“In the future, driving cars will be outlawed. It’s too dangerous to drive around a two-ton death machine,” said Tesla founder Elon Musk.
Global Market Comments October 15, 2018 Fiat Lux Featured Trade: (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or OUR HARD LANDING BACK ON EARTH), (SPY), (QQQ), (TLT), (VIX), (VXX), (MSFT), (JPM), (AAPL), (DECODING THE GREENBACK), (DUMPING THE OLD ASSET ALLOCATION RULES)
Truth be told, it’s the really boring, sedentary, go-nowhere markets that drive me nuts, cause me to tear my hair out, and urge me on to an early retirement. The week started with such promise. Sunday night I witnessed the first Space X landing of a rocket in California which I could clearly see from
Global Market Comments October 12, 2018 Fiat Lux Featured Trade: (WHY THE STOCK MARKET IS BOTTOMING HERE), (SPY), (INDU), (NETFLIX SAYS WE BECOME A NATION OF COUCH POTATOES), (NFLX), (M), (AMZN), (TSLA), (DIS), (GOOG)
All good things must come to an end, and that includes bull markets in stocks. But this one is not over yet. If my calculations are correct, the current correction should end right around here over the next week or two. Like the famed Monte Python parrot, the bull market is not dead, it is only resting.
While much of the artificial intelligence focus has been on Amazon (AMZN), Apple (AAPL), Tesla (TSLA), and Alphabet (GOOG) this year, there is another firm in the field making money hand over fist. That would be Netflix (NFLX), whose earnings have been on a tear all year, sending the shares soaring. By this summer the
Global Market Comments October 11, 2018 Fiat Lux Featured Trade: (REACHING PEAK TECHNOLOGY STOCKS), (GOOGL), (MSFT), (NFLX), (FB), (AAPL), (LOCKHEED MARTIN’S SECRET FUSION BREAKTHROUGH), (LMT), (NOC), (BA)
I drove into San Francisco for a client dinner last night and had to wait an hour at the Bay Bridge toll gate. When I finally got into town, the parking attendant demanded $50. Dinner for two at Morton’s steakhouse? How about $400. Which all underlines the fact that we have reached “Peak” San Francisco.
One of the blowout performers in recent years has been defense company Lockheed Martin (LMT), whose stock has doubled since 2014. Even if we don’t get new wars, we still have several ongoing ones, the administration has promised substantially ramped up defense spending in coming years. And thanks to a decade of downsizing and consolidation
Global Market Comments October 10, 2018 Fiat Lux SPECIAL TESLA ISSUE Featured Trade: (OCTOBER 14 SAVANNAH GEORGIA STRATEGY BREAKFAST), (THE BULL CASE FOR TESLA), (TSLA), (GM), (F)
Come join John Thomas at the Mad Hedge Fund Trader’s Global Strategy Breakfast which I will be conducting in Savannah, Georgia on Sunday, October 14, 2018 at 8:00 AM. A sumptuous breakfast will be followed by an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, foreign
Talk about a bad news factory. A short interest of 26% in Tesla (TSLA) stock has the tendency to manufacture bad news on a daily basis, whether it is true or not. It really has been a black swan a day. This really is the most despised stock in the market. But you have to
Global Market Comments October 9, 2018 Fiat Lux SPECIAL REPORT ON GOLD Featured Trade: (TAKING A LOOK AT GOLD LEAPS), (GLD), (ABX), (AMZN)
As incredible as it may sound, I’m starting to hear good things about gold. That’s amazing as the barbarous relic has been the red headed step child of the financial markets for the past six years. Not since the yellow metal peaked in 2011 have I heard the talk so bullish. You can thank central
“I have not filed, I have just found 10,000 ways that do not work,” said the 19th century inventor Thomas Edison.
Global Market Comments October 8, 2018 Fiat Lux Featured Trade: (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or GET ME OFF THIS ROLLER COASTER), (THE INCREDIBLE FUTURE OF THE AUTOMOBILE), (TSLA), (GM), (F), (TM)
After two years of somnolent complacency, the bond market finally broke out of a two-year range, putting the cat among the pigeons with investors everywhere. In a mere six weeks, the yield on the ten-year US Treasury bond (TLT) soared by 45 basis points from 2.80% to 3.25%, and 25 basis points during last week
It was the kind of dinner invitation I couldn’t turn down. What I learned was amazing. I usually prefer to spend my evenings at home catching up on my research, calling customers, and plotting my next great Trade Alert. So, it takes a lot to get me out of my cozy digs, especially given the
When invited to run for president in 1868, Civil War general William Tecumseh Sherman replied, “I would rather spend a year in Sing Sing than Washington DC, and I’d come out a better man.”
Global Market Comments October 5, 2018 Fiat Lux Featured Trade: (WEDNESDAY OCTOBER 17 HOUSTON STRATEGY LUNCHEON INVITATION), (OCTOBER 3 BIWEEKLY STRATEGY WEBINAR Q&A) (SPY), (VIX), (VXX), (MU), (LRCX), (NVDA), (AAPL), (GOOG), (XLV), (USO), (TLT), (AMD), (LMT), (ACB), (TLRY), (WEED)