During Operation Desert Storm in 1991, Central Command asked me to fly a top secret mission to Lebanon in my twin engine Cessna 340. Mission accomplished, I flew home on a 270-degree heading over the Eastern Mediterranean at an altitude of 200 feet, in order to stay under the radar. It was a warm, hazy
?We?ve seen the S&P 500 drop 50% twice in the last 17 years. That is the new normal?, said Richard Kang of Emerging Global Advisors.
Global Market Comments April 5, 2016 Fiat Lux Featured Trade: (APRIL 18 MIAMI GLOBAL STRATEGY LUNCHEON), (GUESS WHO?S BEEN BUYING GOLD?), (GLD), (GDX), ($SSEC), (MY BRIEFING FROM THE JOINT CHIEFS OF STAFF), (PANW), (PHO), (HACK), (FXI), (RSX), (TESTIMONIAL)SPDR Gold Shares (GLD)Market Vectors Gold Miners ETF (GDX)Palo Alto Networks, Inc. (PANW) PowerShares Water Resources ETF (PHO)PureFunds
Gold bugs, conspiracy theorists, and perma bears had some unfamiliar company last year. While traders, individuals, and ETF?s have been unloading gold for the past five years, central banks have been steady buyers. Who had the biggest appetite for the barbarous relic? Russia, which has been accumulating the yellow metal to avoid economic sanctions imposed
I retired eight years ago, and my broker told me to hang in there with my stocks before the recession, so I saved myself a lot of money and closed the account.? In 2009 I started paying for advice and investing on line.? A blind chicken could have made a fortune in 2009, and I
?We are now at the sunny side of central bank influence,? said my friend, Mohamed El-Erian.
Global Market Comments April 4, 2016 Fiat Lux Featured Trade: (COME JOIN ME FOR A MARKET PANEL DISCUSSION), (APRIL 15 HOUSTON STRATEGY LUNCHEON INVITATION), (REVISITING THE BIG PICTURE ON THE ECONOMY), (TSLA) Tesla Motors, Inc. (TSLA)
Come join me, John Thomas, the Mad Hedge Fund Trader, for a wide ranging discussion of the near term direction of the stock market with a group of top market professionals on Monday, April 4th at 1 PM (ET). The meeting is being organized by the boutique research firm Timing Research. It will be hosted
As you all know, I call readers everyday looking for fresh market intelligence and new ways to improve my service. Yesterday, I spoke to a seven-year follower who inspired me to write this piece. She was thinking of quitting the stock market and not renewing my newsletter. A 50 year market veteran who grew up
Global Market Comments April 1, 2016 Fiat Lux Featured Trade: (CHICAGO APRIL 25 GLOBAL STRATEGY LUNCHEON), (GOODBYE THE QUARTER FROM HELL), (GLD), (GDX), (FXE), (XIV), (FXY), (SPY), (THE PORTFOLIO THAT WILL DOUBLE IN THREE YEARS) SPDR Gold Shares (GLD)Market Vectors Gold Miners ETF (GDX)CurrencyShares Euro ETF (FXE)VelocityShares Daily Inverse VIX ST ETN (XIV)CurrencyShares Japanese Yen
Good riddance! I?m never eating at THAT restaurant again! That?s all I can say about the completion of the first quarter of 2016. Talk about an e.coli of a quarter! It was the worst quarter in hedge fund history. Bodies will be washing up on the beach for months. Back-to-back we saw both the worst
Below, I have listed a portfolio of ten stocks that will almost certainly double in three years. If I am wrong, it will gain 100% in only two years. But there is a catch. This basket of stocks may have to drop 20%-30% first. It is a cardinal rule of investment that if you want
?Economists say we?re having 2.5% growth. That?s a lie. The reality is that we have 5% growth for the top 20% of the economy, and 0% growth for the bottom 80% of the economy,? said Arthur Brooks, president of the American Enterprise Institute.
Global Market Comments March 31, 2016 Fiat Lux Featured Trade: (APRIL 22 NEW YORK STRATEGY LUNCHEON) (THE NEW COLD WAR) (THE BEST FINANCIAL BOOK EVER)
Global Market Comments March 30, 2016 Fiat Lux Featured Trade: (APRIL 21 BOSTON GLOBAL STRATEGY LUNCHEON), (THE YELLEN PUT OPTION LIVES!), (SPY), (TLT), (GLD), (FXY), (FXE), (THE TAX RATE FALLACY), (THE BEST TESTIMONIAL EVER!) SPDR S&P 500 ETF (SPY) iShares 20+ Year Treasury Bond (TLT) SPDR Gold Shares (GLD) CurrencyShares Japanese Yen ETF (FXY) CurrencyShares
Any monetary hawks hoping for an acceleration of the Federal Reserve's interest rate policy had their hopes sorely dashed today. Chairman Janet Yellen?s speech could not have been more dovish if it had been written by the most extreme deflationista. Let me parse her words for you: ?greater gradualism? ??less favorable economic conditions? ?weaker foreign
I was pondering an FXE trade alert from MHFT today when my cell rang with a Berkeley, CA area code. Since I know a couple people in that part of the world, I answered, and it was none other than John Thomas.Had I not heard his voice on the MHFT webinars, I would have thought
?I can calculate the motion of heavenly bodies, but never the madness of crowds,? said Sir Isaac Newton, the inventor of calculus and discoverer of Newton?s Laws, who lost his entire fortune in a 17th century investment scam called ?the South Sea Bubble.?
Global Market Comments March 29, 2016 Fiat Lux SPECIAL TESLA 3 ISSUE Featured Trade: (APRIL 20 WASHINGTON DC GLOBAL STRATEGY LUNCHEON), (MARCH 30 GLOBAL STRATEGY WEBINAR), (HOW TESLA TAKES OVER THE WORLD ON THURSDAY), (TSLA), (GM), (TM), (NSANY), (DDAIY) Tesla Motors, Inc. (TSLA) General Motors Company (GM) Toyota Motor Corporation (TM) Nissan Motor Co. Ltd.
I stopped by Tesla?s (TSLA) Fremont, California factory last week to test drive my new high performance Model X SUV and noticed something interesting. There was major new construction under way in the customer delivery area. That was to be expected, since the company has already announced that they plan to boost production of their