Global Market Comments January 25, 2018 Fiat Lux Featured Trade: (GOLD IS BREAK OUT ALL OVER), (GLD), (GDX), (NEM), (THE 13 NEW TRADING RULES FOR 2018)
I'm sitting here at my Lake Tahoe lakefront mansion watching the Dow Average meander and go nowhere. It is one of those perfect, picture postcard days, with a blue sky and cobalt lake. The fields outside are covered with snow crystals sparkling in the sunshine. After the close, I'm going to have to shovel off
Global Market Comments January 24, 2018 Fiat Lux Featured Trade: (WHY CHINA'S US TREASURY DUMP WILL CRUSH THE BOND MARKET), (TLT), (TBT), ($TNX), (FCX), (FXE), (FXY), (FXA), (USO), (OXY), (ITB), (LEN), (HD), (GLD), (SLV), (CU), (THE NEW OFFSHORE CENTER: AMERICA) ??
Years ago, if you asked traders what one event would destroy financial markets the answer was always the same: China dumping it's $1 trillion US treasury bond hoard. It looks like Armageddon is finally here. Chinese sellers were a major factor in the recent break of ten-year US Treasury bond yields above 2.60%. They recently
Global Market Comments January 23, 2018 Fiat Lux Featured Trade: (KEEP A CLOSE EYE ON FREEPORT MCMORAN), (FCX), (COPPER), ($SSEC), (BHP), (RIO), (ECH), (CU), (WILL BITCOINS REPLACE THE $10,000 BILL), (GLD), (THE SERVICE JOB IN YOUR FUTURE), (MCD)
It is clear from the improving economic data from China that the hard landing scenario is off the table. It is all part of the synchronized global economic recovery that is powering financial markets everywhere. This is great news for the producers of everything that the Middle Kingdom buys in bulk, especially copper. If you
The conspiracy theorists will love this one. The IRS has long despised the barbaric relic (GLD) as an ideal medium to make invisible large transactions. Did you ever wonder what happened to $500, $1,000, $5,000, and $10,000 bills? Although the Federal Reserve claims on their website that they were withdrawn because of lack of use,
Anyone wondering about the long term future of the US economy is amazed at how fast it is evolving. There has been an unrelenting growth of services' share of American GDP, from 25% to 45% over the last sixty years. Far and away the fastest growth area for the past eight years has been health
Global Market Comments January 22, 2018 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or CLOSED FOR BUSINESS), (SPY), (TLT), (TBT), (GLD), (AAPL), (FB), (BUSINESS IS BOOMING AT THE MONEY PRINTERS) (TESTIMONIAL)
There is nothing quite like selling short sovereign bonds and then seeing the country in question go into default. That was a big trade during the 1970's and 1980's, when after two oil shocks the credit worthiness of emerging nations went into a tailspin. I think I made three round trips on Brazil alone. However,
I'm happy to renew my subscription to The Mad Hedge Fund Trader. This current, very perplexing market demands a coach advising you on what it is doing. If you do not step up to the plate and hit what is being pitched you will not succeed. The same is true with this market. With a
"An S&P 500 index fund never beats the index. There's fees, there's friction costs, and other costs involved," said Robert Reynolds, a manager at Putnam Investment Fund.
Global Market Comments January 19, 2018 Fiat Lux SPECIAL CLEVER OPTIONS TRADING ISSUE Featured Trade: (A CHEAP HEDGE FOR THIS MARKET), (VIX), (VXX), (XIV), (SPY), (HOW TO EXECUTE A VERTICAL BULL CALL SPREAD) (FB), (TESTIMONIAL)
The S&P 500 is now 5.66% above its 50-day moving average, the biggest gap in history, which itself is rising sharply. So financial advisors, pension fund managers, and cautious individuals have been ringing me up asking what is the best way to hedge already heady 2018 gains. You can forget about buying the Volatility Index
Global Market Comments January 18, 2018 Fiat Lux Featured Trade: (MAD HEDGE JANUARY 17 STRATEGY WEBINAR Q&A), (SPY), (GE), (TLT), (TBT), (EDIT), (GS), (BHGE), (USO), (WMT), (NTLA), (BABA), (LMT), (TRN), (FXA) (WHY THE REAL ESTATE BOOM HAS A DECADE TO RUN), (DHI), (LEN), (PHM), (DXJ)
Q: Will deflation outpace inflation given the rapid pace of technology? A: The answer is yes. We will get some inflation but not much. That's why I am calling the top in this interest rate cycle in the bond market at 4% instead of the 6%, 8%, or 10% we saw in earlier economic cycles.
Global Market Comments January 17, 2018 Fiat Lux Featured Trade: (THE BIG WINNER FROM INTEL'S CHIP DESIGN FLAW), (INTC), (NVDA), (AMD), (THE CONTINUING DEATH OF RETAIL), (AMZN), (WMT), (M), (JWN), (TESTIMONIAL)
Buy Intel (INTC) on the dip. That is the only conclusion you can reach after watching the company go through the meat grinder after revelations of its chip design flaws were made public. After following this company for four decades, that is always the correct kneejerk reaction. Certain industries suffer from inherent idiosyncratic risks unique
My next global strategy webinar will be held on Wednesday, January 17 at 12:00 PM EST, which I will be broadcasting live from Incline Village, Nevada. I'll be introducing a new co-host this week. Doug Robertson of OptionsEDU.com is an old friend and a battle-scarred veteran of the equity options market. Readers in the past
Yikes, holy smokes, and sweet mother of Mary! The S&P 500 (SPY) is up an eye-popping, gob smacking 4.2% so far in 2018, making up a third of my original 12% target for the entire year. Even more incredible is that it has gained nearly 10% in 30 days. If we continue to appreciate at