When British Prime Minister, Winston Churchill, was informed that Italy joined the side of the Germans in the Second World War, he infamously replied, "Well, that's only fair. They were our allies in the First World War." Many investment strategists are similarly vexed today, trying to decide what to do about the home of the
Global Market CommentsJune 10, 2015Fiat Lux SPECIAL GOLD AND SILVER ISSUE Featured Trade:(JUNE 19 DALLAS, TEXAS GLOBAL STRATEGY LUNCHEON)(THE TERRIBLE NEWS THE BOND MARKET IS TELLING TO GOLD),(GLD), (GDX), (SIL), (ABX), (REMX), (SLV) SPDR Gold Trust (GLD)Market Vectors ETF Trust - Market Vectors Gold Miners ETF (GDX)Global X Funds - Global X Silver Miners ETF
The news from Australia?s Perth Mint was horrific last week. The refiner for the world?s second largest producer reported that sales hit a new three year low. And the worst is yet to come. Shipments of gold coins and bars plunged to 21,671 ounces in May, compared to 26,545 ounces in April. Silver sales have
Global Market CommentsJune 9, 2015Fiat Lux Featured Trade:(WEDNESDAY JUNE 10 GLOBAL STRATEGY WEBINAR),(JUNE 22 WASHINGTON DC GLOBAL STRATEGY LUNCHEON),(THE DEATH OF MCDONALD?S),?(MCD), (WFM) (SHAK), (CMG),?(PNRA), (MO), (YUM) McDonald's Corp. (MCD)Whole Foods Market, Inc. (WFM)Shake Shack Inc. (SHAK)Chipotle Mexican Grill, Inc. (CMG)Panera Bread Company (PNRA)Altria Group Inc. (MO) Yum! Brands, Inc. (YUM)
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy luncheon, which I will be conducting in Washington DC on Monday, June 22, 2015. A three-course lunch will be followed by an extended question and answer period. I?ll be giving you my up to date view on stocks, bonds, currencies, commodities, precious
McDonald?s (MCD) has always figured large in my life. I grew up next door to one of the first five stands built in the country, in the Los Angeles metropolitan area. That?s when visionary milkshake mixer salesman, Ray Kroc, started to franchise his revolutionary new ideas for delivering fast food. One of my fondest childhood
?It?s a manic depressive economy. Every other month we decide we might be in a recession,? said Kevin Hassett of the American Enterprise Institute.
Global Market CommentsJune 8, 2015Fiat Lux Featured Trade:(JUNE 25 NEW YORK STRATEGY LUNCHEON)(WHY STOCKS HATED THE MAY NONFARM PAYROLL),(SPY), (TLT), (IWM), (FXE), (VIX),(HAVE CALM WATERS RETURNED FOR SHIPPING STOCKS?),($BDI), (DRYS), (SEA), (GNK),?(RIO), (BHP), (KOL), (FXA), (EWA) SPDR S&P 500 ETF Trust (SPY) iShares Trust - iShares 20+ Year Treasury Bond ETF (TLT)iShares Trust - iShares
When the US Department of Labor announced its blockbuster May nonfarm payroll showing a 280,000 gain, stocks behaved like the world had just ended. The 32,000 in March and April upward revisions didn?t help either. You would think data showing that the economy is improving much faster than many realized would be positive for ?RISK
The shipping stocks have had an OK year so far in 2015. The big question remains: ?Is it real,? and ?Is it sustainable?? This sector has been down for so long that most investors left it for dead ages ago. All that was missing was the tolling of the Lutine Bell at the Lloyds of
?This goes down as a cycle that is short on respect, but long on resiliency,? said economist, David Rosenberg.
Global Market Comments June 5, 2015 Fiat Lux Featured Trade: (WEDNESDAY MAY 13 GLOBAL STRATEGY WEBINAR), (JUNE 19 DALLAS, TEXAS GLOBAL STRATEGY LUNCHEON), (WHY FOOD PLAYS ARE ABOUT TO EXPLODE), (MOS), (POT), (AGU), (DBA), (MOO) The Mosaic Company (MOS)Potash Corp. of Saskatchewan, Inc. (POT)Agrium Inc. (AGU)PowerShares DB Agriculture ETF (DBA)Market Vectors Agribusiness ETF (MOO) ?
Pack your portfolios with agricultural plays like Potash (POT), Mosaic (MOS), and Agrium (AGU) if Dr. Paul Ehrlich is just partially right about the impending collapse in the world?s food supply. You might even throw in long positions in wheat, corn, soybeans, and rice. The never dull and often controversial Stanford biology professor told me
Global Market Comments June 4, 2015 Fiat Lux Featured Trade: (JUNE 29 LONDON STRATEGY LUNCHEON) (AN EVENING WITH THE CHINESE INTELLIGENCE SERVICE), (FXI), (CYB), (BIDU), (CHL), (BYDDF), (CHA) iShares China Large-Cap (FXI) WisdomTree Chinese Yuan (CYB) Baidu, Inc. (BIDU) China Mobile Limited (CHL) BYD Company Ltd. (BYDDF) China Telecom Corp. Ltd. (CHA)
Global Market Comments June 3, 2015 Fiat Lux Featured Trade: (JUNE 22 WASHINGTON DC GLOBAL STRATEGY LUNCHEON) (THE GLOBAL IMPACT OF THE NEW JAPANESE IRA?S), (DXJ), (FXY), (YCS), (NMR), (SNE), (A SPECIAL NOTE ON EXERCISED OPTIONS) WisdomTree Japan Hedged Equity (DXJ)CurrencyShares Japanese Yen ETF (FXY)ProShares UltraShort Yen (YCS)Nomura Holdings, Inc. (NMR)Sony Corporation (SNE)
Nearly two years ago, the Japanese government introduced the Individual Retirement Account for individual investors in Japan for the first time. The move was part of Prime Minister Shinzo Abe?s multifaceted efforts to revive Japan?s economy, and could unleash as much as $690 billion in net buying into Japanese equities by 2018. The move was
Global Market CommentsJune 2, 2015Fiat Lux Featured Trade:(JUNE 25 NEW YORK STRATEGY LUNCHEON),(HOW THE MARKET WILL PLAY OUT FOR THE REST OF 2015),(AAPL), (IBB), (XLV), (XLK), (HACK), (VIX),(T), (MO), (COP), (LINN),(TESTIMONIAL),(KISS THAT UNION JOB GOODBYE) Apple Inc. (AAPL)iShares Trust - iShares Nasdaq Biotechnology ETF (IBB)Health Care Select Sector SPDR ETF (XLV)The Select Sector SPDR Trust
Sideways, then up. That is the short version. Now for the long one. Markets are caught in a vice right now. It is too late to buy and too soon to sell. So, institutions are sitting on their hands, index charts are doing their best to imitate the topography of Kansas, and the Volatility Index
Global Market CommentsJune 1, 2015Fiat Lux SPECIAL CYBER SECURITY ISSUE Featured Trade:(JUNE 19 DALLAS, TEXAS GLOBAL STRATEGY LUNCHEON)(THE LETTER FROM THE IRS YOU SHOULD DREAD),(PANW), (CSCO), (FEYE),?(FTNT), (CHKP), (JNPR), (SNE) Palo Alto Networks, Inc. (PANW) Cisco Systems, Inc. (CSCO)FireEye, Inc. (FEYE)Fortinet Inc. (FTNT)Check Point Software Technologies Ltd. (CHKP)Juniper Networks, Inc. (JNPR)Sony Corporation (SNE)
Global Market CommentsMay 29, 2015Fiat Lux Featured Trade:(JUNE 29 LONDON STRATEGY LUNCHEON),(THE SECOND AMERICAN INDUSTRIAL REVOLUTION),(INDU), (SPY), (QQQ), (GLD), (DBA),(TSLA), (GOOGL), (XLK), (IBB), (XLE) Dow Jones Industrial Average (INDU)SPDR S&P 500 ETF (SPY)PowerShares QQQ (QQQ)SPDR Gold Shares (GLD)PowerShares DB Agriculture ETF (DBA)Tesla Motors, Inc. (TSLA)Google Inc. (GOOGL)Technology Select Sector SPDR ETF (XLK)iShares Nasdaq Biotechnology (IBB)Energy