The country is positive about the economy, nervous about the stock market, horrified about what's coming out of Washington, and universally opposed to a trade war. It is prospering, but most people are carefully looking over both shoulders, biting their nails over how soon it all will end. That is my takeaway from the Mad
"Luck helped me every day of my life. And I'd rather be lucky than smart 'cause a lot of smart people ain't eatin' regular," said wildcatting oil pioneer Sid Richardson about his success in business.
Global Market Comments June 18, 2018 Fiat Lux Featured Trade: (TEN REASONS WHY APPLE IS STILL GOING TO $220), (AAPL)
Here it is mid-June, and Apple is already closing in on my 2018 target of $200. Indeed, with a market capitalization today of $930 billion, Apple is on the verge of becoming the world's first $1 trillion publicly traded company. And here's the really great thing about this year for Apple bulls. If you had
"U.S. stock performance will be good in 2017, but is set to be outperformed by Japan, Europe, and emerging markets," said a top manager at bond giant PIMCO.
Global Market Comments June 15, 2018 Fiat Lux Featured Trade: (ONSHORING TAKES ANOTHER GREAT LEAP FORWARD), (TSLA), (UMX), (EWW), (KISS THAT UNION JOB GOODBYE), (TESTIMONIAL)
Those of you counting on getting your old union assembly line job back in Detroit can forget it. The eight-year forecast published by the Bureau of Labor Statistics shows that 4.19 million jobs will be gained in the U.S. in professional and business services, followed by 4 million health care and social assistance jobs, while
"We can lead, but we cannot carry," said Mike Ryan, chief investment strategist at UBS, about America's role in the global economy.
Global Market Comments June 14, 2018 Fiat Lux SPECIAL GOLD ISSUE Featured Trade: (GUESS WHO'S BEEN BUYING GOLD?), (GLD), (GDX), (SLV), ($SSEC), (WILL GOLD COINS SUFFER THE FATE OF THE $10,000 BILL?), (GLD), (GDX), (TESTIMONIAL)
Gold bugs, conspiracy theorists, and permabears had some unfamiliar company last year. While traders, individuals, and ETFs have been unloading gold for the past five years, central banks have been steady buyers. Who had the biggest appetite for the barbarous relic? Russia, which has been accumulating the yellow metal to avoid economic sanctions imposed by
The conspiracy theorists will love this one. Buried deep in the bowels of the 2,000-page health care bill was a new requirement for gold dealers to file Form 1099s for all retail sales by individuals over $600. Specifically, the measure can be found in section 9006 of the Patient Protection and Affordable Care Act of
Thanks for the swift answer about the (UVXY). I got 7% profit in one day, so I'll close. What about the (VXX)? Can that be held for longer? As for your question about Europe, it is not doing good. The reasons why are so simple. Spain, Portugal, Italy, and Greece have very different economies and
"Economists say we're having 2.5% growth. That's a lie. The reality is that we have 5% growth for the top 20% of the economy, and 0% growth for the bottom 80% of the economy," said Arthur Brooks, president of the American Enterprise Institute.
Global Market Comments June 13, 2018 Fiat Lux SPECIAL SPACE X ISSUE Featured Trade: (LAST CHANCE TO ATTEND THE FRIDAY, JUNE 15, 2018, DENVER, CO, GLOBAL STRATEGY LUNCHEON), (WILL SPACE X BE YOUR NEXT TEN BAGGER?), (EBAY), (TSLA), (SCTY), (BA), (LMT)
Come join me for lunch at the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in Denver, CO, on Friday, June 15, 2018. An excellent meal will be followed by a wide-ranging discussion and an extended question-and-answer period. I'll be giving you my up-to-date view on stocks, bonds, currencies, commodities, precious
I am constantly on the lookout for ten baggers, stocks that have the potential to rise tenfold over the long term. Look at the great long-term track records compiled by the most outstanding money managers, and they always have a handful of these that account for the bulk of their outperformance, or alpha, as it
"The longer you wait to fire someone, the longer it has been since you should have fired them," said Elon Musk, founder and CEO of Space X and Tesla Motors.
Global Market Comments June 12, 2018 Fiat Lux Featured Trade: (THE LAST CHANCE TO ATTEND THE THURSDAY, JUNE 14, 2018, NEW YORK, NY, GLOBAL STRATEGY LUNCHEON) (SHORT SELLING SCHOOL 101), (SH), (SDS), (PSQ), (DOG), (RWM), (SPXU), (AAPL), (VIX), (VXX), (IPO), (MTUM), (SPHB), (HDGE),
Come join me for lunch at the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in New York City on Thursday, June 14, 2018. An excellent meal will be followed by a wide-ranging discussion and an extended question-and-answer period. I'll be giving you my up-to-date view on stocks, bonds, currencies, commodities,
Global Market Comments June 11, 2018 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE WEDNESDAY, JUNE 13, 2018, PHILADELPHIA, PA, GLOBAL STRATEGY LUNCHEON), (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or WELCOME TO THE NEW WORLD ORDER), (AAPL), (MU), (TWTR), (I'M HITTING THE ROAD)