?Those who do not learn from history are doomed to repeat it, and I?m afraid we?re going down that road,? said corporate raider Carl Icahn.
Global Market Comments September 29, 2015 Fiat Lux Featured Trade: (LOADING UP ON THE (XIV), (XIV), (VIX), (SPY), (THE POPULATION BOMB ECHOES), (POT), (MOS), (AGU), (WEAT), (CORN), (SOYB), (DE) (TESTIMONIAL) VelocityShares Daily Inverse VIX ST ETN (XIV)VOLATILITY S&P 500 (^VIX) SPDR S&P 500 ETF (SPY)Potash Corporation of Saskatchewan Inc. (POT)The Mosaic Company (MOS)Agrium Inc. (AGU)
Excuse me, but am I missing something here? Has my advanced age obscured my vision, clouded my judgment, and left me discombobulated? These are the thoughts that kept coming to mind when I looked at the action in the Velocity Shares Daily Inverse VIX Short Term ETN (XIV) on Monday. At the absolute bottom of
With the entire agricultural space one of the preeminent investment disasters this year, you?d be hard pressed to find a long-term bullish argument for the troubled sector. You know all those John Deere (DE) and Caterpillar (CAT) hats I saw American tourists wearing in Venice, Italy three years ago? This year, I didn?t see one!
?I must study politics and war that my sons may have liberty to study mathematics and philosophy. My sons ought to study mathematics and philosophy, geography, natural history, naval architecture, navigation, commerce, and agriculture, in order to give their children a right to study painting, poetry, music, architecture, statuary, tapestry, and porcelain,? said John Adams,
Global Market Comments September 28, 2015 Fiat Lux SPECIAL CRASH ISSUE Featured Trade: (HOW TO TRADE A CRASH), (TEN STOCKS TO BUY AT THE BOTTOM), (SPY), (QQQ), (IWM), (JNK) SPDR S&P 500 ETF (SPY)PowerShares QQQ Trust, Series 1 (QQQ)iShares Russell 2000 (IWM)SPDR Barclays High Yield Bond ETF (JNK)
Global Market Comments September 25, 2015 Fiat Lux ANOTHER SPECIAL CYBER WARFARE ISSUE Featured Trade: (FRIDAY, OCTOBER 30 SAN FRANCISCO STRATEGY LUNCHEON) (CASHING IN ON CYBER SECURITY), (PANW), (FEYE), (HACK) Palo Alto Networks, Inc. (PANW)FireEye, Inc. (FEYE)PureFunds ISE Cyber Security ETF (HACK)
Who?s really reading Your email? I bet you?d like to know! Another day, another hack attack. Today we learned that 5.6 million fingerprint records kept by the Office of Personal Management were recently stolen. This is the agency that functions as the US government?s human resources department, maintaining records on 21.5 million current and former
Global Market Comments September 24, 2015 Fiat Lux Featured Trade: (FRIDAY, OCTOBER 23 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON), (A VERY BRIGHT SPOT IN REAL ESTATE), (A SHORT HISTORY OF HEDGE FUNDS)
?You can reduce discretionary spending down to zero and it won?t have much impact on our fiscal problems because it?s such a small proportion of the total,? said Ben Bernanke, chairman of the Federal Reserve.
Global Market Comments September 23, 2015 Fiat Lux Featured Trade: (OCTOBER 12 PORTLAND, OREGON GLOBAL STRATEGY LUNCHEON), (MAD HEDGE FUND TRADER HITS NEW ALL TIME HIGH), (A DIFFERENT VIEW OF THE US)
Global Market Comments September 22, 2015 Fiat Lux Featured Trade: (SEPTEMBER 23 GLOBAL STRATEGY WEBINAR) (WILL THE MARKET CRASH IN OCTOBER?), (SPY), (HD), (SIGN UP NOW FOR TEXT MESSAGING OF TRADE ALERTS) SPDR S&P 500 ETF (SPY)The Home Depot, Inc. (HD)
I think the bull market has at least three more years to run, but I?ll tell you why later. In the meantime, we have to survive October first. That is easier said than done. October has long earned a notorious reputation as a wealth confiscation month for both professional traders and long-term investors. If you
?The Fed cannot permanently raise stock prices,? said James Bullard, president of the Federal Bank of St. Louis.
Global Market Comments September 21, 2015 Fiat Lux Featured Trade: (THE DEATH OF GOLD), (GLD), (ABX), (GDX), (DON?T BUY ALIBABA, YET) SPDR Gold Shares (GLD)Barrick Gold Corporation (ABX)Market Vectors Gold Miners ETF (GDX)
One of the most impressive moves in the wake of the Fed?s Thursday move to maintain ultra low interest rates was to be found in gold. In the run up to the flash headline on the Fed non-announcement, the yellow metal rocketed $40. The action was even more impressive in silver (SLV), which tacked on
Long time readers of this letter have known for years that the Alibaba IPO was coming, that it had massive implications for the market, and could well signal an interim market top. I?m sticking to my guns. You have to hand it to the underwriters of the company?s initial public offering, the largest in history.
Global Market Comments September 18, 2015 Fiat Lux Featured Trade: (SEPTEMBER 23 GLOBAL STRATEGY WEBINAR) (THANK YOU JANET YELLEN!), (SPY), (TLT), (WHY I?M CHASING THE EURO), (FXE), (EUO) SPDR S&P 500 ETF (SPY)iShares 20+ Year Treasury Bond (TLT)CurrencyShares Euro ETF (FXE)ProShares UltraShort Euro (EUO)
Email sent to Federal Reserve Governor Janet Yellen, 9-17-2015 2:30 PM EST: Dear Janet, A great big thank you to you! All is forgiven! I apologize for those snarky questions I used to ask at your San Francisco Fed press conferences years ago. And I don?t regret for a second all those times I walked
I?m not a person inclined to chase winning positions. Making money on one trade is certainly no guarantee that you will repeat the win on the next. Lightening doesn?t strikes twice in the same place. Well, actually it does sometimes, especially when it comes to selling short the Currency Shares Euro Trust (FXE). Selling short