Global Market Comments June 16, 2016 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE JUNE 20 LONDON STRATEGY LUNCHEON), (BE CAREFUL WHO YOU SNITCH ON), (COULD YOU QUALIFY TO BECOME A US CITIZEN?)
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in London on Monday, June 20, 2016. A three course lunch will be provided.I?ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate.And to keep you in
Buried in the Dodd-Frank financial reform bill are massive financial rewards for turning in your boss. The SEC is hoping that multimillion dollar rewards amounting to 10%-30% of sanction amounts will drive a stampede of whistleblowers to their doors with evidence of malfeasance and fraud by their employers.If such rules were in place at the
The coming Fourth of July celebration brings back memories of my late wife?s campaign to become an American citizen. She originally came from Japan.Part of the process required a verbal quiz about US history and government. Our family spent a year energetically prepping her, with nightly grillings over dinner about the most obscure details of
?If there were no way to short stocks, the probability of stock market bubbles would be much greater,? said hedge fund manager, Bill Ackman, of Pershing Square.
Global Market Comments June 15, 2016 Fiat Lux Featured Trade: (TRADING THE KENNEDY ASSASSINATION)
There is not a person alive my age who does not remember the assassination of President John F. Kennedy, on November 22, 1963, nearly 53 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 epochal events, where people remember exactly
?Ask not what your country can do for you, but what you can do for your country,? said John F. Kennedy, America?s 35th president.?
Global Market Comments June 14, 2016 Fiat Lux Featured Trade: (TAKING OFF FOR EUROPE), (TESTIMONIAL)
Terrorist attacks, mass beheadings, and crashing airlines all spell one thing to me. Travel bargains! Of course, my first choice for a vacation destination this year was the civil war in Syria, so I could find out on the ground what is really happening there. In addition, I could shop for a refugee camp in
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 also
?It doesn?t take Herculean assumptions to get to $125 for S&P 500 earnings this year. Slap a 16 multiple on that, and you get 2,000 for the index,? said Brian Jacobson of Wells Fargo Advantage Partners.
Global Market Comments June 13, 2016 Fiat Lux (WHAT?S ON YOUR PLATE FOR THIS WEEK), (SPY), (MUB), (THE PASSING OF A GREAT MAN), (JUNE 20 LONDON STRATEGY LUNCHEON) SPDR S&P 500 ETF Trust (SPY) iShares National Muni Bond (MUB)
Talk about someone sucking all the air out of the room! That?s what Federal Reserve chairwoman Janet Yellen is doing, keeping us on the edge of our seats until 2:00 PM Wednesday, when the Open Market Committee?s decision on interest rates is announced. Will she, or won?t she? The bigger question is whether stocks will
It was with a heavy heart that I boarded a plane for Los Angeles a few years ago to attend a funeral for Bob, the former scoutmaster of Boy Scout Troop 108.The event brought a convocation of ex-scouts from up and down the West coast, and said much about our age.Bob, 85, called me two
?Outsourcing is quickly becoming mostly outdated as a business model,? said GE CEO, Jeffrey Immelt.
Global Market Comments June 10, 2016 Fiat Lux Featured Trade: (JULY 9 FLORENCE, ITALY GLOBAL STRATEGY LUNCHEON), (MY YEAREND STOCK MARKET VIEW), (SPY), (QQQ), (PANW), (GILD), (IBB), (BAC), ?(AAPL), (KBE), (GS), (LEN), (USO), (DIS), (SAN FRANCISCO?S LONG SUFFERING RENTERS ?TAKE ANOTHER HIT) SPDR S&P 500 ETF Trust (SPY) PowerShares QQQ Trust, Series 1 (QQQ) Palo
I hate to be the bearer of sad tidings guys. But I think the choppy, volatile, trendless, trading conditions we are all suffering right now will continue for a few more weeks. The risk/reward ratio for initiating new positions here is terrible. If you are long and right, you might eke out another two or
The San Francisco Bay area?s beleaguered renting class moaned again when the social media giant, Twitter (TWTR) finally went public a couple of years ago.The deal immediately placed $1.82 billion into the pockets of early shareholders, almost all of whom live near the company?s San Francisco headquarters.This is adding insult to injury to those in
Global Market Comments June 9, 2016 Fiat Lux Featured Trade: (JULY 7 DUBROVNIK, CROATIA GLOBAL STRATEGY LUNCHEON) (TACKLING THE INFLATION MYTH), (AAPL), (GOOG), (TWTR), (FB), (THE CALL YOU DREAD TO GET) Apple Inc. (AAPL) Alphabet Inc. (GOOG) Facebook, Inc. (FB) Twitter, Inc. (TWTR)