February 11, 2019

Global Market Comments
February 11, 2019
Fiat Lux

Featured Trade:
(THE MARKET FOR THE WEEK AHEAD, or DON’T STAND NEXT TO THE DUMMY),
(AAPL), (MSFT), (TSLA), (VIX), (TLT), (TBT), (FXI)

Quote of the Day - February 11, 2019

In the words of United States Army General, Creighton Abrams, "When eating an elephant, take one bite at a time."

elephant-on-a-plate

February 8, 2019

Global Market Comments
February 8, 2019
Fiat Lux

Featured Trade:

(FEBRUARY 6 BIWEEKLY STRATEGY WEBINAR Q&A),
(TLT), (FXA), (NVDA), (SPY), (IEUR),
 (VIX), (UUP), (FXE), (AMD), (MU), (SOYB)

February 8, 2019 - Quote of the Day

“The bulls have the run of the table here on oil,” said John Kilduff from Again Capital Partners.

Craps Table

February 7, 2019

Global Market Comments
February 7, 2019
Fiat Lux

Featured Trade:
(WHAT TO BUY AT MARKET TOPS?),
(CAT), ($COPPER), (FCX), (BHP), (RIO),

(EUROPEAN STYLE HOMELAND SECURITY),
(TESTIMONIAL)

European Style Homeland Security

I have just seen the movie “Dunkirk” for the second time, a film that is close to me because I knew several of the participants. A boat that made the crossing memorialized with a bronze plaque moored in the canal in front of my West London mansion for several years.

I also recall a lunch I had with British comedian John Cleese many years ago (he is my height) soliciting investment in my hedge fund. He kept his money but I recall with great humor his version of homeland security.

The English are feeling the pinch in relation to recent geopolitical events, and have therefore raised their security level from "Miffed" to "Peeved."

 Soon, though, security levels may be raised yet again to "Irritated" or even "A Bit Cross." The English have not been "A Bit Cross" since the blitz in 1940 when tea supplies nearly ran out.

Terrorists have been re-categorized from "Tiresome" to "A Bloody Nuisance." The last time the British issued a "Bloody Nuisance" warning level was in 1588 when threatened by the Spanish Armada.

The Scots have raised their threat level from "Pissed Off" to "Let's get the
Bastards." They don't have any other levels. This is the reason they have been used on the front line of the British army for the last 300 years.

The French government announced yesterday that it has raised its terror alert
level from "Run" to "Hide." The only two higher levels in France are "Collaborate" and "Surrender." The rise was precipitated by a recent fire that destroyed France 's white flag factory effectively paralyzing the country's military capability.

Italy has increased the alert level from "Shout Loudly and Excitedly" to
"Elaborate Military Posturing." Two more levels remain: "Ineffective Combat Operations" and "Change Sides."

The Germans have increased their alert state from "Disdainful Arrogance" to
"Dress in Uniform and Sing Marching Songs." They also have two higher levels: "Invade a Neighbor" and "Lose."

Belgians, on the other hand, are all on holiday as usual; the only threat they
are worried about is NATO pulling out of Brussels.

The Spanish are all excited to see their new submarines ready to deploy. These beautifully designed subs have glass bottoms so the new Spanish navy can get a really good look at the old Spanish navy.

Australia, meanwhile, has raised its security level from "No worries" to "She'll be alright, Mate." Two more escalation levels remain: "Crikey! I think we'll need to cancel the barbie this weekend!" and "The barbie is canceled." So far, no situation has ever warranted use of the final escalation level.

-- John Cleese - British writer, actor and tall person.

 

Testimonial

Hey John and the MAD Team, here's a late Happy New Years!
 
You really nailed and keep nailing great reversals and trends that are just beginning to deserve a watchful eye.

I'm still a bit stuck on futures, but I realize the safety in your spreads is a lot smarter...Thx for all you know and for all you do.

Rod
Alberta, Canada

 

February 6, 2019

Global Market Comments
February 6, 2019
Fiat Lux

Featured Trade:

(MY 20 RULES FOR TRADING IN 2019)

Quote of the Day - January 6, 2019

"Bonds are priced artificially because you've got some guy buying tens of billions of dollars worth a month. That will change at some point, and when it does, people are going to lose a lot of money," said Oracle of Omaha, Warren Buffett.

February 5, 2019

Global Market Comments
February 5, 2019
Fiat Lux

Featured Trade:

(A NOTE ON OPTIONS CALLED AWAY)
(TLT), (AAPL),
(THE GOVERNMENT’S COMING WAR ON MONEY)