meta Platforms, the former Facebook, is down by almost as much. - Experts Say Chinese COVID Wave Presents Low Risk - Ok, maybe we're all a little skeptical of "experts" after the last few years. Still, for what it's worth, Dr. Chris Murray of the Institute for Health Metrics and Evaluation said that though COVID-19 is spreading fast in China, it's unlikely that there's actually a new variant of the disease. However, he echoed the concerns made by many healthcare and political leaders that China is not being upfront enough about the extent of the problem, saying that "we need more transparency about what's happening in China." Much of China is now being hit by COVID-19 on a large scale for the first time FOR YOUR CONSIDERATION "Tread carefully on this last trading day of 2022." Sometimes corporate leaders pick a fight they may not be able to win. That could be what Elon Musk is doing with Twitter... and it's having major blowback on Tesla. Still, there's an even worse possibility. Sometimes a company has a flawed business model - and politicians see an opportunity to use it as a scapegoat for the country's problems. That's the situation developing with Southwest Airlines (LUV) - which is now in the crosshairs of the Transportation Department. Mr. X has your last political briefing of 2022 - and reminds you that Washington is always a wild card when it comes to trading. [THE SYSTEM PICKS THE WINNERS]( ) Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing]( ). Copyright © 2022 Rogue Investing. All Rights Reserved. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Rogue Investing.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. 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