When a Marine combat pilot returns from a mission, he gets debriefed by an intelligence officer to glean whatever information can be obtained and lessons learned. I know. I used to be one. Big hedge funds do the same. I know, I used to run one. Even the best managers will follow home runs with
Dear John Thomas, I want to thank you for getting me and my portfolio through this stressful year. Through the use of breathing techniques and devotion to reading your new letters, I managed to have a monster year. I am up 338% YTD. I look forward to trading alongside you in the years ahead and
Global Market Comments January 11, 2021 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or A WEEK FOR THE HISTORY BOOKS), ($INDU), (TSLA), (TBT), (TLT), (JPM), (WFC)
A man came at me with a crowbar last week. I drove into Reno to buy some used backpacks for my Boy Scout troop and parked my Tesla in a nice residential neighborhood. Out of nowhere, a man ran down the street at me screaming profanities, crowbar in hand. He shouted that I was from
“Getting rid of your great companies and adding to you bad companies is like cutting the flowers and watering the weeds,” said my former client and mentor, Magellan Fund’s Peter Lynch.
Global Market Comments January 8, 2021 Fiat Lux Featured Trade: (JANUARY 6 BIWEEKLY STRATEGY WEBINAR Q&A), (TSLA), (SQM), (GLD), (SLV), (GOLD), (WPM), (TLT), (FCX), (IBB), (XOM), (UPS), (FDX), (ZM), (DOCU), (VZ), (T), (RTX), (UT), (NOC), (FXE), (FXY), (FXA), (UUP)
Below please find subscribers’ Q&A for the January 6 Mad Hedge Fund Trader Global Strategy Webinar broadcast from Incline Village, NV. Q: Any thoughts on lithium now that Tesla (TSLA) is doing so well? A: Lithium stocks like Sociedad Qimica Y Minera (SQM) have been hot because of their Tesla connection. The added value in lithium mining is
“If you can’t convince an 8-year-old why you own this thing, you probably shouldn’t own it” said legendary value stock manager Peter Lynch.
Global Market Comments January 7, 2021 Fiat Lux Featured Trade: (HOW TO HANDLE THE FRIDAY, JANUARY 15 OPTIONS EXPIRATION), (TSLA), (TLT), (WPM), (GOLD)
Followers of the Mad Hedge Fund Trader Alert Service have the good fortune to own TEN deep in-the-money options positions, all of which are profitable. Six of these expire in six trading days on Friday, January 15, and I just want to explain to the newbies how to best maximize their profits. These involve the
Global Market Comments January 6, 2021 Fiat Lux 2021 Annual Asset Class Review A Global Vision FOR PAID SUBSCRIBERS ONLY Featured Trades: (SPX), (QQQ), (XLF), (XLE), (XLY), (TLT), (TBT), (JNK), (PHB), (HYG), (PCY), (MUB), (HCP) (FXE), (EUO), (FXC), (FXA), (YCS), (FXY), (CYB) (BHP), (FCX), (VALE), (AMLP), (USO), (UNG), (GLD), (GDX), (SLV), (ITB), (LEN), (KBH), (PHM)
I am once again writing this report from a first-class sleeping cabin on Amtrak’s legendary California Zephyr. By day, I have two comfortable seats facing each other next to a panoramic window. At night, they fold into two bunk beds, a single and a double. There is a shower, but only Houdini could navigate it.
Global Market Comments January 5, 2021 Fiat Lux Featured Trade: (NOTICE TO MILITARY SUBSCRIBERS), (CHINA’S COMING DEMOGRAPHIC NIGHTMARE)
Global Market Comments January 4, 2021 Fiat Lux Featured Trade: (REPORT FROM THE FROZEN WASTELANDS OF THE WEST)
I am writing this from a High Sierra peak at 12,000 feet in the dead of winter. It is 15 degrees and the wind is gusting to 70 miles an hour, turning my backpack into a sail and practically blowing me off the mountain. Over the side, the next stop is 1,000 feet below. I
Global Market Comments December 31, 2020 Fiat Lux Featured Trade: (MY OLD PAL, LEONARDO FIBONACCI), (TESTIMONIAL)
Global Market Comments December 30, 2020 Fiat Lux Featured Trade: (WILL SYNBIO SAVE OR DESTROY THE WORLD?), (XLV), (XPH), (XBI), (IMB), (GOOG), (AAPL), (CSCO), (BIIB)
Global Market Comments December 29, 2020 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
“Amazon isn’t happening to the book business. The future is happening to the book business,” said Amazon founder Jeff Bezos.