Global Market Comments August 30, 2023 Fiat Lux Featured Trades: (GOOGLE’S MAJOR BREAKTHROUGH IN QUANTUM COMPUTING), (GOOGL), (IBM) CLICK HERE to download today's position sheet.
I have been following quantum computing since they moved from the theoretical to the practical about five years ago. The reason is very simple. They promise to bring a 1 trillion-fold increase in computing power at zero cost, promising to solve in seconds some of the world’s most vexing problems. They also have the potential
“The stock market is very much a mood ring,” said Josh Brown, of Ritholtz Wealth Management.
Global Market Comments August 29, 2023 Fiat Lux Featured Trades: (LAST CHANCE TO ATTEND THE WEDNESDAY, SEPTEMBER 6, 2023 SAN DIEGO, CALIFORNIA STRATEGY LUNCHEON) (A NEW THEORY OF EQUITIES) CLICK HERE to download today's position sheet.
Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in San Diego California at 12:00 noon on Wednesday, September 6, 2023. The event will be held at a famous downtown San Diego restaurant with a spectacular harbor view. An excellent meal will be followed
So far, 2023 is playing out just as I expected. A fantastic first half is being followed by a flat second half. Since the October 15 bottom, the Dow Average has risen by an eye-popping 3,000 points. Followers of the Mad Hedge Fund Trader are already up by 60% so far in 2023. However, I
“Never sell short anything just because it is expensive,” said the late Ace Greenberg, CEO of the late Bears Stearns
Global Market Comments August 28, 2023 Fiat Lux Featured Trades: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE FAILED RALLY) (SPY), (TLT), (FCX), (TSLA), (AAPL), (UPS) CLICK HERE to download today's position sheet.
Market’s tried to rally last week….and failed. The reason, of course, is Fed governor Jay Powell’s comments that interest rates may have to stay higher for longer. He seems hell-bent on reaching his 2.0% inflation target, down from the current 3.2% and well off the 9.0% high. That puts off any rally in the interest
“The most dangerous word in the English language is “cheap”” said a hedge fund manager friend of mine.
Global Market Comments August 25, 2023 Fiat Lux Featured Trades: (THE NEXT COMMODITY SUPERCYCLE HAS ALREADY STARTED), (COPX), (GLD), (FCX), (BHP), (RIO), (SIL), (PPLT), (PALL), (GOLD), (ECH), (EWZ), (IDX) CLICK HERE to download today's position sheet.
When I closed out my position in Freeport McMoRan (FCX) near its max profit earlier this year, I received a hurried email from a reader if he should still keep the stock. I replied very quickly: “Hell, yes!” When I toured Australia a couple of years ago, I couldn’t help but notice a surprising number
Global Market Comments August 24, 2023 Fiat Lux Featured Trades: (AN INSIDER’S GUIDE TO THE NEXT DECADE OF TECH INVESTMENT), (AMZN), (AAPL), (NFLX), (AMD), (INTC), (TSLA), (GOOG), (META) CLICK HERE to download today's position sheet.
Global Market Comments August 23, 2023 Fiat Lux Featured Trades: (COFFEE WITH RAY KURZWEIL), (GOOG) CLICK HERE to download today's position sheet.
Global Market Comments August 22, 2023 Fiat Lux Featured Trades: (WHY YOU MUST AVOID ALL EV PLAYS EXCEPT TESLA), (TSLA), (GM) CLICK HERE to download today's position sheet.
“The car business is hell,” said founder Elon Musk, when announcing he would sleep in the Fremont Tesla factory until Model S production reached 2,500 units a week.
Global Market Comments August 21, 2023 Fiat Lux Featured Trades: (MARKET OUTLOOK FOR THE WEEK AHEAD, or LEARNING A NEW WORD), (JPM), (WPM), (FCX), (OXY), (CCI) (SPY), (TLT), (TSLA), (NVDA), ($WTIC) CLICK HERE to download today's position sheet.
It’s not often that I learn a new word, at least in English anyway. Anyone who has read all 4,000 pages of John Steinbeck, where you are sent running for your Funk & Wagnalls on every page, shouldn’t be surprised too often. Steinbeck spent two winters house-sitting at Lake Tahoe where he memorized the dictionary
“If you want to make enemies, try to change something,” said the late President Woodrow Wilson.
Global Market Comments August 18, 2023 Fiat Lux Featured Trades: (WEDNESDAY, SEPTEMBER 6, 2023 SAN DIEGO, CALIFORNIA GLOBAL STRATEGY LUNCHEON) (TESTIMONIAL) (AUGUST 16 BIWEEKLY STRATEGY WEBINAR Q&A), (SNOW), (PANW), (AMZN), (FCX), (WPM), (CCI), (GOLD), (WEAT), (JNK), (TLT), (X), (XOM), (HD), (AA), (UNG), (TSLA) CLICK HERE to download today's position sheet.