(THE GLOBAL FINANCIAL SYSTEM COULD BE REVOLUTIONIZED WITHIN THE NEXT DECADE) January 3, 2025 Hello everyone, In the NYSE, investors make upwards of 1 billion trades per day. Many of those trades appear to happen in milliseconds, except when you investigate further, that’s not the reality. Trades on Wall Street take days to settle,
Global Market Comments January 3, 2025 Fiat Lux Featured Trade: (A COW-BASED ECONOMICS LESSON)
SOCIALISM You have 2 cows. You give one to your neighbor. COMMUNISM You have 2 cows. The State takes both and gives you some watered-down milk. FASCISM You have 2 cows. The State takes both and sells you some milk at an inflated price. NAZISM You have 2 cows. The State takes both and sends
Mad Hedge Biotech and Healthcare Letter January 2, 2025 Fiat Lux Featured Trade: (YOUR NEXT MIRACLE DRUG WAS WRITTEN IN PYTHON) (IQV), (EXAI), (CRL), (ICLR), (PRXL)
I had an interesting conversation with my daughter last week during one of her rare appearances from her computer science lab. She was telling me about her latest project - using artificial intelligence to predict protein folding, something that used to take months and now happens in hours. "Dad," she said, looking up from a
Global Market Comments January 2, 2025 Fiat Lux Featured Trade: (NEW VIDEO UPDATE ON EXECUTING A VERTICAL BULL CALL DEBT SPREAD), (AAPL), (GS)
Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Luncheon, which I will be conducting in Sarasota, Florida on Thursday, January 16, 2025. The cost of the luncheon will be $277. An excellent meal will be followed by a wide-ranging discussion and an extended question and answer period. I’ll be
“Semiconductors are the new industrials,” said Josh Brown of Ritholtz Wealth Management.
Mad Hedge Biotech and Healthcare Letter December 31, 2024 Fiat Lux Featured Trade: (SOMETIMES WALL STREET GETS IT WRONG) (BMY), (AAPL), (MRK)
Sitting in my stateroom aboard the Coral Princess, about 200 miles off Mexico's west coast, I found myself chuckling at the market's reaction to Bristol-Myers Squibb’s (BMY) latest developments. Sometimes Wall Street reminds me of my old physics professor - brilliant but occasionally missing the forest for the quantum trees. Here's what caught my attention: