I recently found the chart below showing world tax rates as a percentage of GDP for the past 40 years. Sweden suffers the world's heaviest tax burden at 51%, compared to only 27% in the US. The US has among the world's lowest tax burdens in terms of actual taxes paid, which has been falling
Global Market Comments February 14, 2024 Fiat Lux Featured Trade: (HOW TO HANDLE THE FRIDAY, FEBRUARY 16 OPTIONS EXPIRATION), (MSFT), (AMZN), (V), (PANW), (CCJ)
Followers of the Mad Hedge Fund Trader alert service have the good fortune to own five deep-in-the-money options positions that expire on Friday, February 16 and I just want to explain to the newbies how to best maximize their profits. This involves the: Current Capital at Risk Risk On (MSFT) 2/$330-$340 call spread
“Of course, you never go broke taking a profit, but you never get rich either, because a good portion of what you make goes to taxes,” said legendary value investor Ron Baron.
Global Market Comments February 13, 2024 Fiat Lux Featured Trade: (WHAT THE ECONOMIST BIG MAC INDEX IS TELLING US NOW), (FXF), (FXE), (FXA), (CYB)
The Swiss franc is wildly overvalued, as are the Norwegian kroner and the Uruguayan peso. On the other hand, the Venezuelan bolivar, UAE dirham, and the Brazilian real off real value. Who has the cheapest currency in the world? The Ukrainian hryvnia, which at 25 cents to the US dollar offers the cheapest Big Mac
Global Market Comments February 12, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or RAISING MY YEAREND TARGET TO (SPX) $6,000) (AAPL), (GOOGL), (META) (MSFT), (AMZN), (V), (PANW), (CCJ), (ARM), (USO), (XOM), (OXY), (INDA), (INDY), (FXI), (BABA), (NVDA), (TSA), (RCL)
When I announced my year-end target for the S&P 500 on the first of January, I knew it was cautious. That provided for only a 15% gain for 2024. Yet here we are a mere six weeks into the New Year, and we only have 10.4% to go. That is with the six lead stocks,
Global Market Comments February 9, 2024 Fiat Lux Featured Trade: (FEBRUARY 7 BIWEEKLY STRATEGY WEBINAR Q&A), (LLY), (FXI), (TSM), (BABA), (PLTR), (MSBHF), (SMCI), (JPM), (INDY), (INDA), (TSLA), (BYDDF), (NFLX), (META), (UNG)
Below please find subscribers’ Q&A for the February 7 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Silicon Valley, CA. Q: Have you ever flown an ME-262? A: There's only nine of the original German jet fighters left from WWII in museums. One hangs from the ceiling in the Deutsches Museum in Munich (click
The earth has been playing in heavy traffic for 4 billion years now, said Jeffrey Klugger, science editor of Time Magazine
Global Market Comments February 8, 2024 Fiat Lux Featured Trade: (A NOTE ON OPTIONS CALLED AWAY), (MSFT), (PANW), (V), (GOOGL), (CCJ)
I was awoken this morning by calls from Concierge members asking what to do when their Visa (V) options were assigned or called away. The answer was very simple: fall down on your knees and thank your lucky stars. You have just made the maximum possible profit for your position instantly. We have the good
Global Market Comments February 7, 2024 Fiat Lux Featured Trade: (DUMPING THE OLD ASSET ALLOCATION RULES), (WHY WATER WILL SOON BE WORTH MORE THAN OIL)
What to do about asset allocation is the one question that I get every day which I absolutely cannot answer. The reason is simple: no two investors are alike. The answer varies whether you are young or old, have $1,000 in the bank or $1 billion, are a sophisticated investor or an average Joe, in
Global Market Comments February 6, 2024 Fiat Lux Featured Trade: (Trade Alert - (JPM) – LEAPS EXPIRATION)
EXPIRATION of the JP Morgan (JPM) January 2024 $130-$135 at-the-money vertical Bull Call spread LEAPS at $5.00 or max profit Closing Trade 1-19-2024 expiration date: January 19, 2024 Number of Contracts = 1 contract I am running through the expiration math on this LEAPS trade for you because we are going to do many more
Global Market Comments February 5, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or WELCOME TO THE DOTCOM BUBBLE PART II), (NVDA), (MSFT), (AMZN), (META), (GOOGLE), (FDX)
I remember back in 1990 when I was first starting my hedge fund in London England, one of the very first. I hired two Ph.D.’s in Mathematics from Cambridge University, and we started inventing one the first purely quantitative approaches to the stock market. We were playing around with statistical probability arbitrage and Monte Carlo
Global Market Comments February 2, 2024 Fiat Lux Featured Trade: (Trade Alert - (IBKR) – EXPIRATION)