Global Market Comments March 7, 2016 Fiat Lux Featured Trade: (APRIL 19 ATLANTA GLOBAL STRATEGY LUNCHEON), (FEBRUARY NONFARM PAYROLL ROASTS THE SHORTS), (WHAT HAPPENED WHEN APPLE ENTERED THE DOW?)
Sure, I was expecting a strong, 200K plus print for the February nonfarm payroll report from the Department of Labor on early Friday morning. But 242,000? And another 30,000 in upward revisions for December and January? It boggles the mind. The market hesitated for a few minutes and then it was off to the races.
Apple holders (AAPL) were ecstatic and even apoplectic when they heard that their beloved company would be joining the Dow Average last year. The move required thousands of portfolio managers to add Apple to their portfolios, like the $32 billion worth of Dow index managers, whether they wanted to or not. From then on it
?I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones,? said Nobel Prize winner Albert Einstein.
Global Market Comments March 4, 2016 Fiat Lux Featured Trade: (APRIL 20 WASHINGTON DC GLOBAL STRATEGY LUNCHEON), (SIGN UP NOW FOR TEXT MESSAGING OF TRADE ALERTS), (GAMING THE MARKET WITH MOMENTUM STOCKS), (MTUM), (FB), (AMZN), (HD), (SBUX), (V), (SPY) iShares MSCI USA Momentum Factor (MTUM) Facebook, Inc. (FB) Amazon.com, Inc. (AMZN) The Home Depot, Inc.
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