Let?s face it. We?ve had a great run since the stock market bottomed in a furious selling climax on October 15. Since then, the large cap S&P 500 (SPY) had tacked on some 18%, while the high tech NASDAQ (QQQ) has gained an impressive 23.6%, and the small cap Russell 2000 (IWM) flew 24.4%. My
Global Market CommentsMay 6, 2015Fiat Lux Featured Trade:(JUNE 29 LONDON STRATEGY LUNCHEON)(MAD HEDGE FUND TRADER HITS 23.7% PROFIT IN 2015),(FXE), (EUO), (FCX), (AAPL), (GS), (PANW), (DXJ), (LEN), (GOOG),(THE COOLEST TOMBSTONE CONTEST) CurrencyShares Euro ETF (FXE)ProShares UltraShort Euro (EUO)Freeport-McMoRan Inc. (FCX)Apple Inc. (AAPL)The Goldman Sachs Group, Inc. (GS)Palo Alto Networks, Inc. (PANW)WisdomTree Japan Hedged Equity ETF
I am sitting here in my luxury suite atop the Bellagio Hotel in Las Vegas. The vast expanse of the southern Nevada desert sprawls out before me, stretching all the way out to the red rock mountains. Fluffy clouds dot the horizon, and the weather is perfect. Reports say it will only be 95 degrees
?If horses controlled investment decisions, there would have been no auto industry,? said Oracle of Omaha, Warren Buffett. ?
Global Market CommentsMay 5, 2015Fiat Lux Featured Trade:(LAST CHANCE TO ATTEND THE LAS VEGAS WEDNESDAY MAY 8 GLOBAL STRAGEGY LUNCHEON)(THE SOLAR MISSING LINK IS HERE!),(SCTY), (FSLR), (SPWR), (TSLA), (GE) SolarCity Corporation (SCTY)First Solar, Inc. (FSLR)SunPower Corporation (SPWR)Tesla Motors, Inc. (TSLA)General Electric Company (GE)
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Las Vegas, Nevada on Friday, May 8. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I?ll be giving you my up to date view on stocks,
Global Market Comments May 4, 2015 Fiat Lux Featured Trade: (FRIDAY, MAY 15 SAN FRANCISCO STRATEGY LUNCHEON) (I?M OFF TO THE LAS VEGAS SALT CONFERENCE), (CATCHING THE MAYWEATHER/PACQUIAO FIGHT)
Fights certainly attract a different kind of crowd than, say, the Opera, the Chicago Art Institute or the PTA. This I was reminded of on Saturday while checking in to catch my flight from the Windy City to Las Vegas to catch the Mayweather/Pacquiao fight for the welterweight championship of the world. ?Glam? was definitely
?Sitting tight is seldom recommended by Wall Street. Don?t ask the barber whether you need a haircut,? said Oracle of Omaha, Warren Buffet.
Global Market CommentsMay 1, 2015Fiat Lux Featured Trade:(JUNE 22 WASHINGTON DC GLOBAL STRATEGY LUNCHEON)(CASHING IN ON FREEPORT MCMORAN),(FCX), (USO), (CU), (FM.TO), (ANTO.L),(BUY FLOOD INSRANCE WITH THE VIX),?(VIX), (VXX), (UVXY),(TESTIMONIAL) Freeport-McMoRan Inc. (FCX)United States Oil ETF (USO)First Trust ISE Global Copper ETF (CU)First Quantum Minerals Ltd. (FM.TO) Antofagasta plc (ANTO.L)VOLATILITY S&P 500 (^VIX)iPath S&P 500 VIX
I am writing this to you from Terminal 2 at San Francisco Airport, awaiting my Virgin America flight to Chicago. My conclusion so far is that the beef curry rice at the Japanese fast food joint Wakaba isn?t what it used to be. The meat is paper thin and full of fat and gristle. I
Global Market CommentsApril 30, 2015Fiat Lux Featured Trade:(FRIDAY, MAY 15 SAN FRANCISCO STRATEGY LUNCHEON),(HOW THE MARKETS WILL PLAY OUT THIS QUARTER),(SPY), (FXE), (FXY), (IWM), (QQQ), (USO), (FCX),?(TLT), (TBT), (GS), (PANW), (TAN), (AAPL),(TESTIMONIAL),(SIGN UP NOW FOR TEXT MESSAGING OF TRADE ALERTS) SPDR S&P 500 ETF (SPY)CurrencyShares Euro ETF (FXE)CurrencyShares Japanese Yen ETF (FXY)iShares Russell 2000 (IWM)
I think I have figured out the course of the global financial markets over the next few months. We are currently transitioning from an economic data flow from Q1 that was very weak, to the second quarter, which will almost certainly deliver us a robust set of numbers. This is on the heels of a
A BIG ?AAA+++ to John Thomas on the Apple (AAPL) trade. This is what it is all about. Steve, Mission Viejo, California With These Glasses I Can See the Future
Global Market CommentsApril 29, 2015Fiat Lux Featured Trade:?(LAS VEGAS WEDNESDAY MAY 8 GLOBAL STRAGEGY LUNCHEON),(HOW OBAMACARE WILL BOOST YOUR PORTFOLIO),(XLV), (GILD), (XLS), (XPH), (XBI), (GOOG) Health Care Select Sector SPDR ETF (XLV)Gilead Sciences Inc. (GILD)Exelis Inc. (XLS)SPDR S&P Pharmaceuticals ETF (XPH)SPDR S&P Biotech ETF (XBI)Google Inc. (GOOG)
Basking in the glow of the spectacular 22% profit by the Trade Alert Service so far in 2015, I sat down on a rock on a high mountain the other day to try and figure out what happened. The last time I saw a move this healthy was back in 2013, when I clocked a
?It is entirely predictable that people will occasionally panic, but not at all predictable when this will happen,? said Oracle of Omaha, Warren Buffet.
Global Market Comments April 28, 2015 Fiat Lux Featured Trade: (WEDNESDAY APRIL 29 GLOBAL STRATEGY WEBINAR), (LAST CHANCE TO ATTEND THE CHICAGO FRIDAY, APRIL 30 GLOBAL STRAGEGY LUNCHEON) (APPLE BLOWS OUT ALL PROFIT FORECASTS), (AAPL), (TESTIMONIAL) Apple Inc. (AAPL)
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Chicago on Thursday, April 30. A three course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I?ll be giving you my up to date view on stocks, bonds,
Apple blew away even the most optimistic forecasts yesterday, announcing earnings per share of $2.33, versus a consensus expectation of $2.16, and $1.75 last quarter. The firm earned $13.6 billion in profits on $58 billion in gross profits, the largest quarterly profit in world history. The company sold a staggering 61.2 million iPhone during the