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
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
?Apple really has become ?the? stock. People used to say ?Whatever is good for GM is good for the country. Apple is now that stock. The market will continue to be a good market as long as Apple is a good stock,? said Roger McNamee of venture capital firm Elevation Partners.
Global Market CommentsApril 27, 2015Fiat Lux Featured Trade:(JUNE 29 LONDON STRATEGY LUNCHEON)(JUMPING BACK INTO GOOGLE),(GOOG), (AAPL),(WHO WAS BEN BERNANKE?) Google Inc. (GOOG)Apple Inc. (AAPL)
Come join me for lunch for the?Mad Hedge Fund Trader?s?Global Strategy Update, which I will be conducting in London on Monday, June 29, 2015. A three course lunch is included. I?ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. And to keep you in suspense,
Google?s earnings were terrible. Therefore, the stock is rocketing. The fact that the earnings were not as bad as they could have been seems to be the twisted logic behind this rally. You would think I have a hole in my head buying a stock that just got slapped with a massive antitrust suit in
Global Market Comments April 24, 2015 Fiat Lux Featured Trade: (WEDNESDAY APRIL 29 GLOBAL STRATEGY WEBINAR), (THE RECESSION IS OVER!), (PLEASE USE MY FREE DATA BASE SEARCH)
The earnings announced for Q1 so far have been miserable, pummeled by a weak Euro, terrible weather and the West Coast port strike. But rather than collapse, global equity markets have punched through to new highs. It isn?t just the United States that is performing this magic trick. Most European indexes (HEDJ) have blasted through
Global Market CommentsApril 23, 2015Fiat Lux SPECIAL BERSHIRE HATHAWAY ISSUE Featured Trade:(A CHAT WITH BERKSHIRE HATHAWAY?S WARREN BUFFET),(BRK-A), (AXP), (WFC), (IBM), (KO), (GS), (AAPL), (UNP), (BAC) Berkshire Hathaway Inc. (BRK-A)American Express Company (AXP) Wells Fargo & Company (WFC) International Business Machines Corporation (IBM) The Coca-Cola Company (KO) The Goldman Sachs Group, Inc. (GS) Apple Inc.
Global Market Comments April 22, 2015 Fiat Lux Featured Trade: (JUNE 29 LONDON STRATEGY LUNCHEON) (THE TWO CENTURY DOLLAR SHORT), (CNN?S JOHN LEWIS; THE DEATH OF A COLLEAGUE)