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
As a large number of new subscribers just poured in, I invite them to sign up for our text messaging service. Paid subscribers are able to receive instantaneous text messages of my proprietary Trade Alerts. This eliminates frustrating delays caused by traffic surges on the Internet itself, and by your local server. This service is
Global Market Comments November 17, 2017 Fiat Lux Featured Trade: (WHY ENERGY WILL MAKE YOUR 2018 PERFORMANCE), (USO), (XOM), (CVX), (OXY), (EPD), (AMLP), (MPLX), (WHY YOUR OTHER INVESTMENT NEWSLETTER IS SO DANGEROUS)
I have traveled in the Middle East for 50 years. When I first hitch hiked across North Africa in 1968, camels were everywhere, and most of the population was barefoot. These are the things I recall when dictator Muammar Gaddafi was deporting me from Libya. When I grew up a few years later, I covered
Global Market Comments November 16, 2017 Fiat Lux Featured Trade: (STANDBY FOR THE COMING GOLDEN AGE OF INVESTMENT), (SPY), (INDU), (FXE), (FXY), (UNG), (EEM), (USO), (TLT), (NSANY), (TSLA)
"By historic, fundamental measures, stocks are extremely high. PE multiples are at 100 years highs. But if you look at stock prices relative to interest rates, they are exactly where they should be" said hedge fund legend, Stanley Druckenmiller.
Global Market Comments November 15, 2017 Fiat Lux Featured Trade: (NVIDIA REPORTS...STOCK ROCKETS, AGAIN), (NVDA), (IBM), (HPQ), (TSLA), (DVMT), (IS USA, INC. A "SELL")
Last year, whenever anyone asked me for a stock most likely to double in 2017, I uniformly responded with the same name: NVIDIA (NVDA). For me, it was a no-brainer. The processor manufacturer occupied the nexus of the entire movement towards machine learning and artificial intelligence, and then was still relatively unknown. I lied. The
What would happen if I recommended a stock that had no profits, was losing billions of dollars a year, and had a net worth of negative $44 trillion? Chances are, you would cancel your subscription to the Mad Hedge Fund Trader, demand a refund, unfriend me on Facebook, and unfollow me on Twitter. Yet, that
"The rule of thumb is to do your homework, do your analysis, don't give up prudent risk management for the sake of certain fads. Look for real valuations, and stay true to your time frames," said Marc Chandler, the global head of currency strategy at Brown Brothers Harriman.
Global Market Comments November 14, 2017 Fiat Lux Featured Trade: (I HAVE AN OPENING FOR THE MAD HEDGE FUND TRADER CONCIERGE SERVICE), (HOW TO HANDLE THE FRIDAY, NOVEMBER 20 OPTIONS EXPIRATION), (AAPL), (TLT), (THE FAT LADY IS SINGING AGAIN FOR THE BOND MARKET)
We have the good fortune to have an options position left that expires on Friday, November 17 and I just want to explain to the newbies how to best maximize their profits. This involves: The US Treasury Bond Fund (TLT) November 2017 $127-$129 vertical bear put spread Provided that we don't have a monster "RISK
You have just been adopted by a new rich uncle. I doubled my short position in the US Treasury bond market last week (TLT). Furthermore, I'll be using any subsequent price rise to sell more bonds, roll forward put options, put spread options positions, buy LEAPS, sell short bond futures, and buy the ProShares Ultra
Global Market Comments November 13, 2017 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, OR THE TAX BILL COMES DUE) (INDU), (TLT), (GLD), (NVDA) (WHY TECHNICAL ANALYSIS DOESN'T WORK) (TESTIMONIAL)
Finally, investors were reminded of the fact that stocks don't rise in value every day like a sinecure. We even witnessed a rare $250 point draw down in the Dow Average. In 2017, these have become as rare as hen's teeth. You can thank the Republican Party's proposal to delay all corporate tax cuts to
