With the price of oil closing at a low on Friday of $48.33, you?d think I might be concerned. In actual fact, I could care less, am indifferent, unconcerned, and couldn't even give a rat?s ass. In actual fact, oil was exactly at $48.33 a year ago. If you?d taken a one year cruise around
?There?s nothing but tailwinds behind the American consumer. You?re creating a boatload of jobs, you?re creating all kinds of jobs. Wage growth is accelerating. The stock market is at record highs. The debt service burden is as low as it has ever been. And consumer confidence is back to pre recession levels,? said Mark Zandi,
Global Market Comments May 31, 2016 Fiat Lux Featured Trade: (WHAT?S ON YOUR PLATE FOR THIS WEEK), (SPY), (TLT), (FXY), (FXE), (USO), (GLD), (THE TEN BAGGERS IN CYBER SECURITY), (PANW), (FEYE), (HACK) SPDR S&P 500 ETF (SPY) iShares 20+ Year Treasury Bond (TLT) CurrencyShares Japanese Yen ETF (FXY) CurrencyShares Euro ETF (FXE) United States Oil
The Mad Hedge Fund Trader closed out a blockbuster month in May, increasing customer assets by a lip smacking 3.93%. The home runs were in short positions in the S&P 500 (SPY), the Japanese Yen (FXY), and the Euro (FXE), where we earned 10% to 16% a pop. We even caught an overnight drop in
The threat to America?s national security does not come from ISIS, Iran, Russia, or China. It is an online hack attack. That is the view of General Keith B. Alexander, who recently retired as the head of US Cyber Command after a lifetime in the intelligence business, the country?s principal online warrior. I discovered a
Global Market Comments May 30, 2016 Fiat Lux SPECIAL MEMORIAL DAY ISSUE Featured Trade: (A TRIBUTE TO A TRUE VETERAN)
Global Market Comments May 27, 2016 Fiat Lux Featured Trade: (THE MAD HEDGE DICTIONARY OF TRADING SLANG), (MY PERSONAL ECONOMIC INDICATOR), (HMC), (NSANY), (GM), (F), (TSLA) Honda Motor Co., Ltd. (HMC) Nissan Motor Co. Ltd. (NSANY) General Motors Company (GM) Ford Motor Co. (F) Tesla Motors, Inc. (TSLA)
"If you work forever, you can live forever,? said my friend and mentor, Blackrocks?s Byron Wien.
Global Market Comments May 26, 2016 Fiat Lux Featured Trade: (WHY I LOVE THE BANKS), (JPM), (WFC), (C), (XLF), (GS), (MS), (CMA), (BAC), (SO WHAT IS YOUR ?INFLUENCER? SCORE) JPMorgan Chase & Co. (JPM) Wells Fargo & Company (WFC) Citigroup Inc. (C) The Select Sector SPDR Trust - The Financial Select Sector SPDR Fund (XLF)
I love banks, especially American ones. I like those imposing, monumental edifices. I am attracted to those smooth marble surfaces. Those wrought iron grills at the teller windows are not to be trifled with. They all reek of safety, stability, and certainty. What better place to park your life savings. And I never hesitate to
?Negative interest rates are highly supportive of bonds and stocks. This could remain for quite some time,? said Dan Ivascyn, CIO of bond giant PIMCO. ?
Global Market Comments May 25, 2015 Fiat Lux SPECIAL SOLAR ISSUEFeatured Trade: (HOW TO BUY A SOLAR SYSTEM), (SCTY), (SPWR), (TSLA) SolarCity Corporation (SCTY) SunPower Corporation (SPWR) Tesla Motors, Inc. (TSLA)
It?s just a question of how long it takes Moore?s Law type efficiencies to reach exponential growth in the solar industry.Accounting for 2% of the country?s electrical power supply today, we are only six doublings away from 100%, when energy essentially becomes free.The next question beyond the immediate trading implications is ?What?s in it for
?Green technology is one of the best investment opportunities we?ve ever seen. We are used to seeing billion dollar market opportunities. Here, we?re seeing a trillion dollar opportunity.? said venture capitalist Steve Jurvetson.
Global Market Comments May 24, 2016 Fiat Lux Featured Trade: (DON'T MISS THE MAY 25 GLOBAL STRATEGY WEBINAR), (WHY I?M BUYING BONDS), (TLT), (TESTIMONIAL) iShares 20+ Year Treasury Bond (TLT)
Having flip-flopped twice so far in 2016, my bet is that the Federal Reserve flip-flops on its monetary policy, yet again. Yes, buying bonds may appear like high treason for someone who has been trading stocks for a half century (I?m currently reading the biography of Benedict Arnold, a deeply misunderstood man). I have made
John's newsletter is, in my view, the Secretariat of the investment newsletter derby. No one else is even a close second.Gary New Jersey
?Without profits, the market can?t go anywhere,? said independent research consultant David Darst.
Global Market Comments May 23, 2016 Fiat Lux Featured Trade: (ARE STOCKS LYING?), (SPY), (UUP), (FXE), (EUO), (GLD), (TLT), (USO), (SHORT SELLING SCHOOL 101), (SH), (SDS), (PSQ), (DOG), (RWM), (SPXU), (AAPL), ?(VIX), (VXX), (IPO), (MTUM), (SPHB), (HDGE) SPDR S&P 500 ETF (SPY) PowerShares DB US Dollar Bullish ETF (UUP) CurrencyShares Euro ETF (FXE) ProShares UltraShort
In the wake of the Fed?s Wednesday flip-flop, I?m sitting here looking at my screens. The dollar, Euro, Yen, US Treasury bonds, commodities, gold, silver, and oil all say interest rates are RISING on June 17. Stocks are saying they?re FALLING. The million-dollar question is: Who?s lying? My bet is that it?s stocks that are