Global Market Comments January 31, 2013 Fiat Lux Featured Trade: (WHERE’S THE CRASH?) (TAKING FORD OUT FOR A SPIN), (F), (CHENIERE ENERGY GETS THE GREEN LIGHT), (LNG), (UNG), (THE TECHNOLOGY NIGHTMARE COMING TO YOUR CITY)

That was the questions traders were scratching their heads and asking this morning in the wake of this morning’s shocking Q4, 2012 GDP figure. While most analysis were expecting the government to report a more robust 1%-2% number we got negative -0.1%, the worst since 2009. With growth flipping from a positive 3.1% figure in [...]

I have been trying to buy this stock for a month. Not because I like their pedestrian cars (except the new, muscular, retro Mustang), but because it is one of the great turnaround stories in business history. Today’s earnings announcement gives us that window. It delivered over $3 billion in profits during Q4, 2012. But [...]

I have been pounding the table on the attractions of Cheniere Energy (LNG) since last spring. Yesterday, the stock hit a new all time high of $21.50. There is never any guarantee that a government agency will not do something idiotic. Last year it didn’t, thankfully. The Federal Energy Regulatory Commission (FERC) granted the final [...]

I tell people at my strategy luncheons that living in the San Francisco Bay area is like living in the future. There is an explosion of high tech innovation going on here, and we locals often find ourselves the guinea pigs for the latest hot products. However, sometimes the future is not such a great [...]

Global Market Comments January 30, 2013 Fiat Lux SPECIAL HIGH YIELD FOREIGN STOCK ISSUE Featured Trade: (TRADE ALERT SERVICE POSTS FIVE CONSECUTIVE ALL TIME HIGHS). (SPY), (IWM), (FCX), (AIG), (TLT), (FXY), (YCS), (REACH FOR YIELD WITH HIGH DIVIDEND FOREIGN STOCKS), (FTE), (SAN), (BCE), (ECH), (VE), (AWC)

The Trade Alert Service of the Mad Hedge Fund Trader posted a new all time high today, pushing its two-year return up to 72.67%. The Dow average booked a miniscule 13% gain during the same time period. The industry beating record was achieved on the back of a spectacular January, which so far had earned [...]

Global Market Comments January 29, 2013 Fiat Lux Featured Trade: (BONDS ARE BREAK DOWN ALL OVER), (TLT), (TBT), (MUB), (LQD), (HCN), (JNK), (AMJ), (REPORT FROM THE INAUGURATION)

It looks like the Great Bond Reallocation of 2013 is real. The Treasury bond market is getting absolutely hammered this morning, the ten-year yield breaching 2.00%. That smashes the 1.40%-1.90% band, which has imprisoned the bond market for the past year. The immediate trigger was the release of absolute blowout December durable goods figures this [...]

I am writing this report from the steps of the Capital Building in Washington DC, scratching my notes on the back of a commemorative program with a golf pencil, absolutely freezing my buns off. I am wearing all the warm clothes I own, including my Marine Corps olive winter weight double knit wool officer’s trousers. [...]