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
Global Market Comments February 8, 2016 Fiat Lux Featured Trade: (THE GREAT AMERICAN ROT IS ENDING), (SPY), (TLT), (FXY), (FXE), (USO) SPDR S&P 500 ETF (SPY) iShares 20+ Year Treasury Bond (TLT) CurrencyShares Japanese Yen ETF (FXY) CurrencyShares Euro ETF (FXE) United States Oil (USO)?
Those of a certain age can?t help but remember that things for the US went to hell in a hand basket after 1963.That?s when President John F. Kennedy was assassinated, heralding decades of turmoil. Race riots exploded everywhere. The Vietnam War ramped up out of control, taking 60,000 lives, and destroying the nation?s finances. Nixon
Global Market Comments February 5, 2016 Fiat Lux Featured Trade: (THE NEW OFFSHORE CENTER: AMERICA), (SIGN UP NOW FOR TEXT MESSAGING OF TRADE ALERTS), (SPY), (THE CHINA VIEW FROM 30,000 FEET) (FXI), (DBC), (DYY), (DBA), (PHO)SPDR S&P 500 ETF (SPY) iShares China Large-Cap (FXI) PowerShares DB Commodity Tracking ETF (DBC) PowerShares DB Commodity Double Long
Global Market Comments February 4, 2016 Fiat Lux Featured Trade: (PERFECT STORM HITS THE BANKS), (PFF), (BAC), (C), (JPM), (USO), (BUSINESS IS BOOMING AT THE MONEY PRINTERS), (TESTIMONIAL)iShares US Preferred Stock (PFF) Bank of America Corporation (BAC) Citigroup Inc. (C) JPMorgan Chase & Co. (JPM) United States Oil (USO)
There is no better sight to a hungry trader than blood in the water. ?Buy them when they?re cryin? is an excellent investment strategy that always seems to work. There are rivers of tears being shed over the banking industry right now. Federal Reserve officials openly told investors that after the December ?% rate hike
Global Market Comments February 3, 2016 Fiat Lux Featured Trade: (WATCH OUT FOR THE HEAD AND SHOULDERS), (SPY), (TLT), (GLD), (SLV), (THE SERVICE JOB IN YOUR FUTURE), (MCD)? SPDR S&P 500 ETF (SPY) iShares 20+ Year Treasury Bond (TLT) SPDR Gold Shares (GLD) iShares Silver Trust (SLV) McDonald's Corp. (MCD)
?As for the Swiss franc, there?s blood in the street and on the walls,? said Stephen Schwarzman, CEO of the Blackstone Group, a global private equity firm.
Global Market Comments February 2, 2016 Fiat Lux Featured Trade: (FEBRUARY 3 GLOBAL STRATEGY WEBINAR), (MORE PAIN TO COME IN OIL) (USO), (XOM), (OXY), (COP), (DAL) (TESTIMONIAL)United States Oil (USO) Exxon Mobil Corporation (XOM) Occidental Petroleum Corporation (OXY) ConocoPhillips (COP) Delta Air Lines, Inc. (DAL)
There are very few people I will drop everything to listen to.One of the handful is Daniel Yergin, the bookish founder and CEO of Cambridge Energy Research Associates, the must-go-to source for all things energy.Daniel received a Pulitzer Prize for The Prize: The Epic Quest for Oil, Money, and Power, a rare feat for a
Global Market Comments February 1, 2016 Fiat Lux Featured Trade: (BANK OF JAPAN BOMBSHELL BOOSTS MARKETS), (FXY), (YCS), (DXJ), (UUP), (SPY), (TLT), (GLD), (USO), (CRASH TESTING THE TESLA), (TSLA)CurrencyShares Japanese Yen ETF (FXY) ProShares UltraShort Yen (YCS) WisdomTree Japan Hedged Equity ETF (DXJ) PowerShares DB US Dollar Bullish ETF (UUP) SPDR S&P 500 ETF (SPY)
I was just about to don my backpack and head out for my evening hike when I caught a phone call from Tokyo. The Bank of Japan had just announced they were implementing negative interest rates for the first time in history. The Japanese yen (FXE), (YCS) was in free fall and the stock market