The best is yet to come with regards to the US economy, says the Federal Reserve. The oncoming onslaught of positive economic data means that the bull market in stocks will have years to run. The full impact of the Fed?s aggressive five year, $4.5 trillion program of monetary easing will only start to be
Take those predictions, forecasts, and prognostications with so many grains of salt. They have a notorious track record for being completely wrong, even when made by the leading experts in their fields. In preparing for my autumn lecture series, I came across the following nuggets and thought I?d share them with you. There are some
Global Market Comments February 27, 2015 Fiat Lux Featured Trade: (MARCH 4 GLOBAL STRATEGY WEBINAR), (RIGHT SIZING YOUR TRADING), (?THE OPENING BELL WITH JIM PARKER?)
The Opening Bell with Jim Parker Well, you asked for it, and now it is here. You were looking for that extra edge in reading and trading the markets? Well, now it is here, The Opening Bell with Jim Parker. With The Opening Bell, Jim Parker will give an early read on where each day?s
Global Market CommentsFebruary 26, 2015Fiat Lux Featured Trade:(HOW HIGH IS HIGH?),(SPY), (QQQ), (IWM), (USO), (TLT), (VIX),(ORDER EXECUTION 101) SPDR S&P 500 ETF (SPY)PowerShares QQQ Trust, Series 1 (QQQ)iShares Russell 2000 (IWM)United States Oil ETF (USO)iShares 20+ Year Treasury Bond (TLT)VOLATILITY S&P 500 (^VIX)
Those who read my New Year predictions already know that my target for the S&P 500 at the end of 2015 is a range of 2,288-2,392, or up 10%-15%. When I made that forecast, I was heaped with abuse, derision and scorn, as usual. Perma bears and market haters never miss an opportunity to loose
Global Market CommentsFebruary 25, 2015Fiat Lux Featured Trade:(WHY SOLAR STOCKS ARE CATCHING ON FIRE),(FSLR), (SPWR), (SCTY),(INDIA IS CATCHING UP WITH CHINA),(TESTIMONIAL) First Solar, Inc. (FSLR)SunPower Corporation (SPWR)SolarCity Corporation (SCTY)
Long time solar observers were stunned by the news that First Solar (FSLR) and Sunpower (SPWR) were teaming up to create a joint venture. The stock market certainly got the message. Sunpower rocketed by 18%, while First Solar soared by 17%. Imagine Macy?s merging with Gimbels, Coke tying up with Pepsi or the Los Angeles
I bought Theravance Inc. (THRX) call options at 20 cents and sold them for 95 cents. Thank Jim Parker for the lotto win. James Sydney, Australia
?The last time oil stocks were this high, Gandhi was on the cover of Time Magazine and most Germans thought Hitler was clown. IT was 1930.? said Stephen Schork of the Schork Report.
Global Market CommentsFebruary 24, 2015Fiat Lux Featured Trade:(DIPPING MY TOES BACK INTO GOLD),(GLD), (SLV), (GDX), (ABX), (PALL)(THE GAME CHANGER IN INDIA),(INP), (PIN), (EPI), (EEM), (CEW), (ELD),(USO), (KOL), (CU), (GLD) SPDR Gold Shares (GLD)iShares Silver Trust (SLV)Market Vectors Gold Miners ETF (GDX)Barrick Gold Corporation (ABX)ETFS Physical Palladium (PALL)iPath MSCI India Index ETN (INP)PowerShares India (PIN)WisdomTree India
One of my best calls of 2014 was to plead with readers to avoid gold like the plague, periodically dipping in on the short side only. Gold certainly delivered disappointment in spades, falling 4%, while the US stocks, bonds and the dollar were on fire. The barbarous relic has been in a bear market since
So far in 2015 the Indian stock market has handily beaten that of the US, by 10.6% compared to 5.3%. ?The India election result is the biggest development to affect emerging markets over the last 30 years.? That is what retired chairman of Goldman Sachs Asset Management and originator of the ?BRIC? term, Jim O?Neal,
?China is still the 800 pound gorilla. Maybe it?s no longer going to grow at 10%, but it?s still going to grow at a faster rate than Europe or the US,? said Edwin Rodriguez Jr., the biggest financial advisor in Louisiana, with $2.8 billion in assets.
Global Market Comments February 23, 2015 Fiat Lux Featured Trade: (THE SPRING IN CISCO?S SYSTEM?S STEP), (CSCO), (REPORT ON THE 6th ANNUAL SKYBRIDGE ALTERNATIVES CONFERENCE) Cisco Systems, Inc. (CSCO)
I thought I noticed a spring in the step of Cisco Systems (CSCO) CEO John Chambers when he strutted out on TV to announce earnings last week. Revenue came in just shy of $12 billion, a 7% improvement over fiscal 2014's Q2, and earnings per share really popped -- up 70% on a GAAP basis
Once again, I am writing to you from the poolside cabana B-2 at the Bellagio Hotel in Las Vegas. It is a baking hot 100 degrees in the shade and the air is bone-dry, so I?m draining my third rum punch for the day.The days when I risked getting dragged out to the parking lot
?Vision without execution is just hallucination.? said Thomas Edison.
Global Market CommentsFebruary 20, 2015Fiat Lux Featured Trade:(A NOTE ON THE FRIDAY OPTIONS EXPIRATION),(FXY), (GILD), (SPY), (VIX),(TLT), (IWM), (QQQ), (SCTY), (USO), (GLD),?(AN EVENING WITH TEXAS GOVERNOR RICK PERRY),?(LNG), (UNG), (TSLA) CurrencyShares Japanese Yen ETF (FXY)Gilead Sciences Inc. (GILD)SPDR S&P 500 ETF (SPY)VOLATILITY S&P 500 (^VIX)iShares 20+ Year Treasury Bond (TLT)iShares Russell 2000 (IWM)PowerShares QQQ Trust,
We have several options positions that expire on Friday, and I just want to explain to the newbies how to best maximize their profits. These include: The Currency Shares Japanese Yen Trust (FXY) February $84-$87 vertical bear put spread The Gilead Sciences (GILD) February $87.50-$92.50 vertical bull call spread The S&P 500 (SPY) February $199-$202