Sometimes markets have to give you a solid dose of humility, blindside you with a sucker punch, and slap you across the face with a wet kipper. Last week was definitely one of those weeks for me. It was only just a matter of time before this happened. We posted new record gains for the
Hi John, I wanted to thank you for a trade idea you inspired me to take based on your BA commentary and your trading methodology. I placed a 22 March $340-$350 Vertical Bull Call spread on BA yesterday. Unless there is some catastrophic news in the next week, I should make $1570. Best regards, Robert
“The bubble is in the bond market, not the stock market”, said Leon Cooperman, CEO of Omega Advisors, an original investor in my 1990’s hedge fund.
Global Market Comments March 15, 2019 Fiat Lux Featured Trade: (BUY JOHNSON & JOHNSON ON THE BAD NEWS), (JNJ), ($INDU), (PFE), (NVS), (AZN)
When one of the 30 Dow Average companies ($INDU) gets into trouble, I sit up and take note, stand to attention and drill down with a magnifying glass. After all, it may have a major important on an important tradable index, thus opening up an investment opportunity. It also may sound the alarm for a
“The bubble is in the bond market, not the stock market” said Leon Cooperman, CEO of Omega Advisors, an original investor in my 1990’s hedge fund.
Global Market Comments March 14, 2019 Fiat Lux Featured Trade: (LEARN MORE ABOUT ME THAN YOU PROBABLY WANT TO KNOW), (GOOG), (AMZN), (AMGN)
"I manage one million people, and managing people is like managing animals, and I don't like managing one million animals," said Terry Gou, CEO of Chinese manufacturer, Foxconn, where employee suicides have been rife.
Global Market Comments March 13, 2019 Fiat Lux Featured Trade: (WHY BOND YIELDS ARE GOING TO ZERO), (TLT), (TBT), ($TNX), (TESTIMONIAL)
Global Market Comments March 12, 2019 Fiat Lux Featured Trade: (AN AFTERNOON WITH ANTHONY SCARAMUCCI OF SKYBRIDGE), (BRK/A), (EEM)
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