With the December 15 options expiration only five trading days away, we have the good fortune to have four profitable deep in-the-money options positions. Those include: The Bank of America (BAC) December, 2017 $25-$26.50 in-the-money vertical BULL CALL spread The iShares Barclays 20+ Year Treasury Bond Fund (TLT) December, 2017 $129-$131 in-the-money vertical BEAR PUT
Holly smokes! You really did it with the UNG trade earlier this year. Up 25% in two hours? How did you do that? It was the best trade you've ever done. It's the best trade I've ever done. It was the right thing to do at the right time. And you had the balls to
"Investing and investment is the one sphere of life where victory, security, and success are always to the minority and never to the majority. When you find anyone agreeing with you, change your mind," said the famous economist, John Maynard Keynes.
Global Market Comments December 7, 2017 Fiat Lux Featured Trade: (MAD HEDGE WEBINAR Q&A FOR DECEMBER 6, 2017), (NVDA), (TLT), (AAPL), (USO), (DAL), (XLK), (FXB), (M), (WHY WARREN BUFFETT HATES GOLD), (GLD), (GDX), (ABX)
Q: Is NVIDIA (NVDA) in buy territory yet? A: The answer is no. The whole technology area is wildly overdue for a rest. I'll take a look at $160. Q: Is technology (XLK) over, or is this a brief dip and a continued uptrend? A: There will be a continued uptrend in technology and the
Global Market Comments December 6, 2017 Fiat Lux Featured Trade: (DECEMBER 6 GLOBAL STRATEGY WEBINAR), (BANK OF AMERICA IS BREAKING OUT ALL OVER), (BAC), (XLF), (TLT) (SIGN UP NOW FOR TEXT MESSAGING OF TRADE ALERTS)
My next global strategy webinar will be held on Wednesday, December 6 at 12:00 PM EST, which I will be broadcasting live from Silicon Valley in California. Mad Day Trader Bill Davis will be my willing coconspirator. I'll be giving you my updated outlook on stocks, bonds, commodities, currencies, precious metal, and real estate. The
The prospect of the signing of a new tax bill has been like waving a red flag in front of a bull for Bank of America (BAC) shares. What did the stock do? It rocketed by 11.32% in a week, along with the rest of the market, hitting $29.50. The shares appear to be taking
"The red light on a television camera going on has the same effect on members of congress as a full moon does on werewolves." said former Secretary of Defense, Robert Gates.
Global Market Comments December 5, 2017 Fiat Lux Featured Trade: (TRADING THE NEW TAX BILL), (AAPL), (FB), (BAC), (IWM), (TLT), (X), (UNP), (XOM), (WHAT I HEARD ABOUT GM AT DINNER LAST NIGHT), (GM), (F), (TM), (TSLA)
The greatest remaking of the US economy in history looks like it is about to be signed into law. I have been running the numbers, and the impact on your portfolio is pretty clear-cut. I'll summarize the high points and then go into detail on each measure. 1) It will create a higher high in
It was the kind of dinner invitation I couldn't turn down. What I learned was amazing. I usually prefer to spend my evenings at home catching up on my research, calling customers, and plotting my next great Trade Alert. So, it takes a lot to get me out of my cozy digs, especially during an
"He who sacrifices freedom for security deserves neither" said Benjamin Franklin, the Revolutionary War US ambassador to Paris and signer of the Declaration of Independence.
Global Market Comments December 4, 2017 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, OR THE CHICKENS COME HOME TO ROOST), (DECEMBER 6 GLOBAL STRATEGY WEBINAR), (CHICAGO WEDNESDAY, DECEMBER 27 GLOBAL STRATEGY LUNCHEON)
Well what an interesting day that was! News that former National Security Advisor Michael Flynn had been arrested and turned state's evidence against the president, his family, and his campaign, ignited the most volatile day of 2017. The Dow Average crashed 350 points in minutes as thousands of pre programmed algorithms simultaneously kicked on the
"Short term volatility creates long term opportunity," said Rupal Bhansali, of the Ariel International Fund.
Global Market Comments December 1, 2017 Fiat Lux Featured Trade: (THURSDAY DECEMBER 28 MINNEAPOLIS STRATEGY LUNCHEON), (THE BRAVE NEW WORLD OF ONLINE RETIALING), (SFIX), (M), (KSS), (GPS), (JCP) (BIDDING FOR THE STARS), (SPX), (INDU), (TESTIMONIAL)
In my wealth management practice, you helped me finesse September like a virtuoso. As my client's investments were crashing through their stops...I hung on. Your sage counsel helped me ignore the noise, focus on the numbers and add to positions at a great entry point. The scar tissue you've built up over your career is
Global Market Comments November 30, 2017 Fiat Lux Featured Trade: (THE SILICON MELTDOWN FINALLY HITS), (NVDA), (LRCX), (TSLA), (AMZN), (GS), (THE GOVERNMENT'S WAR ON MONEY), (TESTIMONIAL)
When I lived as a student in West Berlin during the 1960s, I had a nice little side business. I organized weekend walking tours through the Berlin Wall at Checkpoint Charlie to visit East Berlin for American students too afraid to go alone. To pay for it, I smuggled US dollars my customers paid me