Apple (AAPL) has delivered again, choosing the expiration week of my January, 2014 $490-$520 bull call spread to take forward their gigantic joint venture with China Mobile (CHL), far and away the world?s largest phone company. Expect to see video of long lines forming at Apple stores throughout china. This is always good for the
Global Market Comments January 15, 2014 Fiat Lux Featured Trade: (INVESTORS WILL WIN THE ETF PRICE WAR), (BIDDING FOR THE STARS), (SPX), (INDU), (THE DEATH OF THE MUTUAL FUND), (TESTIMONIAL) S&P 500 Index (SPX) Dow Jones Industrial Average Index (INDU)
ETF?s are much more attractive than mutual fund competitors, with their notoriously bloated expenses and spendthrift marketing costs. You can?t miss those glitzy, overproduced, big budget ads on TV for a multitude of mutual fund families. You know, the ones with the senior couple holding hands walking down the beach into the sunset, the raging
Global Market Comments January 14, 2014 Fiat Lux Featured Trade: (THURSDAY FEBRUARY 20 MELBOURNE AUSTRALIA STRATEGY LUNCH), (WHY I?M KEEPING MY BOND SHORTS), (TLT), (TBT), (MUB), (LQD), (JNK), (HYG), (LINE), (ITB), (TESTIMONIAL) iShares 20+ Year Treasury Bond (TLT) ProShares UltraShort 20+ Year Treasury (TBT) iShares National AMT-Free Muni Bond (MUB) iShares iBoxx $ Invst Grade
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Melbourne, Australia on Thursday, February 20, 2014. An excellent meal will be followed by a wide-ranging discussion and question and answer period. I?ll be giving you my up to date view on stocks, bonds, currencies,
The Department of Labor took the punch bowl away from the party on Friday, reporting that the December nonfarm payroll came in at an anemic 74,000. Analyst forecasts had been running in the 200,000-250,000 range. What was even more interesting was that the labor participation rate dropped to a 1978 low, with nearly 400,000 workers
Global Market Comments January 13, 2014 Fiat Lux Featured Trade: (SATURDAY FEBRUARY 22 BRISBANE AUSTRALIA STRATEGY LUNCH), (AMERCIA?S DEMOGRAPHIC COLLAPSE AND YOUR STOCK PORTFOLIO)
Global Market Comments January 10, 2014 Fiat Lux Featured Trade: (FRIDAY FEBRUARY 14 SYDNEY AUSTRALIA STRATEGY LUNCH), (A SPECIAL NOTE ON EXERCISED JANUARY OPTIONS)
There are only 5 trading days left until the equity option expiration on January 17. My short dated January expiration play turned out to be wildly successful, with all of these positions quickly turning profitable. During the two-week December holidays when markets fell asleep, time decay assured that we made money almost every day, and
Global Market Comments January 9, 2014 Fiat Lux Featured Trade: (FEBRUARY 12 AUCKLAND NEW ZEALND STRATEGY LUNCH), (MAD HEDGE FUND TRADER CLOSES 2013 WITH 67.45% PROFIT), (AAPL), (XLE), (XLF), (FXY), (TLT), (SFTBY), (GILD) (TESTIMONIAL) Apple Inc. (AAPL) Energy Select Sector SPDR (XLE) Financial Select Sector SPDR (XLF) CurrencyShares Japanese Yen Trust (FXY) iShares 20+ Year
The performance of the Mad Hedge Fund Trader?s Trade Alert Service finished 2013 with a total return for followers of 67.45%. Including both open and closed trades, 75 out of the 90 Trade Alerts were profitable, a success rate of 83%. The final month of December alone came in at an eye popping 11.45%. The
Global Market Comments January 8, 2014 Fiat Lux Featured Trade: (TEN TIPS FOR SURVIVING A DAY OFF WITH ME), (TESTIMONIAL), (US HEADED TOWARDS ENERGY INDEPENDENCE), (USO), (UNG), (KOL), (XOM), (OXY) United States Oil (USO) United States Natural Gas (UNG) Market Vectors Coal ETF (KOL) Exxon Mobil Corporation (XOM) Occidental Petroleum Corporation (OXY)
My inbox was clogged with responses to my ?Golden Age? for the 2020?s piece, particularly my forecast that the US was moving towards complete energy independence. This will be the most important change to the global economy for the next 20 years. So I shall go into more depth. The energy research house, Raymond James,
Global Market Comments January 7, 2014 Fiat Lux 2014 Annual Asset Class Review FOR PAID SUBSCRIBERS ONLY Featured Trades: (SPX), (QQQ), (XLF), (XLE), (XLI), (XLY), (EEM), (TLT), (TBT), (JNK), (PHB), (HYG), (PCY), (MUB), (HCP) (FXE), (EUO), (FXC), (FXA), (YCS), (FXY), (CYB) (FCX), (VALE), (MOO), (DBA), (MOS), (MON), (AGU), (POT), (PHO), (FIW), (CORN), (WEAT), (SOYB), (JJG)
Global Market Comments January 6, 2014 Fiat Lux Featured Trades: MY 20 RULES FOR TRADING
Nothing like starting the New Year with going back to basics and reviewing the rules that worked so well for us in 2013. Call this the refresher course for Trading 101. I usually try to catch three or four trend changes a year, which might generate 50-100 trades, and often come in frenzied bursts. Since
Global Market Comments January 3, 2014 Fiat Lux Featured Trade: (REPORT FROM THE MATTERHORN SUMMIT)
From where I stand, the rolling foothills of Northern Italy spread out below me to the south. On my left lie the distinctive peaks of the Dolomite Alps. On my right I can see the massive expanse of Mont Blanc, at 15,781 feet the highest mountain in Europe. I am standing at the summit of
Global Market Comments January 2, 2014 Fiat Lux Featured Trade: (AN EVENING WITH GENERAL DOUGLAS FRASER), (EWZ), (ECH), (GXG), (CU), (CORN), (SOYB), (WEAT), (A COW BASED ECONOMICS LESSON) iShares MSCI Brazil Capped (EWZ) iShares MSCI Chile Capped (ECH) Global X FTSE Colombia 20 ETF (GXG) First Trust ISE Global Copper Index (CU) Teucrium Corn (CORN)
I never cease to be amazed by the intelligence provided me by the US Defense Department, which after the CIA, has the world?s most impressive and insightful economic research team. There are few places a global strategist like me can go to get intelligent, thoughtful forty-year views, and this is one. Wall Street, eat your