Global Market Comments April 11, 2023 Fiat Lux Featured Trade: (HOW TO HANDLE THE FRIDAY, APRIL 21 OPTIONS EXPIRATION), (TESLA), (BAC), (C), (JPM), (IBKR), (MS), (BRK/B), (FCX), (TLT) CLICK HERE to download today's position sheet.
Followers of the Mad Hedge Fund Trader alert service have the good fortune to own TEN deep in-the-money options positions that expire on Friday, April 21, and I just want to explain to the newbies how to best maximize their profits. These involve: Risk On (TSLA) 4/$130-$140 call spread 20.00% (BAC) 4/$20-$23 call
Global Market Comments April 10, 2023 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or MAD HEDGE CLOCKS 46.38% PROFIT IN Q1) (TSLA), (USO), (WMT), (AAPL), (GLD), (GOLD), (SLV), (UUP), (TLT), (UBI), (NVDA), (MU), (AMAT), (CCJ) CLICK HERE to download today's position sheet.
How much pain to take? That is the question plaguing traders and portfolio managers alike around the world. For the average bear market is only 9.7 months long and we are already 16 months into the present one. Even the longest postwar bear market was only 2.5 years, or 30 months, the 2000-2002 Dotcom Bust,
Global Market Comments April 7, 2023 Fiat Lux Featured Trade: (A NOTE ON ASSIGNED OPTIONS, or OPTIONS CALLED AWAY), (TLT), (TSLA) CLICK HERE to download today's position sheet.
Since many of you are still running up to ten deep in the money options spreads, it’s time to review how to handle options called away. The higher the yield on a security, the greater the call away risk. With ten year US Treasury yields now at 4.00% the call away risk is heightened. Let’s
I’m not in favor of breaking up the large banks. But if push comes to shove and there is no other way to eliminate the “too big to fail” problem, which is getting worse, and not better, I would be in favor of breaking up the big banks,” said former Federal Reserve chairman, Alan Greenspan.
Global Market Comments April 6, 2023 Fiat Lux Featured Trade: (REITERATION OF MY $1,000 TARGET) (TSLA) CLICK HERE to download today's position sheet.
When I heard that the February 28 Tesla Investors Day in Austin, TX was boring, I was highly suspicious. I thought that might be a journalist’s snap judgment with a strong background in creative writing. Engineers and scientists might have a different take, I thought. So, I listened to the entire 3 ½ hours and
Global Market Comments April 5, 2023 Fiat Lux Featured Trade: (THE CODER BOOM) (HOW TO EXECUTE A VERTICAL BULL CALL SPREAD) (AAPL) CLICK HERE to download today's position sheet.
For those readers looking to improve their trading results and create the unfair advantage they deserve, I have posted a training video on How to Execute a Vertical Bull Call Spread. This is a matched pair of positions in the options market that will be profitable when the underlying security goes up, sideways, or down
“If Carnival Cruise Lines (CCL) can raise $4 billion in the debt markets, why can’t American (AA) or United (UAL) do the same? Why stick it to the taxpayer?” asked my old friend, famed short-seller Jim Chanos.
Global Market Comments April 4, 2023 Fiat Lux Featured Trade: (Trade Alert - (TLT) LEAPS – BUY) (TLT) CLICK HERE to download today's position sheet.
“Our clients used to think in weeks and days. Today, it’s not even hours-- they think in minutes,” said John Schutz of Wells Fargo, the largest financial advisor in Minnesota, with $1.2 billion in assets.
Global Market Comments April 3, 2023 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or GOLDILOCKS IS BACK!) (TSLA), (BAC), (C), (JPM), (IBKR), MS), (BRK/B), (FCX), (TLT) CLICK HERE to download today's position sheet.
“China thinks strategically. We think reactively,” said Stephen Roche, former chairman of Morgan Stanley Asia, and my friend and former mentor.
Global Market Comments March 31, 2023 Fiat Lux Featured Trade: (Trade Alert - (SCHW) LEAPS – BUY) (SCHW) CLICK HERE to download today's position sheet.