Ever stumble upon a treasure chest you almost walked past? That's how I feel about Eli Lilly (LLY) these days. When I last weighed in on LLY earlier this year, I was hesitant, pretty much like a seasoned sailor eyeing stormy seas. The stock's valuations at the time were sky-high, especially when stacked against its
Global Market Comments September 24, 2024 Fiat Lux Featured Trade: (THE MAD HEDGE DECEMBER 6-8 SUMMIT REPLAYS ARE UP), (THE LONG VIEW ON EMERGING MARKETS), (TESTIMONIAL)
I managed to catch a few comments in the distinct northern English accent of Jim O'Neil, the fabled analyst who invented the “BRIC” term, and who was later kicked upstairs to the chairman's seat at Goldman Sachs International (GS) in London. Now that the US dollar is in free fall, Jim thinks that it is
"A central bank is best that governs least, but is prepared to govern radically when called upon," said 19th century man of letters, Walter Bagehot, the first editor of The Economist magazine in London.
Mad Hedge Technology Letter September 23, 2024 Fiat Lux Featured Trade: (BE CAUTIOUS ABOUT STOCKS TIED TO GIG WORK) (UBER)
I do believe companies heavily involved with gig workers will not experience a boon in the stock price in the near future. Consumers are tapped out and there is not much more pricing power they can pass on to manufacture higher profits in the short run. There is a chance the tide will rise with
“The best investment you can make is in yourself.” – Said Warren Buffett
(MORE DATA RELEASES THIS WEEK AS THE MARKET DIGESTS THE 50bps NUMBER) September 23, 2024 Hello everyone, WEEK AHEAD CALENDAR Monday, Sept. 23 8:30 a.m. Chicago Fed National Activity Index (August) 9:45 a.m. PMI Composite preliminary (September) 9:45 a.m. Markit PMI Manufacturing preliminary (September) 9:45 a.m. Markit PMI Services preliminary (September)
Global Market Comments September 23, 2024 Fiat Lux Featured Trade: Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or THE DOCTOR JEKYLL AND MR. HYDE MARKET), (NVDA), (MSFT), (GLD), (NEM), (TSLA). (CCJ), (DHI), (TLT)
I have to tell you that every year I do this, calling the market gets easier and easier. That’s because when you go from year 62 to 63 in the market, you actually learn quite a lot. What gets more frustrating every year is convincing people to execute my trades because they are increasingly out