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European Style Homeland Security

The English are feeling the pinch in relation to recent events in Libya, 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 […]

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October 17, 2013

Global Market Comments October 17, 2013 Fiat Lux Featured Trade: (DOGS OF THE DOW REVISTED) (XME), (XLB), (DBB), (JJG), (MOO), (DBA), (GLD), (SLV), (PLEASE USE MY FREE DATA BASE SEARCH) SPDR S&P Metals & Mining (XME) Materials Select Sector SPDR (XLB) PowerShares DB Base Metals (DBB) iPath DJ-UBS Grains TR Sub-Idx ETN (JJG) Market Vectors […]

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Dogs of the Dow Revisited

Sitting at my lakefront estate at Lake Tahoe’s Incline Village, I began to cogitate on what my trading portfolio for 2014 should look like. Then I thought, “Why wait?” Better to get the message out now than wait two and a half more months. The entry point for risk assets is better now than it […]

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Please Use My Free Data Base Search

The original purpose of this letter was to build a database of ideas to draw on in the management of my hedge fund. When a certain trade comes into play, I merely type in the symbol, name, currency, or commodity into the search box, and the entire fundamental argument in favor of that position pops […]

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October 16, 2013

Global Market Comments October 16, 2013 Fiat Lux Featured Trade: (ONSHORING TAKES ANOTHER GREAT LEAP FORWARD), (TSLA), (UMX), (EWW), (THE BULL MARKET IN MUSTANGS) Tesla Motors, Inc. (TSLA) ProShares Ultra MSCI Mexico Cppd IMI (UMX) iShares MSCI Mexico Capped (EWW)

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Onshoring Takes another Great Leap Forward

Have you tried to hire a sewing machine operator lately? I haven’t, but I have friends running major apparel companies who have (guess where I get all those tight fitting jeans?) Guess what? There aren’t any to be had. Since, 1990, some 77% of the American textiles workforce has been lost, when China joined the […]

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The Bull Market in Mustangs

Sitting here in the Silver State of Nevada, high in the Sierras, I feel obliged to comment on a bull market of a different sort. The Western US has found a new wrinkle in the housing collapse, where homeowners are desperately struggling to cut living costs to meet the next doubling of their adjustable rate […]

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October 15, 2013

Global Market Comments October 15, 2013 Fiat Lux Featured Trade: (YALE’S ROBERT SHILLER BAGS NOBEL ECONOMICS PRIZE), (THE TRUE COST OF OIL), (USO), (XOM) United States Oil (USO) Exxon Mobil Corporation (XOM)

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Yale’s Robert Shiller Bags Nobel Economic Prize

It isn’t often when a friend of mine wins a Nobel Prize. But that’s what happened this weekend when the Royal Swedish Academy of Sciences awarded the prestigious award to Yale University’s Robert Shiller. Shiller, along with Eugene Fama, and Lars Peter Hanson of the University of Chicago will share the $1.23 million cash award […]

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The True Cost of Oil

My annual electric bill here in sunny San Francisco comes to $4,800 a year. Since the California power authorities have set a goal of 33% alternative energy sources by 2020, PG&E (PGE) has the most aggressive green energy program in the country (click here for “The Solar Boom in California”. More expensive solar, wind, geothermal, […]

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October 14, 2013

Global Market Comments October 14, 2013 Fiat Lux Featured Trade: (NOVEMBER 1 SAN FRANCISCO STRATEGY LUNCHEON), (THE GOVERNMENT SHUTDOWN IS WORSE THAN YOU THINK), (A SAD FAREWELL TO HELEN THOMAS)

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November 1 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, November 1, 2013. 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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The Government Shutdown is Worse Than You Think

I am rapidly coming to the depressing conclusion that the government shutdown, now in its 15th day, is going to have a far greater impact on the economy than most economists realize. When the markets figure this out, the result for share prices could be dire, putting my entire yearend bull case at risk. My […]

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Sad Farewell to Helen Thomas

I was sad to hear of the passing of an old friend last summer, my former White House Press Corp colleague, Helen Thomas. Two weeks short of 93, Helen was the oldest and longest serving member of this esteemed group of journalists, and had the traditional right to ask the first question at each presidential […]

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October 11, 2013

Global Market Comments October 11, 2013 Fiat Lux Featured Trade: (JOIN THE INVEST LIKE A MONSTER SAN FRANCISCO TRADING CONFERENCE), (APPLE IS READY TO EXPLODE), (AAPL), (CHL) Apple Inc. (AAPL) China Mobile Limited (CHL)

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