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An Evening With Bill Gates, Sr.

I had a chat with Bill Gates, Sr. recently, co-chairman of the Bill and Melinda Gates Foundation, the world’s largest private philanthropic organization. There, a staff of 800 helps him manage $30 billion. The foundation will give away $3.1 billion this year, a 10% increase over last year. Some $1.5 billion will go to emerging […]

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September 17, 2013

Global Market Comments September 17, 2013 Fiat Lux Featured Trade: (JOIN THE INVEST LIKE A MONSTER SAN FRANCISCO TRADING CONFERENCE), (IT’S ALL ABOUT LARRY), (SPY), (TLT), (FXY), (YCS), (FXA), (MSFT), (LUNCH WITH ROBERT REICH) SPDR S&P 500 (SPY) iShares Barclays 20+ Year Treas Bond (TLT) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) CurrencyShares […]

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Join the “Invest Like a Monster” San Francisco Trading Conference

I am pleased to announce that I will be participating in the Invest Like a Monster Trading Conference in San Francisco during October 25-26. The two-day event brings together experts from across the financial landscape who will improve your understanding of markets by a quantum leap and measurably boost your own personal trading performance. Tickets […]

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It’s All About Larry

When I first heard about Larry Summers decision to withdraw his name from consideration as the next Chairman of the Federal Reserve, I thought “Whoa! “RISK ON, here we come.” I knew immediately that global stock (SPY), bond (TLT), and commodity markets would rocket and the dollar would crash (FXA), except against the Japanese yen […]

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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, ran for governor of Massachusetts, and […]

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September 16, 2013

Global Market Comments September 16, 2013 Fiat Lux Featured Trade: (NOVEMBER 1 SAN FRANCISCO STRATEGY LUNCHEON), (CATCHING UP WITH ECONOMIST DAVID HALE), (EEM), (GREK), (IWW), (EWJ), (NGE), (EWJ), (FXY), (YCS) (TESTIMONIAL) iShares MSCI Emerging Markets (EEM) Global X FTSE Greece 20 ETF (GREK) iShares Russell 3000 Value Index (IWW) iShares MSCI Japan Index (EWJ) Global […]

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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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Catching up with Economist David Hale

I have been relying on David Hale as my de facto global macro economist for decades, and I never miss an opportunity to get his updated views. The challenge is in writing down David’s eye popping, out of consensus ideas fast enough, because he spits them out in such rapid-fire succession. Since David is an […]

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September 13, 2013

Global Market Comments September 13, 2013 Fiat Lux Featured Trade: (MAD HEDGE FUND TRADER HITS ANOTHER NEW ALL TIME HIGH), (FXY), (YCS), (FCX), (AAPL), (FXA), (LOADING UP ON AUSTRALIA), (FXA), (EWA), ($SSEC), ($BDI), (UPDATE ON FREEPORT MCMORAN) (FCX) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) Freeport-McMoRan Copper & Gold Inc. (FCX) Apple Inc. […]

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Loading Up on Australia

It looks like I’m Waltzing Matilda again. I am going to use the two-cent drop last night to scale into a long position in the Australian dollar. This is a dip in the (FXA) that gives up one quarter of the four-cent move off of the August 88 cent bottom. The decline was triggered by […]

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Update on Freeport McMoRan (FCX)

Those who bought my Trade Alert on the Freeport McMoRan (FCX) October $28-$30 bull call spread at $1.68 or best two days ago will be thrilled to see the charts below. They were prepared by my friends at Stockcharts.com, who offer a very reasonable subscription technical analysis product (click here for their site http://stockcharts.com ). […]

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September 12, 2013

Global Market Comments September 12, 2013 Fiat Lux Featured Trade: (BUY APPLE ON THE DIP), (AAPL), (CHL) (PICKING UP FREEPORT MCMORAN), (FCX), (CU), (ECH), ($SSEC) Apple Inc. (AAPL) China Mobile Limited (CHL) Freeport-McMoRan Copper & Gold Inc. (FCX) First Trust ISE Global Copper Index (CU) iShares MSCI Chile Capped (ECH) Shanghai Stock Exchange Composite Index […]

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Buy Apple on the Dip

Buy the rumor, sell the news. That was again the lesson of yesterday’s new product launch, where Apple (AAPL) rolled out their new premium 5s and low-end 5c iPhones. So many commentators heaped such abuse on the company in the run up to the release that today’s weakness was a sure thing. Failure to announce […]

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Picking Up Freeport McMoRan

It is clear from the improving economic data from China that the hard landing scenario is off the table. This is great news for the producers of everything that the Middle Kingdom buys in bulk, especially copper. If you like copper, you’ve got to love Freeport McMoRan, one of the world’s largest producers for the […]

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September 11, 2013

Global Market Comments September 11, 2013 Fiat Lux Featured Trade: (MY 2013 STOCK MARKET OUTLOOK), (SPY), (IWM), (AAPL), (TLT) SPDR S&P 500 (SPY) iShares Russell 2000 Index (IWM) Apple Inc. (AAPL) iShares Barclays 20+ Year Treas Bond (TLT)

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