Global Market Comments November 20, 2013 Fiat Lux Featured Trade: (THE MARKET TAKES A BREAK), (SPY), (IWM), (FXY), (AAPL), (C), (TLT), (RINGING THE REGISTER WITH THE AUSSIE), (FXA), (EWA), (FXI), (THE MYSTERY OF THE BRASHER DOUBLOON) SPDR S&P 500 (SPY) iShares Russell 2000 (IWM) CurrencyShares Japanese Yen Trust (FXY) Apple Inc. (AAPL) Citigroup, Inc. (C)
I often use my own profit and loss statement as a leading market indicator. Whenever I am blessed with a windfall profit, it is frequently time to sell. On those rare occasions when I take a big hit, it is invariably time to buy. This is one of those times. Since November 1, the Trade
This is our 13th consecutive closing profitable position, and 19th consecutive profitable Trade Alert when you include our remaining open positions. I have only seven more winners to go before I break my old record of 25. Since I strapped on this trade last week, the (FXA) has popped a full 1 ? points to
The Chinese government has announced the most revolutionary changes to its economy in nearly four decades. The implications for global stock markets are hugely positive, and until now, under appreciated. The Middle Kingdom?s state controlled media, never prone to hyperbole, are calling it ?a new historical starting point.? Chinese stocks have rocketed since word of
Global Market Comments November 19, 2013 Fiat Lux Featured Trade: (CHINESE REFORMS AND THE US STOCK MARKET), (FXI), (CHL), (CYB), (RUBBING SHOULDERS WITH THE ?1%? AT INCLINE VILLAGE) iShares China Large-Cap (FXI) China Mobile Limited (CHL) WisdomTree Chinese Yuan (CYB)
If you really want to get a read on how ?the 1%? are faring these days, take a ski vacation to the tony hamlet of Incline Village on the pristine shores of Nevada?s Lake Tahoe. Each morning, I trekked to Starbucks, one of the few local sources for the Wall Street Journal and the New
Global Market Comments November 18, 2013 Fiat Lux Featured Trade: (NOVEMBER 20 GLOBAL STRATEGY WEBINAR), (MAD HEDGE FUND TRADER MELTS UP TO 56% 2013 PERFORMANCE), (SPY), (IWM), (FXA), (TLT), (AAPL), (XLI), (C), (THE YEN IS DEAD MEAT), (FXY), (YCS), (DXJ), (TM), (SELLING BONDS AGAIN), (TLT), (TBT) SPDR S&P 500 (SPY) iShares Russell 2000 (IWM) CurrencyShares
Last week, I begged you, pleaded with you, and even pounded the table to get you to increase your shorts in the Japanese yen (FXY), (YCS), and longs in the Japanese stock market (DXJ). I was certain that Japan?s beleaguered currency was about to break out of its tedious six month trading range and plumb
You all know well my antipathy to the bond market, which I believe hit a 60-year peak on August 18, 2012 at 10:32 AM EST. I managed to catch the exact top of the one-month post taper bond market rally, and sent the Trade Alerts to sell bonds showering upon you. I quickly closed all
The Trade Alert service of the Mad Hedge Fund Trader has posted yet another new all time high in performance, taking in 51.13%. The November month to date record is now an enviable 6.67%. The three-year return is an eye popping 106.18%, compared to a far more modest increase for the Dow Average during the
Global Market Comments November 15, 2013 Fiat Lux Featured Trade: (WATCHING THE CASH ROLL IN), (SPY), (IWM), (FXE), (XLI), (C), (FXA), (AAPL), (HOPPING ON THE AUSSIE), (FXA), (EWA), (FCX), (LUNCH WITH ROBERT REICH) SPDR S&P 500 (SPY) iShares Russell 2000 (IWM) CurrencyShares Euro Trust (FXE) Industrial Select Sector SPDR (XLI) Citigroup, Inc. (C) CurrencyShares Australian
Today, many followers of the Mad Hedge Fund Trader?s Trade Alert service have up to eight November option spreads expiring at their maximum potential profit. My strategy of taking advantage of the short November expiration calendar and betting that the markets stay in narrow ranges turned out to be wildly successful. At this stage I
We have a fantastic double bottom developing here on the charts for the Australian dollar (FXA). I think that RISK ON will be the order of the day for the next six months, and the currency of the Land Down Under should prosper mightily. This is a play on the modest recovery of the Chinese
Global Market Comments November 14, 2013 Fiat Lux Featured Trade: (LOADING UP ON THE FINANCIALS), (C), (BAC), (JPM), (MS), (XLF) (THE BULL MARKET IN AMERICAN COLLEGE DEGREES) Citigroup, Inc. (C) Bank of America Corporation (BAC) JPMorgan Chase & Co. (JPM) Morgan Stanley (MS) Financial Select Sector SPDR (XLF)
After ignoring the financial sector for most of the year, I am more than happy to jump into it here. The sector has been a serious laggard for the past three months, trailing the front-runners I picked in technology, industrials, health care, and consumer cyclicals. After chasing these favorites, traders are now looking for new
Global Market Comments November 13, 2013 Fiat Lux Featured Trade: (DOUBLING UP ON MY YEN SHORTS), (FXY), (YCS), (DXJ), (UUP), (SAN FRANCISCO?S SUFFERING RENTERS TAKE ANOTHER HIT), (WHERE THE ECONOMIST ?BIG MAC? INDEX FINDS CURRENCY VALUE), (MCD), (FXE), (YCS), (FXF), (CYB) (TESTIMONIAL) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) WisdomTree Japan Hedged Equity
My bet that the Japanese yen (FXY) would weaken against the dollar has paid off handsomely. I am now so confident that we are finally breaking out of a six month trading range to the downside that I am more than happy to double my short position in the yen. I am therefore taking on
Global Market Comments November 12, 2013 Fiat Lux Featured Trade: (YOU JUST CAN?T KEEP AMERICA DOWN), (TLT), (SPY), (GLD), (A SPECIAL NOTE ON NOVEMBER EXERCISED OPTIONS) iShares 20+ Year Treasury Bond ETF (TLT) SPDR S&P 500 (SPY) SPDR Gold Shares (GLD)
You just can?t keep America down. That is the overwhelming message from Friday?s blockbuster October nonfarm payroll showing that 204,000 jobs were added, double the industry forecasts. The headline unemployment rate ratcheted back up from 7.2% to 7.3%, the first gain in many months. August and September were revised up by an eye popping 60,000
There are only 4 days left until the equity option expiration on November 15. My short dated November expiration play turned out to be wildly successful, with all nine of these trades quickly turning profitable. Including the six positions we now have on board, the last 14 consecutive Trade Alerts have been profitable, raising the