"If a cop follows you for 500 miles, you're going to get a ticket," said Oracle of Omaha Warren Buffett, in reference to Bank of America's many legal problems.
Global Market Comments May 22, 2018 Fiat Lux Featured Trade: (DON'T MISS THE MAY 23 GLOBAL STRATEGY WEBINAR), (CHINA'S BIG TRADE WIN), (SPY), (TLT), (UUP), (USO), (GLD), (SOYB), (HOW TO USE YOUR CELL PHONE ABROAD)
My next global strategy webinar will be held live from Silicon Valley on Wednesday, May 23, at 12:00 PM EST. Co-hosting the show will be Mad Day Trader Bill Davis. I'll be giving you my updated outlook on stocks, bonds, commodities, currencies, precious metals, and real estate. The goal is to find the cheapest assets
My phone started ringing on Sunday afternoon as soon as the futures markets opened in Asia. The U.S. had reached agreement with China on trade and the Dow futures were up 200 points. Had the next leg of the bull market begun? ?Was it time to buy? I asked what were the specifics of the
I constantly receive emails from readers around the world inquiring how I accomplish this or that in my far-reaching travels around the globe. After all, I have visited 125 countries over the past 50 years. What's more, I have run the Mad Hedge Fund Trader Global Empire for the past 10 years, on the fly,
"Who knew the blockbuster this year would be a horror show," said Tony Crescenzi, market strategist and portfolio manager at bond giant, PIMCO.
Global Market Comments May 21, 2018 Fiat Lux Featured Trade: (JOIN ME ON THE QUEEN MARY 2 FOR THE MAD HEDGE JULY 11, 2018 SEMINAR AT SEA), (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or NO TRADE), ($INDU), (SPY), (TLT), ($TNX), (CPB)
Come join me in the grand appointments of the Cunard Line's flagship, the elegant and spacious Queen Mary 2, on an eastbound transatlantic cruise. The ship departs New York at 10:00 AM on July 6, 2018 and arrives at Southampton on July 13. There I will be conducting the Mad Hedge Fund Trader's Strategy Update,
That was the most boring week of 2018. Not only did we get no net movement; the range was an infinitesimal 200 Dow points. It was hardly enough to make a dog's breakfast. Of course, the big news was the yield on the 10-year U.S. Treasury bond (TLT), which rose to 3.12%, a seven-year high.
Global Market Comments May 18, 2018 Fiat Lux Featured Trade: (THEY'RE NOT MAKING AMERICANS ANYMORE), (THE DEATH OF THE FINANCIAL ADVISOR)
Global Market Comments May 17, 2018 Fiat Lux Featured Trade: (WHY THE "MIDTERM EFFECT" RULES THE MARKETS), (WHO SAYS THERE AREN'T ANY GOOD JOBS?), (TESTIMONIAL)
If I had a dime for every trading nostrum I have heard over the past 50 years I would be as rich as Croesus by now. And here's a whopper for you. A 20% corporate growth rate, a 2% inflation rate, and a 0% stock market: These are numbers you never would expect to see
Global Market Comments May 16, 2018 Fiat Lux Featured Trade: (THE LAWSUITS ARE PILING UP ON THE XIV), (XIV), (VXX), (KISS THAT UNION JOB GOODBYE), (TESTIMONIAL)
One of the most painful experiences of my half century long trading life involved the Credit Suisse VelocityShares Daily Inverse VIX Short-Term ETNs (XIV). I was certain that the Volatility Index (VIX) would peak for the year at the Wednesday, February 5, 8:30 AM market opening. So, I shot out a Trade Alert to place
Global Market Comments May 15, 2018 Fiat Lux Featured Trade: (FRIDAY, JUNE 15, 2018, DENVER, CO, GLOBAL STRATEGY LUNCHEON) (GET READY FOR THE COMING GOLDEN AGE), (SPY), (INDU), (FXE), (FXY), (UNG), (EEM), (USO), (TLT), (NSANY), (TSLA)
I believe that the global economy is setting up for a new golden age reminiscent of the one the United States enjoyed during the 1950s, and which I still remember fondly. This is not some pie in the sky prediction. It simply assumes a continuation of existing trends in demographics, technology, politics, and economics. The
Global Market Comments May 14, 2018 Fiat Lux Featured Trade: (THURSDAY, JUNE 14, 2018, NEW YORK, NY, GLOBAL STRATEGY LUNCHEON), (THE MARKET OUTLOOK FOR THE WEEK AHEAD, OR TAKING ANOTHER BITE AT THE APPLE), (AAPL), (FAREWELL TO DAVID ROCKEFELLER)
What happens after markets test the top end of a range? They test the bottom end of the range. So, the game here is to pick where and when is the next short-term top. Now that Q1 earnings are out of the way, there is no major positive driver of the market for two more
Watching Sotheby's sell off the possessions of David Rockefeller, the memories came flooding back. A Picasso went for a staggering $115 million, while a Monet fetched $80 million. A leather easy chair estimated at $300 sold for $8,000. I've seen then all, either at the downtown headquarters of Chase Manhattan Bank, which Rockefeller turned into
"It's easier to get out of Cuba than to get out of Facebook," said a market analyst.