With Bitcoin probing new lows in its 9-month-old bear market, I am starting to get deluged with questions from readers as to whether it is time to buy. My answer is always the same. I wouldn't touch it with a 10-foot pole. I wouldn't even buy it with Donald Trump's money. Bitcoin was a great
Mr. Mad Hedge Fund! This is an old B-52 pilot with over 325 combat missions in Vietnam, flying out of Guam, Okinawa and Thailand, and the past Air Force Wing Commander of the Bomb Wing on Guam 1981-1983. I am extremely pleased to have happened onto your website and, thusly, I have canceled some other
Global Market Comments August 7, 2018 Fiat Lux Featured Trade: (DON'T MISS THE AUGUST 8 GLOBAL STRATEGY WEBINAR), (TAKING THE E-TICKET RIDE WITH WALT DISNEY), (DIS), (NFLX), (FOX), (A VERY BRIGHT SPOT IN REAL ESTATE)
I'll never forget the first time I met Walt Disney. There he was at the entrance on opening day of the first Disneyland in Anaheim, Calif., in 1955 on Main Street shaking the hand of every visitor as they came in. My dad sold the company truck trailers and managed to score free tickets for
I feel obliged to reveal one corner of this bubbling market that might actually make sense. By 2050 the population of California will soar from 37 million to 50 million, and that of the U.S. from 320 million to 400 million, according to data released by the US Census Bureau and the CIA Fact Book
Global Market Comments August 6, 2018 Fiat Lux Featured Trade: (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or FINDING A NEW GIG), (FB), (TWTR), (INTC), (NFLX), (AAPL), (AMZN), (RIGHTSIZING YOUR TRADING)
I'm back! Yes, I have freshly debarked from the KLM 10-hour nonstop from Amsterdam, with little gin bottles in the shape of old Dutch houses in my pockets. And what do I do upon landing but rush to pound out another newsletter, digesting what I learned from reading a mountain of research on the way
I can't tell you how many times I have been woken up in the middle of the night by an investor who was sleepless over a position that was going the wrong way. Gold was down $50, the Euro was spiking two cents, or the stock market was enduring one of its periodic heart attacks.
Global Market Comments August 3, 2018 Fiat Lux Featured Trade: (DON'T MISS THE AUGUST 8 GLOBAL STRATEGY WEBINAR), (SHAKING THE HAND THAT KILLED OSAMA BIN LADEN)
The team fought their way up two flights of stairs in pitch-blackness, dispatching several Al-Qaida fighters along the way. A tall figure emerged in the green glow of the night vision goggles. It hesitated. Two shots were fired, and the body hit the ground. That was how Navy Seal Team Six member, Mark Owen, described
Global Market Comments August 2, 2018 Fiat Lux NETFLIX SPECIAL REPORT Featured Trade: (WHAT'S NEXT FOR NETFLIX?), (NFLX), (WMT), (AMZN)
In its latest earnings report for Q2 2018 Netflix definitely disappointed. Revenues came in at $3.91 billion compared to an expected $3.94 billion. New subscribers came up short 1 million of those expected. It also provided weaker guidance, expecting to ad only 5 million new subscribers versus an earlier expected 6 million, with most coming
Global Market Comments August 1, 2018 Fiat Lux Featured Trade: (REPORT FROM THE MATTERHORN SUMMIT)
From where I stand, the rolling foothills of Northern Italy spread out below me to the south. On my left lie the distinctive peaks of the Dolomites. On my right I can see the massive expanse of Mont Blanc, at 15,781 feet the highest mountain in Europe. I am standing at the summit of the
"This is very bullish for markets. It's bullish for markets intermediate term. Before, I thought we were in the seventh inning of a four-year bull market. Two waiters just came in and delivered another punch bowl. We're going into extra innings, baby," said Stanley Druckenmiller formerly of hedge fund Duquesne Capital Management, about the Fed's
Global Market Comments July 31, 2018 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE FRIDAY, AUGUST 3 AMSTERDAM, THE NETHERLANDS GLOBAL STRATEGY DINNER), (THE INSIDER'S VIEW ON THE FUTURE OF TECHNOLOGY), (AMZN), (GOOG), (DELL), (MSFT), (EBAY), (MY DATE WITH HITLER'S GIRLFRIEND)
Come join John Thomas at the Mad Hedge Fund Trader's Global Strategy Dinner, which I will be conducting in Amsterdam, The Netherlands, on Friday, August 3, 2018 at 7:00 PM. A three-course dinner will be followed by an extended question-and-answer period. I'll be giving you my up-to-date view on stocks, bonds, foreign currencies, commodities, precious
Global Market Comments July 30, 2018 Fiat Lux Featured Trade: (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or POURING GASOLINE ON THE FIRE), (MSFT), (AMZN), (FB), (NFLX), (TWTR), (TESTIMONIAL)
Pour gasoline on a fire and you get a reaction. It's a simple matter of physics. That is the natural result of hitting the economy with tax cuts, fiscal stimulus, and low interest rates all at once. But at what price? Of course, the headline number of the week was the first read on Q2
Global Market Comments July 27, 2018 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE FRIDAY, AUGUST 3, 2018, AMSTERDAM, THE NETHERLANDS GLOBAL STRATEGY DINNER), (STOCKS TO BUY ON THE OUTBREAK OF TRADE PEACE), (QQQ), (SPY), (SOYB), (CORN), (WEAT), (CAT), (DE), (BA), (QCOM), (MU), (LRCX), (CRUS), (ORIENT EXPRESS PART II, or REPORT FROM VENICE)