Everyone is stunned over how little oil has gone up in the wake of the Israeli air attacks on Gaza that killed the military leader of Hamas. The move was in retaliation for Hamas missile attacks on Israel. Israel has said the attacks will continue for another week. This comes on the heels of Israel’s [...]

Global Market Comments November 14, 2012 Fiat Lux Featured Trades: (MY TAKE ON THE 2012 ELECTION)

Demographics were the big winner of the 2012 election. Those who understood the electoral consequences of this came up smelling like roses. Those who didn’t, now emit the pungent odor of rotten eggs. The implications for all of us are huge. The bottom line is that the United States is well on its way towards [...]

Global Market Comments November 13, 2012 Fiat Lux Featured Trades: (ROMNEY SHOCK SENDS MARKETS SPILLING),  (SPY), (VIX), (GLD), (FXY), (GOOG), (DIS), (ACI), (BTU), (WHAT’S GOING ON WITH APPLE?), (AAPL) S&P 500 SPDRs Volatility Index Randgold Resources Ltd. Currency Shares Japanese Yen Trust Google, Inc. Walt Disney Co. Arch Coal, Inc. Peabody Energy Corp.

“Buy the rumor, sell the news.” That seems to be the recurring theme of 2012.  Buy the QE3 whispers and then sell the momentous Federal Reserve announcement. Buy the campaign rhetoric and then sell the landslide victory. This delivered us an Election Day rally of 150 points in the Dow and then the 450 point [...]

Global Market Comments November 12, 2012 Fiat Lux Featured Trades: (DON’T MISS THE NOVEMBER 14 STRATEGY WEBINAR), (A TRIBUTE TO A TRUE VETERAN),  (WHERE THE ECONOMIST “BIG MAC INDEX” FINDS CURRENCY)

My next global strategy webinar will be held on Wednesday, November 14 at 12:00 noon EST. I’ll be giving you my updated outlook on stocks, bonds, commodities, currencies, precious metal, and real estate. The goal is to find the cheapest assets in the world to buy, the most expensive to sell short, and the appropriate [...]

Yesterday was Veterans Day, and I’ll be putting on my faded Marine Corp fatigues and railroad track bars and leading the home town’s Veteran’s Day parade.  So I thought it would be a good day to tell you the story of my Uncle Mitch. Since job prospects for high school graduates in rural Pennsylvania in [...]