May 2, 2022
Global Market Comments May 2, 2022 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE MARKETS CONTINUE THEIR HEADLONG RUSH TO “CHEAP”) (SPY), (TLT), (TBT), (CCJ), (FCX), (GOLD), (VIX), (BRKB)
Entries by Douglas Davenport
The Market Outlook for the Week Ahead or The Markets Continue Their Headlong Rush to Cheap
As I expected, the markets have continued their march to “cheap”, with the price-earnings multiple plunging in a week from 19X to 17X. This has occurred both through rising earnings and falling share prices. “Cheap,” is now within range, a mere 10% drop in the (SPX) to $3,800 only 10% away, taking us to a
Looking at the Large Numbers
A friend of mine asked me what the Global Money supply was. I just so happen to know that number. It is $100 trillion. That includes the world's total M2 money supply, all the physical cash in circulation plus deposits, promissory notes, and other liquid money instruments. Writing for The Economist magazine in London for
April 29, 2022
Global Market Comments April 29, 2022 Fiat Lux Featured Trade: (LOOKING AT THE LARGE NUMBERS) (TLT), (TBT) (BITCOIN), (MSTR), (BLOK), (HUT)
April 28, 2022
Mad Hedge Bitcoin Letter April 28, 2022 Fiat Lux Featured Trade: (AFRICA ADOPTS) (BTC)
Africa Adopts
The Central African Republic has adopted bitcoin as legal tender which makes it the second country to absorb it as the official state currency after Central American country El Salvador. Lawmakers unanimously adopted a bill that made bitcoin legal tender alongside the CFA franc and legalized the use of cryptocurrencies. This makes The CAR the
Quote of the Day - April 28, 2022
"Brains are the new tonsils. Thanks to the Internet, you don't have to know anything anymore," said comedian Paul Riser.
April 28, 2022
Global Market Comments April 28, 2022 Fiat Lux Featured Trade: (WHY SPAC’S ARE A SCAM) (PSTH), (SPAK), (NKLA)
Trade Alert - (BABA) April 26, 2022 - SELL - TAKE PROFITS
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.
SOLD OUT - Join Me on Cunard’s Queen Victoria for My July 9, 2022 Seminar at Sea
With Covid cases down 70% in two weeks and headed much lower, it's time for me to re-introduce you to the Mad Hedge Seminar at Sea. I firmly believe that the pandemic will be over by the summer, and what better way to celebrate than with an elegant Norwegian Fjord cruise. Come join me on