The confidence you have given me to enter the USD:JPY spot positions have returned me in excess of $1,500,000 in the last few months. I'll be in California next year. Can't wait to catch up. Dinner is on me, both times! I know you said you aren't retiring until you're well into your seventies. Why
Global Market Comments November 29, 2017 Fiat Lux Featured Trade: (STOCK POP, BANKS ROCK), (BAC), (JPM), (GS), (MS), (WFC), (PRINT YOUR OWN CAR), (TESTIMONIAL)
I can't tell you how much I enjoy your blog. It is the first place I go every morning and I miss you on the weekends. I stumbled upon your site about 4 months ago and have been addicted to it since day one. I really appreciate not only your insight into the markets, but
"You make the most money when things go from terrible to only bad." said Tim Seymour of emerging market hedge fund, Triogem Asset Management.
Expect to hear a lot about ignition in the next year. No, I don't mean the rebuilt ignition for the beat up '68 Cadillac El Dorado up on blocks in your front yard. I'm referring to the inauguration of the National Ignition Facility next door to me at Lawrence Livermore National Labs in Livermore, California.
So, what am I talking about here? Blue chip growth stocks? Diamonds? Residential real estate? Gold? No, I am talking about grand pianos manufactured by Steinway & Sons of Queens, New York. Did you say pianos? Yup, the kind with which you sit down and play "As Time Goes By." (Casablanca). During the 19th century,
"Bonds are priced artificially because you've got some guy buying tens of billions of dollars worth a month. That will change at some point, and when it does, people are going to lose a lot of money." said Oracle of Omaha, Warren Buffett.
Global Market Comments November 27, 2017 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, OR THE GREAT ONLINE MIGRATION HAS BEGUN), (AMZN), (BBY), (SOXX), (WILL YOUR HOME SURVIVE THE TAX BILL?), (IYR), (DHI), (LEN), (PUL)
Holy smokes! I was in the Reno, Nevada Best Buy (BBY) the day before Black Friday and I couldn't believe my eyes. Stacked to the ceiling were piles of 65 inch 4k ultra smart LED HDTV's priced at only $799.99. That is $300 off the regular price. I paid $4,000 for one of these four
After riding the gravy train for six fabulous years, real estate agents are now wringing their hands over the futures of home prices. The top question asked at open houses these days is whether the loss of home mortgage interest and local and state tax deductions will bring the market to a screeching halt. Should
Global Market Comments November 24, 2017 Fiat Lux Featured Trade: (MAD HEDGE WEBINAR Q&A FOR NOVEMBER 22, 2017), (VIX), (VXX), (GE), (GILD), (GS), (JPM), (WFC), (TLT), (GLD), (ABX), (GDX), (AAPL), (UUP), (DXJ), (SQ)
Q: Is it time to take a punt on the volatility index with the Volatility Index (VIX) this low? Paul in Florida A: The answer is yes, but here's the rule of thumb on long (VIX) trades. Go deep out of the money, long dated, and small in size. This kind of market has been
"I only invest in beer drinking countries, never wine drinking countries," said Ben Horowitz, co-founder of venture capital firm Andreeson Horowitz. ??
Global Market Comments November 22, 2017 Fiat Lux Featured Trade: (TRADING THE KENNEDY ASSASSINATION)
Passing through Dallas, Texas on the way to my Strategy luncheon, I couldn't help but remember the assassination of president John F. Kennedy, on November 22, 1963, over 50 years ago. The tragedy offers valuable lessons for today's traders, although we have to travel a circuitous route to get there. It was one of those
Global Market Comments November 21, 2017 Fiat Lux Featured Trade: (DON'T LET THOSE UNICORNS BITE YOU IN THE ASS), (APRN), (SNAP), (GPRO), (SQ), (TSLA), (TESTIMONIAL)
With the stock market at all-time highs, the IPO engine is starting to rev up once again. Hardly a day goes by without an investor asking me if they should take the latest high tech stock allocation being offered by their broker. My answer is always the same: No, not with my money, not with
From the start, I have really enjoyed the newsletters and webinars. My day begins at 0700 AM reading about your global adventures with a big smile. And you keep amazing me with your financial skills and somehow always seem to surprise me with an original market view and a constant stream of new stock discoveries.
Global Market Comments November 20, 2017 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, OR DUCKING THAT PUNCH), ($INDU), (TLT), (BITCOIN), (UUP), (JNK), (SJB), (SIGN UP NOW FOR TEXT MESSAGING OF TRADE ALERTS)
When I trained for the Japan National Karate Championships, fought in Tokyo's fabled Nippon Budokan 45 years ago, there was one rule my sensei never failed to beat into me. Ducking the punch is far more important than landing one. Certainly stock market traders took that rule to heart last week. Four out of five