All of a sudden, and without warning, a buying panic has ensued in the stock market, breaking it out of a tedious two-year range. The many concerns that kept investors out of stocks, like the trade war, interest rates, and a global economic slowdown, were shaken off like water off the back of a wet
Global Market Comments November 15, 2019 Fiat Lux Featured Trade: (NOVEMBER 13 BIWEEKLY STRATEGY WEBINAR Q&A), (FCX), (TSLA), (FXI), (SPY), (AAPL), (M), (BA), (TLT)
Below please find subscribers’ Q&A for the Mad Hedge Fund Trader November 13 Global Strategy Webinar broadcast from Silicon Valley, CA with my guest and co-host Bill Davis of the Mad Day Trader. Keep those questions coming! Q: Has the multiyear decline in commodities ended, such as for Freeport McMoRan (FCX)? A: Yes, for the short term. However, we
Global Market Comments November 14, 2019 Fiat Lux Featured Trade: (WHY TECHNICAL ANALYSIS IS A DISASTER) (SPY), (QQQ), (IWM), (VIX), (TESTIMONIAL), (NVDA)
Global Market Comments November 13, 2019 Fiat Lux Featured Trade: (HOW TO HANDLE THE FRIDAY, NOVEMBER 15 OPTIONS EXPIRATION), (TAKE A RIDE IN THE NEW SHORT JUNK ETF), (SJB), (JNK), (HYG), (THE COOLEST TOMBSTONE CONTEST)
Followers of the Mad Hedge Technology Letter have the good fortune to own a deep in-the-money options position that expires on Friday, November 15, and I just want to explain to the newbies how to best maximize their profits. This involves the: the Boeing (BA) November 2019 $300-$310 in-the-money vertical BULL CALL spread The total
Stocks will drop sharply in the coming year. It will most likely happen when the Democratic candidate takes a substantial lead over the president, which recent by-elections have shown is likely. What could be better than an ETF that benefits from both falling bonds AND stocks? It just so happens that there is such an
Global Market Comments November 12, 2019 Fiat Lux Featured Trade: (HOW TO GET A FREE TESLA), (TSLA), (TESTIMONIAL)
Global Market Comments November 11, 2019 Fiat Lux SPECIAL VETERANS DAY ISSUE Featured Trade: (A TRIBUTE TO A TRUE VETERAN)
Global Market Comments November 8, 2019 Fiat Lux Featured Trade: (WHAT I TOLD MY BIGGEST HEDGE FUND CLIENT) (SPY), (AAPL), (AMZN), (MSFT)
This week, I had to fly off to a party given by my biggest hedge fund client at the Penthouse Suite at the Bellagio Hotel in Las Vegas. And what a party it was! The showgirls were flowing hot and heavy, roaming magicians performed magic tricks, and there was the odd fire-breather or two. For
Global Market Comments November 7, 2019 Fiat Lux Featured Trade: (TRADING FOR THE NON-TRADER), (ROM), (UXI), (UCC), (UYG)
Global Market Comments November 6, 2019 Fiat Lux Featured Trade: (THE QUANTUM COMPUTER IN YOUR FUTURE), (AMZN), (GOOG), (THE WORST TRADE IN HISTORY), (AAPL)
Global Market Comments November 5, 2019 Fiat Lux Featured Trade: (THE HARD TRUTH BEHIND BUYING IN NOVEMBER), (NOTICE TO MILITARY SUBSCRIBERS),
Global Market Comments November 4, 2019 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or WELCOME TO THE SUMMIT) (GM), (BA), (MSFT), (SPY), (TLT), (TSLA), (AMZN)
In 1976, I joined the American Bicentennial expedition to climb Mount Everest led by my friend and mentor, Jim Whitaker. Since I was a late addition, there was no oxygen budget for me which, in those days, was very heavy and expensive. Still, I was encouraged to climb as far as I could without it,
Global Market Comments November 1, 2019 Fiat Lux Featured Trade: (OCTOBER 30 BIWEEKLY STRATEGY WEBINAR Q&A), (SQ), (CCI), (SPG), (PGE), (BA), (MSFT), (GOOGL), (FB), (AAPL), (IBB), (XLV), (USO), (GM), (VNQ)
Below please find subscribers’ Q&A for the Mad Hedge Fund Trader October 30 Global Strategy Webinar broadcast from Silicon Valley, CA with my guest and co-host Bill Davis of the Mad Day Trader. Keep those questions coming! Q: Would you buy Square (SQ) around here? A: I don’t want to buy anything around here—that’s why I’m 90%
Global Market Comments October 31, 2019 Fiat Lux Featured Trade: (WELCOME TO THE LAND OF ZEROS), (TLT), (VIX), (GLD), (SLV), (FXY), (A NOTE ON OPTIONS CALLED AWAY), (BA) (TESTIMONIAL)
Jay Powell really showed his hand today with the press conference following his 25-basis point interest rate cut. The Fed’s medium-term target rate is now zero. Take a 1.75% inflation rate, subtract a 1.75% overnight rate and you end up with a real interest rate of zero. The fact that we have real economic growth