The Pivot has started. Not by the Fed, which is not expected to begin lowering interest rates by the summer or fall. It's the stock market that has pirouetted, from bear to bull last October. The higher stocks rise in this miraculous, coming-from-nowhere rally, the more credibility this rally gains. If a new bull market
“The less time you have left, the more valuable it becomes,” said the late rock legend David Crosby, who died at 81 last week.
Global Market Comments January 20, 2023 Fiat Lux Featured Trade: (WILL SYNBIO SAVE OR DESTROY THE WORLD?), (XLV), (XPH), (XBI), (IMB), (GOOG), (AAPL), (CSCO), (BIIB) CLICK HERE to download today's position sheet.
Some 50 years ago, when I was a biotechnology student at UCLA, a handful of graduate students speculated about how dangerous our work really was. It only took us an hour to figure out how to synthesize a microbe that had a 99% fatality rate, was immune to antibiotics and was so simple it could
“It’s not like stocks are so compelling. It’s that there is nowhere else to put your cash. There’s a ton of capital coming in here. When it feels this easy, it’s usually time to be cautious,” said Barry Sternwood, CEO of the Starwood Capital Group.
Global Market Comments January 19, 2023 Fiat Lux Featured Trade: (FRIDAY, FEBRUARY 17, 2023 HONOLULU, HAWAII STRATEGY LUNCHEON) (WHY DOCTORS, PILOTS, AND ENGINEERS MAKE TERRIBLE TRADERS) CLICK HERE to download today's position sheet.
Global Market Comments January 18, 2023 Fiat Lux Featured Trade: (TESTIMONIAL), (SHOPPING FOR FIRE INSURANCE IN A HURRICANE), (VIX), (VXX), (XIV), (THE ABCs OF THE VIX), (VIX), (VXX), (SVXY) CLICK HERE to download today's position sheet.
With the Volatility Index back down to a bargain $18, I am getting deluged with emails from readers asking if it is time to start hedging portfolios one more time and buying the iPath S&P 500 VIX Short Term Futures ETN (VXX). The answer is no yet, but soon, possibly very soon. They are inquiring
Global Market Comments January 17, 2023 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or GOING AGAINST THE CONSENSUS), (TLT), (MUB), (JNK), (HYG), (GLD), (SLV), (GOLD), (WPM), (FCX), (BHP), (EEM), (MS), (GS), (JPM), (BAC), (C), (BRK/B), (SPY), (QQQ), (IWM), (VIX)
Going against the market consensus has been working pretty well lately. When the world prayed for a Santa Claus rally, I piled on the shorts. When traders expected a New Year January crash, I filled my boots with longs. That’s how you earn an eye-popping 19.83% profit in a mere nine trading says, or 2.20%
Global Market Comments January 13, 2023 Fiat Lux Featured Trade: (JANUARY 11 BIWEEKLY STRATEGY WEBINAR Q&A) (ROM), (FCX), (QQQ), (VIX), (TSLA), (TLT), (MSFT), (RIVN), (VIX), (BRK/B), (RTX), (LMT), (FXI), (UNG), (GLD), (GDX), (SLV), (WPM)
Below please find the subscribers’ Q&A for the January 11 Mad Hedge Fund Trader Global Strategy Webinar broadcast from Silicon Valley in California. Q: In your trade alert you expected that the (TLT) might go up as much as 30% this year. But in your latest newsletter, you mentioned that the chaos in the
“I think we don’t become our most honest and genuine until we are dead, and not until we have become dead for years. People ought to start dead and then they would become honest earlier,” said American writer and humorist Mark Twain.
Global Market Comments January 12, 2023 Fiat Lux Featured Trade: (DON’T GET RIPPED OFF BY THE MUTUAL FUNDS)
I was reviewing the portfolio of a new Concierge member yesterday and was horrified by what I found. After following me for several years, his single stock picks were mostly mine and doing great. But he had WAY too many mutual funds. How many mutual funds would you guess outperformed the stock market since the
Global Market Comments January 11, 2023 Fiat Lux Featured Trades: (TESTIMONIAL) (A BUY WRITE PRIMER) (AAPL)
Dear John, I’m taking the plunge since your performance has been phenomenal. I have been a subscriber for many years … mainly with my face pressed up against the window looking in and watching your performance figures rack up at a staggering pace. I was busy running my business and could not dedicate
Global Market Comments January 10, 2023 Fiat Lux Featured Trades: (TESTIMONIAL) (A NOTE ON ASSIGNED OPTIONS, OR OPTIONS CALLED AWAY) (TLT), (TSLA), (MSFT)
Hi John, Merry Christmas and Happy New Year to you and your family. Thanks for your friendship and congratulations on your Mad Hedge Fund Service, which is simply phenomenal. I could list hundreds of your accomplishments and achievements. I suggest a three-year TV series on Netflix about you. Even that may not be enough to
“It is fine to have the longest view in the room, as long as the thing at the end of the vista is a gigantic hill of money,” said John Lanchester of the New Yorker magazine.