Global Market CommentsFebruary 19, 2015Fiat Lux Featured Trade:(THE BEST IS YET TO COME IN CRUDE),(USO), (XOM), (COP), (OXY),(AN EVENING WITH DAVID TEPPER) United States Oil ETF (USO)Exxon Mobil Corporation (XOM)ConocoPhillips (COP)Occidental Petroleum Corporation (OXY)
For the last few months, I have leapt off my biweekly global strategy webinars to check the weekly crude inventories announced minutes before. This week?s figures absolutely blew me away. The American Petroleum Institute reported that crude stocks rose a staggering 14.3 million barrels over the past week. This is the biggest weekly build that
?I want staffers who are so loyal that they will kiss my ass in Macy?s front window and tell everyone it smells like roses,? said the late president, Lyndon Baines Johnson, the model for the character, Francis Underwood, in the hit cable TV series House of Cards.
Global Market Comments February 18, 2015 Fiat Lux Featured Trade: (AN AFTERNOON WITH GENERAL COLIN POWEL)
Global Market CommentsFebruary 17, 2015Fiat Lux Featured Trade:(FRIDAY, APRIL 3 HONOLULU, HAWAII STRATEGY LUNCHEON),(HOW FAR WILL BIOTECH RUN?),(GILD), (IBB) Gilead Sciences Inc. (GILD)iShares Nasdaq Biotechnology (IBB)
Long-term readers of this letter have prospered mightily from my addiction to biotech stocks in recent years, one of the most reliably top performing sectors in the stock market. But have we visited the well one time too many times? Is biotech turning into a bubble that will eventually deliver the same grievous outcome of
?We need to have more faith in the central bank?s ability to print money?, said Scott Minerd, of Guggenheim Partners.
Global Market CommentsFebruary 16, 2015Fiat Lux Featured Trade:(FEBRUARY 18 GLOBAL STRATEGY WEBINAR),(WHY ARE BOND YIELDS SO LOW?)(TLT), (TBT), (LQD), (MUB), (LINE), (ELD),(QQQ), (UUP), (EEM), (DBA)(BRING BACK THE UPTICK RULE!) iShares 20+ Year Treasury Bond (TLT)ProShares UltraShort 20+ Year Treasury (TBT)iShares iBoxx $ Invst Grade Crp Bond (LQD)iShares National AMT-Free Muni Bond (MUB)Linn Energy, LLC (LINE)WisdomTree
Investors around the world have been confused, befuddled and surprised by the persistent, ultra low level of long term interest rates in the United States. At today?s close, the 30 year Treasury bond yielded a parsimonious 2.01%, the ten year, 2.62%, and the five year only 1.51%. The ten-year was threatening its all time low
Global Market CommentsFebruary 13, 2015Fiat Lux Featured Trade:(FEBRUARY 18 GLOBAL STRATEGY WEBINAR),(THE CASE FOR EUROPE),(FXE), (HEDJ), (RSX), (GREK), (GLD), (TLT), (SPY)(OPTIONS FOR THE BEGINNER) CurrencyShares Euro ETF (FXE)WisdomTree Europe Hedged Equity ETF (HEDJ)Market Vectors Russia ETF (RSX)Global X FTSE Greece 20 ETF (GREK)SPDR Gold Shares (GLD)iShares 20+ Year Treasury Bond (TLT)SPDR S&P 500 ETF (SPY)
Global Market CommentsFebruary 12, 2015Fiat Lux Featured Trade:(HITTING TWO HOME RUNS IN ONE DAY),(FXY), (GILD),(THE NEW COLD WAR),(THE HISTORY OF TECHNOLOGY) CurrencyShares Japanese Yen ETF (FXY)Gilead Sciences Inc. (GILD)
Those of you who are paid subscribers have the good fortune of waking up to a bounty of riches this morning. Both Gilead Sciences (GILD) and the Japanese yen (FXY) have made gap moves in your favor overnight. Your long position in (GILD) saw a nice little $2 pop to the upside, and your short
Global Market Comments February 11, 2015 Fiat Lux Featured Trade: (WHO THE GRAND NICARAGUA CANAL HAS WORRIED), (SCAM OF THE MONTH)
Global Market CommentsFebruary 10, 2015Fiat Lux Featured Trade:(WHY THE JANUARY NONFARM PAYROLL WAS A BIG DEAL),(IWM), (DXJ), (HEDJ), (FXE), (FXY),(THE BIPOLAR ECONOMY),(TESTIMONIAL) iShares Russell 2000 (IWM)WisdomTree Japan Hedged Equity ETF (DXJ)WisdomTree Europe Hedged Equity ETF (HEDJ)CurrencyShares Euro ETF (FXE)CurrencyShares Japanese Yen ETF (FXY)
Economists were blown away by the January nonfarm payroll numbers, announced on Friday. Some 257,000 jobs were added the previous month, holding the headline unemployment figure at 5.7%. Far more important were the revisions for earlier months, which saw December increased to a robust 329,000 and November bumped up to a breathtaking 423,000. These numbers
Global Market CommentsFebruary 9, 2015Fiat Lux Featured Trade:(THE 12 NEW TRADING RULES FOR 2015),(AN ENVIRONMENTAL ACTIVISTS TAKE ON THE MARKETS),(DBA), (MOO), (PHO), (FIW)(FRIDAY, APRIL 3 HONOLULU, HAWAII STRATEGY LUNCHEON) PowerShares DB Agriculture ETF (DBA)Market Vectors Agribusiness ETF (MOO)PowerShares Water Resources ETF (PHO)First Trust ISE Water ETF (FIW)
1) Dump all hubris, pretentions and stubbornness. It will only cost you money. 2) The market is always right, even if all the prices appear wrong. 3) Only buy the puke outs and sell the euphoria. Do anything in the middle, and you will get whipsawed. 4) Outright calls and puts are offering a better
?Most inventions fail because the timing is wrong. Inventing is a lot like surfing. You have to anticipate and catch the wave just at the right moment,? said computer scientist and futurologist, Ray Kurzweil.
Global Market Comments February 6, 2015 Fiat Lux Featured Trade: (SHOPPING FOR A NEW BROKER)
Global Market CommentsFebruary 5, 2015Fiat Lux Featured Trade:(TRADING DEVOID OF THE THOUGHT PROCESS),(SPY), (INDU), (TLT), (USO),(GOING BACK INTO GILEAD SCINECES), (GILD),(ON EXECUTING TRADE ALERTS) SPDR S&P 500 ETF (SPY)Dow Jones Industrial Average ($INDU)iShares 20+ Year Treasury Bond (TLT)United States Oil ETF (USO)Gilead Sciences Inc. (GILD)