Global Market Comments February 27, 2024 Fiat Lux Featured Trade: (Trade Alert - (PANW) – BUY)
BUY the Palo Alto Networks (PANW) January 17, 2025 $290-$300 out-of-the-money vertical Bull Call spread LEAPS at $4.00 or best Opening Trade 2-27-2024 expiration date: January 17, 2025 Number of Contracts = 1 contract A 32% selloff in the (PANW) on disappointing guidance is the best entry point we are going to get for this
“Those who expect double digit returns going forwards are going to be severely disappointed,” said Bill Gross, CEO of bond giant, PIMCO.
Global Market Comments February 26, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or WHO NEEDS RATE CUTS? (NVDA), (TSLA), (BRK/B), (SPY), (AMZN), (UNG)
People will be sitting around campfires trading stories about last week’s NVIDIA move for decades. Analysts have been struggling to outdo each other in describing their earnings report that came out on Thursday. Here’s my favorite: The gain in the company’s market capitalization on that day, at $278 billion the largest in history, exceeded its
“In the last 40 years, our record at predicting where we would use military force next is perfect. We’ve never once gotten it right,” said former Secretary of Defense Robert Gates.
Global Market Comments February 23, 2024 Fiat Lux Featured Trade: (FEBRUARY 21 BIWEEKLY STRATEGY WEBINAR Q&A), (FXI), (SMCI), (PANW), (TSLA), (NVDA), (XLF), (CCI), (XOM), (FANG), (AMD), (HD), (LOW)
Below please find subscribers’ Q&A for the February 21 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Silicon Valley, CA. Q: What do you think of the comments of Ray Dalio and Jamie Dimon of an imminent war with Russia and China? A: I think the chances of that are almost zero. You’re talking
“If the yen goes to ¥150, what does Toyota do to Ford,” said Barry Sternlicht, CEO of the private equity firm, Starwood Capital.
Global Market Comments February 22, 2024 Fiat Lux Featured Trade: (HOW TO GAIN AN ADVANTAGE WITH PARALLEL TRADING), (GM), (F), (TM), (NSANY), (DDAIF), BMW (BMWYY), (VWAPY), (PALL), (GS), (EZA), (CAT), (CMI), (KMTUY), (KODK), (SLV), (AAPL)
Global Market Comments February 21, 2024 Fiat Lux Featured Trade: (HOW FREE ENERGY WILL POWER THE COMING ROARING TWENTIES), (SPWR), (TSLA)
With the price of Texas tea barely scratching $78 a barrel today it is time to revisit the doomed future of this ancient energy source. With energy stocks now trading like they’re having a going out of business sale, you have to wonder if the sector will ever come back. The short answer is short-term
When asked about the urban legend that the vaults at Fort Knox are empty and that the Fed has no gold, former Federal Reserve Chairman Ben Bernanke responded, "I've been to the basement of the New York Fed. The gold is there. I've seen it."
Global Market Comments February 20, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or HOW THE CPI LIED), (NVDA), (MSFT), (AMZN), (V), (PANW), (CCJ) (AAPL), (TSLA), (GOOGL), (MSFT), (AMZN), (META), (UBER), (UUP)
It’s pretty obvious that when the Consumer Price Index was released last Tuesday, the data point was lying through its teeth. The 0.4% increase in the Core CPI brought the YOY gain to a heart-palpitating 3.9%, much higher than expected. The stock market thought it was telling God’s home truth by plunging 740 points at
Global Market Comments February 16, 2024 Fiat Lux Featured Trade: (JOIN ME ON CUNARDS QUEEN ELIZABETH FOR MY SATURDAY JUNE 29 ALASKA SEMINAR AT SEA), (TESTIMONIAL)
Merry Christmas & Happy New Year to you and your family! You are my hero, and who I aspire to be. Be well and see you in 2024! Sincerely, Wilson Mill Valley, CA
“Large round numbers in the market act as rusty doors and sometimes need several swings before you can get through,” said Sam Stovall of CFRA Research.
Global Market Comments February 15, 2024 Fiat Lux Featured Trade: (SPECIAL INCOME TAX ISSUE) (THE TAX RATE FALLACY) (THANK GOODNESS I DON’T LIVE IN SWEDEN) (EWD)
While you are all diligently beavering away from getting your 2023 tax returns done in time for the April 15 deadline, I thought I’d correct some fundamental misperceptions about our nation’s tax system. When anyone starts lecturing you that the US has the highest tax rate in the industrialized world, just turn around, walk away,