October 23, 2024
Global Market Comments October 23, 2024 Fiat Lux Featured Trade: (THE CODER BOOM), (THERE ARE NO GURUS)
Entries by april@madhedgefundtrader.com
Tick Talk
While waiting two hours to vote at the Incline Village Library this weekend, I counted the number of smartwatches in the line. Seemed like everyone was checking their heart rates in the cold. One woman's Apple Watch even suggested she sit down after standing too long in the 40-degree weather. That got me thinking about
October 21, 2024
Mad Hedge Technology Letter October 21, 2024 Fiat Lux Featured Trade: (BITCOIN PRICE ACTION IS GOOD FOR TECH STOCKS) ($COMPQ), (BTCUSD)
Bitcoin Price Action Is Good For Stocks
When I see Bitcoin coming back from the doldrums, it highly suggests to me that there is a great deal of liquidity sloshing around in the markets. Bitcoin doesn’t pay your mortgage or buy food at the grocery. Fiat currencies do. Therefore, users still need to convert their crypto holdings into whatever it may be,
October 21, 2024
(COMPANY EARNINGS WILL BE CENTRE STAGE THIS WEEK) October 21, 2024 Hello everyone WEEK AHEAD CALENDAR Monday, Oct. 21 9:00 a.m. US Fed Speeches 10:00 a.m. Leading Indicators (September) Tuesday, Oct 22 10:00 am Euro Area ECB Speech 10:00 a.m. Philadelphia Reserve Bank President Harker speaks in Ten Independence Mall, Philadelphia
October 21, 2024
Global Market Comments October 21, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or COMPLACENSE IS RUNNING RAMPANT) (JPM), (TSLA), (AMZN), (FXA), (FXE), (FXB), (FXY), (NEM), (DHI), (NFLX), (AAPL), (GLD), (AGQ), (SLV), (AAPL), (NVDA), (MS), (CCJ). (VST), (AVGO), (ASML), (MU), (LRCX), (DHI), (PHM), (LEN), (CCJ), (VST), (CEG), (BWXT), (OKLO)
The Market Outlook for the Week Ahead, or Complacence is Running Rampant
We are now nearly three months into an almost straight-up move in the stock market, and money managers everywhere are scratching their heads. We are now only 136 points or 2.32% from my yearend (SPX) target of 6,000, which is starting to look pretty conservative. The price-earnings multiple for the S&P 500 is now 21X,
October 18, 2024
Mad Hedge Technology Letter October 18, 2024 Fiat Lux Featured Trade: (AMD GAINING MARKET SHARE) (AMD), (NVDA)
AMD Gaining Market Share
If you thought that AI chips had reached the high water mark, then you are entirely wrong. Nvidia has been one of the only games in town, and that is a strong sign of a first-mover advantage. In fact, the ecosystem could benefit if several chip companies could rise to the occasion to infuse that
October 18, 2024 - Quote of the Day
“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.” – Said American Investor Warren Buffett