Newsletters

Global Market Comments April 16, 2025 Fiat Lux   Featured Trade: (THE IRS LETTER YOU SHOULD DREAD), (TESTIMONIAL)

With wait times for the IRS customer support line recently having extended from one hour to five hours, I thought conditions couldn’t get any worse. I was wrong. I knew the letter from the IRS sitting in my mailbox was bad news just from the color of the paper. It was not light green, the

Just a quick note of appreciation for your helping me decide to get my clients into (GLD) with a 15% allocation early this year. It sure has helped me to be more of a hero to my clients this year than a goat... Best wishes to you and yours! Keep 'em coming. Brad Bakersfield, CA.

Global Market Comments April 15, 2025 Fiat Lux   Featured Trade: (HOW TO HANDLE THE THURSDAY, APRIL 17 OPTIONS EXPIRATION)

Followers of the Mad Hedge Fund Trader alert service have the good fortune to own FIVE in-the-money options positions that expire on Thursday, April 17, and I just want to explain to the newbies how to best maximize their profits. These involve the:   Risk On (COST) 4/$840-$850 call spread         10.00% (TSLA)

“In the next recession, the US will be the worst-performing stock market in the world. We won’t see new highs again in my lifetime,” said Doubleline Capital’s Jeffrey Gundlach.  

Global Market Comments April 14, 2025 Fiat Lux   Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or REARRANGING THE DECKCHAIRS ON THE TITANIC), (SPY), (GLD), (NFLX), (NVDA), (TLT), (MSTR), (SVXY), ($VIX) (AMZN), (AAPL), (GOOGL), (PANW), (NFLX), (CORN), (WEAT), (SOYB)

Back in 1987, I flew my Cessna 340 twin from London to Rome to visit Morgan Stanley’s high-end Italian clients. Held over by meetings, I got a late start, and I didn’t get as far as the French Champagne country until midnight. Right then, at 20,000 feet, the gyroscope suddenly blew up with a great

“A government big enough to give you everything you want is strong enough to take everything you have,” said Thomas Jefferson, the second US president and the man on the $2 and $10 bill.  

Global Market Comments April 11, 2025 Fiat Lux   SPECIAL VOLATILITY ISSUE Featured Trade: (TESTIMONIAL) (MAKING VOLATILITY YOUR FRIEND), (VIX), (VXX), (XIV), (THE ABC’s OF THE VIX), (VIX), (VXX), (SVXY)

Ingenious writing John in your Monday morning strategy letter.  I forwarded it to all my family and kids, and made my 16-year old read it out loud to my wife. I made sure he understood what he was reading. I got choked up by the whole article.  Go Ukraine! Best regards, Greg Las Vegas, NV

With the Volatility Index back down to a bargain of $16, I am getting deluged with emails from readers asking if it is time to start hedging portfolios one more time and buying the iPath S&P 500 VIX Short Term Futures ETN (VXX). The answer is not yet, but soon, possibly very soon. And here

I am one of those cheapskates who buy Christmas ornaments by the bucket load from Costco in January for ten cents on the dollar because my 11-month theoretical return on capital comes close to 1,000%.  I also like buying flood insurance in the middle of the summer drought, when the forecast in California is for

“You always sound smarter when you’re a bear than when you’re a bull,” said Adam Parker formerly of Morgan Stanley.  

Global Market Comments April 9, 2025 Fiat Lux   Featured Trade: (TECH SHARES RECOVER ON MACRO NEWS) (FXI), ($COMPQ)

Global Market Comments April 8, 2025 Fiat Lux   Featured Trade: (A REFRESHER COURSE AT SHORT SELLING SCHOOL), (SH), (SDS), (PSQ), (DOG), (RWM), (SPXU), (AAPL), (TSLA), (VIX), (VXX), (IPO), (MTUM), (SPHB), (HDGE)

I’m not necessarily advocating a short sale here after markets have lost a staggering $10 trillion in market cap, from $50 trillion down to $40 trillion. But a single tweet could trigger a 5% rip-your-face-off rally at any time and only then can you have another shot at betting the market will continue its downtrend.

“If you die a rich person, you’ve failed,” said steel pioneer Andrew Carnegie, who gave away $11 billion during his lifetime, including building a library in every town in the United States.    

Global Market Comments April 7, 2025 Fiat Lux   Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or TRUMP DECLARES WAR ON THE WORLD), (SPY), (TLT), (META), (GOOGL), (MSFT), (CRM), (COST), (NVDA), (NFLX), (NVDA), (TSLA), (GLD)