It’s that time of year again, when finance ministers, central bank governors, hedge fund managers, and assorted rock stars hold their annual confab high in the Alps at Davos, Switzerland. When I was a director of one of the largest banks in Switzerland, I found myself a frequent visitor to Davos. The conference is one
“If you have the word “broker” in your job title the Internet is going to disintermediate you,” said Scott McNealy, founder of Sun Microsystems.
Global Market Comments January 18, 2024 Fiat Lux Featured Trade: (MY 20 RULES FOR TRADING IN 2024)
Nothing like starting the new year by going back to basics and reviewing the rules that worked so well for us in 2023. Call this the refresher course for Trading 101. I usually try to catch three or four trend changes a year, which might generate 100-200 trades and often come in frenzied bursts. In
Global Market Comments January 17, 2024 Fiat Lux Featured Trade: (WHY YOUR OTHER INVESTMENT NEWSLETTER IS SO DANGEROUS)
Not a day goes by without me hearing from a reader about the competition. They previously subscribed to a newsletter that promised a top-drawer education, insider’s insights, and spectacular returns, sometimes 100% or more a month. “Doubled in a day” is a frequently heard term. The entry-level costs are only a few bucks, but they
Global Market Comments January 16, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or WHAT WILL KILL THIS MARKET) (MSFT), (BA), (AMZN), (DAL), (V), (PANW), (CCJ), (TLT), (NVDA), (META), (TSLA), (GOOGL)
What if Goldilocks decided to hang around for a while? I’ve always been in favor of a long-term relationship. It could be weeks. It could be months. Certainly, the widely predicted New Year selloff has failed to materialize. Failure to fall after the first week of 2024 has delivered a rally almost as ferocious as
“At last the lake burst upon us—a noble sheet of blue water walled in by a rim of snow clad mountain peaks….as it lay there with the shadows of the mountains brilliantly photographed on its surface I thought it surely be the fairest picture the whole earth affords,” said the American writer, Mark Twain, on
Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Luncheon, which I will be conducting in St. Augustine, Florida on Wednesday, January 22, 2025. The cost of the luncheon will be $257. An excellent meal will be followed by a wide-ranging discussion and an extended question and answer period. I’ll
Amazon has published a Kindle eBook of the autobiography A Life Well Lived - Part I: 60 Years of Memories of the Mad Hedge Fund Trader. The book is offered for sale at a bargain $9.99 and I am told it was a best seller on the recent Alaska cruise of Cunard’s Queen Elizabeth. To
Global Market Comments January 12, 2024 Fiat Lux Featured Trade: (JANUARY 10 BIWEEKLY STRATEGY WEBINAR Q&A) (SPY), (UNG), (NVDA), (UUP), (FXA), (GOOG), (GOOGL), (GLD), (GOLD), (WPM), (BYDDY), (F), (GM), (TSLA)
Below please find subscribers’ Q&A for the January 10 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Silicon Valley, CA. Q: Would you sell Nvidia (NVDA) covered calls? A: No, I would not. Nvidia could double at any time, or at least go up 50%. That is not a covered call writing situation, that
“You make the most money when things go from terrible to only bad,” said Tim Seymour of emerging market hedge fund, Triogem Asset Management.
Global Market Comments January 11, 2024 Fiat Lux Featured Trade: (I HAVE A NEW OPENING FOR THE MAD HEDGE FUND TRADER CONCIERGE SERVICE), (TESTIMONIAL)
There are only two ways that subscribers give up the Mad Hedge Concierge Service. They either retire, or they die. I am sorry to report that that former has taken place. Lifetime concierge member Ira Alcheck long envied me for my adventures. After making a fortune from my trade alerts during the regional banking crisis
Global Market Comments January 10, 2024 Fiat Lux Featured Trade: (THE TWO CENTURY DOLLAR SHORT), (UUP)
Any trader will tell you the trend is your friend, and the overwhelming direction for the US dollar (UUP) for the last 242 years has been down. Our first Treasury Secretary, Alexander Hamilton, found himself constantly embroiled in sex scandals. Take a ten-dollar bill out of your wallet and you’re looking at a world-class horn
Global Market Comments January 9, 2024 Fiat Lux Featured Trade: (JOIN ME ON CUNARDS QUEEN ELIZABETH FOR MY SATURDAY, JUNE 29 ALASKA SEMINAR AT SEA), (TESTIMONIAL)
Global Market Comments January 8, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or HERE IS THE TRADE OF THE YEAR), (TLT), (TSLA), (BYDDY), (FCX), (TLT) (F), (GLD), (X)