Global Market Comments March 8, 2019 Fiat Lux Featured Trade: (MARCH 6 BIWEEKLY STRATEGY WEBINAR Q&A), (SPY), (SDS), (TLT), (TBT), (GE), (IYM), (MSFT), (IWM), (AAPL), (ITB), (FCX), (FXE)
Well, that was some week! After moving up in a straight line for ten weeks, markets are now doing their best impression of a Q4 repeat. The transports Index (XTN), the most important leading indicator for markets, has been down for 11 straight days, the worst run in 40 years. And now for the bad
“For myself, I am an optimist. It does not seem to be much use being anything else,” said British WWII Prime Minister, Winston Churchill.
Global Market Comments March 8, 2019 Fiat Lux Featured Trade: (MARCH 6 BIWEEKLY STRATEGY WEBINAR Q&A), (SPY), (SDS), (TLT), (TBT), (GE), (IYM), (MSFT), (IWM), (AAPL), (ITB), (FCX), (FXE)
Below please find subscribers’ Q&A for the Mad Hedge Fund Trader March 3 Global Strategy Webinar with my guest and co-host Bill Davis of the Mad Day Trader. Keep those questions coming! Q: Are you sticking to your market top (SPY), (SDS) by mid-May? A: Yes, at the rate that economic data is deteriorating, and earnings are falling, there’s no
Global Market Comments March 7, 2019 Fiat Lux Featured Trade: (BETTER BATTERIES HAVE BECOME BIG DISRUPTERS) (TSLA), (XOM), (USO)
Global Market Comments March 6, 2018 Fiat Lux Featured Trade: (WILL UNICORNS KILL THE BULL MARKET?), (TSLA), (NFLX), (DB), (DOCU), (EB), (SVMK), (ZUO), (SQ), (A NOTE ON OPTIONS CALLED AWAY), (TLT)
With stock market volatility greatly elevated and trading volumes through the roof, there is a heightened probability that your short options position gets called away. I have already gotten calls from holders of the iShares Barclays 20+ Year Treasury Bond Fund (TLT) March 2019 $124-$126 in-the-money vertical BEAR PUT spread who have seen their short
Global Market Comments March 5, 2019 Fiat Lux Featured Trade: (THE BIPOLAR ECONOMY), (AAPL), (INTC), (ORCL), (CAT), (IBM), (TESTIMONIAL)
Corporate earnings are up big! Great! Buy! No, wait! The economy is going down the toilet! Sell! Buy! Sell! Buy! Sell! Help! Anyone would be forgiven for thinking that the stock market has become bipolar. According to the Commerce Department’s Bureau of Economic Analysis, the answer is that corporate profits account for only a small
I cannot give higher marks to John's style of approaching the market. My wife has learned so much from him that we are actually having conversations about the global economy. Wow! You will learn money management, the concept of risk versus reward, and how to take advantage of trades that are worth taking. Thanks John!
“Truly good businesses are exceptionally hard to find. Selling any you are lucky enough to own makes no sense at all,” said Oracle of Omaha Warren Buffet.
Global Market Comments March 4, 2019 Fiat Lux Featured Trade: (THE MARKET FOR THE WEEK AHEAD, or THE RECESSION HAS BEGUN), (SPY), (TLT), (GLD), (AAPL)
I hate to be the one to fart in church here, but the long-feared recession has already started. It’s not a conventional recession defined by two back to back quarters of negative GDP growth, although you have a tough time convincing anyone in the besieged auto, real estate, or agricultural sectors of that. No, this
Global Market Comments March 1, 2019 Fiat Lux Featured Trade: (OH, HOW THE MIGHTY HAVE FALLEN), (BRK/A), (AXP), (AAPL), (BAC), (KO), (WFC), (KHT), (AMGEN’S BIG WIN), (AMGN), (SNY), (REGN)
Going through Warren Buffet’s letter to the shareholders of Berkshire Hathaway (BRK/A) you can’t help but notice that his performance nosedived from a breathtaking 21.9% in 2017 to a much more sedentary 2.8% last year. That is with an S&P 500 down -4.4%, including dividends. That compares to my own 23.67% profit for 2018. But
Amgen Inc. (AMGN) won big in its patent case against Sanofi SA (SAN) and Regeneron Pharmaceuticals Inc. (REGN). The battle was over Repatha, a cholesterol-lowering drug said to be more potent than Pfizer’s Lipitor. Billions of dollars in projected sales are anticipated to be at stake, with the court still in the process of determining
Global Market Comments February 28, 2019 Fiat Lux Featured Trade: (GOLD IS BREAKING OUT ALL OVER), (GLD), (GDX), (NEM), (THE STEM CELLS IN YOUR INVESTMENT FUTURE) (CELG), (TMO), (REGN)
Longtime readers of this letter are well aware that I have been bullish on gold since August. However, this week, the barbarous relic really got the bit between its teeth and is now poised to break out to a new five year high. All of a sudden, the sun, moon, and stars have aligned in
“We live in a world that is not described by classical economics,” said Oracle of Omaha Warren Buffet.