Global Market Comments November 6, 2024 Fiat Lux Featured Trade: (WHY TECHNICAL ANALYSIS DOESN’T WORK) (SPY), (QQQ), (IWM), (VIX), (TESTIMONIAL)
I recently heard an amazing piece of information from a subscriber. Fidelity recently conducted a study to identify their best-performing clients. They neatly fell into two groups: people who forgot they had an account at Fidelity and dead people. It all underlines the futility of trading the markets without true professional guidance such as you
Global Market Comments November 5, 2024 Fiat Lux Featured Trade: (THE IRS LETTER YOU SHOULD DREAD), (TESTIMONIAL)
Global Market Comments November 4, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or TRADING ONE UNCERTAINTY FOR ANOTHER plus RECOLLECTIONS OF A MARINE), (NVDA), (DHI), (LEN), (KBH), (PHM), (TOL), (JPM)
Here I am holed up in a mountaintop retreat. I have six months of canned food, one month of water, and a year supply of ammo. There is an AR-15 and 12 gauge shotgun at the front door. There is a 45 caliber Colt Peacemaker and a Browning 45 at the backdoor. I sleep with
"Homo Sapiens, the first truly free species, is about to decommission the natural selection, the force that made us," said E.O. Wilson, a Harvard University biology professor.
Global Market Comments November 1, 2024 Fiat Lux Featured Trade: (PLEASE USE MY FREE DATABASE SEARCH)
The original purpose of this letter was to build a database of ideas to draw on in the management of my hedge fund. When a certain trade comes into play, I merely type in the symbol, name, currency, or commodity into the search box, and the entire fundamental argument in favor of that position pops
Global Market Comments October 31, 2024 Fiat Lux Featured Trade: (ORDER EXECUTION 101)
Given the recent difficulty in placing orders in this violent, illiquid market, I have been inundated with requests for how to execute orders. So, I thought I’d take some time today to expound on the basics of order execution 101. There are three basic ways to intelligently get an order into the market: 1) The
Global Market Comments October 30, 2024 Fiat Lux Featured Trade: (TAKE A LEAP INTO LEAPS)
Global Market Comments October 29, 2024 Fiat Lux Featured Trade: (RIGHT SIZING YOUR TRADING)
Global Market Comments October 28, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or HERE IS YOUR POST-ELECTION PORTFOLIO plus THE LAST SILVER BUBBLE) (NVDA), (META), (CRM), (TLT), (JNK), (CCI), (DHI), (LEN), (PHM), (GLD), (SLV), (NEM), (FXE), (FXB), (FXA), (TSLA), (JPM), (BAC), (GS)
Remember Y2K? The world was supposed to end at midnight on December 31, 1999 because computers would be unable to cope with the turnover of the new millennium. I remember making presentations to big hedge funds, predicting that Y2K was a big nothing burger and, worst case, somebody’s toaster wouldn’t work. I spent that New
Global Market Comments October 25, 2024 Fiat Lux Featured Trade: (OCTOBER 23 BIWEEKLY STRATEGY WEBINAR Q&A), (TLT), (JNK), (CCJ), (VST), (BRK/B), (AGQ), (FCX), (TM), (BLK), (NVDA), (TSLA), (T), (SLV), (GLD), (MO), (PM)
Below, please find subscribers’ Q&A for the October 23 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Lake Tahoe, Nevada. Q: What the heck is happening with the iShares 20+ Year Treasury Bond ETF (TLT)? It keeps dropping even though interest rates are dropping. It seems to be an anomaly. A: It is. What’s
Global Market Comments October 24, 2024 Fiat Lux Featured Trade: (I HAVE A NEW OPENING FOR THE MAD HEDGE FUND TRADER CONCIERGE SERVICE), (TESTIMONIAL)
Global Market Comments October 23, 2024 Fiat Lux Featured Trade: (THE CODER BOOM), (THERE ARE NO GURUS)
Global Market Comments October 21, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or COMPLACENSE IS RUNNING RAMPANT) (JPM), (TSLA), (AMZN), (FXA), (FXE), (FXB), (FXY), (NEM), (DHI), (NFLX), (AAPL), (GLD), (AGQ), (SLV), (AAPL), (NVDA), (MS), (CCJ). (VST), (AVGO), (ASML), (MU), (LRCX), (DHI), (PHM), (LEN), (CCJ), (VST), (CEG), (BWXT), (OKLO)
We are now nearly three months into an almost straight-up move in the stock market, and money managers everywhere are scratching their heads. We are now only 136 points or 2.32% from my yearend (SPX) target of 6,000, which is starting to look pretty conservative. The price-earnings multiple for the S&P 500 is now 21X,