In 1942, after the First Marine Division won the battle of Guadalcanal and my Uncle Mitch won his Medal of Honor, they were shipped to Melbourne, Australia for six months of rest and relaxation. Since their uniforms were in rags and many men were barefoot, they were handed scratchy WWI surplus wool uniforms. That’s all
Global Market Comments March 3, 2023 Fiat Lux Featured Trade: (THURSDAY, JULY 6 NEW YORK STRATEGY LUNCHEON), (DINNER WITH NOBEL PRIZE WINNER JOSEPH STIGLITZ) CLICK HERE to download today's position sheet.
The great thing about interviewing Joseph Stiglitz over dinner is that you don't have to ask any questions. You just turn him on, and he spits out one zinger after another. And he does this in a kibitzing, wizened, grandfatherly manner like one would expect from a character that just walked off the set of
Global Market Comments March 2, 2023 Fiat Lux Featured Trade: (TOUCHING BASE WITH WARREN BUFFET), (BRK/B), (AMEX), (KO), (MS), (TSLA) CLICK HERE to download today's position sheet.
So how does someone with 55 years of investment experience like me learn something new? Listen to someone with 80 years of experience. It is with great anticipation that I read Warren Buffett’s annual letter to shareholders. Having banged the table for decades that his Berkshire Hathaway (BRK/B) is a “must own” stock, keeping up
Global Market Comments March 1, 2023 Fiat Lux Featured Trade: The United States Treasury Bond Fund (TLT) February 2024 $100-$105 at-the-money vertical Bull Call debit spread LEAPS CLICK HERE to download today's position sheet.
BUY the United States Treasury Bond Fund (TLT) February 2024 $100-$105 at-the-money vertical Bull Call debit spread LEAPS at $2.50 or best Opening Trade 3-1-2023 expiration date: February 16, 2024 Number of Contracts = 1 contract A $10 selloff in the (TLT) is a great entry point for a LEAPS. This is a gift from
Global Market Comments February 28, 2023 Fiat Lux Featured Trade: (THE 15-YEAR ANNIVERSARY OF THE MAD HEDGE FUND TRADER) CLICK HERE to download today's position sheet.
The Diary of a Mad Hedge Fund Trader is now celebrating its 15th year of publication. During this time, I have religiously pumped out 3,000 words a day, or 15 newsletters a week, of original, independent-minded, hard-hitting, and often wickedly funny research. I spent my life as a war correspondent, Marine Corps combat pilot, Wall
Global Market Comments February 27, 2023 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or MAKING A SILK PURSE FROM A SOW’S EAR) (META), (GOOGL), (MSFT), (AAPL), (AMZN), (NFLX), (TSLA), (SPY), (TLT), (ENPH), (UUP), (GLD), (SLV), (EEM) CLICK HERE to download today's position sheet.
Call this the Dr. Jekyll and Mr. Hyde market. On the up days, we see the kindly ministrations of Dr. Jekyll. On the down days, we suffer from the evil hand of Mr. Hyde. To say that traders are confused would be an understatement. Many seasoned pros have told me that this is one of
“Never fight the Fed, even when the Fed’s mission is to destroy the stock market,” said Jim Bianco of Bianco Research.
Global Market Comments February 24, 2023 Fiat Lux Featured Trade: (FEBRUARY 22 BIWEEKLY STRATEGY WEBINAR Q&A) (SPY), (BA), (CCI), (HD), (TLT), (TSLA), (PPLT), (PALL), (JPM), (NVDA), (AAPL), (GOOGL), (META), (AMZN) CLICK HERE to download today's position sheet.
Below please find the subscribers’ Q&A for the February 22 Mad Hedge Fund Trader Global Strategy Webinar broadcast from Silicon Valley in California. Q: Will Russia use nuclear weapons on Ukraine? A: No, they won’t. If you’re trying to take over a country, you don’t exactly want to drop atomic bombs on it first
“If you’re not making money while you sleep, you work until you die,” said Oracle of Omaha Warren Buffet.
Global Market Comments February 23, 2023 Fiat Lux Featured Trade: (LOOKING AT THE LARGE NUMBERS) (TLT), (TBT) (BITCOIN), (MSTR), (BLOK), (HUT) CLICK HERE to download today's position sheet.
Global Market Comments February 22, 2023 Fiat Lux Featured Trade: (TESTIMONIAL), (TEN MORE TRENDS TO BET THE RANCH ON), (AAPL), (AMZN), (GOOGL), (TSLA), (CRSP), (EDIT), (NTLA) CLICK HERE to download today's position sheet.
Hello John, I love your emails! They are refreshing and they put things in proper perspective. You are never rattled and have a steady hand. You instill confidence and have a wonderful perspective, and your pictures are quite something. They reveal your zest for life and are window openers for your readers. Arrogance and haughtiness
I believe that the pandemic and hyper-accelerating technology is bringing forward the future at an astonishing rate. More applications will be created in the next year than over the last 40, some 500,000. The sum total of human knowledge is now doubling every year. The profits spun off and investment opportunities will be incredible, which
“Judgement comes from experience, and experience comes from making bad judgments,” said US Army general Simon Bolivar Buckner, the most senior Army officer to die in WWII.