Global Market Comments March 21, 2023 Fiat Lux Featured Trade: Trade Alert - (JPM) LEAPS – BUY (JPM) CLICK HERE to download today's position sheet.
BUY the JP Morgan (JPM) January 2024 $130-$135 at-the-money vertical Bull Call spread LEAPS at $2.50 or best Opening Trade 3-21-2023 expiration date: January 19, 2024 Number of Contracts = 1 contract USE THE MATH BELOW TO ESTABLISH 9-MONTH OR ONE-YEAR LEAPS ON ANY LARGE BANK OR BROKERAGE HOUSE RIGHT NOW! GO AT-THE-MONEY. The banking
If the 2020 election was a math problem, it would read like this. “If you’re going down a river at 20 miles per hour and your canoe loses a wheel, how much pancake mix would it require to re-shingle your roof.”
Global Market Comments March 20, 2023 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or QE IS BACK!) (SPY), (BITCOIN), (GLD), (SLV), (ARKK), (NVDA), (AAPL), (GOOGL), (META), (SCHW), (MS), (FRC), (TLT), (KBWH) CLICK HERE to download today's position sheet.
Remember the endless flood of the money supply that went on for a decade, floating all boats? It's back! One need look no further than the Fed balance sheet, which ratcheted up a breathtaking $297 billion last week. That offsets three months worth of quantitative tightening if it even still exists. This is further confirmed
Global Market Comments March 17, 2023 Fiat Lux Featured Trade: (OIL ISN’T WHAT IT USED TO BE), (USO), (DIG), (DUG) (A DIFFERENT VIEW OF THE US) CLICK HERE to download today's position sheet.
Virtually every analyst has been puzzled by the endless weakness in oil prices (USO), (DIG), (DUG), which have been in a downward spiral for more than a year. Since Russia first invaded Ukraine, the price of Texas tea has collapsed from $132 to $66 a barrel. In fact, oil ain’t what it used to be.
Global Market Comments March 16, 2023 Fiat Lux Featured Trade: (THE MAD HEDGE TRADERS & INVESTORS SUMMIT IS ON MARCH 14-16) (INVESTORS WILL WIN THE ETF PRICE WAR), (BIDDING FOR THE STARS) CLICK HERE to download today's position sheet.
A collection of the 28 best traders and managers in the world, or eight a day, each giving an educational webinar. Back-to-back one-hour presentations are followed by an interactive Q&A. It will be hosted by John Thomas from 9:00 AM sharp each day. Watch for the Pink Floyd music. It’s a smorgasbord of trading strategies,
Many hedge fund traders are unhappy about the current near monopoly enjoyed by the top three ETF issuers, Black Rock, State Street, and Vanguard, which control 80% of the market. At last count, 590 index ETFs alone were capitalized at more than $1.5 trillion. The result has been grasping management fees, exorbitant expense ratios, and
A few years ago, I went to a charity fundraiser at San Francisco’s priciest jewelry store, Shreve & Co., where the well-heeled men bid for dates with the local high society beauties, dripping in diamonds and Channel No. 5. Well fueled with champagne, I jumped into a spirited bidding war over one of the Bay
Global Market Comments March 15, 2023 Fiat Lux Featured Trade: (THE MAD HEDGE TRADERS & INVESTORS SUMMIT IS ON MARCH 14-16) (TAKING A BITE OUT OF STEALTH INFLATION), (TESTIMONIAL) CLICK HERE to download today's position sheet.
When I visited the local Safeway over the weekend, I was snared by some green uniformed pre-teens, backed by beaming mothers behind a card table selling Girl Scout cookies. I was a pushover. I walked away with a bag of Thin Mints, Lemon Chalet Creams, Do-Si-Dos, and Tagalongs. I have to confess a lifetime addiction
“Don’t bail away in a sinking boat if you can swim to one that is seaworthy,” said Warren Buffet partner, the 99-year-old Charlie Munger.
Global Market Comments March 14, 2023 Fiat Lux Featured Trade: (THE MAD HEDGE TRADERS & INVESTORS SUMMIT IS ON MARCH 14-16) (HOW TO AVOID THE PONZI SCHEME TRAP), (TESTIMONIAL) CLICK HERE to download today's position sheet.
I spent a sad and depressing but highly instructional evening with Dr. Stephen Greenspan, who had lost most of his personal fortune with Bernie Madoff. The University of Connecticut psychology professor had poured the bulk of his savings into Sandra Mansky's Tremont feeder fund; receiving convincing trade confirms and rock-solid custody statements from the Bank
“You can’t go from Wild Turkey to cold turkey overnight,” said former president of the Dallas Fed Richard Fisher.
Global Market Comments March 13, 2023 Fiat Lux Featured Trade: (THE MAD HEDGE TRADERS & INVESTORS SUMMIT IS ON MARCH 14-16) (MARKET OUTLOOK FOR THE WEEK AHEAD, or WASHED UP ON THE BEACH) (SPY), (TLT), (TSLA), (NVDA), (BRK/B) CLICK HERE to download today's position sheet.
Sometime in the next week, the following headline will cross the wires: “Body of Silicon Valley Bank Risk Manager Washes up on California Beach.” It will be noted that the face was severely bruised, and not from the pounding it took from coastal rocks or some fish. This was no suicide but in many respects,
“You have to keep learning if you want to become a great investor. When the world changes, you must change” said Warren Buffet partner, the 99-year-old Charlie Munger.