I never cease to be impressed with the readers of this newsletter. I was reminded of this once again in Salt Lake City, Utah a few weeks ago. Readers seem to fall into three categories. 1) Entrepreneurs whose businesses become so successful that they are throwing off plenty of excess cash to invest. This led
Global Market Comments February 25, 2025 Fiat Lux Featured Trade: (WHY YOUR OTHER INVESTMENT NEWSLETTER IS SO DANGEROUS)
Global Market Comments February 24, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE DOWNSIDE OF DOGE, plus THE LAST GLASS OF KOOL-AID) (SPY), (TLT), (GS), (VST), (TSLA), (WMT), (UNH)
Let’s engage in a thought experiment here. Let’s assume that the new government is successful in all its goals and government spending is cut by $2 trillion. That is 7.2% of the $27.2 trillion US GDP. A loss of that magnitude of economic activity is known as a recession on the order of the one
“Apple is an electric utility now. People don’t want them changing the wall sockets. People will pay them not to change,” said Roger McNamee, cofounder of venture capitalist Elevation Partners.
Global Market Comments February 21, 2025 Fiat Lux Featured Trade: (THE DEATH OF THE FINANCIAL ADVISOR)
About one-third of my readers are professional financial advisors who earn their crust of bread telling clients how to invest their retirement assets for a fixed fee. They used to earn a share of the brokerage fees they generated. After stock commissions went to near zero, they started charging a flat 1.25% a year on
“The car business is hell,” said founder Elon Musk, when announcing he would sleep in the Fremont Tesla factory until Model S production reached 2,500 units a week.
Global Market Comments February 20, 2025 Fiat Lux Featured Trade: (HOW TO HEDGE YOUR CURRENCY RISK), (FXA), (UUP), (TESTIMONIAL)
Global Market Comments February 19, 2025 Fiat Lux Featured Trade: (HOW TO HANDLE THE FRIDAY, FEBRUARY 21 OPTIONS EXPIRATION), (AND MY PREDICTION IS….), (TESTIMONIAL)
Followers of the Mad Hedge Fund Trader alert service have the good fortune to own three in-the-money options positions that expires on Friday, February 21, and I just want to explain to the newbies how to best maximize their profits. This involves the: Current Capital at Risk Risk On (NVDA) 2/$90-$95 call spread
Take those predictions, forecasts, and prognostications with so many grains of salt. They have a notorious track record for being completely wrong, even when made by the leading experts in their fields. In preparing for my autumn lecture series, I came across the following nuggets and thought I’d share them with you. There are some
I don't know what I would do without John Thomas's information. It is informative and entertaining. In the past 2 years, I have almost doubled my portfolio, something I couldn't have done on my own. As a military member, he has enabled me to ensure that I will not only be able to retire on
Global Market Comments February 18, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or THE TALE OF TWO MARKETS) (GS), (TSLA), (NVDA), (VST)
While trading one market is hard enough, two is almost more than one can bear. In fact, we have all been trading two markets since 2025 began. On the up days, it appears that the indexes are about to break out of a tediously narrow trading range. The market’s inability to go down is proof
Global Market Comments February 14, 2025 Fiat Lux Featured Trade: (FEBRUARY 12 BIWEEKLY STRATEGY WEBINAR Q&A), (MCD), (FSLR), (META), (GOOG), (AMZN), (JNK), (HYG), (F), (GM), (NVDA), (PLTR), (INTC)
Below, please find subscribers’ Q&A for the February 12 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Incline Village, NV. Q: Can Nvidia (NVDA) go to $200 in the next three years? A: I would imagine probably, yes. They still have a fabulous business—enormous orders and record profits. But it's not going to happen
Global Market Comments February 13, 2025 Fiat Lux Featured Trade: (REVISITING THE GREAT DEPRESSION), (EXPLORING MY NEW YORK ROOTS)
When I first arrived on Wall Street during the early 1980s, some of the old veterans who worked through the 1929 stock market crash were just retiring and passed their stories on to me before they left. One was my old friend, Sir John Templeton, founder of the Templeton funds, who often hosted me for
While in New York waiting to board Cunard’s Queen Mary 2 to sail for Southampton, England, a few years ago, I decided to check out the Bay Ridge address near the Verrazano Bridge where my father grew up. I took a limo over to Brooklyn and knocked on the front door. I told the owner
