When I joined Morgan Stanley some 35 years ago, one of the grizzled old veterans took me aside and gave me a piece of sage advice. “Never buy a Dow stock”, he said. “They are a guarantee of failure.” That was quite a bold statement, given that at the time the closely watched index of
"I only invest in beer-drinking countries, never wine-drinking countries," said Ben Horowitz, co-founder of venture capital firm Andreeson Horowitz.
Global Market Comments December 1, 2020 Fiat Lux FEATURED TRADE: (THE GOVERNMENT’S WAR ON MONEY) (TESTIMONIAL)
Global Market Comments November 30, 2020 Fiat Lux FEATURED TRADE: (MARKET OUTLOOK FOR THE WEEK AHEAD, or SANTA COMES EARLY), (SPY), (TLT), (TSLA), (JPM), (CAT), (BABA)
Everyone has been expecting a Santa Claus rally this year, but it looks like the jolly old man arrived early. The holiday-shortened month was the best for stocks in 37 years. If you owned Tesla, like we did, it was even better. Elon Musk’s miracle creation shot up an incredible 60% this month. At $600
Global Market Comments November 27, 2020 Fiat Lux FEATURED TRADE: (NOVEMBER 25 BIWEEKLY STRATEGY WEBINAR Q&A), (TSLA), (CRM), (CRSP), (CVS), (SQ), (CRSP), (LUV), (GLD). (SLV), (SPY), (TMO), (UUP), (TAN), (FXA), (FXE), (FXY), (FXB), (CYB)
Below please find subscribers’ Q&A for the November 25 Mad Hedge Fund Trader Global Strategy Webinar broadcast from Silicon Valley, CA with my guest and co-host Bill Davis. Q: Is gold (GLD) still a hold? A: Long term yes; short term no. Short term, cash is being drained out of gold in order to buy Bitcoin, just like
Global Market Comments November 25, 2020 Fiat Lux FEATURED TRADE: (THE MAD HEDGE TRADERS & INVESTORS SUMMIT DECEMBER 1-3), (TESTIMONIAL)
I’ve spent the last 50 years looking for the best traders & investors in the world. I wanted to learn from them and to hire them as well. Now you can meet some of the people I’ve found, the cream of the crop at the top of their games. You can learn more listening to
Global Market Comments November 24, 2020 Fiat Lux FEATURED TRADE: (WHY TECHNICAL ANALYSIS IS A DISASTER) (THE COOLEST TOMBSTONE CONTEST) (SJB), (JNK), (HYG)
Global Market Comments November 23, 2020 Fiat Lux FEATURED TRADE: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE VACCINE PUT IS IN), ($INDU), (SPY), (TLT), (GLD), (TSLA)
You’ve all heard of the Fed Put which has put a floor under stock markets for the past decade, although it didn’t work so well this year. Now, we have the Vaccine Put. Traders and investors have been more than willing to look through the pandemic to the other side, when multiple vaccines bring an
Global Market Comments November 20, 2020 Fiat Lux FEATURED TRADE: (TRADING THE KENNEDY ASSASSINATION)
Global Market Comments November 19, 2020 Fiat Lux Featured Trade: (TRADING FOR THE NON-TRADER), (ROM), (UXI), (UCC), (UYG),
Global Market Comments November 18, 2020 Fiat Lux Featured Trade: (THE QUANTUM COMPUTER IN YOUR FUTURE), (AMZN), (GOOG), (THE WORST TRADE IN HISTORY), (AAPL)
When I was a kid, radios were built with vacuum tubes. I remember my dad taking me to the supermarket where a large display case sporting dozens of sockets identified the tube you needed. All you had to do then was install it without electrocuting yourself. Then transistors were invented and everything changed overnight. Suddenly,
Say you owned 10% of Apple (AAPL) and you sold it for $800 in 1976. What would that stake be worth today? Try $80 billion. That is the harsh reality that Ron Wayne, 84, faces every morning when he wakes up, one of the three original founders of the consumer electronics giant. Wayne first met
Global Market Comments November 17, 2020 Fiat Lux Featured Trade: (HOW TO GET A FREE TESLA), (TSLA), (TESTIMONIAL)
I have assiduously instructed readers on how to earn boatloads of money over the past 12 years. Now I am going to teach you how to spend it wisely. How would you like to drive a vehicle whose technology is from ten years in the future, will be the envy of your neighbors, and leaves
Global Market Comments November 16, 2020 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or RAIDING THE PIGGY BANK), (SPY), ($INDU), (JPM), (CAT), (UNP), (UPS), (SLV), (TLT), (TSLA)