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
Global Market Comments September 17, 2015 Fiat Lux Featured Trade: (FRIDAY, OCTOBER 30 SAN FRANCISCO STRATEGY LUNCHEON) (THE RECEPTION THAT THE STARS FELL UPON)
Global Market Comments September 16, 2015 Fiat Lux Featured Trade: (FRIDAY, OCTOBER 23 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON) (THE BULL MARKET IS ALIVE AND WELL), or (HOW TO SPOT A MARKET TOP), (SPY), (NFLX), (TSLA), (FB), (LEN), (TLT), (BAC) SPDR S&P 500 ETF (SPY)Netflix, Inc. (NFLX)Tesla Motors, Inc. (TSLA)Facebook, Inc. (FB)Lennar Corporation (LEN)iShares 20+ Year
It?s fall again, when my most loyal readers are to be found taking transcontinental railroad journeys, crossing the Atlantic in an a first class suite on the Queen Mary 2, or getting the early jump on the Caribbean beaches. What better time to spend your trading profits than after all the kids have gone back
What has to happen for even me to believe that the market is topping? I have a laundry list: 1) Retail buyers enter the stock market on a large scale. So far they are missing in action. 2) S&P 500 profits historically peak at 50% above the old high. In the last cycle they got
Global Market Comments September 15, 2015 Fiat Lux Featured Trade: (OCTOBER 12 PORTLAND, OREGON GLOBAL STRATEGY LUNCHEON), (THE COMING MARKET REACTION TO THE FED DECISION), (SPY), (VIX), (TAKING A BITE OUT OF STEALTH INFLATION), (SGG), (WEAT) SPDR S&P 500 ETF (SPY)VOLATILITY S&P 500 (^VIX)iPath Bloomberg Sugar SubTR ETN (SGG)Teucrium Wheat ETF (WEAT)
Up, then down, then up again. How about that? Will the Federal Reserve reverse their nine-year interest rate-cutting trend, or does it have another three months of life? Is global economic weakness, or the approach of US full employment first and foremost in the mind of my friend, Federal Reserve governor Janet Yellen? I?m sure
Global Market CommentsSeptember 14, 2015Fiat Lux Featured Trade:(A DAY IN THE LIFE OF THE MAD HEDGE FUND TRADER),(SPY), (SPX), (QQQ), (AAPL), (VIX), (FSLR), (SCTY), (TLT), (TBT), (FXE), (GLD), (GDX), (USO) SPDR S&P 500 (SPY)S&P 500 Index (SPX)PowerShares QQQ (QQQ)Apple Inc. (AAPL)VOLATILITY S&P 500 (^VIX)First Solar, Inc. (FSLR)SolarCity Corporation (SCTY)iShares 20+ Year Treasury Bond (TLT)ProShares UltraShort
