Global Market Comments July 29, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE GREAT ROTATION LIVES), or (FLYING THE 1929 TRAVELAIRE D4D), (NVDA), (TSLA), (JPM), (CCI), (CAT), (DHI), (SLV), (GLD), (BRK/B), (DE)
I am writing this from the famed Hornli Hut on the north ridge of the Matterhorn at 10,700 feet. I’m not here to climb the iconic mountain one more time. Seven summits are enough for me. What left do I have to prove? It is a brilliant, clear day and I can see Zermatt splayed
“There are old pilots and there are bold pilots, but there are no old, bold pilots,” according to the US Marine Corps flight school.
Global Market Comments July 26, 2024 Fiat Lux Featured Trade: (AUGUST 15 LONDON ENGLAND STRATEGY LUNCHEON) (JULY 24 BIWEEKLY STRATEGY WEBINAR Q&A), (UUP), (FXE), (FXC), (FXA), (FXB), (USO), (FCX), (CCJ), (FXI), (CAT), (DE), (NVDA)
Below please find subscribers’ Q&A for the July 24 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Zermatt, Switzerland. Q: Does the entry of Kamala Harris into the presidential election have any effect on the stock market? A: No. I know someone who did research on markets and elections going all the way back
"The Clinton and Bush administrations had it right with regards to our relations with China. We need to draw red lines when necessary and build bridges when possible." said my friend, columnist Tom Friedman, of the New York Times.
Global Market Comments July 25, 2024 Fiat Lux Featured Trade: (AUGUST 5 VILNIUS LITHUANIA STRATEGY LUNCHEON) (A NOTE ON OPTIONS ASSIGNED OR CALLED AWAY) (TLT), (TSLA)
Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Vilnius, Lithuania at 12:00 PM on Monday, August 5, 2024. 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
With the heightened volatility this week, I am seeing an increasing number of options positions assigned or called away. I know all of this may sound confusing at first. But once you get the hang of it, this is the greatest way to make money since sliced bread. I still have five positions left in
Global Market Comments July 24, 2024 Fiat Lux Featured Trade: (WHAT AI CAN AND CAN’T DO FOR YOU) (AAPL), (GOOGL), (AMZN), (AMZN), (TSLA), (NVDA), (MU)
The future has arrived! Over the last few weeks, I picked up some astonishing developments in artificial intelligence. *Mainframes at Stanford University and the University of California at Berkeley were given a direct connection to speak freely with each other. Within 30 minutes they dumped English as a means of communication because it was too
Global Market Comments July 23, 2024 Fiat Lux Featured Trade: (SOME SAGE ADVICE ON ASSET ALLOCATION)
Asset allocation is the one question that I get every day, which I absolutely cannot answer. The reason is simple: no two investors are alike. The answer varies whether you are young or old, have $1,000 in the bank or $1 billion, are a sophisticated investor or an average Joe, are in the top or
“The bubble is in the bond market, not the stock market,” said Leon Cooperman, CEO of Omega Advisors, an original investor in my 1990s hedge fund.
Global Market Comments July 22, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE GREAT ROTATION IS ON)
I am sitting on the balcony of my chalet in Zermatt Switzerland with a river roaring past me sipping a glass of stiff cherry schnapps. Facing south, the Matterhorn towers above me. It is 4:00 AM and pitch black. Of course, I have nine hours of jetlag bedeviling me flying straight out from San Francisco.
Global Market Comments July 19, 2024 Fiat Lux Featured Trade: (THE BARBELL PLAY WITH BERKSHIRE HATHAWAY), (BRK/B)
“Either you figured it out in a day or two or you were dead,” said the late Battle of Britain Spitfire pilot, John Schooling, and my aerobatics instructor in England 40 years ago.
Global Market Comments July 18, 2024 Fiat Lux Featured Trade: (AUGUST 15, 2024 LONDON, ENGLAND STRATEGY LUNCHEON) (WHY GOLD IS GOING TO A NEW HIGH), (GLD), (GOLD), (NEM), (GDX)