Global Market Comments February 27, 2019 Fiat Lux Featured Trade: (WHY CHINA’S US TREASURY DUMP WILL CRUSH THE BOND MARKET), (TLT), (TBT), ($TNX), (FCX), (FXE), (FXY), (FXA), (USO), (OXY), (ITB), (LEN), (HD), (GLD), (SLV), (CU), (THE 13 NEW TRADING RULES FOR 2019)
Years ago, if you asked traders what one event would destroy financial markets, the answer was always the same: China dumping its $1 trillion US treasury bond hoard. It looks like Armageddon is finally here. Once again, the Chinese boycotted this week’s US Treasury bond auction. With a no-show like this, you could be printing
I’m sitting here at my Lake Tahoe lakefront mansion watching the snow come down heavy and the Dow Average meander around and go nowhere. It is one of those perfect, picture postcard days with all white except the choppy cobalt blue lake. The fields outside are covered with snow crystals sparkling. After the close, I’m
Global Market Comments February 26, 2019 Fiat Lux Featured Trade: (ABOUT THE TRADE ALERT DROUGHT), (SPY), (GLD), (TLT), (MSFT), (THE NEW OFFSHORE CENTER: AMERICA) (TESTIMONIAL)
Long term subscribers are well aware that I sent out a flurry of Trade Alerts at the beginning of the year, almost all of which turned out to be profitable. Unfortunately, if you came in any time after January 17 you watched us merrily take profits on position after position, whetting your appetite for more.
I hope you have great plans for the weekend. I am absolutely loving your trades. They have paid for my membership. I wish I was able to catch them all. Best regards, Robert Oregon
Global Market Comments February 25, 2019 Fiat Lux Featured Trade: (THE MARKET FOR THE WEEK AHEAD, or THE BEST OF TIMES AND THE WORST OF TIMES), (SPY), (TLT), (TLT), (VIX), (KHC), (MAT), (MMT), (GLD)
It is truly the best of times and the worst of times. And it's not a stretch to apply Charles Dickens’ line from the Tale of Two Cities to the stock market these days. On the one hand, stocks have just delivered one of the sharpest rallies in market history, up a staggering 20% in nine
Global Market Comments February 22, 2019 Fiat Lux Featured Trade: (FEBRUARY 20 BIWEEKLY STRATEGY WEBINAR Q&A), (NVDA), (MU), (AMD), (LRCX), (GLD), (FXE), (FXB), (AMZN), (PLAY IT SAFE WITH ANTHEM), (ANTM), (CI)
Below please find subscribers’ Q&A for the Mad Hedge Fund Trader February 20 Global Strategy Webinar with my guest and co-host Bill Davis of the Mad Day Trader. Keep those questions coming! Q: If there is a China trade deal, should I buy China stocks, specifically Alibaba? A: To a large extent, both Chinese and US stocks have already fully
Global Market Comments February 21, 2019 Fiat Lux Featured Trade: (SHORT SELLING SCHOOL 101), (SH), (SDS), (PSQ), (DOG), (RWM), (SPXU), (AAPL), (VIX), (VXX), (IPO), (MTUM), (SPHB), (HDGE),
Global Market Comments February 20, 2019 Fiat Lux Featured Trade: (THE NEXT COMMODITY SUPER CYCLE HAS ALREADY STARTED), (COPX), (GLD), (FCX), (BHP), (RIO), (SIL), (PPLT), (PALL), (GOLD), (ECH), (EWZ), (IDX), (WHY THE REAL ESTATE BOOM HAS A DECADE TO RUN), (DHI), (LEN), (PHM), (ITB)
Global Market Comments February 19, 2019 Fiat Lux Featured Trade: (THE MARKET FOR THE WEEK AHEAD, or ALARM BELLS ARE RINGING) (SPY), (TLT), (GLD), (AMZN)
There is not a single hedge fund manager out there today who doesn’t believe that stock markets are on the verge of a very sharp selloff. Earnings are falling. Europe is tipping into recession. The money supply is shrinking at a dramatic pace (see chart below). And government borrowing will double this year as compared
Global Market Comments February 15, 2019 Fiat Lux Featured Trade: (THE CONTINUING DEATH OF RETAIL), (AMZN), (WMT), (M), (JWN), (TESTIMONIAL)
Global Market Comments February 14, 2019 Fiat Lux Featured Trade: (WHY I’M AVOIDING PFIZER LIKE THE PLAGUE) (PFE), (MRK), (MVS), (THE LIQUIDITY CRISIS COMING TO A MARKET NEAR YOU), (TLT), (TBT), (MUB), (LQD), (TESTIMONIAL)
You would think that the company that makes Viagra would be booming with all these baby boomers around. It’s not. As we come into the tag ends of the Q1 earnings season, it is hard to ignore the pitiful performance put on by Pfizer (PFE). Its fourth-quarter earnings were totally overshadowed by its disappointing outlook
I had the great pleasure of having breakfast the other morning with my longtime friend, Mohamed El-Erian, former the co-CEO of the bond giant, PIMCO. Mohamed argues that there has been a major loss of liquidity in the financial markets in recent decades that will eventually come home to haunt us all, and sooner than
I would like to express how much I enjoy reading your newsletter and the global views that I gain from it. It has been the best, by far, and the most financially worthwhile letter I have ever bought. I find most newsletters spin and promote their returns during the good times, and never factor in
"We may be moving from cautiousness to optimism, but euphoria is down the road," said Bob Doll of Nuveen Asset Management.