Hardly a day goes by without a reader asking me which indicators I follow when determining my impeccable market timing. The short answer is that there are hundreds, and the 50-year accumulation updates real time 24/7 in my head. However, there is one in particular that is worth mentioning today. That would be the performance
Global Market Comments March 3, 2016 Fiat Lux Featured Trade: (WILL ?BREXIT? CAUSE THE NEXT RECESSION?), (FXB), (FXE), (UUP), (A COW BASED ECONOMICS LESSON) CurrencyShares British Pound Ster ETF (FXB) CurrencyShares Euro ETF (FXE) PowerShares DB US Dollar Bullish ETF (UUP)?
Economists around the world have been scanning the horizon with their high powered Zeiss binoculars in search of the cause of the next global recession. It has been a conundrum of the first order because a recession has NEVER taken place in the face of LOW interest rates and LOW oil prices. However, we may
?I think this is about Russia reasserting itself on the international stage, basically saying that Russia is back and is a force to be reckoned with.? I think we underestimated for a long time the extent of the humiliation that Russians felt after the collapse of the Soviet Union,? said former Secretary of Defense and
Global Market Comments March 2, 2016 Fiat Lux Featured Trade: (APRIL 15 HOUSTON STRATEGY LUNCHEON INVITATION), (THE MAD HEDGE FUND TRADER?S 8TH ANNIVERSARY ISSUE)
Yes, it seems like it was only yesterday. But as of February 1 the Diary of a Mad Hedge Fund Trader has been going out to idea hungry investors now for eight long years. And what an eight years it has been! So I will take the opportunity to explain the murky history of this
Global Market Comments March 1, 2016 Fiat Lux Featured Trade: (MARCH 2 GLOBAL STRATEGY WEBINAR), (THE CODER BOOM), (THERE ARE NO GURUS)
Global Market Comments February 29, 2016 Fiat Lux (SPECIAL PROGNOSTICATION ISSUE)Featured Trade: (WHAT IS THE CNN FEAR & GREED INDEX?), (ORDER EXECUTION 101), (AND MY PREDICTION IS?.), (TESTIMONIAL)
Global Market Comments February 26, 2016 Fiat Lux Featured Trade: (MARCH 2 GLOBAL STRATEGY WEBINAR), (IT?S SAFE TO SELL SHORT THE YEN AGAIN), (FXY), (YCS), (RIGHT SIZING YOUR TRADING) CurrencyShares Japanese Yen ETF (FXY) ProShares UltraShort Yen (YCS)
I think we are at the tag end of the recent unbelievable bout of yen strength. Triggered by the Bank of Japan?s shocking move to negative interest rates (NIRP), it has been driven by a massive unwind of hedge fund positions in everything around the world that were all financed by short yen positions. The
Global Market Comments February 25, 2016 Fiat Lux Featured Trade: (WHAT HAPPENS WHEN QE FAILS), (INDIA IS CATCHING UP WITH CHINA), (FXI), (PIN), (TTM) iShares China Large-Cap (FXI) PowerShares India ETF (PIN) Tata Motors Limited (TTM)
QE, QE QE! Quantitative easing, or the vast expansion of the money supply by central banks, has been the hallmark of this decade as troubled governments sought to heal sickly economies. And so far, it has worked. There is no doubt that the implementation of QE, first by the US, and then by Europe, Japan,
Global Market Comments February 24, 2016 Fiat Lux Featured Trade: (WAS THAT A BOTTOM IN COMMODITIES?), (USO), (BHP), (RIO), (GLD), (SLV), (CU), (AN EVENING WITH DAVID TEPPER) United States Oil (USO) BHP Billiton Limited (BHP) Rio Tinto plc (RIO) SPDR Gold Shares (GLD) iShares Silver Trust (SLV) First Trust ISE Global Copper ETF (CU)
There is not a trader alive who wouldn?t fall down on his knees and thank the Heavens he didn?t get involved in commodities last year. I AM ONE OF THOSE TRADERS! It?s not that we were without opportunities. With every downside swoon, we were barraged with claims from brokers, producers, and the Internet that THIS
?There is a time to make money, and a time to not lose money. This is one of those times.? That was the insightful gem I came away with after listening to my friend, hedge fund legend David Tepper. Tepper continued, opining that the markets are ?dangerous? here, and that he was ?nervous.? ?It was
Global Market Comments February 23, 2016 Fiat Lux Featured Trade: (WHERE DRIVERLESS CARS WILL TAKE US), (TSLA), (AAPL), (GOOGL), (AN AFTERNOON WITH GENERAL COLIN POWELL) Tesla Motors, Inc. (TSLA) Apple Inc. (AAPL) Alphabet Inc. (GOOGL)
Global Market Comments February 22, 2016 Fiat Lux Featured Trade: (HOW LOW WILL BIOTECH GO?), (IBB), (GILD), (CELG), (VRX), (TESTIMONIAL) Gilead Sciences Inc. (GILD) iShares Nasdaq Biotechnology (IBB) Celgene Corporation (CELG) Valeant Pharmaceuticals International, Inc. (VRX)
Long-term readers of this letter prospered mightily from my addiction to biotech stocks, one of the top performing sectors in the stock market during the first half of last year. Readers made three round trips in hepatitis C drug developer Gilead Sciences (GILD) in the past four months, adding 5.77% to the value of their
?If you want to be an economist on Wall Street, here?s a tip. If weekly jobless claims don?t go up, nothing bad is happening,? said Drew Matus, chief economist at UBS.?
Global Market Comments February 19, 2016 Fiat Lux Featured Trade: (HOW THE REST OF 2016 WILL PLAY OUT), (SPY), (AAPL), (PANW), (BAC), (GILD), (TLT), (TBT), (HYG), (AMLP), (FXE), (FXA), (FXC), (CYB), (FCX), (GLD), (SLV), (ITB) (A NOTE ON THE MARCH OPTIONS EXPIRATIONS) SPDR S&P 500 ETF (SPY) Apple Inc. (AAPL) Palo Alto Networks, Inc. (PANW)