Global Market CommentsSeptember 17, 2014Fiat Lux Featured Trade:(THURSDAY OCTOBER 9 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON),(WHY I HAVE NO POSITIONS),(TLT), (TBT), (AAPL), (XLE), (XLV),?(IBB), (BIDU), (FXE), (FXY), (YCS),(TAKING A BITE OUT OF STEALTH INFLATION), (SGG), (WEAT) iShares 20+ Year Treasury Bond (TLT)ProShares UltraShort 20+ Year Treasury (TBT)Apple Inc. (AAPL)Energy Select Sector SPDR ETF (XLE)Health Care Select
For the first time in three years, the model trading portfolio of my Trade Alert service has no positions. It is 100% in cash. I took a small profit on my last remaining position on Friday, a long in the ProShares Ultra Short 20+ Year Treasury ETF (TBT), a bet that Treasury bond prices would
Global Market CommentsSeptember 16, 2014Fiat Lux Featured Trade:(THE BULL MARKET IS ALIVE AND WELL),(SPY), (NFLX), (TSLA), (GOOG), (TLT), (BAC),?(JPM), (AAPL), (COP), (OXY), (IBB)(IS THIS THE BIG TRADE OF 2015?),(JJC), (DBA), (CORN), (CU), (USO), (KOL),(TESTIMONIAL) SPDR S&P 500 ETF (SPY)Netflix, Inc. (NFLX)Tesla Motors, Inc. (TSLA)Google Inc. (GOOG)iShares 20+ Year Treasury Bond (TLT)Bank of America Corporation (BAC)JPMorgan
Global Market CommentsSeptember 15, 2014Fiat Lux Featured Trade:(RAILROADS ARE BREAKING OUT ALL OVER),(UNP), (CSX), (NSC), (CP), (ACI),(TESTIMONIAL) Union Pacific Corporation (UNP)CSX Corp. (CSX)Norfolk Southern Corporation (NSC)Canadian Pacific Railway Limited (CP)Arch Coal Inc. (ACI)
Global Market CommentsSeptember 12, 2014Fiat Lux Featured Trade:(MAD HEDGE FUND TRADER TOPS 30% GAIN IN 2014),(AAPL), (SPY), (TLT), (TBT), (FXE), (EUO),(THE BIPOLAR ECONOMY),(AAPL), (IBM), (INTC), (ORCL), (CAT) Apple Inc. (AAPL)SPDR S&P 500 ETF (SPY)iShares 20+ Year Treasury Bond (TLT)ProShares UltraShort 20+ Year Treasury (TBT)CurrencyShares Euro ETF (FXE)ProShares UltraShort Euro (EUO)International Business Machines Corporation (IBM)Intel Corporation
Global Market Comments September 11, 2014 Fiat Lux Featured Trade: (THURSDAY OCTOBER 9 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON), (IS THE 30-YEAR MORTGAGE AN ENDANGERED SPECIES?), (HANGING OUT WITH THE WOZ), (AAPL), Apple Inc. (AAPL)
Global Market CommentsSeptember 10, 2014Fiat Lux Featured Trade:(FRIDAY OCTOBER 24 SAN FRANCISCO STRATEGY LUNCHEON)(THE BOND CRASH HAS ONLY JUST STARTED),($TNX), (TLT), (TBT) 10 Year Tresury Note Yield INDX ($TNX)iShares 20+ Year Treasury Bond (TLT)ProShares UltraShort 20+ Year Treasury (TBT)
?2014 will be the fifth year of living dangerously,? said Ed Yardeni of Yardeni Research.
Global Market CommentsSeptember 9, 2014Fiat Lux Featured Trade:(SEPTEMBER 10 GLOBAL STRATEGY WEBINAR),(WHY SHAREHOLDER ACTIVISTS HAVE THE UPPER HAND),(JCP), (NFLX), (HLF), (AAPL),(INDIA IS CATCHING UP WITH CHINA),(FXI), (PIN), (INP), (TTM) J. C. Penney Company, Inc. (JCP)Netflix, Inc. (NFLX)Herbalife Ltd. (HLF)Apple Inc. (AAPL)iShares China Large-Cap (FXI)PowerShares India ETF (PIN)iPath MSCI India ETN (INP)Tata Motors Limited (TTM)
?Apple will never be a consumer products company,? said John Sculley, the Apple CEO who fired Steve Jobs in 1985. Today Apple is the world?s largest and most profitable consumer products company.
Global Market Comments September 8, 2014 Fiat Lux Featured Trade: (WELCOME TO MY NEW WEBSITE) (BEWARE THE COMING EQUITY FAMINE), (WHY WATER WILL SOON BE WORTH MORE THAN OIL), (CGW), (PHO), (FIW), (VE), (TTEK), (PNR) Guggenheim S&P Global Water ETF (CGW) PowerShares Water Resources ETF (PHO) First Trust ISE Water ETF (FIW) Veolia Environnement S.A.
So, you thought I was lounging around Europe this summer, sipping Champagne and working on my tan? Well, I confess that I did do some of that. The sad fact is that I spent most of the summer engineering a major, ground up rebuild of my website, and an expansion of our services. By the
The world is about to suffer an acute shortage of equity capital over the next eight years, which could total $12.3 trillion. That is the conclusion of the McKinsey Global Institute, an affiliate of McKinsey &Co., a great well of long-term economic thinking which I have been drawing from for the last 40 years. The
?Disco era security measures are not holding up so well with 2 billion people,? said Benedict Evans at venture capital firm Andreeson Horowitz.
Global Market Comments September 5, 2014 Fiat Lux Featured Trade: (SEPTEMBER 10 GLOBAL STRATEGY WEBINAR), (DEMOGRAPHICS AS DESTINY), (FXE), (EUO), (UUP), (A EURO COLLAPSE AT LAST!), (SPY), (EWJ), (EWL), (EWU), (EWG), (EWY), (FXI), (EWI), (EIRL), (GREK), (EWP), (RSX), (IDX), (EPOL), (TUR), (EWZ), (PIN), (EIS) CurrencyShares Euro ETF (FXE) ProShares UltraShort Euro (EUO) PowerShares DB US
European Central Bank president Mario Draghi pulled the rug out from under the Euro (FXE), (EUO) this morning, announcing a surprise cut in interest rate and substantially adding to its program of quantitative easing. The action caused the beleaguered currency to immediately gap down two full cents against the dollar, the ETF hitting a 15
If demographics is destiny, then America?s future looks bleak. At least, that is the inevitable conclusion if demographics is your only consideration. I have long been a fan of demographic investing, which creates opportunities for traders to execute on what I call ?intergenerational arbitrage?.? When the numbers of the middle aged are falling, risk markets
Global Market Comments September 4, 2014 Fiat Lux Featured Trade: (WHAT?S REALLY HAPPENING IN THE MIDDLE EAST), (USO), (TLT), (SPY), (GLD), (UUP), (XLK), (XLI), (XLF) United States Oil (USO) iShares 20+ Year Treasury Bond (TLT) SPDR S&P 500 (SPY) SPDR Gold Shares (GLD) PowerShares DB US Dollar Bullish ETF (UUP) Technology Select Sector SPDR ETF
Global Market Comments September 3, 2014 Fiat Lux Featured Trade: (THE CASE FOR BUYING FINANCIALS) (BAC), (C), (AXP), (TLT), (THE MYSTERY OF THE BRASHER DOUBLOON), (TESTIMONIAL) Bank of America Corporation (BAC) Citigroup Inc. (C) American Express Company (AXP) iShares 20+ Year Treasury Bond (TLT)
Regular readers of this letter are probably weary of me harping away about the financials as a great place to put your money for the rest of 2014. Never mind that these names have all jumped 10% in the past month. But this is not an ?I told you so? story. This is more of