Traders and investors can be excused for being confused, befuddled, and clueless about the future direction of all asset classes after the trading violence of the first six weeks of 2016. $500 points down! $400 points up! Ten year Treasury bond yields at 1.55%! Negative interest rates in Japan! Oil hits $26! HELP! Professional Investment
We have the February options expiration today and have the good fortune to see two positions in our model trading portfolio expire at their maximum potential profit point. Those who held on through the dog days last week will be richly rewarded. Good job, and on to the next trade. You are one of the
?Gold and silver are money. Everything else is credit," said John Pierpont Morgan, Founder J.P. Morgan Chase Bank and Morgan Stanley.
Global Market Comments February 18, 2016 Fiat Lux Featured Trade: (MY MOST DANGEROUS ADVENTURE EVER), (BRING BACK THE UPTICK RULE!)
I was walking into the post office here in Incline Village, Nevada when I came across three little old ladies sitting at a card table. One asked ?Have you registered yet for the February 20 Nevada caucus??? I answered that I was an independent, as I didn?t trust anyone. That meant I couldn?t vote in
?I?d rather vote for a dried dog turd than Donald Trump,? said Liz Mayer, a strategist for the Republican Party.
Global Market Comments February 17, 2016 Fiat Lux Featured Trade: (WHY I?M BUYING THE EURO), (FXE), (UUP), (DXJ), (RSX), GREK), (THE CASE FOR EUROPE), (FXE), (DXJ), (RSX), GREK), (OPTIONS FOR THE BEGINNER) CurrencyShares Euro ETF (FXE) PowerShares DB US Dollar Bullish ETF (UUP) WisdomTree Japan Hedged Equity ETF (DXJ) Market Vectors Russia ETF (RSX) Global
I am used to my readers thinking that I have gone ?Mad?, am out of my tree, or have started smoking California?s number one cash crop (hint: it?s not almonds).Such was the abuse that I received last week when I demanded they buy oil at $28 a barrel last week. After all, no other authority
I have been to Greece many times over the past 45 years, and I?ll tell you that I just love the place. The beaches are perfect, the Ouzo wine enticing, and I?ll never say ?No? to a good moussaka. However, I don?t let Greece dictate my investment strategy. Greece, in fact, accounts for less than
Global Market Comments February 16, 2016 Fiat Lux Featured Trade: (NO ZERO INTEREST RATES HERE!), (TLT), (BAC), (C), (JPM), (MS), (GS), (THE NEW COLD WAR), (THE HISTORY OF TECHNOLOGY) iShares 20+ Year Treasury Bond (TLT) Bank of America Corporation (BAC) Citigroup Inc. (C) JPMorgan Chase & Co. (JPM) Morgan Stanley (MS) The Goldman Sachs Group,
Global Market Comments February 12, 2016 Fiat Lux Featured Trade: (JANET LAYS AN EGG) (SPY), (TLT), (FXY), (GOOGL), (AAPL), (TWTR), (FB), (WHO THE GRAND NICARAGUA CANAL HAS WORRIED) SPDR S&P 500 ETF (SPY) iShares 20+ Year Treasury Bond (TLT) CurrencyShares Japanese Yen ETF (FXY) Alphabet Inc. (GOOGL) Apple Inc. (AAPL) Twitter, Inc. (TWTR) Facebook, Inc.
Financial markets often behave like demanding, spoiled, and fickle children. If they don?t get what they want RIGHT NOW they throw a temper tantrum.That is exactly what bourses are doing around the world.? The Dow Average rallied 500 points this week in the hope that my former Berkeley economics professor, Federal Reserve governor Janet Yellen,
Global Market Comments February 11, 2016 Fiat Lux Featured Trade: (THE BATTERY IN YOUR FUTURE), or (THE GREENING OF EXXON), (USO), (SNE), (TSLA), (XOM), (SCAM OF THE MONTH)United States Oil (USO)Sony Corporation (SNE)Tesla Motors, Inc. (TSLA)Exxon Mobil Corporation (XOM)
Yesterday, I provided to you the evidence that oil may never again reach a triple digit price click here for ?Oil: It?s Different This Time? . Today I am going to tell you what will replace it. Sony Corp. (SNE) invented the lithium ion battery in 1991 to power its high end consumer electronics products.
Global Market Comments February 10, 2016 Fiat Lux Featured Trade: (OIL: IS IT DIFFERENT THIS TIME?) (USO), (LINE), (CHK), (FCX), (KOL), (THE BIPOLAR ECONOMY), (AAPL), (INTC), (ORCL), (CAT), (IBM), (TESTIMONIAL)United States Oil (USO) Linn Energy, LLC (LINE) Chesapeake Energy Corporation (CHK) Freeport-McMoRan Inc. (FCX) Market Vectors Coal ETF (KOL) Apple Inc. (AAPL) Intel Corporation (INTC)
A reader emailed me yesterday to tell me that while visiting his daughter at a college in North Carolina, he refilled his rental car with gas for $1.39 a gallon. So I got the idea that something really big is going on here that no one is yet seeing. I processed the possibilities in my
Corporate earnings are up big! Great! Buy! No wait! The economy is going down the toilet! Sell! Buy! Sell! Buy! Sell! Help! Anyone would be forgiven for thinking that the stock market has become bipolar. According to the Commerce Department?s Bureau of Economic Analysis, the answer is that corporate profits accounts for only a small
Global Market Comments February 9, 2016 Fiat Lux Featured Trade: (THE 13 NEW TRADING RULES FOR 2016), (AN ENVIRONMENTAL ACTIVIST'S TAKE ON THE MARKETS), (DBA), (MOO), (PHO), (FIW) (TESTIMONIAL) PowerShares DB Agriculture ETF (DBA) Market Vectors Agribusiness ETF (MOO) PowerShares Water Resources ETF (PHO) First Trust ISE Water ETF (FIW)
I?m sitting here at my Lake Tahoe lakefront mansion watching the Dow Average open down 700 points from its Friday intraday high. It is one of those perfect, picture postcard days, with a blue sky and cobalt lake. The fields outside are covered with snow crystals sparkling in the sunshine. After the close, I?m going
I spent an evening with Lester Brown, president of the Earth Policy Institute and a winner of the coveted MacArthur Prize, for some long-term thinking about the environment and its investment implications. Global warming is causing the melting of ice sheets in Greenland and Antarctica, glaciers in the Himalayas, and the Sierra snowpack. Water tables