Bottom? Bottom? Where?s the market bottom? The talking heads on TV have been working overtime speculating on where the worst move down in the stock market in three years will take us. It all may sound like intelligent prognosticating to you. As for me, I know they are guessing. So I shall share with you
It?s time to teach some old dogs some new tricks. This is a bet that the S&P 500 does not climb to a new all time high by the November 21 expiration in 24 trading days. I think that we need to chop around here a bit and consolidate within a wide range before the
Global Market CommentsOctober 20, 2014Fiat Lux Featured Trade:(MAD HEDGE FUND TRADER HITS NEW ALL TIME HIGH WITH 40% GAIN),(SPY), (TBT), (TSLA), (BAC), (GILD), (DAL), (AAPL), (VIX),(OCTOBER 22 GLOBAL STRATEGY WEBINAR) SPDR S&P 500 ETF (SPY)ProShares UltraShort 20+ Year Treasury (TBT)Tesla Motors, Inc. (TSLA)Bank of America Corporation (BAC)Gilead Sciences Inc. (GILD)Delta Air Lines, Inc. (DAL)Apple Inc.
It was Thursday night, and the family was glued to the TV set. The San Francisco Giants were playing the St. Louis Cardinals for the National League Pennant. It was the bottom of the 9th inning, the score was tied 3-3, and the Giants were up. Two men were already on base. Then right fielder
?The dirty little secret in Washington is that the biggest doves wear uniforms. They have seen wars and they have seen consequences. They have also been sent into conflict and then seen political support evaporate. We need to be a lot more careful when deploying our military forces.? said former Secretary of Defense, Robert Gates.
Global Market CommentsOctober 17, 2014Fiat Lux Featured Trade:(THE BOTTOM BUILDING PROCESS HAS BEGUN),(SPY), (TLT), (TBT), (GILD), (AAPL), (DAL),(FRIDAY OCTOBER 24 SAN FRANCISCO STRATEGY LUNCHEON)(REVISITING CHENIERE ENERGY),(LNG), (USO), (UNG) SPDR S&P 500 ETF (SPY)iShares 20+ Year Treasury Bond (TLT)ProShares UltraShort 20+ Year Treasury (TBT)Gilead Sciences Inc. (GILD)Apple Inc. (AAPL)Delta Air Lines, Inc. (DAL)Cheniere Energy, Inc. (LNG)United
I have an arrangement with several large hedge funds where they pay me a small fortune every month for the privilege of calling me one day a year. Wednesday was that day. It was a day when the $20 billion hedge fund waited on hold while I got off the phone with the $100 billion
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in San Francisco on Friday, October 24, 2014. An excellent meal will be followed by a wide-ranging discussion and an extended question and answer period. I?ll be giving you my up to date view on stocks,
Global Market CommentsOctober 16, 2014Fiat Lux SPECIAL AIRLINE ISSUE Featured Trade:(DELTA AIRLINES IS CLEARED FOR TAKEOFF),(DAL), (UAL), (AAL), LUV), (USO), (TLT) Delta Air Lines, Inc. (DAL)United Continental Holdings, Inc. (UAL)American Airlines Group Inc. (AAL)Southwest Airlines Co. (LUV)United States Oil ETF (USO)iShares 20+ Year Treasury Bond (TLT)
When I was a young, clueless investment banker at Morgan Stanley 30 years ago, the head of equity sales took me aside to give me some fatherly advice. Never touch the airlines. The profitability of this industry was totally dependent on fuel costs, interest rates and the state of the economy, and management hadn't the
Global Market CommentsOctober 15, 2014Fiat Lux Featured Trade:(KEEP AMERICAN EXPRESS ON YOUR SHORT LIST),(AXP), (V),(BECOME MY FACEBOOK FRIEND),(OIL ISN?T WHAT IT USED TO BE),(USO), (DIG), (DUG) American Express Company (AXP)Visa Inc. (V)United States Oil ETF (USO)ProShares Ultra Oil & Gas (DIG)ProShares UltraShort Oil & Gas (DUG)
With the International Energy Agency cutting global consumption by 200,000 barrels a day in 2014 and 300,000 barrels a day in 2015, all eyes were on the oil market today. I had to slap myself when I saw the $81 handle for West Texas intermediate, it had gotten so cheap so fast. Virtually every stock
Global Market CommentsOctober 14, 2014Fiat Lux Featured Trade:(10 REASONS WHY THE BULL MARKET IS STILL ALIVE),(SPY), (TLT), (TSLA), (IWM),(BIDDING FOR THE STARS), (SPX), (INDU),(TESTIMONIAL) SPDR S&P 500 ETF (SPY)iShares 20+ Year Treasury Bond (TLT)Tesla Motors, Inc. (TSLA)iShares Russell 2000 (IWM)S&P 500 Large Cap Index (SPX)Dow Jones Industrial Average (^DJI)
Well, so much for the 200 day moving average! It?s like that girlfriend who has been ferociously loyal for the last year, and suddenly she is busy every weekend and never returns phone calls. Not that this ever happens to me. Ahem. I knew there would be trouble when the perma bulls on TV told
Global Market Comments October 13, 2014 Fiat Lux Featured Trade: (FRIDAY OCTOBER 24 SAN FRANCISCO STRATEGY LUNCHEON) (AMERCIA?S DEMOGRAPHIC COLLAPSE AND YOUR STOCK PORTFOLIO)
Global Market CommentsOctober 10, 2014Fiat Lux Featured Trade:(10 REASONS WHY I?M WRONG ON BOND),(TLT), (TBT), (LQD), (MUB), (ELD), (LINE),(A SPECIAL NOTE ON EXERCISED OCTOBER OPTIONS) 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 ETF (ELD)Linn Energy,
Global Market Comments October 9, 2014 Fiat Lux Featured Trade: (HOW TO EXECUTE A VERTICAL BULL CALL SPREAD) (AAPL) (TEN TIPS FOR SURVIVING A DAY OFF WITH ME) Apple Inc. (AAPL)
For those readers looking to improve their trading results and create the unfair advantage they deserve, I have just posted a new training video on How to Execute a Vertical Bull Call Spread. This is a pair of positions in the options market that will be profitable when the underlying security goes up, sideways, or
Global Market CommentsOctober 8, 2014Fiat Lux SPECIAL ENERGY ISSUE Featured Trade:(HOW LOW IS LOW FOR OIL?),(USO), (XOM), (COP), (OXY) United States Oil ETF (USO)Exxon Mobil Corporation (XOM)ConocoPhillips (COP)Occidental Petroleum Corporation (OXY)
With the recent collapse in oil prices, down a whopping $20 in just four months, I am starting to get a lot of emails from followers looking for Trade Alerts to buy the energy companies. After all, energy is one of my three core industries in which to invest over the next two decades. Why
