Once again, I am writing to you from poolside cabana B-2 at the posh Bellagio Hotel in Las Vegas. It is a baking hot 100 degrees in the shade and the air is bone-dry, so I?m draining my third strawberry daiquiri for the day.The days when I risked getting dragged out to the parking lot
?Most of the time, stocks are in a zone of reasonableness. I think stocks are reasonable now,? said Oracle of Omaha, Berkshire Hathaway?s Warren Buffett.
Global Market Comments May 4, 2016 Fiat Lux Featured Trade: (WHY THE MARKETS HAVE GONE INSANE THIS YEAR), (FXY), (USO), (SPY), (FXE), (VRX), (AAPL), (A SPECIAL NOTE ON EXERCISED OPTIONS) CurrencyShares Japanese Yen ETF (FXY) United States Oil (USO) SPDR S&P 500 ETF (SPY) CurrencyShares Euro ETF (FXE) Valeant Pharmaceuticals International, Inc. (VRX) Apple Inc.
A market where both fundamental research and technical analysis are utterly useless and everything goes the opposite of where it should is no place for me. Despite having negative interest rates and the world?s worst fundamentals, the Japanese yen has been skyrocketing since the beginning of February. The last time the yen (FXY), (YCS) moved
I received a few emails from readers whose option holdings have already been exercised against them, and have asked me for advice on how best to proceed. In the last few months, we have enjoyed several positions that have gone deep in the money, earning tidy profits. So, it is important that we tread carefully
?There were three things the Russians were afraid of: AIDS, Jewish people, and Ronald Reagan. They were afraid he was going to push the button,? said KGB defector, Jack Barsky.
Global Market Comments May 3, 2016 Fiat Lux Featured Trade: (THE IRS LETTER YOU SHOULD DREAD), (PANW), (CSCO), (FEYE), ?(CYBR), (CHKP), (HACK), (SNE), (TESTIMONIAL) Palo Alto Networks, Inc. (PANW) Cisco Systems, Inc. (CSCO) FireEye, Inc. (FEYE) CyberArk Software, Ltd. (CYBR) Check Point Software Technologies Ltd. (CHKP) PureFunds ISE Cyber Security ETF (HACK) Sony Corporation (SNE)
I knew the letter from the IRS sitting in my mail box was bad news just from the color of the paper. It was not light green, the color of a refund check from the United States Treasury. Instead, it was white, warning that it contained some sort of demand, audit notice, or threatened legal
Just a quick note of appreciation for your helping me decide to get my clients into (GLD) with a 15% allocation early this year.It sure has helped me to be more of a hero to my clients this year than a goat?Best wishes to you and yours!? Keep ?em coming. Brad Bakersfield, California
"In Italy, for 30 years under the Borgias, they had warfare, terror, murder and bloodshed, but they produced Michelangelo, Leonardo da Vinci and the Renaissance. In Switzerland they had brotherly love, they had 500 years of democracy and peace - and what did that produce? The cuckoo clock,? said the filmmaker, Orson Wells.
Global Market Comments May 2, 2016 Fiat Lux Featured Trade: (HOW THE REST OF 2016 WILL PLAY OUT IN THE MARKETS), (SPY), (QQQ), (IWM), (GLD), (UUP), (KISS THAT UNION JOB GOODBYE), (TESTIMONIAL) SPDR S&P 500 ETF (SPY) PowerShares QQQ ETF (QQQ) iShares Russell 2000 (IWM) SPDR Gold Shares (GLD) PowerShares DB US Dollar Bullish ETF
Down, then up, then up some more. That?s all you need to know. The stock market will mirror the economy with a three-month lag, as it always does. That calls for a 10% correction in stocks from the recent $2100 peak going into the summer, then a monster rally to new highs going into the
Those of you counting on getting your old union assembly line job back in Detroit can forget it.The eight year forecast published by the Bureau of Labor Statistics shows that 4.19 million jobs will be gained in the US in professional and business services, followed by 4 million health care and social assistance jobs, while
Going to renew my membership today because you provide great ideas. I think you have a lot of integrity in your messages.? We may not agree politically, but you have nailed many of the concepts you shepherd.? I have become a fan and look forward to your writing every day.Don Cleveland, OhioI?m Such a Saint!
Global Market Comments April 29, 2016 Fiat Lux SPECIAL REIT ISSUEFeatured Trade: (THE DEATH OF THE MALL), ? (SPG), (MAC), (TCO) Simon Property Group Inc. (SPG) The Macerich Company (MAC) Taubman Centers, Inc. (TCO)?
We?ve all heard this story before. Malls are dying. Commerce is moving online at breakneck pace. Investing in retail is a death wish. No less a figure than Bill Gates, Senior told me that in a decade malls would only be inhabited by climbing walls and paintball courses, and that was a decade ago. Except
"There is tremendous amounts of money sitting on the sidelines. There is enormous M&A activity. The greatest thinkers in the corporate world are saying that it is cheaper to buy than to build. This says to me that the stock market still has value in it. We?re a long way from expensive,? said Milton Ezrati,
Global Market Comments April 28, 2016 Fiat Lux Featured Trade: (JUMPING BACK INTO APPLE), (AAPL), (THE SECOND AMERICAN INDUSTRIAL REVOLUTION), (INDU), (SPY), (QQQ), (GLD), (DBA), (TSLA), (GOOGL), (XLK), (IBB), (XLE) Dow Jones Industrial Average (^DJI) SPDR S&P 500 ETF (SPY) PowerShares QQQ ETF (QQQ) SPDR Gold Shares (GLD) PowerShares DB Agriculture ETF (DBA) Tesla Motors,
I have been holding back from buying Apple shares (AAPL) for the past 10 months, since back in June, 2015, the last time the shares peaked at $132.50. That was when the stock fully discounted the launch of the iPhone 6s, it's last blockbuster product. I knew then that the company was about to enter
Circulating among Europe's top global strategists this spring, visiting their corner offices, camping out in their vacation villas, or cruising on their yachts, I am increasingly hearing about a new investment theme that will lead markets for the next 20 years: The Second American Industrial Revolution.It goes something like this.You remember the first Industrial Revolution,