Thanks, John for the Tesla trade. I bought 40 contracts of the February $95-$100 vertical bull call spread at $3.75 and sold it this morning for $4.75 for a $4,000 gain. NICE! Penny in Florida
Global Market Comments January 24, 2023 Fiat Lux Featured Trade: (TESTIMONIAL) (HOW TO BUY A SOLAR SYSTEM), (SPWR), (TSLA) CLICK HERE to download today's position sheet.
Mr. John Thomas, you have changed my life. Before I found your service, I bounced from one terrible service to another, losing money at every step of the way. Even when I found you, I was pretty leery. I then pulled off 22 money-making trades in a row. I gained so much confidence that I
“With valuations rising and fundamentals deteriorating we are in Looney Tunes Land here. The coyote is running in midair”, said a hedge fund friend of mine about current stock market conditions.
Global Market Comments January 23, 2023 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or WHERE IS THE BEAR MARKET?), (GOLD), (GLD), (WPM), (SLV), (BRK/B), (TSLA), (OXY) CLICK HERE to download today's position sheet.
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