It was as if someone had turned out the lights. The homebuilders, after delivering one of the most prolific investment performance of any sector until the end of January, suddenly collapsed. Since then, they have been dead as a door knob, flat on their backs, barely exhibiting a breath of life. While most of the
Global Market Comments April 17, 2018 Fiat Lux Featured Trade: (HAS THE RECESSION ALREADY STARTED?) (WHERE THE ECONOMIST "BIG MAC" INDEX FINDS CURRENCY VALUE), (FXF), (FXE), (CYB)
It started with a slow drip. Then it became a trickle. Now it is an undeniable torrent. Negative economic data reports, once as rare as hen's teeth, have suddenly become as common as NRA bumper stickers at a Trump rally. The economic data flow has definitely turned sour. Is this a growth scare? Or is
My former employer, The Economist, once the ever-tolerant editor of my flabby, disjointed, and juvenile prose (Thanks Peter and Marjorie), has released its "Big Mac" index of international currency valuations. Although initially launched as a joke three decades ago, I have followed it religiously and found it an amazingly accurate predictor of future economic success.
Global Market Comments April 16, 2018 Fiat Lux Featured Trade: (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or THE WEEK THAT NOTHING HAPPENED), (TLT), (GLD), (SPY), (QQQ), (USO), (UUP), (VXX), (GOOGL), (JPM), (AAPL), (HOW TO HANDLE THE FRIDAY, APRIL 20 OPTIONS EXPIRATION), (TLT), (VXX), (GOOGL), (JPM)
This was the week that American missiles were supposed to rain down upon war-torn Syria, embroiling Russia in the process. It didn't happen. This was the week that the president was supposed to fire special prosecutor Robert Mueller, who with his personal lawyer is currently reading his private correspondence for the past decade with great
Global Market Comments April 13, 2018 Fiat Lux Featured Trade: (ANNOUNCING THE MAD HEDGE LAKE TAHOE, NEVADA, CONFERENCE, OCTOBER 26-27, 2018), (APRIL 11 GLOBAL STRATEGY WEBINAR Q&A), (TLT), (TBT), (GOOGL), (MU), (LRCX), (NVDA) (IBM), (GLD), (AMZN), (MSFT), (XOM), (SPY), (QQQ)
We all had so much fun last year at the Mad Hedge Lake Tahoe Conference that we unanimously voted to meet a year later. That time is now approaching, and the dates have been set for Friday and Saturday, October 26-27. Come learn from the greatest trading minds in the markets for a day of
Below please find subscribers' Q&A for the Mad Hedge Fund Trader April Global Strategy Webinar with my guest 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: Many of your April positions are now
Global Market Comments April 12, 2018 Fiat Lux Featured Trade: (THE REAL ESTATE CRASH COMING TO A MARKET NEAR YOU), (THE FALLING MARKET FOR KIDS)
"My experience in business helps me as an investor, and my investment experience makes me a better businessman," said Oracle of Omaha, Warren Buffett.
Global Market Comments April 11, 2018 Fiat Lux Featured Trade: (TRADING THE NEW VOLATILITY), (VIX), (VXX), (THE TWO CENTURY DOLLAR SHORT), (UUP)
I have been trading the Volatility Index (VIX) since it was first created in 1993. Let me tell you, the Volatility Index we have today is not your father's Volatility Index. The (VIX) was originally a weighted measure of the implied volatility of just eight S&P 100 at-the-money put and call options. Ten years later,
Global Market Comments April 10, 2018 Fiat Lux Featured Trade: (DON'T MISS THE APRIL 11 GLOBAL STRATEGY WEBINAR), (IT'S ALL ABOUT WHAT HAPPENS NEXT), ($INDU), (GOOGL), (HOW AMERICA'S PLUNGING EDUCATION SURPLUS WILL DAMAGE YOUR PORTFOLIO), (UUP)
My next global strategy webinar will be held live from Silicon Valley on Wednesday, April 11, at 12:00 PM EST. Co-hosting the show will my friend Jim Kenney from Option Professor. 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
Stock markets are only in the business of discounting what happens next. I spend so much time anticipating the coming moves in shares that I can't even remember what I had for breakfast. This is why technical analysis is such a bust as an investment strategy, except on an intraday basis only, as it is
For the first time in 40 years, the number of foreign students applying for American colleges and universities is declining. The drop is particularly noticeable at University of California, Berkeley, where Asian students account for about 10% of incoming freshmen. This is turning the Golden State's education budget upside-down, because foreigners pay almost triple the
Global Market Comments April 9, 2018 Fiat Lux Featured Trade: (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or HERE'S THE BIG CALL), (JPM), (GOOGL), (GLD), (TLT), (VXX), (HOW TO "SNOWBALL" YOUR FORTUNE WITH BENJAMIN FRANKLIN)
Well that tears it! Flamethrowers! Yes, on the list of 125 products that China is imposing new 25% import duties are flamethrowers. And I was so looking forward to getting a flamethrower of my own with which to singe lazy and errant stock analysts from whom we all are afflicted. I guess I'll just have
"The car business is hell," said Tesla co-founder Elon Musk, when announcing he would sleep in the Fremont, CA, Tesla factory until Model S production reaches 2,500 units a week.