Trading Devoid of the Thought Process With every major index rolling around like a BB in a boxcar (SPY), (QQQ), (IWM), the day to day call has become almost impossible. The Mad Hedge Market Timing Index is now showing “Extreme Fear” with a reading of 20, never a good time to initiate a new short.
Global Market Comments March 8, 2018 Fiat Lux Featured Trade: (SO, WHERE'S THE CRASH?), (GS), (INTC), (CSCO), (VXX), (TLT), (DON'T GET SCAMMED BY THE MUTUAL FUNDS)
When I heard that White House economic advisor and former Goldman Sachs (GS) CEO Gary Cohen resigned, I thought the Dow Average would crash 1,000 points. Sure enough, the overnight futures markets was already reflecting down 450. So, I spent last night writing up Trade Alerts to execute at the market opening. Laid out neatly
"Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost by corrections themselves," said the legendary Fidelity money manager, Peter Lynch, who once told me I was the dumbest broker he had ever met.
Global Market Comments March 7, 2018 Fiat Lux Featured Trade: (TAKE A LEAP INTO LEAPS), (AAPL), (TESTIMONIAL), (OPTIONS FOR THE BEGINNER)
Global Market Comments March 6, 2018 Fiat Lux Featured Trade: (GETTING AHEAD OF THE TECHNOLOGY CURVE), (SQM), (GOOGL), (FB), (AAPL) (ANOTHER REASON FOR APPLE TO GO TO NEW HIGHS, or THE INCREDIBLE DISAPPEARING US STOCK MARKET), (NOC), (CSX), (MMM), (UTX), (MSFT), (INTC), (CSCO), (TRV), (GPS), (BBBY), (MCD)
Stay ahead of the curve. That has been my seminal lesson after 50 years of trading the global financial markets. Stay ahead of the curve, and riches will shower down upon you. Fall behind the curve, and life will become dull, mean, and brutish, and very poorly compensated. Fortunately, I learned that crucial lesson early
Now you see it, now you don't. If you think this was some kind of magic show, you'd be right. For what has been disappearing is the US stock market. American companies have been buying their own shares back at a frenetic pace, some $5 trillion worth in the last six years. And since the
Global Market Comments March 5, 2018 Fiat Lux SPECIAL STEEL ISSUE Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or EVERYTHING YOU ALWAYS WANTED TO KNOW ABOUT STEEL) (X), (GM), (WEAT), (AAPL), (JPM), (BA), (K), (THE FIRST TRADES IN THE TRADE WAR HAVE BEEN FIRED AND YOU GOT HIT), (X), (F), (GM), (TM)
We certainly have gotten a crash course on the global steel industry over the past few days. I, on the other hand already knew the intricacies of this complex industry, as I was the Iron and Steel Correspondent for the Australian Financial Review during the 1970's. I had to write an original news story about
There is no doubt about it. The opening shots of a global trade war have been fired. The bad news is that you got hit. And we may have to suffer another Great Depression before these errant policies get reversed. That's what happened last time. Today we learned that the administration is imposing an emergency
Global Market Comments March 2, 2018 Fiat Lux Featured Trade: (FEBRUARY 28 GLOBAL STRATEGY WEBINAR Q&A), (GOOGL), (AAPL), (SPY), (LEN), (FCX), (FXY), (NOTICE TO MILITARY SUBSCRIBERS) ??
Below please find subscribers Q&A for the Mad Hedge Fund Trader February 28 Global Strategy Webinar. As usual, every asset class long and short was covered. You are certainly an inquisitive lot! Q: Will we retest the 200-day moving average? A: No, we won't. With the last test of the 200-day, we didn't even get
To the dozens of subscribers in Afghanistan and the surrounding ships at sea, thank you for your service! I think it is very wise to use your free time to read my letter and learn about financial markets in preparation for an entry into the financial services when you muster out. Nobody is going to
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Global Market Comments February 28, 2018 Fiat Lux SPECIAL BERKSHIRE HATHWAY ISSUE Featured Trade: (ON WARREN BUFFET'S 2017 LETTER TO SHAREHOLDERS), (BRK/A), (AAPL), (IBM), (AXP), (KO), (WFC), (BAC), (BNSF), (BHE), (WMT) ??
I have been reading Warren Buffet's annual letter to his Berkshire Hathaway (BRK/B) shareholders for 41 years. During this time, I can't recall reading a single page that did not improve my own trading and investment skills. This years was no different. Of course, it helps that Warren was a founding subscriber to my own
Global Market Comments February 27, 2018 Fiat Lux Featured Trade: (FEBRUARY 28 GLOBAL STRATEGY WEBINAR), (THE UNITED STATES OF DEBT), (TESTIMONIAL) ??
"You make the most money when things go from terrible to only bad." said Tim Seymour of emerging market hedge fund, Triogem Asset Management.
Global Market Comments February 26, 2018 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE PHONY WAR (SPY), (AMZN), (MSFT), (NFLX), (VIX), (TLT), (USING MOMENTUM STOCKS TO CALL THE MARKET), (MTUM)
