I was reviled, abused, and outright laughed at by the investment community when, last January 5, I predicted that the S&P 500 would hit 6,000 by yearend, click here for the link. I was accused of sending out clickbait. Yet here, ten months and change into the year here, we are with an intraday high
“Transparency is a good idea. Like my shower door, it lets in the light, but keeps out the flies,” said former Federal Reserve governor, Bob McTeer.
Global Market Comments November 8, 2024 Fiat Lux Featured Trade: (NOVEMBER 6 BIWEEKLY STRATEGY WEBINAR Q&A), (CCJ), (LMT), (VST), (RTX), (CCI), (GLD), (SLV), (TLT), (NVDA), (OXY), (FXA), (FXE), (FXB), (FXC)
Below, please find subscribers’ Q&A for the November 6 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Lake Tahoe, Nevada. Q: What do we do in the market now in view of the Trump Victory? The driving theme of the market has completely changed overnight. Falling interest rate plays are dead. The new theme
Global Market Comments November 7, 2024 Fiat Lux Featured Trade: (REITERATION OF MY $1,000 TARGET FOR TESLA), (TSLA)
OK, let me take my victory lap. Since I sent out my trade alert to buy Tesla on August 5, Tesla shares have exploded upward by a breathtaking $110, or 61%, to $290, a new 2024 high. And the best is yet to come! Of course, we got an assist from several fronts. The Tesla
“Battles are won with tactics. Wars are won with logistics. The logistics challenges at Tesla are enormous,” said Tesla founder Elon Musk.
Global Market Comments November 6, 2024 Fiat Lux Featured Trade: (WHY TECHNICAL ANALYSIS DOESN’T WORK) (SPY), (QQQ), (IWM), (VIX), (TESTIMONIAL)
I recently heard an amazing piece of information from a subscriber. Fidelity recently conducted a study to identify their best-performing clients. They neatly fell into two groups: people who forgot they had an account at Fidelity and dead people. It all underlines the futility of trading the markets without true professional guidance such as you
Global Market Comments November 5, 2024 Fiat Lux Featured Trade: (THE IRS LETTER YOU SHOULD DREAD), (TESTIMONIAL)
Global Market Comments November 4, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or TRADING ONE UNCERTAINTY FOR ANOTHER plus RECOLLECTIONS OF A MARINE), (NVDA), (DHI), (LEN), (KBH), (PHM), (TOL), (JPM)
Here I am holed up in a mountaintop retreat. I have six months of canned food, one month of water, and a year supply of ammo. There is an AR-15 and 12 gauge shotgun at the front door. There is a 45 caliber Colt Peacemaker and a Browning 45 at the backdoor. I sleep with
"Homo Sapiens, the first truly free species, is about to decommission the natural selection, the force that made us," said E.O. Wilson, a Harvard University biology professor.
Global Market Comments November 1, 2024 Fiat Lux Featured Trade: (PLEASE USE MY FREE DATABASE SEARCH)
The original purpose of this letter was to build a database of ideas to draw on in the management of my hedge fund. When a certain trade comes into play, I merely type in the symbol, name, currency, or commodity into the search box, and the entire fundamental argument in favor of that position pops
Global Market Comments October 31, 2024 Fiat Lux Featured Trade: (ORDER EXECUTION 101)
Given the recent difficulty in placing orders in this violent, illiquid market, I have been inundated with requests for how to execute orders. So, I thought I’d take some time today to expound on the basics of order execution 101. There are three basic ways to intelligently get an order into the market: 1) The
Global Market Comments October 30, 2024 Fiat Lux Featured Trade: (TAKE A LEAP INTO LEAPS)
How would you like to make 15 or 20 cents on every dollar invested? That is what we have been doing many times a month all year, and in fact, since Mad Hedge started 16 years ago. Would you like to make better than that, say 100% a year? How about 1,000% a year? Such
“You can reduce discretionary spending down to zero and it won’t have much impact on our fiscal problems because it’s such a small proportion of the total,” said Ben Bernanke, former chairman of the Federal Reserve.