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March 13, 2014

­Global Market Comments March 13, 2014 Fiat Lux Featured Trade: (WHY THIS CHART IS UTTERLY MEANINGLESS), (THE REAL ESTATE MARKET IN 2030) (TESTIMONIAL)

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Why This Chart is Utterly Meaningless

Much has been made of the rising level of margin debt held by individuals. Cumulative NYSE margin debt, or the amount of money lent to buy stocks on credit, is rapidly approaching $2.3 trillion, an all time high. Historically, when this figure peaked, and no more money was available for mom and pop to buy […]

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The Real Estate Market in 2030

Long time readers of this letter know too well that I have been hugely negative on the sector since late 2005, when I unloaded all of my holdings (click here for ‘The Hard Truth About Residential Real Estate’). However, I believe that ‘forever’ may be on the extreme side. Personally, I believe there will be […]

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March 12, 2014

Global Market Comments March 12, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON), (WHY COPPER IS CRASHING), (CU), (FCX), (BREAKFAST WITH FED GOVERNOR BOB MCTEER), Pulling the Ripcord on GM (BAC), (GS), (GM), (AIG) First Trust ISE Global Copper Index (CU) Freeport-McMoRan Copper & Gold Inc. (FCX) Bank of America Corporation […]

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Friday April 25 San Francisco Strategy Luncheon

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in San Francisco on Friday, April 25, 2014. An excellent meal will be followed by a wide-ranging discussion and an extended question and answer period. I’ll be giving you my up to date view on stocks, […]

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Why Copper is Crashing

When Dr. Copper (CU), the only commodity with a PhD in economics, suddenly collapses from a heart attack, risk takers everywhere have to sit up and take notice. Since the 2011 top, the red metal has collapsed a shocking 38%. It has given back 10% just in the last two weeks. Will copper take down […]

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Breakfast with Fed Governor Bob McTeer

No one can explain the most complex economic and monetary issues in a simpler, more homespun fashion than former governor of the Federal Reserve, Bob McTeer. He is known for carrying around two yardsticks, one slightly longer than the other, to demonstrate to your average guy the monthly changes in employment. Bob argues that the […]

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Pulling the Ripcord on GM

Ouch. To get snake bit twice in two days hurts. But three times? I thought that when the General Motors (GM) ignition recall was announced last week, it was a nice entry point on the long side. I was right for at least a whole day. This morning news hit that there would be a […]

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March 11, 2014

Global Market Comments March 11, 2014 Fiat Lux Featured Trade: (MAD HEDGE FUND TRADER KILLS IT WITH A 2014 12.6% RETURN), (TLT), (SPY), (BAC), (GM), (EBAY), (DAL), (GS), (XLV), (XLF), (GE), (MARCH 12 GLOBAL STRATEGY WEBINAR), (EUROPEAN STYLE HOMELAND SECURITY) iShares 20+ Year Treasury Bond (TLT) SPDR S&P 500 (SPY) Bank of America Corporation (BAC) […]

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Mad Hedge Fund Trader Kills it with a 12.6% 2014 Return

The industry beating performance of the Mad Hedge Fund Trader’s Trade Alert Service has maintained its gob smacking pace from last year, picking up another 12.6% profit in the first ten trading weeks of 2014. The Dow Average was up a feeble 1.4% during the same period, pegging my outperformance of the index at a […]

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Don’t Miss the March 12 Global Strategy Webinar

My next global strategy webinar will be held on Wednesday, March 12 at 12:00 PM EST. This time Mad Day Trader Jim Parker will be my willing coconspirator. 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 […]

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European Style Homeland Security

The English are feeling the pinch in relation to recent geopolitical events, and have therefore raised their security level from “Miffed” to “Peeved.” Soon, though, security levels may be raised yet again to “Irritated” or even “A Bit Cross.” The English have not been “A Bit Cross” since the blitz in 1940, when tea supplies […]

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March 10, 2014

Global Market Comments March 10, 2014 Fiat Lux Featured Trade: (THE MARKET LEADERSHIP CHANGE HAS BEGUN), (XLK), (XLV), (AAPL), (XLF), (BAC), (GS), (JPM), (GM), (F) (WATCH OUT! YOU PC IS WATCHING) Technology Select Sector SPDR® (XLK) Health Care Select Sector SPDR® (XLV) Apple Inc. (AAPL) Financial Select Sector SPDR® (XLF) Bank of America Corporation (BAC) […]

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The Market Leadership Change Has Begun

Owners of technology (XLK) and health care stocks (XLV) have certainly had a great year. Except for the round of profit taking that did a quick hit and run in January, these two groups have been moving from strength to strength, punching through to multiyear highs. That is, until last week. Starting with the Ukraine […]

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Be Careful! Your PC is Watching

Hey! You there, staring at this monitor. This is your PC talking to you. No, not you over there standing in the background. I’m talking to the guy sitting in front of me poking at my keys. Ouch! That one hurt! So you thought no one was watching, did you? Let me straighten you out. […]

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