Students hoping to become bankers shouldn’t study finance, they should dive into programming. This is the big takeaway from how investment banks are run these days. Gone are the moments when finance degrees were the hottest commodity, now it is all about generative AI. Artificial intelligence (AI) could replace the equivalent of 300 million full-time
(INVESTORS INTERPRETATION OF DATA MOVES THE MARKET – OPPORTUNITIES ARE SETTING UP) April 17, 2024 Hello everyone, The stock market correction. What’s it all about? Lingering inflation concerns. We know it will be higher for longer. Fed will react to economic data eventually. Rising Treasury yields. Turmoil in the Middle East. Healthy correction
Global Market Comments April 17, 2024 Fiat Lux Featured Trade: (THE LAZY MAN’S GUIDE TO TRADING), (ROM), (UXI), (BIB), (UYG), (THE NEXT THING FOR THE FED TO BUY IS GOLD) (GLD), (GOLD), (GDX), (NEM)
Mad Hedge Biotech and Healthcare Letter April 16, 2024 Fiat Lux Featured Trade: (IS THIS BIOTECH BULL RUN OUT OF STEAM?) (VRTX), (CRSP)
Vertex Pharmaceuticals (VRTX) has been crushing it. They're a powerhouse in the healthcare game, no doubt. But with that stock price shooting for the moon and a $100 billion valuation, it's got me asking: Is this ride getting a little too rich for our blood? Is it time to cash out and look for greener
When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline.
Global Market Comments April 16, 2024 Fiat Lux Featured Trade: (MAY 3, 2024 QUITO, ECUADOR STRATEGY LUNCHEON) (BIDDING FOR THE STARS) (SPX), (INDU) (TESTIMONIAL)
Risk assets everywhere are now facing a good news glut. My 2024 market top target of 6,000 for the Dow S&P 500 is rushing ever forward with reckless abandon. Today’s price action really gives you the feeling that we have just seen a short-term blow-off market top. The stock market is turning into the Bitcoin
In my wealth management practice, you helped me finesse last October like a virtuoso. As my client’s investments were crashing through their stops…I hung on. Your sage counsel helped me ignore the noise, focus on the numbers and add to positions at a great entry point. The scar tissue you’ve built up over your career
“You can become rich by having more than you need, or by needing less than you have,” said a wise friend.