Global Market Comments February 19, 2014 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE SATURDAY FEBRUARY 22 BRISBANE AUSTRALIA STRATEGY LUNCH) (NOT YOUR FATHER?S RAILROADS), (UNP), (CSX), (NSC), (CP), (THE WORST TRADE OF ALL TIME), (GLD) Union Pacific Corporation (UNP) CSX Corp. (CSX) Norfolk Southern Corporation (NSC) Canadian Pacific Railway Limited (CP) SPDR Gold
When I rode Amtrak?s California Zephyr service from Chicago to San Francisco last year, we passed countless trains heading west hauling hoppers full of coal for shipment to China. This year I took the same trip. The coal trains were gone. Instead I saw 100 car long tanker trains transporting crude oil from North Dakota
Global Market Comments February 18, 2014 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE THURSDAY FEBRUARY 20 MELBOURNE, AUSTRALIA STRATEGY LUNCH) (AN EVENING WITH GOVERNMENT MOTORS), (GM), (BUSINESS IS BOOMING AT ROUGH TIMES), (GLD), (SLV), (CCJ), (NLR) General Motors Company (GM) SPDR Gold Shares (GLD) iShares Silver Trust (SLV) Cameco Corporation (CCJ) Market Vectors
Long-term readers of this letter are well aware of my antipathy towards General Motors (GM). For decades, the company turned a deaf ear to customer complaints about shoddy, uncompetitive products, arcane management practices, entitled dealers, and a totally inward looking view of the world that was rapidly globalizing. It was like watching a close friend
Following Howard Ruff for the last 40 years has always been eye opening, if not entertaining. The irascible Mormon is the publisher of Ruff Times, one of the oldest investment letters in the business, and one of the original worshipers of hard assets. Ruff says that any investment denominated in dollars is a mistake, which
Global Market Comments February 14, 2014 Fiat Lux Featured Trade: (SATURDAY FEBRUARY 22 BRISBANE AUSTRALIA STRATEGY LUNCH), (DECODING THE GREEBACK), (THE FUSION IN YOUR FUTURE), (WHAT ABOUT ASSET ALLOCATION?)
Global Market Comments February 13, 2014 Fiat Lux Featured Trade: (THURSDAY FEBRUARY 20 MELBOURNE, AUSTRALIA STRATEGY LUNCH) (THERE ARE NO GURUS), (WATCH OUT FOR THE MILLENNIAL VOTER) (TESTIMONIAL)
Global Market Comments February 12, 2014 Fiat Lux Featured Trade: (GET READY FOR THE NEXT GOLDEN AGE), (SPY), (QQQ), (IWM), (EEM), (KOL), (USO), (UNG), (TSLA), (NSANY), (FXY), (YCS), (FXE) SPDR S&P 500 (SPY) PowerShares QQQ (QQQ) iShares Russell 2000 (IWM) iShares MSCI Emerging Markets (EEM) Market Vectors Coal ETF (KOL) United States Oil (USO) United
I believe that the global economy is setting up for a new golden age reminiscent of the one the United States enjoyed during the 1950?s, and which I still remember fondly. This is not some pie in the sky prediction. It simply assumes a continuation of existing trends in demographics, technology, politics, and economics. The
Global Market Comments February 11, 2014 Fiat Lux Featured Trade: (FRIDAY FEBRUARY 14 SYDNEY, AUSTRALIA STRATEGY LUNCH), (WHY WARREN BUFFETT HATES GOLD), (GLD), (GDX), (ABX), (AN EVENING WITH JAMES BAKER III), (CONNECTING UP AMERICA) SPDR Gold Shares (GLD) Market Vectors Gold Miners ETF (GDX) Barrick Gold Corporation (ABX)
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Auckland, New Zealand on Wednesday, February 12, 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, commodities, precious metals,
One of my many alma maters, the University of Southern California, announced that they had received their largest private donation ever. As a third generation alumni of this fanatical football factory (I went to school with Mark Harmon, Lynn Swan, and, oops, OJ Simpson), I still receive their alumni newsletter, where I learned the good
Global Market Comments February 7, 2014 Fiat Lux Featured Trade: (TAKING OFF FOR THE ANTIPODES), (SATURDAY FEBRUARY 22 BRISBANE AUSTRALIA STRATEGY LUNCH), (TESTIMONIAL)
I will be departing for my Mad Hedge Fund Trader?s 2014 Australia and New Zealand tour as soon as I finish writing today?s letter. During the next 18 days, I will fly 22,000 miles, dining with my abundance of readers in the southern hemisphere. I am leaving you in good hands with a clean conscience.
Global Market Comments February 6, 2014 Fiat Lux Featured Trade: (THURSDAY FEBRUARY 20 MELBOURNE, AUSTRALIA STRATEGY LUNCH) (MAD HEDGE FUND TRADER SURGES AHEAD WITH A 5.78%), (TLT), (UNG), (AAPL) (DINNER WITH ELIOT SPITZER) iShares 20+ Year Treasury Bond (TLT) United States Natural Gas (UNG) Apple Inc. (AAPL)
The red hot performance of the Mad Hedge Fund Trader?s Trade Alert Service has maintained its blistering pace from last year, picking up another 6.49% profit in the first two trading weeks of 2014. The Dow Average was down 6.2% during the same period pegging my outperformance of the index at a stunning 12.7%. Since
Global Market Comments February 5, 2014 Fiat Lux Featured Trade: (FRIDAY FEBRUARY 14 SYDNEY, AUSTRALIA STRATEGY LUNCH), (THREE CHARTS THAT WILL TURN THE MARKETS), (TLT), (TBT), (FXY), (YCS), (SPX), (BAC), (C), (GLD), (GRAPES OF WRATH REDUX), (TESTIMONIAL) iShares 20+ Year Treasury Bond (TLT) ProShares UltraShort 20+ Year Treasury (TBT) CurrencyShares Japanese Yen Trust (FXY) ProShares
I wrote at length yesterday about why this is not a new bear market, but a traditional 7%-10% correction instead. Now, I?ll show you three charts that will call the exact turnaround. The ten-year Treasury bond (TLT), (TBT) is clearly the lead contract. It has, far and away, been the most accurate in anticipating the
Global Market Comments February 4, 2014 Fiat Lux Featured Trade: (THREE CORRECTIONS FOR THE PRICE OF ONE), (TLT), (TBT), (SPY), (CHINA?S VIEW OF CHINA), (FXI), (EEM) (FEBRUARY 12 AUCKLAND NEW ZEALND STRATEGY LUNCH) iShares 20+ Year Treasury Bond (TLT) ProShares UltraShort 20+ Year Treasury (TBT) SPDR S&P 500 (SPY) iShares China Large-Cap (FXI) iShares MSCI
I love this market action. For me, it means that we are setting up ideal entry points for a broad range of asset classes that will deliver another +67% year. It will set up for you too, if you continue to read this letter. What the market is in fact doing is giving us three