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
Global Market Comments September 2, 2014 Fiat Lux Featured Trade: (TACKLING THE INFLATION MYTH), (AAPL), (GOOG), (TWTR), (FB), (THE BULL MARKET IN AMERICAN COLLEGE DEGREES) Apple Inc. (AAPL) Google Inc. (GOOG) Twitter, Inc. (TWTR) Facebook, Inc. (FB)
Global Market Comments September 1, 2014 Fiat Lux Featured Trade: (SALUTING THE ?OLD BREED?) (WHERE THE ECONOMIST ?BIG MAC? INDEX FINDS CURRENCY VALUE), (MCD), (FXE), (YCS), (FXF), (CYB) (TESTIMONIAL) McDonald's Corp. (MCD) CurrencyShares Euro ETF (FXE)
It was with a mixture of nostalgia and awe that I attended the reunion luncheon celebrating the 72nd anniversary of America?s invasion of Guadalcanal. The event was hosted by my former division commander in Desert Storm, Major General Mike Myatt, at the Marines Memorial Association in San Francisco. I was there to represent the family.
Global Market Comments August 29, 2014 Fiat Lux Featured Trade: (MAKING HAY WITH THE EAGLE FORD SHALE), (USO), (UNG), (XOM), (CVX), (LNG), (CHK), (HAL) (THE PASSING OF A GREAT MAN) United States Oil (USO) United States Natural Gas (UNG) Exxon Mobil Corporation (XOM) Chevron Corporation (CVX) Cheniere Energy, Inc. (LNG) Chesapeake Energy Corporation (CHK) Halliburton
Sell the shovels to the gold miners. That was the lesson of the 1849 California gold rush. How many individual gold miners can you name today? How about none, unless you are an expert on the obscure street names of San Francisco. And the companies that sold supplies and services to them? Try Wells Fargo
Global Market Comments August 28, 2014 Fiat Lux Featured Trade: (TAKING A LOOK AT SOLAR CITY), (SCTY), (TSLA), (PCG) (SAN FRANCISCO?S SUFFERING RENTERS TAKE ANOTHER HIT) SolarCity Corporation (SCTY) Tesla Motors, Inc. (TSLA) PG&E Corporation (PCG)
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. With my second Tesla (TSLA) about to be delivered, the Model X SUV, it was time for me to review my
Global Market Comments August 27, 2014 Fiat Lux Featured Trade: (WHAT TO DO ABOUT APPLE?), (AAPL), (THE PARTY IS JUST GETTING STARTED WITH THE JAPANESE YEN), (FXY), (YCS), (DXJ) Apple Inc. (AAPL) CurrencyShares Japanese Yen ETF (FXY) ProShares UltraShort Yen (YCS) WisdomTree Japan Hedged Equity ETF (DXJ)