There was so much enthusiasm for China only a month ago. A stimulus package was announced, a massive short-covering rally ensured, and finally, after a three-year hiatus, China was back in play. Several hedge funds announced major commitments to the Middle Kingdom. Here we are only three weeks after the US presidential election, and China
Global Market Comments November 27, 2024 Fiat Lux Featured Trade: (THE REAL ESTATE CRASH COMING TO A MARKET NEAR YOU), (THE FALLING MARKET FOR KIDS)
Hardly a day goes by when a reader doesn’t ask me when the Australian real estate bubble is going to burst. They are right to be concerned. In the table below, Sydney is ranked as the second most expensive market in the world at 12.2 times the local median pre-tax household annual income. It is
Until the 19th century, children used to provide income and security for their parents as they worked on the family farm. That dynamic continued when industrialization brought families into the cities and kids into the factories. Since then, children have been a great short. A hundred years of state-mandated education and child labor laws increased
Global Market Comments November 26, 2024 Fiat Lux Featured Trade: (TRADING THE KENNEDY ASSASSINATION)
Passing through Dallas, Texas on the way to a previous Mad Hedge Strategy Luncheon a few years ago, I couldn’t help but remember the assassination of President John F. Kennedy on November 22, 1963, some 57 years ago today. The tragedy offers valuable lessons for today’s traders, although we have to travel a somewhat circuitous
"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 November 25, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or WHAT TO DO ABOUT NVIDIA), plus THE WORLD’S WORST INVESTOR), (NVDA), (GLD), (JPM), (JPM), (NVDA), (BAC), (C), (CCJ), (MS), (BLK) (TSLA), (TLT)
Boy, did I make the right move going into the election? I always have a propensity to reduce risk going into a major event. Let the newbies stick their necks out. I’ll collect the low-hanging fruit afterward while trampling over their bodies. As they used to say at Morgan Stanley, “It’s the pioneers who get
“Wars are easier to get into than to get out of,” said former Secretary of Defense, Robert M. Gates.
Global Market Comments November 22, 2024 Fiat Lux Featured Trade: (WEDNESDAY, JANUARY 22, 2025 ST AUGUSTINE FLORIDA STRATEGY LUNCHEON) (NOVEMBER 20 BIWEEKLY STRATEGY WEBINAR Q&A), (NVDA), (TSLA), (TLT), (OXY), (SLB), (MSTR), (USO), (PLTR), (SMCI), (KRE), (SMR), (UUP)
Below, please find subscribers’ Q&A for the November 20 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Lake Tahoe, Nevada. Q: What are your stock recommendations for the end of the first quarter of 2025? A: I say run with the winners. Dance with the girl who brought you to the dance. I think
Global Market Comments November 21, 2024 Fiat Lux Featured Trade: (THURSDAY, JANUARY 16, 2025 SARASOTA FLORIDA STRATEGY LUNCHEON) (TEN REASONS WHY I ONLY EXECUTE VERTICAL CALL DEBIT SPREADS) (AAPL), ($VIX), (SPY)
Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Luncheon, which I will be conducting in Sarasota, Florida on Thursday, January 16, 2025. The cost of the luncheon will be $277. An excellent meal will be followed by a wide-ranging discussion and an extended question and answer period. I’ll be
At today’s Mad Hedge Biweekly Strategy Webinar, I received an excellent question: Why is the Vertical Call Debit Spread my favorite trading vehicle? So let me ask you this: How would you like to play blackjack now that the dealer would bust 90% of the time? What if you played roulette with the assurance that
Global Market Comments November 20, 2024 Fiat Lux Featured Trade: (THE JOHN THOMAS BIOGRAPHY IS OUT) (THE EIGHT WORST TRADES IN HISTORY)
After decades of pestering, pleading, and cajoling, I have finally completed the first volume of my autobiography, John Thomas – A Life Well Lived. The online PDF contains 100 chapters, hundreds of color pictures, and my best memories over the last 60 years. You will not be disappointed. The book was written on Transatlantic cruises
"Interest rates are the physical gravity of financial assets. The lower they are, the higher assets will levitate," said Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, a leading hedge fund of funds.
Global Market Comments November 19, 2024 Fiat Lux Featured Trade: (JANUARY 10 MIAMI FLORIDA STRATEGY LUNCHEON) (THE MAD HEDGE DICTIONARY OF TRADING SLANG), (TESTIMONIAL)
I am basically writing this email to thank you so much for coming to Australia. Thank you again for sparing the time, for being present to hear our questions, for sharing your valued insights and knowledge and in addition to all that thank, you for your friendship. As I said on the occasion, I was