Global Market Comments October 9, 2013 Fiat Lux Featured Trade: (CUTTING BACK MY RISK), (SPY), (FXY), (YCS), (DXJ), (AAPL), (NFLX), (HLF), (VIX), (WHAT?S GOING ON WITH THE VOLATILITY INDEX?), (VIX), (VXX) SPDR S&P 500 (SPY) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) WisdomTree Japan Hedged Equity (DXJ) Apple Inc. (AAPL) Netflix, Inc. (NFLX)
By now, you have figured out that I executed a major ?derisking? of my model trading portfolio today, cutting my exposure by two thirds. Most of these positions only had a few basis points in maximum profit left, so bailing here was a no brainer, a case of ?Basic Risk Control 101.? Better to laugh
After crawling off the mat at the 12% level, and rising all the way back up to 21%, traders are wondering if the Volatility Index (VIX) is finally coming back to life. Or is this just another dead cat bounce? It wasn?t supposed to work that way. Falling markets should send investors scrambling to buy
Global Market Comments October 8, 2013 Fiat Lux Featured Trade: (THE NEW WAR ON HEDGE FUND MANAGERS), (TEA WITH SECRETARY OF STATE GEORGE SHULTZ)
Yang Yanming was slowly led from his cell by two burly uniformed guards in Beijing?s central prison to a waiting van in the courtyard, his hands cuffed behind him and his head bowed. Once in the vehicle, he was strapped to a gurney, hooked up to an IV, and given a highly concentrated injection of
Global Market Comments October 7, 2013 Fiat Lux Featured Trade: (NOVEMBER 1 SAN FRANCISCO STRATEGY LUNCHEON), (SAY GOODBYE TO THE WASHINGTON DISCOUNT), (XLY), (UCC), (XLI), (UXI), (XLK), (ROM), (XLV), (RXL), (THIS IS NOT YOUR FATHER?S NUCLEAR POWER PLANT) Consumer Discret Select Sector SPDR (XLY) ProShares Ultra Consumer Services (UCC) Industrial Select Sector SPDR (XLI) ProShares
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, November 1, 2013. 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,
If it hasn?t happened by today, then it is no more than a week away. The deep discount suffered by American stocks is about to go away. Thanks to the manufactured uncertainty emanating from the nation?s capital created by the government shutdown, stocks have been selling at a 10% or more discount to where they
On my recent trip to Oregon I met with venture capital investors in NuScale Power, which is trailblazing, the brave new world of ?new? nuclear. Their technology has been pioneered by Dr. Jose Reyes, dean of the School of Engineering at Oregon State University in Corvallis. This is definitely not your father?s nuclear power plant.
Global Market Comments October 4, 2013 Fiat Lux Featured Trade: (OCTOBER 9 GLOBAL STRATEGY WEBINAR), (AN EVENING WITH THE CHINESE INTELLIGENCE SERVICE), (FXI), (CYB), (BIDU), (CHL), (BYDDF), (CHA) iShares China Large-Cap (FXI) WisdomTree Chinese Yuan (CYB) Baidu, Inc. (BIDU) China Mobile Limited (CHL) BYD Company Ltd. (BYDDF) China Telecom Corp. Ltd. (CHA)
Global Market Comments October 3, 2013 Fiat Lux Featured Trade: (JOIN THE INVEST LIKE A MONSTER SAN FRANCISCO TRADING CONFERENCE), (THE MAD DAY TRADER?S Q4 TARGETS), (SPY), (QQQ), (TLT), (USO), (UNG), (GLD), (FXY), (FXE), (AN AFTERNOON WITH DR. PAUL EHRLICH), (POT), (MOS), (AGU), (CORN), (WEAT), (SOYB) SPDR S&P 500 (SPY) PowerShares QQQ (QQQ) iShares Barclays
I am pleased to announce that I will be participating in the Invest like a Monster Trading Conference in San Francisco during October 25-26. The two-day event brings together experts from across the financial landscape that will improve your understanding of markets by a quantum leap and measurably boost your own personal trading performance. Tickets
Jim Parker, The Mad Day Trader, has published his targets for a broad range of asset classes for the fourth quarter of 2013. The numbers are the product of his proprietary model, which he has developed over the past 40 years, and generated one of the most outstanding track records in the business. Ignore Jim?s
Pack your portfolios with agricultural plays like Potash (POT), Mosaic (MOS), and Agrium (AGU) if Dr. Paul Ehrlich is just partially right about the impending collapse in the world?s food supply. You might even throw in long positions in wheat, corn, soybeans, and rice. The never dull and often controversial Stanford biology professor told me
Global Market Comments October 2, 2013 Fiat Lux Featured Trade: (TEXAS TEA TAKES A DIVE), (USO), (UNG), (SCO), (DTO), (A SPECIAL NOTE ON EXERCISED OPTIONS) United States Oil (USO) United States Natural Gas (UNG) ProShares UltraShort DJ-UBS Crude Oil (SCO) PowerShares DB Crude Oil Dble Short ETN (DTO)
Take a Look at the chart below and you will see that the price of oil is breaking key support. Texas tea has now backed off $13 since the end of August, and lower prices beckon. It turned out that oil made an initial peak with the Egyptian Army?s ferocious and bloody attack on the
There are only 13 days left to the options expiration on October 18. The Mad Hedge Fund Trader?s model trade portfolio has six positions that are deep in-the-money that expire that day. So, it is important that we tread carefully to get the bull benefit. I received a few emails from readers whose option holdings
Global Market Comments October 1, 2013 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 Trust (FXY) ProShares UltraShort Yen (YCS)
The Japanese government is about to introduce Individual Retirement Account for individual investors for the first time. The move is part of prime minister Shinzo Abe?s multifaceted efforts to revive Japan?s economy, and could unleash as much as $690 billion in net buying into Japanese equities by 2018. The move was inspired American IRA?s, which
Those of you counting on getting your old union assembly line job back in Detroit can forget it. The eight year forecast published by the Bureau of Labor Statistics shows that 4.19 million jobs will be gained in the US in professional and business services, followed by 4 million health care and social assistance jobs,