Talking to hedge fund managers, financial advisors, and portfolio managers around the country de-risking seems to be the name of the game. It’s like they expect a category five hurricane to hit the markets tomorrow. Even my friend, hedge fund legend David Tepper, says that the stock market is fairly valued and that he is
“When the stock goes up 30% in a month don’t think you’re 30% smarter, because when it falls 30% in a month you’ll look 30% dumber,” said Amazon founder Jeff Bezos, the world’s richest man.
Global Market Comments September 14, 2018 Fiat Lux Featured Trade: (SOME GOOD NEWS FROM TESLA), (TSLA), (SOME SAGE ADVICE ABOUT ASSET ALLOCATION)
I’ll give you a chance to pick yourself off the floor first. While the media focus seems to be overwhelmingly on problems with the Tesla 3 (TSLA) production these days, the fact is that some of the company’s other business lines are growing like gangbusters. Orders for the groundbreaking Tesla Powerwall were up an eye-popping
Global Market Comments September 13, 2018 Fiat Lux Featured Trade: (EXPANDING MY “TRADE PEACE” PORTFOLIO), (BABA), (BIDU), (TCTZF) (MU), (LRCX), (KLAC), (EEM), (FXI), (EWZ), (SOYB), (CORN), (WEAT), (CAT), (DE), (THE LEAGUE OF EXTRAORDINARY TRADERS)
This morning, U.S. Treasury Secretary Steven Mnuchin mentioned that an effort was being made to get trade talks with China back on track. The Dow soared 160 points in a heartbeat. Past murmurings by the Treasury Secretary demonstrate that his musings have zero credibility in the marketplace and the move vaporized in minutes. However, given
Global Market Comments September 12, 2018 Fiat Lux THE FUTURE OF AI ISSUE Featured Trade: (THE NEW AI BOOK THAT INVESTORS ARE SCRAMBLING FOR), (GOOG), (FB), (AMZN), MSFT), (BABA), (BIDU), (TENCENT), (TSLA), (NVDA), (AMD), (MU), (LRCX)
“I’m prepared to eat our children because if I don’t, somebody else will,” said Sir Martin Sorrell about the extreme competitiveness of online marketing.
Global Market Comments September 11, 2018 Fiat Lux Featured Trade: (A NOTE ON ASSIGNED OPTIONS, OR OPTIONS CALLED AWAY), (MSFT), (TEN MORE REASONS WHY BONDS WON’T CRASH), (TLT), (TBT), (ELD), (MUB)
Global Market Comments September 10, 2018 Fiat Lux Featured Trade: (WEDNESDAY, OCTOBER 17, 2018, HOUSTON GLOBAL STRATEGY LUNCHEON INVITATION), (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or “IT WASN’T ME!”), (AMZN), (NKE), (SPY), (PCG)
First of all, I want to confirm absolutely and without any doubt that I did not write the anonymous and controversial New York Times op-ed entitled “I Am Part of the Resistance Inside the Trump Administration.” It wasn’t me. During the 1970s I tried to write for the Grey Lady about the Chinese Cultural Revolution,
Global Market Comments September 7, 2018 Fiat Lux Featured Trade: (MONDAY, OCTOBER 15, 2018, ATLANTA, GA, GLOBAL STRATEGY LUNCHEON), (SEPTEMBER 5 BIWEEKLY STRATEGY WEBINAR Q&A), (AMZN), (MU), (MSFT), (LRCX), (GOOGL), (TSLA), (TBT), (EEM), (PIN), (VXX), (VIX), (JNK), (HYG), (AAPL)
Below please find subscribers’ Q&A for the Mad Hedge Fund Trader September 5 Global Strategy Webinar with my guest and co-host Bill Davis of the Mad Day Trader. As usual, every asset class long and short was covered. You are certainly an inquisitive lot, and keep those questions coming! Q: Do you think the collapse
Global Market Comments September 6, 2018 Fiat Lux Featured Trade: (TUESDAY, OCTOBER 16, 2018, MIAMI, FL, GLOBAL STRATEGY LUNCHEON), (HOW THE RISK PARITY TRADERS ARE RUINING EVERYTHING!), (VIX), (SPY), (TLT), (TESTIMONIAL)
Global Market Comments September 5, 2018 Fiat Lux Featured Trade: (JOIN US AT THE MAD HEDGE LAKE TAHOE, NEVADA, CONFERENCE, OCTOBER 26-27, 2018), (THE HIGH COST OF TRADE TARIFFS), (TESTIMONIAL)
Global Market Comments September 4, 2018 Fiat Lux Featured Trade: (WEDNESDAY, OCTOBER 17, 2018, HOUSTON GLOBAL STRATEGY LUNCHEON), (DON’T MISS THE SEPTEMBER 5 GLOBAL STRATEGY WEBINAR), (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or THE WAR WITH CANADA STARTS ON TUESDAY), (MSFT), (VXX), (TLT), (AAPL), (KO), (GM), (F)
I have spent all weekend sitting by the phone, waiting for the call from Washington D.C. to re-activate my status as a Marine combat pilot. Failure of the administration to reach a new NAFTA trade agreement by the Friday deadline makes such a conflict with Canada inevitable. And while you may laugh at the prospect
Global Market Comments August 31, 2018 Fiat Lux Featured Trade: (MONDAY, OCTOBER 15, 2018, ATLANTA, GA, GLOBAL STRATEGY LUNCHEON), (WATCH OUT FOR BEARS!), ($INDU), (MORE BIOTECH AND PHARMA STOCKS TO SOAK UP)
I just got off the phone with a hedge fund veteran who I have long known and respected. He showered me with 27 reasons why stocks were peaking out and were about to crash. I told him he was right on every point, but that these were all arguments that future historians will put forward
One has to be truly impressed with the bounce in biotech and pharmaceutical stocks over the past month. This is something to pay attention to, as biotech and technology will be two of the top-performing stock market sectors for the next 20 years. If you want to be lazy, just buy these two sectors on