Global Market Comments March 28, 2016 Fiat Lux Featured Trade: (APRIL 19 ATLANTA GLOBAL STRATEGY LUNCHEON), (DON?T GET SCAMMED BY THE MUTUAL FUNDS), (WHY I LOVE/HATE THE OIL COMPANIES), ?(XOM), (COP), (OXY), (USO) Exxon Mobil Corporation (XOM) ConocoPhillips (COP) Occidental Petroleum Corporation (OXY) United States Oil (USO)
The first thing I do when I get up every morning is to curse the oil companies as blood sucking scourges of modern civilization.I then fall down on my knees and thank God that we have the oil companies.This is why petroleum engineers are getting $100,000 straight out of college, while English and political science
?Whenever I hear someone in finance say that a one in two billion year event just happened, I say that you just demonstrated you have a model for measuring tail risk that isn?t any good,? said former Treasury Secretary and Harvard University President Larry Summers.
Global Market Comments March 25, 2016 Fiat Lux Featured Trade: (APRIL 18 MIAMI GLOBAL STRATEGY LUNCHEON), (MARCH 30 GLOBAL STRATEGY WEBINAR), (A DAY WITH TOM FRIEDMAN OF THE NEW YORK TIMES), (TESTIMONIAL)
Global Market Comments March 24, 2016 Fiat Lux Featured Trade: (APRIL 15 HOUSTON STRATEGY LUNCHEON INVITATION), (STOCK PICKS FOR A REPUBLIC WIN IN NOVEMBER), (CVX), (XOM), (COP), (BP), (RIG), (DO), (BTU), (SHAW), (CCJ), (CHK), (DVN), (NOC), (GD), (ZMH), (UNH), (HUM), (PFE), (AAPL), (UNP), (BAC) (CYBER SECURITY IS ONLY JUST GETTING STARTED), (PANW), (HACK) Chevron Corporation
It looks like the cyber security sector is about to take off like a rocket once again. There could be another 25%-50% in it this year. The near destruction of Sony (SNE) by North Korean hackers last November has certainly put the fear of God into corporate America. Apparently, they have no sense of humor
?If we don?t visit disorder, disorder will visit us,? said Tom Friedman, my old buddy and columnist for the New York Times.
Global Market Comments March 23, 2016 Fiat Lux SPECIAL WINNING OPTIONS TRADING ISSUE Featured Trade: (APRIL 25th CHICAGO GLOBAL STRATEGY LUNCHEON), (HOW TO RELIABLY PICK A WINNING OPTIONS TRADE)
Global Market Comments March 22, 2016 Fiat Lux Featured Trade: (APRIL 22 NEW YORK STRATEGY LUNCHEON), (THE HARD TRUTH BEHIND SELLING IN MAY), (NOTICE TO MILITARY SUBSCRIBERS)
Followers of my Trade Alert service have watched me shrink my book down to only two positions, the smallest of the year.That?s because I am a big fan of buying straw hats in the dead of winter and umbrellas in the sizzling heat of the summer. I even load up on Christmas ornaments every January
?The time to worry about the Fed is not when they go from accommodative to neutral, it is when they go from neutral to tight,? said Bill Miller the legendary former chairman and CIO of Legg Mason Capital Management.
Global Market Comments March 21, 2016 Fiat Lux Featured Trade: (APRIL 21 BOSTON GLOBAL STRATEGY LUNCHEON), (THE DEATH OF THE HEDGE FUND), (SPY), (VRX), (USO), (CHINA?S COMING DEMOGRAPHIC NIGHTMARE), (FXI) SPDR S&P 500 ETF (SPY) Valeant Pharmaceuticals International, Inc. (VRX) United States Oil (USO) iShares China Large-Cap (FXI)
Without question, this has been the quarter from hell for the hedge fund industry. It hasn?t helped that the big cap S&P 500 Index (SPY), has cratered by 14% and then immediately rocketed by 14% three times in the last 18 months, with NO net movement overall. The latest rally has seen the biggest move
?We?re in a secular bull market for the dollar. ?A strong dollar is a natural consequence of America emerging from a liquidity trap, while Europe and Japan are still stuck in one. The dollar is a growth stock, and growth stocks over time outperform utilities,? said Paul McCulley, formerly the chief economist at bond giant
Global Market Comments March 18, 2016 Fiat Lux Featured Trade: (APRIL 20 WASHINGTON DC GLOBAL STRATEGY LUNCHEON), (JANET CUTS THE KNEES OUT FROM UNDER THE DOLLAR), (SPY), (FXY), (FXE), (UUP), (GLD), (GDX), (SLV), (SIL), (TEN TIPS FOR SURVIVING A DAY OFF WITH ME) SPDR S&P 500 ETF (SPY) CurrencyShares Japanese Yen ETF (FXY) CurrencyShares Euro
Her action was as certain as it was swift. Federal Reserve chairman Janet Yellen suddenly ratcheted down interest rate expectations from four-quarter point rises to only one in 2016. And that one rate rise may not come until December. Foreign exchange traders all share one unique characteristic. You have to SHOW THEM THE MONEY. No
?Betting on Janet Yellen is about as likely as Donald Trump being civil" said Boris Schlossberg, managing director of BK Asset Management.
Global Market Comments March 17, 2016 Fiat Lux Featured Trade: (APRIL 19 ATLANTA GLOBAL STRATEGY LUNCHEON), (AMERICA?S NATIVE INDIAN ECONOMY),(HOW TO EXECUTE A VERTICAL BULL CALL SPREAD), (AAPL) Apple Inc. (AAPL)
Global Market Comments March 16, 2016 Fiat Lux Featured Trade: (APRIL 18 MIAMI GLOBAL STRATEGY LUNCHEON) (TEN REASONS WHY STOCKS BOUNCED BACK SO HARD), (SPY), (TLT), (FXY), (FXE), (AAPL), (IBM), (XOM), (WFC), (INTC), (AIG), (THE BLOCKBUSTER READ IN THE HEDGE FUND COMMUNITY) SPDR S&P 500 ETF (SPY) iShares 20+ Year Treasury Bond (TLT) CurrencyShares Japanese
While driving back from Lake Tahoe last weekend, I received a call from a dear friend who was in a very foul mood. Following the advice of another newsletter that I won?t mention, he bailed out of all his stocks at the February 11 bottom. After all, wasn?t the Dow Average headed straight to 3,000?