Expiration of the Interactive Brokers (IBKR) December 2023 $80-$85 at-the-money vertical Bull Call debit spread LEAPS at $5.00 Closing Trade 12-15-2023 expiration date: December 15, 2023 Number of Contracts = 1 contract Just a reminder that for those who weren’t looking, our position in the Interactive Brokers (IBKR) LEAPS expired at its maximum potential profit
Global Market Comments February 1, 2024 Fiat Lux Featured Trade: (THE 16th YEAR ANNIVERSARY OF THE MAD HEDGE FUND TRADER)
The Diary of a Mad Hedge Fund Trader is now celebrating its 16th year of publication. Last year, I religiously pumped out 3,000 words a day, writing or editing 24 newsletters a week of original, independent-minded, hard-hitting, and often wickedly funny research. I spent my life as a war correspondent, Marine Corps combat pilot, Wall
Global Market Comments January 31, 2024 Fiat Lux Featured Trade: (TEN REASONS WHY STOCKS CAN’T SELL OFF BIG TIME), (SPY)
While driving back from Lake Tahoe last weekend, I received a call from a dear friend who was in a very foul mood. Following the advice of another newsletter that I won’t mention, he bailed out of all his stocks after the November 8 election. After all, wasn’t the Dow Average headed straight to 3,000?
Global Market Comments January 30, 2024 Fiat Lux Featured Trade: (THE HARD TRUTH BEHIND BUYING IN NOVEMBER), (NOTICE TO MILITARY SUBSCRIBERS)
Long-time Mad Hedge followers who watched the market take off like a rocket on October 26 weren’t surprised. That’s because I am a big fan of buying straw hats in the dead of winter and umbrellas in the sizzling heat of the summer. I even load up on Christmas ornaments every January when they go
Global Market Comments January 29, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or TOO MUCH OF A GOOD THING?) (SPY), (TLT), ($VIX), (MSFT), (META), (GOOGL), (AMZN), (NVDA), (V), (PANW), (CCJ)
There can be too much of a good thing. Inflation is dramatically falling, with Core PCE down to an amazing 2.6% YOY rate in December. At the same time, GDP growth came in at an incredible 3.3% in Q4 and 2.5% for all of 2023. The long-term average is 3.0%. It’s about as close to
“If politicians delivered everything they promised, there would be absolutely no reason to go to Heaven,” said American humorist Will Rodgers.
Global Market Comments January 26, 2024 Fiat Lux Featured Trade: (JANUARY 24 BIWEEKLY STRATEGY WEBINAR Q&A) (TLT), (IWM), (SPY), (ALK), (FXI), (UAL), (BA), (NVDA), (UUP), (UNG), (MSFT), (GOOGL), (AMZN), (NVDA), (META), (CCI)
Below please find subscribers’ Q&A for the January 24 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Silicon Valley, CA. Q: Will you stop out of (TLT) if it breaches the $93 level? A: Yes, and I'm actually hoping it will do that because that sets up some really great two-year LEAPS for the
Global Market Comments January 25, 2024 Fiat Lux SPECIAL EARLY RETIREMENT ISSUE Featured Trade: (HOW TO JOIN THE EARLY RETIREMENT STAMPEDE)
Global Market Comments January 24, 2024 Fiat Lux Featured Trade: (A BUY WRITE PRIMER) (NVDA)
Global Market Comments January 23, 2024 Fiat Lux Featured Trade: LEAPS Trade Alert - (TLT) – BUY
BUY the United States Treasury Bond Fund (TLT) January 17, 2025 $95-98 at-the-money vertical Bull Call spread LEAPS at $1.25 or best Opening Trade 1-23-2024 expiration date: January 17, 2025 Number of Contracts = 1 contract An $8 selloff in the (TLT) is the best entry point we are going to get for this LEAPS.
Global Market Comments January 22, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or LEARNING FROM YOUR LOSERS)
I don’t lose money in the market very often, but when I do, I really hate it. I also take each attack of red ink as a learning opportunity. Do this for 55 years and you get pretty good at it. So what did I learn from my ill-timed double short in the S&P 500
Global Market Comments January 19, 2024 Fiat Lux Featured Trade: (TESTIMONIAL), (A CHEAPER WAY TO DO DAVOS)
Dear John, Remember me from the QE2? You don’t miss much, but I’m forwarding this AI story, in case you find it interesting. You are the best financial advisor I have ever found. I know you’ve been a big believer in NVIDIA (NVDA) for years. When I read this, I really understand that (NVDA) is