Global Market CommentsAugust 19, 2015Fiat Lux Featured Trade:(MAD HEDGE FUND TRADER HITS 38.37% GAIN IN 2015),(AAPL), (GS), (UVXY), (FXY), (YCS), (FXE), (EUO), (TBT), (TLT).(THE BULL MARKET IN AMERICAN COLLEGE DEGREES),(TESTIMONIAL) Apple Inc. (AAPL)The Goldman Sachs Group, Inc. (GS)ProShares Ultra VIX Short-Term Futures (UVXY)CurrencyShares Japanese Yen ETF (FXY)ProShares UltraShort Yen (YCS)CurrencyShares Euro ETF (FXE)ProShares UltraShort Euro
I am back at my mountain top aerie near the city of San Francisco. Drifting smoke from the enormous forest fires up north have turned the skies a pale rust brown, taking visibility down to a few hundred yards. Some 100 square miles have burned up near here in the past month, the inevitable result
Global Market CommentsAugust 18, 2015Fiat Lux Featured Trade:(WHY THE CHINESE YUAN IS DONE FALLING),(CYB), (FXI), (EWH), (FXE), (EUO),(PLEASE CHOOSE THE OCTOBER INCLINE VILLAGE, NEVADA? STRATEGY LUNCHEON DATE),(THE PASSING OF A GREAT MAN) WisdomTree Chinese Yuan Strategy ETF (CYB)iShares China Large-Cap (FXI)iShares MSCI Hong Kong (EWH)CurrencyShares Euro ETF (FXE)ProShares UltraShort Euro (EUO)
There is absolutely no doubt in my mind that the surprise five point spike up in the bond market last week is entirely due to the shocking devaluation of the Chinese Yuan. Prior to that, fixed income markets were discounting the inevitable rise in US interest rates and fall in the bond market. It is
A dozen or so of you expressed interest in attending my upcoming October Global Strategy luncheon in Incline Village Nevada. This is when followers have a chance to meet with me personally, hook up with other readers, exchange trading and investment ideas, and tell a few jokes. Think of it as a ?Good old boys
Global Market CommentsAugust 17, 2015Fiat Lux Featured Trade:(MY YEAREND STOCK MARKET VIEW),(SPY), (QQQ), (PANW), (GILD), (IBB),?(AAPL), (KBE), (GS), (LEN), (USO), (DIS),(SAN FRANCISCO?S LONG SUFFERING RENTERS?TAKE ANOTHER HIT) SPDR S&P 500 ETF Trust (SPY)PowerShares QQQ Trust, Series 1 (QQQ)Palo Alto Networks, Inc. (PANW)Gilead Sciences Inc. (GILD)iShares Trust - iShares Nasdaq Biotechnology ETF (IBB)Apple Inc. (AAPL)SPDR Series
I hate to be the bearer of sad tidings guys. But I think the choppy, volatile, trendless, trading conditions we are all suffering right now will continue for a few more weeks, and possibly all the way out to the September 17-18 Federal Reserve interest rate decision. Man! I wish I were still back in
Global Market CommentsAugust 14, 2015Fiat Lux Featured Trade:(WHY THE ?UNDERGROUND? ECONOMY IS GROWING),(THE PARTY IS JUST GETTING STARTED WITH THE JAPANESE YEN),(FXY), (YCS), (DXJ) CurrencyShares Japanese Yen Trust (FXY)ProShares UltraShort Yen (YCS)WisdomTree Trust - WisdomTree Japan Hedged Equity Fund (DXJ)
I?m sorry, but I just don?t believe that we will see a weak dollar potentially going into the first interest rate rise in nine years. If my friend, Janet, pulls the trigger, then the greenback will become the only currency in the world that is raising rates. Currencies just don?t decline in those circumstances. In
Global Market CommentsAugust 13, 2015Fiat Lux Featured Trade:(CHINA?S FIRECRACKER SURPRISE),($SSEC), (FXI), (CYB), (EWH),(ALL I WANT TO DO IS RETIRE),(THE TWELVE DAY YEAR) Shanghai Stock Exchange Compostite Index ($SSEC)iShares Trust - iShares China Large-Cap ETF (FXI)WisdomTree Trust - WisdomTree Chinese Yuan Strategy Fund (CYB)iShares, Inc. - iShares MSCI Hong Kong ETF (EWH)
Don?t waste your time trying to analyze financial markets right now. There is only one ticker symbol you need to know about, that for the Shanghai Stock Exchange Composite Index, the ($SSEC). When Shanghai goes up, the rest of the world?s risk assets happily join the party. When it drops, ?RISK OFF? fever goes pandemic.
Global Market Comments August 12, 2015 Fiat Lux Featured Trade: (A NOTE ON NEXT WEEK?S OPTIONS EXPIRATIONS) (TESTIMONIAL)
We have an options positions that is deep in the money, and I just want to explain to the newbies how to best maximize their profits. This comprises: S&P 500 (SPY) August $214-$217 in-the-money vertical bear put spread with a cost of $2.50. As long as the (SPY) closes at $214.00 or above on Friday,
Thank You John, While I was away at a car show today, my sell order was filled for my iShares Barclays 20+ Year Treasury Bond Fund (TLT) August, 2015 $125-$128 in-the-money vertical bear put spread at $2.90. I bought it at $2.62 after your Trade Alert. My profit was $2.89 - 2.62 = 0.27 x
Global Market Comments August 11, 2015 Fiat Lux Featured Trade: (AUGUST 12 GLOBAL STRATEGY WEBINAR), (MIXING WITH THE 1% AT THE PEBBLE BEACH CONCOURSE D? ELEGANCE)
Global Market CommentsAugust 10, 2015Fiat Lux Featured Trade:(THE JULY NONFARM PAYROLL YAWN),(SPY), (TLT)(WHY I DON?T CARE ABOUT OIL),(USO), (UNG) SPDR S&P 500 ETF (SPY)iShares 20+ Year Treasury Bond (TLT)United States Oil (USO)United States Natural Gas (UNG)
I?m back. No more croissants for breakfast. Goodbye to the fabulous selection of cold cuts and cheeses. No more great coffee. It?s back to a sugar infused, calorie packed concoction at Starbucks. In other words, it?s back to the salt mines for me. I have just come off a grueling 12 ? hour flight from
With the price of oil closing at a low on Friday of $43.77, you?d think I might be concerned. In actual fact, I could care less, am indifferent, unconcerned, and even could give a rat?s ass. There?s nothing like seeing your long term forecasts vindicated. When I warned the oil majors in the late 1990?s
Global Market Comments August 7, 2015 Fiat Lux Featured Trade: (AUGUST 12 GLOBAL STRATEGY WEBINAR), (REPORT FROM MOROCCO)
The Berber tribesmen were upset that their WiFi wasn?t working. I cannot think of a more dissonant statement to be made about the early 21st century. So I told the front desk clerks in remote Ouarzazate, Morocco, on the edge of the Western Sahara Desert, that I would be happy to fix it for them.