Old Benjamin Franklin, one of the fathers of our country, was a pretty smart guy. Not only was he a publisher, scientist, postmaster general, ambassador to the court of Louis the XVI, and delegate to the constitutional convention. He also understood the basic mathematics that underlay modern investment theories centuries ahead of time. When the
“Investors who go into trading crypto currencies hear someone is trading turds and decide they can’t be left out,” said Warren Buffet’s partner, Charlie Munger.
Global Market Comments November 28, 2023 Fiat Lux Featured Trade: (THE MAD HEDGE DECEMBER TRADERS & INVESTORS SUMMIT IS ON!) (WHAT’S NEXT?)
A Dow Average up 11 days in a row? Yikes! The last time I saw this, in 1987, Armageddon ensued. It hailed fire and brimstone, and dogs and cats lay together. Excuse me for being nervous, but I am still hanging on to my 100% invested position. And you know what is even scarier? Almost
Global Market Comments November 27, 2023 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or MELT UP), (MSFT), (NLY), (BRK/B), (CCJ), (CRM), (GOOGL), (SNOW), (CAT), (XOM), (TLT)
If you think the market performance for the past month has been spectacular, you have seen nothing yet. We have two major positive catalysts that are about to hit stock prices. On December 10, we will see a lower-than-expected Consumer Price Index, driving yet another stake through the heart of inflation. On December 13, we
“If we’re able to produce a general purpose robot that could observe you and learn how to do a task, that would supercharge the economy to a degree that would be insane….Working could become a choice,” said Elon Musk, founder of PayPal, Space X, Tesla, Solar City, The Boring Company, Neuralink, and owner of “X”,
Global Market Comments November 24, 2023 Fiat Lux Featured Trade: (MY UPDATED PERSONAL ECONOMIC INDICATOR), (HMC), (NSANY), (GM), (F), (TSLA) (HERE IS YOUR TOP PERFORMING INVESTMENT FOR THE NEXT FIVE YEARS), (ITB), (PHM), (KBH), (DHI) (TESTIMONIAL)
There is no limit to my desire to get an early and accurate read on the US economy, which at the end of the day is what dictates the future of all of our trades and investments. I flew over one of my favorite leading economic indicators only last weekend at the controls of a
Will gold be your best-performing asset for the next five years? Is it high-growth technology stocks? Energy stocks? Or maybe biotech shares? How about French collectible postage stamps or vintage racing cars? Nope, you’re not even close. I’ll give you a hint: you’re probably sitting in it. Yes, the best-performing investment you will own for
Dear John, I want to thank you for the outstanding conference in Miami. The hotel and food were first class along with the very informative presentations. I felt that the information I learned will more than pay for the trip. Hope to see you in Incline Village. Thanks Rich Detroit, Michigan
“Instead of buying low and selling high, you’re buying high and crossing your fingers,” said Bill Gross, former head of the bond giant PIMCO.
Global Market Comments November 22, 2023 Fiat Lux Featured Trade: (TRADING THE KENNEDY ASSASSINATION)
Global Market Comments November 21, 2023 Fiat Lux Featured Trade: (THE NEW OFFSHORE CENTER: AMERICA), (SPY), (THE CHINA VIEW FROM 30,000 FEET) (DBC), (DYY), (DBA), (PHO), (FCX)
I have long sat beside the table of McKinsey & Co., the best management consulting company in Asia, hoping to catch some crumbs of wisdom (click here for their home page). So, I jumped at the chance to have breakfast with Shanghai-based Worldwide Managing Director Dominic Barton when he passed through San Francisco visiting clients.
Global Market Comments November 20, 2023 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE WEEK THAT WAS) (SPY), (TLT), (JNK), (NLY) (BA), (UUP), (TLT), (FCX), (GLD), (GDX), (GOLD)
In the long history of stock markets, last week will be viewed as one of the pivotal ones of the 21st century. That was when investors flipped from anticipating the end of interest rate rises to the beginning of interest rate cuts. That is a big deal. I have been anticipating this for months, putting
Global Market Comments November 17, 2023 Fiat Lux Featured Trade: (NOVEMBER 15 BIWEEKLY STRATEGY WEBINAR Q&A), (TLT), (AMD), (SPY), (FXA), (WYNN), (MGM), (RCL), (CCL), (TSLA), (SCHW), (BLK), (JPM), (XHB), (TSLA), (FXI), (FCX)
Below please find subscribers’ Q&A for the November 15 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Incline Village, NV. Q: I was a little surprised that you closed the (TLT) $79-$82 vertical bull call spread so early. Why not wait longer? A: I took an 84% profit in only four trading days and
"The factory of the future will have only two employees: a man and a dog. The man will be there to feed the dog. The dog will be there to keep the many from touching the equipment," said organizational consultant, Warren Bennis.