The month of August is now behind us, and it is all over but the crying. After a heroic effort, I traded the month to a near draw, posting a -0.90% loss, my first red ink of the year. Never mind that I would have turned positive if August had lasted a single day longer.
The wise JT is correct again.? Nice short on the S&P 500 (SPY). Dallas, Melbourne, Australia
Global Market Comments September 7, 2015 Fiat Lux Featured Trade: (THE AMERICAN ONSHORING TREND IS ACCELERATING), (GE), (TSLA), (TESTIMONIAL) General Electric Company (GE)Tesla Motors, Inc. (TSLA)
?Guys that are short, they better have a shovel to dig themselves out of the grave,? said legendary hedge fund manager, David Tepper, of Appaloosa Management.
Global Market Comments September 4, 2015 Fiat Lux Featured Trade: (SEPTEMBER 9 GLOBAL STRATEGY WEBINAR), (BLAME IT ALL ON THE RISK PARITY TRADERS!), (VIX), (SPY), (TLT), (THE BEST TESTIMONIAL EVER) VOLATILITY S&P 500 (^VIX)SPDR S&P 500 ETF Trust (SPY)iShares Trust - iShares 20+ Year Treasury Bond ETF (TLT)
Global Market CommentsSeptember 3, 2015Fiat Lux Featured Trade:(WILL THE MARKETS BOTTOM TOMORROW?),(SPY), (IWM), (QQQ), (VIX), (XIV),(THE GREAT SOCIAL SECURITY MARRIAGE BENEFIT YOU?VE NEVER HEARD OF) SPDR S&P 500 ETF (SPY)iShares Russell 2000 (IWM)PowerShares QQQ Trust, Series 1 (QQQ)VOLATILITY S&P 500 (^VIX)VelocityShares Daily Inverse VIX ST ETN (XIV)
Let the healing process begin! Having just barely missed tickling a new all time high in early August at $214, then tagging a cataclysmic low at $186 on August 24, the market has defined the range that it will settle into for the next 4-6 weeks. What then follows are a series of lower highs
Global Market CommentsSeptember 2, 2015Fiat Lux Featured Trade:(BETTING ON FALLING VOLATILITY),(SPY), (XIV), (SVXY), (VIX), (VXX),(THE BLOCKBUSTER READ IN THE HEDGE FUND COMMUNITY) SPDR S&P 500 ETF (SPY)VelocityShares Daily Inverse VIX ST ETN (XIV)ProShares Short VIX Short-Term Futures (SVXY)VOLATILITY S&P 500 (^VIX)iPath S&P 500 VIX ST Futures ETN (VXX)
I?m betting that sometime in my life, the Volatility Index (VIX) will trade below today?s $31. In fact, I expect it to trade back to the mid teens within the next two months. After spending years stuck in the $12-$15 range, it is nothing less than mind blowing to see it spike up to $31
Global Market CommentsSeptember 1, 2015Fiat Lux Featured Trade:(THE BEAR MARKET THAT ISN?T),(SPY), (INDU), (IWM), (GLD), (SLV)(HOW AN EL NINO WINTER WILL AFFECT YOUR PORTFOLIO),(CORN), (SOYB), (DBA), (MOO) SPDR S&P 500 ETF (SPY)Dow Jones Industrial Average (^DJI)iShares Russell 2000 (IWM)SPDR Gold Shares (GLD)iShares Silver Trust (SLV)Teucrium Corn ETF (CORN)Teucrium Soybean ETF (SOYB)PowerShares DB Agriculture ETF (DBA)Market
It is often said that the stock market has discounted 18 out of the last six recessions. It has just discounted one of those non-recessions. The furious, violent, gut-wrenching 3,000-point nosedive we suffered in the Dow Average during August 19-24 essentially amounted to an entire bear market on its own. Could the market be discounting
There is enormous excitement among climate scientists these days, and it has nothing to do with global warming. Sophisticated computer models say there is a 50/50 chance that the coming winter will be driven by the El Ni?o effect. It could hit as early as September. The potential consequences for your trading and investment portfolio
Global Market CommentsAugust 31, 2015Fiat Lux Featured Trade:(OCTOBER 12 PORTLAND, OREGON GLOBAL STRATEGY LUNCHEON),(THE BOND CRASH HAS ONLY JUST STARTED),($TNX), (TLT), (TBT) 10 Year Tresury Note Yield INDX ($TNX)iShares 20+ Year Treasury Bond (TLT)ProShares UltraShort 20+ Year Treasury (TBT)
Global Market CommentsAugust 28, 2015Fiat Lux Featured Trade:(STRESS TESTING THE MAD HEDGE FUND TRADER STRATEGY),(SPY), (VIX), (FXY), (TLT), (LEN)(IS THE 30-YEAR MORTGAGE AN ENDANGERED SPECIES?) SPDR S&P 500 ETF (SPY)VOLATILITY S&P 500 (^VIX)CurrencyShares Japanese Yen ETF (FXY)iShares 20+ Year Treasury Bond (TLT)Lennar Corporation (LEN)
It is always a great idea to know how bomb proof your portfolio is. Big hedge funds have teams of MIT educated mathematicians that constantly build models that stress test their holdings for every conceivable outcome. WWIII? A Global pandemic? A 1,000 point flash crash? No problem. Analysts will tell you to the decimal point
Global Market CommentsAugust 27, 2015Fiat Lux Featured Trade:(HOW TO TRADE A CRASH),(WHY SHAREHOLDER ACTIVISTS HAVE THE UPPER HAND),(JCP), (NFLX), (HLF), (AAPL),(TESTIMONIAL) J. C. Penney Company, Inc. (JCP)Netflix, Inc. (NFLX)Herbalife Ltd. (HLF)Apple Inc. (AAPL)
Global Market Comments August 25, 2015 Fiat Lux Featured Trade: (WHAT?S REALLY HAPPENING IN THE MIDDLE EAST), (USO), (TLT), (SPY), (GLD), (UUP), (XLK), (XLI), (XLF) United States Oil (USO) iShares 20+ Year Treasury Bond (TLT) SPDR S&P 500 (SPY) SPDR Gold Shares (GLD) PowerShares DB US Dollar Bullish ETF (UUP) Technology Select Sector SPDR ETF
Long-term observers of financial markets are befuddled, confused, and amazed at their complete lack of interest in the rapidly unfolding events in the Middle East. It seems that the more horrific the atrocities, the higher stock prices want to climb. Go figure. ISIS is in fact accelerating the most important geopolitical event so far in
Global Market CommentsAugust 25, 2015Fiat Lux Featured Trade:(AUGUST 26 GLOBAL STRATEGY WEBINAR),(THE VOLATILITY PEAK IS IN),(VIX), (VXX), (XIV), (SVXY),(WHY WATER WILL SOON BE WORTH MORE THAN OIL),(CGW), (PHO), (FIW), (VE), (TTEK), (PNR) VOLATILITY S&P 500 (^VIX)iPath S&P 500 VIX ST Futures ETN (VXX)VelocityShares Daily Inverse VIX ST ETN (XIV)ProShares Short VIX Short-Term Futures (SVXY)Guggenheim S&P
Well, I certainly earned my crust of bread today. This was truly one of those mornings when you couldn?t believe your screens. When I went to sell short the Volatility Index (VIX), I discovered that it wasn?t trading. Volatility in fact didn?t trade at all for the first 15 minutes of Monday. Unbelievable! So I