Sometimes market moves call for options, and I’ve used a lot of them recently. Can options be profitable? The proof is in the pudding as my strategies have paid off handsomely. However, I do get a lot of questions about option strategies and how best to place trades. In an effort to help my readers [...]

Global Market Comments November 6, 2012 Fiat Lux Featured Trades: (FAREWARE TO THE 2012 ELECTION), (AAPL), (GOOG), (SPY), (IWM), (FXE), (FXY), (TRICK-OR-TREATING IN CALIFORNIA) Apple, Inc. Google, Inc. S&P 500 SPDR’s Russell 2000 iShares ETF Currency Shares Euro Trust ETF Currency Shares Japanese Yen Trust

One of the great joys of every October is my trick-or-treat duty on Halloween night. Time for an evening with a young leopard and a go-go girl from the eighties. This year, as kids ran across front lawns to their next victims, they stumbled across campaign posters for Obama, Romney, and a myriad of other [...]

Since this is such an important development for investors on the calendar, I thought I would repeat this piece from a few weeks ago. After all, we need every edge we can get! If I had a nickel for every time that I heard the term “Sell in May and go away” this year, I [...]

It was just a matter of time before the dreadful long-term fundamentals of the Japanese economy finally fed through to their currency. It appears that the much better-than-expected October US jobs data has at last done the deed. The logic of the foreign exchange market is quite simple. A stronger-than-expected US economy means that there [...]

The call came in from Treasury Secretary, Timothy Geithner’s office. He was inviting me to join a select group of hedge fund managers to suggest economic policy priorities for the second Obama administration. He was leaving the job in three months, and wanted to make sure I knew the key career staffers who would carry [...]