Archive | Newsletter RSS feed for this section

November 19, 2013

Global Market Comments November 19, 2013 Fiat Lux Featured Trade: (CHINESE REFORMS AND THE US STOCK MARKET), (FXI), (CHL), (CYB), (RUBBING SHOULDERS WITH THE “1%” AT INCLINE VILLAGE) iShares China Large-Cap (FXI) China Mobile Limited (CHL) WisdomTree Chinese Yuan (CYB)

Read full story Comments are closed

Rubbing Shoulders with “The 1%” at Incline Village

If you really want to get a read on how “the 1%” are faring these days, take a ski vacation to the tony hamlet of Incline Village on the pristine shores of Nevada’s Lake Tahoe. Each morning, I trekked to Starbucks, one of the few local sources for the Wall Street Journal and the New […]

Read full story Comments are closed

November 18, 2013

Global Market Comments November 18, 2013 Fiat Lux Featured Trade: (NOVEMBER 20 GLOBAL STRATEGY WEBINAR), (MAD HEDGE FUND TRADER MELTS UP TO 56% 2013 PERFORMANCE), (SPY), (IWM), (FXA), (TLT), (AAPL), (XLI), (C), (THE YEN IS DEAD MEAT), (FXY), (YCS), (DXJ), (TM), (SELLING BONDS AGAIN), (TLT), (TBT) SPDR S&P 500 (SPY) iShares Russell 2000 (IWM) CurrencyShares […]

Read full story Comments are closed

Don’t Miss the November 20 Global Strategy Webinar

My next global strategy webinar will be held on Wednesday, November 20 at 12:00 noon EST. Login in early to get a space. The traffic is building quickly. 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 […]

Read full story Comments are closed

The Yen is Dead Meat

Last week, I begged you, pleaded with you, and even pounded the table to get you to increase your shorts in the Japanese yen (FXY), (YCS), and longs in the Japanese stock market (DXJ). I was certain that Japan’s beleaguered currency was about to break out of its tedious six month trading range and plumb […]

Read full story Comments are closed

Selling Bonds Again

You all know well my antipathy to the bond market, which I believe hit a 60-year peak on August 18, 2012 at 10:32 AM EST. I managed to catch the exact top of the one-month post taper bond market rally, and sent the Trade Alerts to sell bonds showering upon you. I quickly closed all […]

Read full story Comments are closed

Mad Hedge Fund Trader 2013 Performance Tops 51%

The Trade Alert service of the Mad Hedge Fund Trader has posted yet another new all time high in performance, taking in 51.13%. The November month to date record is now an enviable 6.67%. The three-year return is an eye popping 106.18%, compared to a far more modest increase for the Dow Average during the […]

Read full story Comments are closed

November 15, 2013

Global Market Comments November 15, 2013 Fiat Lux Featured Trade: (WATCHING THE CASH ROLL IN), (SPY), (IWM), (FXE), (XLI), (C), (FXA), (AAPL), (HOPPING ON THE AUSSIE), (FXA), (EWA), (FCX), (LUNCH WITH ROBERT REICH) SPDR S&P 500 (SPY) iShares Russell 2000 (IWM) CurrencyShares Euro Trust (FXE) Industrial Select Sector SPDR (XLI) Citigroup, Inc. (C) CurrencyShares Australian […]

Read full story Comments are closed

Watching the Cash Roll In

Today, many followers of the Mad Hedge Fund Trader’s Trade Alert service have up to eight November option spreads expiring at their maximum potential profit. My strategy of taking advantage of the short November expiration calendar and betting that the markets stay in narrow ranges turned out to be wildly successful. At this stage I […]

Read full story Comments are closed

Hopping on the Aussie

We have a fantastic double bottom developing here on the charts for the Australian dollar (FXA). I think that RISK ON will be the order of the day for the next six months, and the currency of the Land Down Under should prosper mightily. This is a play on the modest recovery of the Chinese […]

Read full story Comments are closed

Lunch with Robert Reich

The other day had me sharing a cold, congealed chicken salad for lunch with Bill Clinton’s Secretary of Labor, Robert Reich, at San Francisco’s posh Fairmont Hotel. We covered a wide range of market impacting topics, which I have summarized below. A Rhodes Scholar who dated Hillary Clinton at Yale, unsuccessfully ran for governor of Massachusetts […]

Read full story Comments are closed

November 14, 2013

Global Market Comments November 14, 2013 Fiat Lux Featured Trade: (LOADING UP ON THE FINANCIALS), (C), (BAC), (JPM), (MS), (XLF) (THE BULL MARKET IN AMERICAN COLLEGE DEGREES) Citigroup, Inc. (C) Bank of America Corporation (BAC) JPMorgan Chase & Co. (JPM) Morgan Stanley (MS) Financial Select Sector SPDR (XLF)

Read full story Comments are closed

Loading Up On the Financials

After ignoring the financial sector for most of the year, I am more than happy to jump into it here. The sector has been a serious laggard for the past three months, trailing the front-runners I picked in technology, industrials, health care, and consumer cyclicals. After chasing these favorites, traders are now looking for new […]

Read full story Comments are closed

The Bull Market in American College Degrees

I spent a weekend attending a graduation in Washington State, a stone’s throw from where the 2010 Vancouver Winter Olympics were held. While sitting through the tedious reading of 550 names, I was struck by how many seemed to come from abroad. As I listened to the wailing ceremonial bagpipes, I did several calculations on […]

Read full story Comments are closed

November 13, 2013

Global Market Comments November 13, 2013 Fiat Lux Featured Trade: (DOUBLING UP ON MY YEN SHORTS), (FXY), (YCS), (DXJ), (UUP), (SAN FRANCISCO’S SUFFERING RENTERS TAKE ANOTHER HIT), (WHERE THE ECONOMIST “BIG MAC” INDEX FINDS CURRENCY VALUE), (MCD), (FXE), (YCS), (FXF), (CYB) (TESTIMONIAL) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) WisdomTree Japan Hedged Equity […]

Read full story Comments are closed