Don’t worry. I didn’t fail to send off a newsletter yesterday because I fell off some Alp, although there were some close calls. This high up in the mountains, there just wasn’t enough Internet to transmit my heavyweight ideas around the world. Here in Trento in northern Italy, the broadband hasn’t been upgraded since the
Global Market Comments July 26, 2023 Fiat Lux Featured Trades: (MY 2023 LEAPS PROGRESS REPORT) CLICK HERE to download today's position sheet.
Lately, my followers have been screaming for more recommendations for LEAPS, or Long Term Equity Anticipation Securities. LEAPS have the identical structure as a front month vertical bull call debit spread. The only difference is that while front month call spreads have expiration dates of less than 30 days, LEAPS go out to 18-30 months.
Global Market Comments July 25, 2023 Fiat Lux Featured Trades: (TESTIMONIAL) (ELECTIONS IN DAYS GONE PAST) CLICK HERE to download today's position sheet.
Global Market Comments July 24, 2023 Fiat Lux Featured Trades: (PROGRESS REPORT FROM EUROPE – PART ONE) CLICK HERE to download today's position sheet.
I am now three weeks into a five-week European sojourn and things couldn’t be going better. I missed the US actors strike by a week, the England Southwestern Railway strike by three days, and the London Underground strike by two days. However, in Italy, I was hit by a one-day rail strike there. Better yet,
Global Market Comments July 21, 2023 Fiat Lux Featured Trades: (WHAT THE NEXT RECESSION WILL LOOK LIKE), (FB), (AAPL), (NFLX), (GOOGL), (KSS), (VIX), (MS), (GS), (TESTIMONIAL) CLICK HERE to download today's position sheet.
The probability of a recession taking place over the next 12 months is now low ranging as high as 20%. If it reaccelerates, not an impossibility, you can take that up to 100%. And here’s the scary part. Bear markets front-run recessions by 6-12 months, i.e. now. We’ll get a better read on the inflation
Meeting you in person at the Paris Strategy Luncheon was a true honor after following your newsletter for over 5 years. And, yes, I will admit it, I am addicted to it and signing up for your Mad Hedge Technology Letter the day it started was my best decision of the year. I am still
Global Market Comments July 20, 2023 Fiat Lux Featured Trades: (CONTANGO IN THE (UVXY) EXPLAINED ONE MORE TIME), (UVXY), (VIX), (SPY) CLICK HERE to download today's position sheet.
Some 14 months into my enforced home quarantine, I am resorting to some oldies but goodies for home entertainment. They’re not making movies anymore, so oldies are all we get. I just finished watching Von Ryan’s Express (1965), and Frank Sinatra got shot in the back. It was a timely movie for me to revisit
Global Market Comments July 18, 2023 Fiat Lux Featured Trades: (DECODING THE GREENBACK), (THE TECHNOLOGY NIGHTMARE COMING TO YOUR CITY) CLICK HERE to download today's position sheet.
I tell people at my strategy luncheons that living in the San Francisco Bay area is like living in the future. There is an explosion of high tech innovation going on here, and we locals often find ourselves the guinea pigs for the latest hot products. However, sometimes the future is not such a great
“Everything needs more data. The day is not far when you’ll need a gigabyte of flash in a smartphone,” said Sanjay Mehrotra, the CEO of Micron Technology.
Global Market Comments July 17, 2023 Fiat Lux Featured Trades: (FRIDAY, AUGUST 4, 2023 VIENNA, AUSTRIA GLOBAL STRATEGY LUNCHEON) (MY 20 RULES FOR TRADING IN 2023) CLICK HERE to download today's position sheet.
Join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Vienna, Austria on Friday, August 4, 2023. An excellent meal will be followed by a wide-ranging discussion and an extended question-and-answer period. I’ll be giving you my up-to-date view on stocks, bonds, currencies, commodities, precious metals,
Nothing like starting the new year with going back to basics and reviewing the rules that worked so well for us last year. 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. Since
Global Market Comments July 14, 2023 Fiat Lux Featured Trades: (SATURDAY, AUGUST 5, 2023 ROME, ITALY GLOBAL STRATEGY LUNCHEON) (HOW TO FIND A GREAT OPTIONS TRADE) 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 Rome, Italy at 12:30 PM on Saturday, August 5, 2023. An excellent meal will be followed by a wide-ranging discussion and an extended question-and-answer period. I’ll be giving you my up-to-date view on stocks,
Global Market Comments July 13, 2023 Fiat Lux Featured Trades: (TUESDAY, AUGUST 1, 2023 FLORENCE, ITALY GLOBAL STRATEGY LUNCHEON) (A NOTE ON OPTIONS CALLED AWAY), (MSFT) CLICK HERE to download today's position sheet.