“There is always more money than there are good ideas,” said my friend, venture capital investor Hubert Senters of Trade Thirsty.
Global Market Comments May 29, 2023 Fiat Lux Special Memorial Day Issue Featured Trades: (A TRIBUTE TO A TRUE VETERAN) CLICK HERE to download today's position sheet.
Global Market Comments May 26, 2023 Fiat Lux Featured Trades: (MAY 24 BIWEEKLY STRATEGY WEBINAR Q&A), (FCX), ($INDU), (NVDA), (TSLA), (AMZN), (TLT), ($VIX), (CCI), (BABA) CLICK HERE to download today's position sheet.
Below please find subscribers’ Q&A for the May 24 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Silicon Valley, CA. Q: Should I roll over my $55-$60 Freeport-McMoRan (FCX) 2024 LEAPS? A: Yes, move it from the January 2024 expiration to January 2025—that gives you a full 18 months for the stock to recover
Global Market Comments May 25, 2023 Fiat Lux Featured Trades: (THEY’RE NOT MAKING AMERICANS ANYMORE) CLICK HERE to download today's position sheet.
You can count on a bear market hitting sometime in 2038, one falling by at least 40%. Worse, there is almost a guarantee that a financial crisis, severe real estate crash, and possibly another Great Depression will take place no later than 2058 that would take the major indexes down by 50% or more. No,
Global Market Comments May 24, 2023 Fiat Lux Featured Trades: (JULY 19 LONDON STRATEGY LUNCHEON) (TESTING TESLA’S SELF-DRIVING TECHNOLOGY), (TSLA) (TESTIMONIAL) CLICK HERE to download today's position sheet.
I knew I was on the right track when the salesman told me that the customer who just preceded me for a Tesla Model X P100D SUV was the Golden Bay Warriors star basketball player, Steph Currie. Well, if it’s good enough for Steph, then it’s good enough for me. Last week, I received a
Going to renew my membership today because you provide great ideas. I think you have a lot of integrity in your messages. We may not agree politically, but you have nailed many of the concepts you shepherd. I have become a fan and look forward to your writing every day. Don, Cleveland, Ohio I'm
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones," said Nobel Prize winner Albert Einstein.
Global Market Comments May 23, 2023 Fiat Lux Featured Trades: (THURSDAY, JULY 6 NEW YORK STRATEGY LUNCHEON) (SHORT SELLING SCHOOL 101), (SH), (SDS), (PSQ), (DOG), (RWM), (SPXU), (AAPL), (VIX), (VXX), (IPO), (MTUM), (SPHB), (HDGE) CLICK HERE to download today's position sheet.
With the market now scraping the absolute top of the 2023 trading range, it’s time to revisit Short Selling School. We are also solidly into the high-risk, low-return time of the year from May to November. Historically, the total return for the time of year or the past 70 years is precisely zero. I, therefore,
Global Market Comments May 22, 2023 Fiat Lux Featured Trades: (MARKET OUTLOOK FOR THE WEEK AHEAD, or CONCENTRATION OF WEALTH AT THE TOP) (AAPL), (GOOGL), (AMZN), (MSFT), (NVDA), (TSLA), ($VIX), (JPM), (BAC), (C) CLICK HERE to download today's position sheet.
As I write this to you, I am flying at 30,000 feet over the red clay of Georgia. The azure blue of the Gulf of Mexico is on the left and the Golden State of California lies straight ahead. I am returning from a five-day whirlwind tour of Florida, which saw me speak at three
Global Market Comments May 19, 2023 Fiat Lux Featured Trades: (WHY WATER WILL SOON BE WORTH MORE THAN OIL), (CGW), (PHO), (FIW), (VE), (TTEK), (PNR), (BYND) CLICK HERE to download today's position sheet.
Global Market Comments May 18, 2023 Fiat Lux Featured Trades: (LAST CHANCE TO ATTEND THE FRIDAY, MAY 19, 2023 BOCA RATON, FLORIDA GLOBAL STRATEGY LUNCHEON) (PLAYING AROUND WITH AI) 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 Boca Raton, Florida on Friday, May 19, 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,
There isn’t a company in the world that isn’t playing around with AI right now. Think of the Internet, Microsoft Office, and Netscape Navigator all coming out on the same day. That is what is happening right now with AI. The gold rush has started. So, I instructed my programming staff to do the same.
“You be better off picking people randomly out of the phone book to run the country than relying on the faculty of Harvard,” said Tesla founder Elon Musk.
Global Market Comments May 17, 2023 Fiat Lux Featured Trades: (SOME SAGE ADVICE ABOUT ASSET ALLOCATION) CLICK HERE to download today's position sheet.