Global Market Comments July 30, 2014 Fiat Lux Featured Trade: (MY OLD PAL, LEONARDO FIBONACCI), (TESTIMONIAL)
Global Market Comments July 29, 2014 Fiat Lux Featured Trade: (TAKING PROFITS ON MY EURO SHORT), (FXE), (EUO), (HAVE CALM WATERS RETURNED FOR SHIPPING STOCKS?), ($BDI), (DRYS), (SEA), (GNK), ?(RIO), (BHP), (KOL), (FXA), (EWA) (TESTIMONIAL) CurrencyShares Euro ETF (FXE) ProShares UltraShort Euro (EUO) Baltic Dry Index ($BDI) DryShips, Inc. (DRYS) Claymore/Delta Global Shipping (SEA) Genco
The market marked our Currency Shares Euro Trust (FXE) August, 2014 $136-$138 in-the-money bear put spread at its maximum value of $2.00 last Wednesday. So I accepted the invitation to take profits and get out. For purposes of my P&L I?ll assume that it costs you two cents to execute, so I posted a selling
Global Market Comments July 28, 2014 Fiat Lux SPECIAL ITALY ISSUE Featured Trade: (JULY 30 GLOBAL STRATEGY WEBINAR FROM ZERMATT, SWITZERLAND), (WHAT TO DO ABOUT ITALY?), (EWI), (E), (TI), (LUX), (STM), (FIATY), (FXE) iShares MSCI Italy Capped (EWI) Eni SpA (E) Telecom Italia S.p.A. (TI) Luxottica Group SpA (LUX) STMicroelectronics NV (STM) Fiat S.p.A. (FIATY)
When British Prime Minister, Winston Churchill, was informed that Italy joined the side of the Germans in the Second World War, he infamously replied, ?Well, that?s only fair. They were our allies in the First World War.? Many investment strategists are similarly vexed today, trying to decide what to do about the home of the
Global Market Comments July 25, 2014 Fiat Lux Featured Trade: (JULY 30 GLOBAL STRATEGY WEBINAR FROM ZERMATT, SWITZERLAND), (A SPECIAL NOTE ON EXERCISED OPTIONS), (AN AFTERNOON WITH DR. PAUL EHRLICH), (POT), (MOS), (AGU), (CORN), (WEAT), (SOYB) Potash Corp. of Saskatchewan, Inc. (POT) The Mosaic Company (MOS) Agrium Inc. (AGU) Teucrium Corn ETF (CORN) Teucrium Wheat
Global Market Comments July 24, 2014 Fiat Lux Featured Trade: (JAPAN TO LAUNCH IRA?S), (DXJ), (FXY), (YCS), (KISS THAT UNION JOB GOODBYE) WisdomTree Japan Hedged Equity (DXJ) CurrencyShares Japanese Yen ETF (FXY) ProShares UltraShort Yen (YCS)
Global Market CommentsJuly 23, 2014Fiat Lux Featured Trade:(THE SECOND AMERICAN INDUSTRIAL REVOLUTION),(INDU), (SPY), (QQQ), (USO), (UNG), (GLD), (DBA),(TESTIMONIAL) ? Dow Jones Industrial Average (^DJI)SPDR S&P 500 (SPY)PowerShares QQQ (QQQ)United States Oil (USO)United States Natural Gas (UNG)SPDR Gold Shares (GLD)PowerShares DB Agriculture ETF (DBA)
Global Market Comments July 22, 2014 Fiat Lux SPECIAL ISSUE ON TURKEY Featured Trade: (LAST CHANCE TO ATTEND THE JULY 24 ZERMATT, SWITZERLAND GLOBAL STRATEGY SEMINAR), (HAS TURKEY SUFFERED ENOUGH?), ?(TUR), (EEM) iShares MSCI Turkey (TUR) iShares MSCI Emerging Markets (EEM)
I am writing this to you from the veranda of the presidential suite at the Ciragan Palace Hotel in Istanbul. The former palace of an Ottoman prince, the commerce of the Straights of Bosphorus plays out before me. Empty supertankers lumber up the narrow waterway to pick up another load of Russian crude at Baku,
Global Market Comments July 21, 2014 Fiat Lux Featured Trade: (CHECKING IN WITH SKYBRIDGE?S ANTHONY SCARAMUCCI)
?We are in a broad based liquidity driven bull market.? Furthermore, the major indexes are poised to tack on ?another 10% by the end of this year.? That was the informed view of SkyBridge Capital managing partner Anthony Scaramucci, known as the ?Mooch? to his friends. I touched based with Anthony while passing through New
Global Market Comments July 18, 2014 Fiat Lux Featured Trade: (MAD HEDGE FUND TRADER SETS NEW ALL TIME HIGH WITH 22.9% GAIN IN 2014), (AAPL), (CAT), (MSFT), (TLT), (GM), (SPY) (PLAY CHINA?S YUAN FROM THE LONG SIDE), (CYB), ($SSEC), (EEM) Apple Inc. (AAPL) Caterpillar Inc. (CAT) Microsoft Corporation (MSFT) iShares 20+ Year Treasury Bond (TLT)
I am writing this to you from the island of Sardinia, part of Italy, a clump of arid mountains dropped right in the middle of the western Mediterranean. I am bobbing offshore from Porto Cuervo on the famed Costa Smeralda, or Emerald Coast, in a friend?s 100-foot sailboat, awaiting permission to enter. The water here
Global Market Comments July 17, 2014 Fiat Lux Featured Trade: (JULY 24 ZERMATT, SWITZERLAND GLOBAL STRATEGY SEMINAR) (ANNOUNCING THE MAD HEDGE FUND TRADER VIDEO CHANNEL ON YOUTUBE), (THE ULTRA BULL ARGUMENT FOR GOLD), (GLD), (GDX), (ABX), (SLV) SPDR Gold Shares (GLD) Market Vectors Gold Miners ETF (GDX) Barrick Gold Corporation (ABX) iShares Silver Trust (SLV)
Come join me for afternoon tea for the Mad Hedge Fund Trader?s Global Strategy Seminar, which I will be conducting high in the Alps in Zermatt, Switzerland at 2:00 PM on Thursday, July 24, 2014. A PowerPoint presentation will be followed by an open discussion on the crucial issues facing investors today. Coffee, tea, and
One request I get more than any other, is to expand on my half century of international travel, provide a business, economic, and historical backdrop, and place it in today?s global context. Shake up such a cocktail of experience and knowledge, and more than a few trading and investment ideas spill over the top. If
Global Market Comments July 16, 2014 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE JULY 18 BARCELONA, SPAIN STRATEGY LUNCHEON) ?(AN EVENING WITH TEXAS GOVERNOR RICK PERRY), ?(LNG), (UNG), (TSLA) Cheniere Energy, Inc. (LNG) United States Natural Gas (UNG) Tesla Motors, Inc. (TSLA)
Global Market Comments July 15, 2014 Fiat Lux Featured Trade: (JULY 17 GLOBAL STRATEGY WEBINAR FROM BARCELONA, SPAIN), (JUMPING BACK INTO APPLE), (AAPL), (HOW TO AVOID PONZI SCHEMES) Apple Inc. (AAPL)
Last Thursday,?Trade Alert?followers saw?Mad Day Trader?Jim Parker and I both jump into Apple (AAPL) on the long side, once again. When two old critters with a combined 85 years of trading experience, such as ourselves, agree on something, it is usually a pretty good idea. We were both responding to a rare $3, or 3.1%
