Global Market Comments January 13, 2016 Fiat Lux Featured Trade: (THE BLACK SWAN SOLUTION TO OUR ENERGY PROBLEMS), (USO), (TSLA), (GE), (THE AMERICAN ONSHORING TREND IS ACCELERATING), (GE), (TSLA), (TESTIMONIAL)United States Oil (USO) Tesla Motors, Inc. (TSLA) General Electric Company (GE)
I firmly believe that simple solutions to our energy problems are in the process of coming out of the blue, and are something no one is thinking about now. Add up the contributions of many small improvements, and the cumulative change will alter our economic future beyond all recognition. Here are two of them. General
Global Market Comments January 12, 2016 Fiat Lux SPECIAL VOLATILITY ISSUE Featured Trade: (A MAD HEDGE STRATEGY CHANGE), (SPY), (VIX), (XIV), (VOLATILITY HERE IS PEAKING), (VIX), (XIV), (VXX), (SPY)SPDR S&P 500 ETF (SPY) VOLATILITY S&P 500 (^VIX) VelocityShares Daily Inverse VIX ST ETN (XIV) iPath S&P 500 VIX ST Futures ETN (VXX)
Followers of my Trade Alert service have noticed some unusual activity during the last two days. Instead of recommending put spreads, I have started advising the purchase of outright puts. Coming on top of big declines in the S&P 500 (SPY), you may have thought that I have lost my mind, if I hadn?t already
It is often said that the stock market has discounted 12 out of the last four recessions. While the market is discounting another recession now, I believe it is one of the many previously forecast that will never happen, a lot like to 18% swoon in the futures markets we saw last summer. If anything,
?Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone,? said the legendary economist, John Maynard Keynes, founder of the modern monetary system.
Global Market Comments January 11, 2016 Fiat Lux Featured Trade: (WHY WE ARE ALL NOW OIL TRADERS), (USO), (WTIC), (DIG), (THE RECEPTION THAT THE STARS FELL UPON), (NLR), (CCJ), (CORN), (WEAT), (SOYB), (DBA) United States Oil (USO) Light Crude Oil - Spot Price ($WTIC) ProShares Ultra Oil & Gas (DIG) Vectors Uranium+Nuclear Engy ETF (NLR)
After the market closes every night, I usually don a 60 pound backpack and climb the 2,000 foot mountain in my back yard. To pass the time, I listen to audio books on financial and historical topics, about 200 a year (I?ve really got President Grover Cleveland nailed!). That?s if the howling packs of coyotes
Global Market Comments January 8, 2016 Fiat Lux Featured Trade: (WHY THIS IS NOT A BEAR MARKET), (SPY), (QQQ), (IWM), (VIX), (XIV), (A DAY WITH TOM FRIEDMAN OF THE NEW YORK TIMES) (THE BEST FINANCIAL BOOK EVER) SPDR S&P 500 ETF (SPY) PowerShares QQQ ETF (QQQ) iShares Russell 2000 (IWM) VOLATILITY S&P 500 (^VIX) VelocityShares
Thank goodness for small mercies. Going into the New Year with 100% cash was the best decision I made in 2015. It is allowing me to use the current melt down to cherry pick the best trades out there. Shorting the Volatility Index (VIX) at $25 through the (XIV)? Thank you very much. Nothing marks
Global Market Comments January 7, 2016 Fiat Lux Featured Trade: (THE NEW COLD WAR) (AN EVENING WITH CONGRESS BARNEY FRANK), (TESTIMONIAL)
One of the highlights of last year?s SkyBridge Alternatives Conference was the blowout party on Wednesday night (click the following for the blow by blow description at http://madhedgefundradio.com/report-on-the-skybridge-alternatives-conference/).Seeking refuge from a band that was blasting my ears out, and fleeing the nubile young bodies that kept bumping up against me and spilling my margaritas, I
Global Market Comments January 6, 2016 Fiat Lux Featured Trade: (IT?S TIME TO PICK UP SOME GOLD), (GLD), (GDX), (ABX), (NEM), (TESTIMONIAL) SPDR Gold Shares (GLD) Market Vectors Gold Miners ETF (GDX) Barrick Gold Corporation (ABX) Newmont Mining Corporation (NEM)
I have not done a gold trade in yonks. That?s because it has been the asset class from hell for the past five years, dropping some 46% from its 2011 $1,927 high.However, we are now in a brave new, and scarier world. Given the extreme volatility of financial markets in recent months, all of a
Global Market CommentsJanuary 5, 2015Fiat Lux2016 Annual Asset Class ReviewFOR PAID SUBSCRIBERS ONLYFeatured Trade: (JANUARY 6 GLOBAL STRATEGY WEBINAR), (SPX), (QQQQ), (XLF), (XLE), (XLI), (XLY), (EEM), (SCTY), (TAN), (TLT), (TBT), (JNK), (PHB), (HYG), (PCY), (MUB), (HCP) (FXE), (EUO), (FXC), (FXA), (YCS), (FXY), (CYB) (FCX), (VALE), (MOO), (DBA), (MOS), (MON), (AGU), (POT), (PHO), (FIW), (CORN), (WEAT),
I am once again writing this report from a first class sleeping cabin on Amtrak?s California Zephyr. By day, I have two comfortable seats facing each other next to a panoramic window. At night, they fold into bunk beds, a single and a double. There is a shower, but only Houdini could get in and
Global Market Comments January 4, 2016 Fiat Lux Featured Trade: (GET READY FOR THE COMING GOLDEN AGE), (SPY), (INDU), (FXE), (FXY), (UNG), (EEM), (USO), (TLT), (NSANY), (TSLA) SPDR S&P 500 (SPY) Dow Jones Industrial Average (^DJI) CurrencyShares Euro Trust (FXE) CurrencyShares Japanese Yen Trust (FXY) United States Natural Gas (UNG) iShares MSCI Emerging Markets (EEM)
I believe that the global economy is setting up for a new golden age reminiscent of the one the United States enjoyed during the 1950?s, and which I still remember fondly. This is not some pie in the sky prediction. It simply assumes a continuation of existing trends in demographics, technology, politics, and economics. The
By historic, fundamental measures, stocks are extremely high. PE multiples are at 100 years highs. But if you look at stock prices relative to interest rates, they are exactly where they should be,? said hedge fund legend, Stanley Druckenmiller.
Global Market Comments December 31, 2015 Fiat Lux Featured Trade: (JANUARY 6 GLOBAL STRATEGY WEBINAR), (REPORT FROM THE FROZEN WASTELANDS OF THE WEST)