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
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)
