Global Market Comments February 3, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or THE TRADE WAR BEGINS) (SPY), ($COMPQ), (TSLA), (VST), (MSFT), (ADBE), (DELL), (NVDA)
As I write this, tariffs are coming into force and confusion reigns supreme at the borders. The worst-case scenario has arrived. In the Marine Corp., they say that a missing 50-cent part can ground a $50 million dollar airplane. It turns out that many of the 50-cent parts are made in Canada and Mexico, which
'There is one peculiarity about mass psychology in that when you are in a bubble, you can't see it. Bubbles are invisible when you are inside the bubble,' said the charming Jim Dines, of The Dines Letter.
Global Market Comments January 31, 2025 Fiat Lux Featured Trade: (JANUARY 29 BIWEEKLY STRATEGY WEBINAR Q&A), (META), (AMZN), (NVDA), (AMD) (GS), (SPY), (TSLA), (SBUX), (CCJ), (ADBE), (LMT), (GD), (RTX), (NVDA)
Below please find subscribers’ Q&A for the January 29 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Salt Lake City, UT. Q: Are AI stocks going to crash? A: Some already have, and others haven’t. It’s really about single-stock-picking the chip area and the pure AI plays, which have been enormously overextended. If you
Global Market Comments January 30, 2025 Fiat Lux Featured Trade: (THE MAD HEDGE DICTIONARY OF TRADING SLANG)
The Diary of a Mad Hedge Fund Trader is read in 140 counties. About a quarter of our readers run the letter through a Google Translator before reading. That has created a problem. Stock trading is probably the most slang and acronym-ridden profession on the planet, second only to the United States Marine Corps. (Semper
Global Market Comments January 29, 2025 Fiat Lux Featured Trade: (WHY GLOBALIZATION WORKS)
Having been a vociferous supporter of globalization since its dawn, first during a decade spent as a reporter for The Economist magazine, and then as an investor, I can explain how our international trading system works, and especially why it works for the US. While waiting for a flight at Miami Airport, there was a
“We have few, if any spare tires left,” said Mohamed El-Erian, CIO of mega bond house PIMCO, about the nail studded road ahead for the US economy.
Global Market Comments January 28, 2025 Fiat Lux Featured Trade: (THE NEW OFFSHORE CENTER: AMERICA), (SIGN UP NOW FOR TEXT MESSAGING OF TRADE ALERTS)
Global Market Comments January 27, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE TRADE WAR BEGINS), (SPY), (TLT), (TSLA), (NFLX)
The punitive 25% tariff against Columbia for refusing to take back their own immigrants clearly signals how international relations will be conducted going forward. Never mind that it was rolled back 25 hours later. The intentions are clear. Notice that it is America’s biggest exporters, the Magnificent Seven, that are getting absolutely slaughtered this morning.
“To pursue the mosquito theory as a cause of yellow fever would be a complete waste of government money,” said an army doctor in 1898.
Global Market Comments January 24, 2025 Fiat Lux Featured Trade: (SOME SAGE ADVICE ON ASSET ALLOCATION)
“Fair value doesn’t mean you have to go down. It just means you have to be cautious,” said hedge fund legend David Tepper of Appaloosa Management.
Global Market Comments January 23, 2025 Fiat Lux Featured Trades: (WHY WATER WILL SOON BE WORTH MORE THAN OIL), (CGW), (PHO), (FIW), (VE), (TTEK), (PNR), (WHY WARREN BUFFETT HATES GOLD), (GLD), (GDX), (ABX)
If you think that an energy shortage is bad, it will pale in comparison to the next water crisis. So, investment in freshwater infrastructure is going to be a great recurring long-term investment theme. One theory about the endless wars in the Middle East since 1918 is that they have really been over water rights.
After seven years in the penalty box, gold is finally starting to come alive, and the Armageddon crowd is absolutely loving it. Maybe after ten years of rising, stocks are finally expensive on a relative basis? These are the guys who are perennially predicting the collapse of the dollar, the default of the US government,
“Every recession sows the seeds for the next business recovery, and every recovery sows the seeds of the next recession,” said hedge fund manager Leon Cooperman of Omega Advisors.