I suffer earthquakes, forest fires, floods, dubious neighbors, high taxes, corrupt politicians, and a bankrupt state government to live in California. It is all worth it just to run the Bay to Breakers every year, a five mile run from the San Francisco Bay to the Pacific Ocean, which has evolved into the world?s most
Global Market Comments December 4, 2014 Fiat Lux Featured Trade: (THE EIGHT WORST TRADES IN HISTORY)
Global Market CommentsDecember 3, 2014Fiat Lux Featured Trade:(10 REASONS WHY I?M WRONG ON BOND),(TLT), (TBT), (LQD), (MUB), (ELD), (JNK),(A SPECIAL NOTE ON EXERCISED BANK OF AMERICA OPTIONS), (BAC) 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)WisdomTree Emerging Markets Lcl Dbt
This morning, Bank of America paid out a five cent quarterly dividend, which works out to an annualized yield of 1.18% and the shares will open this morning trading ex. For those of you who have wisely followed my Trade Alert to buy the Bank of America (BAC) December, 2014 $15-$16 vertical bull call spread,
Global Market CommentsDecember 2, 2014Fiat Lux Featured Trade:(DECEMBER 3 GLOBAL STRATEGY WEBINAR),(LOADING UP ON LINN ENERGY), (LINE), (USO), (UNG), (XLE),(THE MOST FUNCTIONAL WORD IN THE ENGLISH LANGUAGE) Linn Energy, LLC (LINE)United States Oil ETF (USO)United States Natural Gas ETF (UNG)United States Oil ETF (USO)
You can pay up to $17 a unit for (LINN) and have a good chance of making a quick, snapback profit. All of a sudden, everyone I know in Texas, and there are quite a few of them, called to tell me to buy Linn Energy, all within the space of one hour. I summarize
Passed on by a friend with my apologies in advance: Well, it's?shit... That's right, shit! Shit may just be the most functional word in the English language. You can smoke shit, buy shit, sell shit, lose shit, find shit, forget shit, and tell others to eat shit. Some people know their shit, while others can't
Global Market Comments December 1, 2014 Fiat Lux SPECIAL OIL ISSUE Featured Trade: (CHICAGO TUESDAY, DECEMBER 23 GLOBAL STRATEGY LUNCHEON), (AN IRAN PEACE DEAL AND YOUR PORTFOLIO), (USO), (UNG) United States Oil ETF (USO) United States Natural Gas ETF (UNG)
With the price of oil (USO), (XLE) hitting an eye popping $64 this morning, in the wake of the failed OPEC summit in Vienna, it is clear that something long term, structural, and epochal is going on. But what is it? We mere mortals are blind to it, but the financial markets haven?t the slightest
Global Market Comments November 28, 2014 Fiat Lux Featured Trade: (DECEMBER 3 GLOBAL STRATEGY WEBINAR), (SURVIVING THANKSGIVING)
Global Market Comments November 26, 2014 Fiat Lux SPECIAL SOLAR CITY ISSUE Featured Trade: (LOADING THE BOAT WITH SOLAR CITY), (SCTY), (USO) SolarCity Corporation (SCTY) United States Oil ETF (USO)
In recent weeks, I couldn?t help but notice the green and white vans of Solar City (SCTY) visiting my neighbors. My trader?s radar went up, so I thought there might be an opportunity here. What I found made an intriguing investment opportunity. As a preeminent supplier of solar energy, Solar City is a de facto
?I don?t know who spends more, Democrats or Republicans, but Democrats seem to enjoy it more,? said former Federal Reserve governor, Bob McTeer.
Global Market CommentsNovember 25, 2014Fiat Lux Featured Trade:(THE YEAREND MELT UP HAS STARTED!),(SPY), (TLT), (BAC), (FXE), (FXY),(EUROPEAN STYLE HOMELAND SECURITY),(TESTIMONIAL) SPDR S&P 500 ETF (SPY)iShares 20+ Year Treasury Bond (TLT)Bank of America Corporation (BAC)CurrencyShares Euro ETF (FXE)CurrencyShares Japanese Yen ETF (FXY)
Any doubts that my bullish call on global risk markets would play out as promised were blown away on Friday. That was when the central banks of China and Europe delivered a surprise, one two punch of monetary stimulus for their own troubled economies. The quantitative easing baton has successful been passed from America?s Federal
Global Market Comments November 24, 2014 Fiat Lux Featured Trade: (TRADING THE KENNEDY ASSASSINATION)
Global Market CommentsNovember 21, 2014Fiat Lux Featured Trade:(TRADE ALERT DROUGHT EXPLANATION AND MY MARKET TAKE),(SPY), (BABA), (VIX), (REPORT FROM AUSTRALIA) SPDR S&P 500 ETF (SPY)Alibaba Group Holding Limited (BABA)VOLATILITY S&P 500 (^VIX)
Those of you who recently purchased the Mad Hedge Fund Trader?s mentoring service may have noticed a sudden drop off in Trade Alerts. During October, I sent out a record 44 Alerts and Updates. As a result, that month was my best of the year, bringing in a gain of 6.69%. This month, only 5
The noise was as depressing as it was unmistakable. The front tire on my rental car blew out, leaving me stranded on the side of the road. The problem was that I was in the middle of nowhere in New South Wales, Australia, and it was pouring cats and dogs. Nothing but eucalyptus trees unfolded
?The private economy is OK here. It is absorbing these body blows from Washington. Housing and energy could offset the shenanigans coming out of there,? said Stephen Wood, CIO with Russell Investments Group.