I have been through 11 bear markets in my lifetime, and I can tell you that the most ferocious rallies always take place in bear markets. This one is no exception. Short sellers always have a limited ability to take pain. This rally took the Dow Average up 14.4% during the month of October, the
"We underestimated the negative impact of the slowdown in the housing market, and we may be underestimating the tailwind in its recovery," said Uwe Mark Ruttke of Merrill Lynch, the top financial advisor in Colorado.
Global Market Comments October 28, 2022 Fiat Lux Featured Trade: (QUEEN MARY II SEMINAR AT SEA)
Global Market Comments October 27, 2022 Fiat Lux Featured Trade: (WHY RIVIAN IS THE NEXT TESLA), (RIVN), (TSLA)
I had the good fortune to grab a few minutes this week with RJ Scaringe, the founder and CEO of electric truck maker Rivian (RIVN). Rivian produces three types of EVs: the R1T pickup truck, the R1S SUV, and Amazon's EDV (electric delivery van). Its R1 vehicles start at under $70,000 and can travel more
Global Market Comments October 26, 2022 Fiat Lux Featured Trade: (FRIDAY, OCTOBER 28, 2022 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON)
Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Incline Village, Nevada on Friday, October 28. An excellent meal will be followed by a wide-ranging discussion and an extended question-and-answer period. I’ll be giving you my up-to-date view on stocks, bonds, currencies, commodities, precious
Global Market Comments October 25, 2022 Fiat Lux Featured Trade: (FRIDAY, NOVEMBER 4, 2002 LAS VEGAS, NEVADA GLOBAL STRATEGY LUNCHEON)
Global Market Comments October 24, 2022 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or MY SECRET MARKET INDICATOR), (SPY), (USO), (TSLA), (TBT), (NFLX), (FXY), (SNAP)
I have access to inside information that is worth far more than any other technical or fundamental data out there. It is almost always right and has made fortunes for me over the year, the dreams of avarice. If the SEC knew about it, they would lock me up and throw away the key. Here
If a cluttered desk is a sign of a cluttered mind, what is an empty desk a sign of?” asked Albert Einstein.
Global Market Comments October 21, 2022 Fiat Lux Featured Trade: (OCTOBER 19 BIWEEKLY STRATEGY WEBINAR Q&A), (BAC), (USO), (SPY), (TSLA), (NFLX), (TBT), (PLTR), (SNOW)
Below please find subscribers’ Q&A for the October 21 Mad Hedge Fund Trader Global Strategy Webinar broadcast from Silicon Valley in California. Q: Bank of America (BAC) said the US consumer is strong and lending is robust. Does this mean no recession in 2023? A: It could, because remember that while some sectors are clearly
The 40-year bull market in bonds is over,” said Dr. Jeremy Siegal of the Wharton School of Business. I agree heartily.
Global Market Comments October 20, 2022 Fiat Lux Featured Trade: (Berkshire Hathaway B Shares (BRKB) January 2025 $420-$430 deep out-of-the-money vertical Bull Call spread LEAPS) (BRKB)
BUY the Berkshire Hathaway B Shares (BRKB) January 2025 $420-$430 deep out-of-the-money vertical Bull Call spread LEAPS at $1.00 or best Opening Trade 10-20-2022 expiration date: January 17, 2025 Number of Contracts = 1 contract You don’t necessarily need to enter this position today. A big selloff would be ideal. But Berkshire Hathaway should be
Global Market Comments October 19, 2022 Fiat Lux Featured Trade: (THE BARBELL PLAY WITH BERKSHIRE HATHAWAY), (BRKA), (BRKA), (BAC), (KO), (AXP), (VZ), (BK) (USB), (MRK), (ABBV), (CVX), (GM), (PCC), (BNSF), (TLT), (AAPL)
Global Market Comments October 18, 2022 Fiat Lux Featured Trade: (FRIDAY, OCTOBER 28 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON) (TESTIMONIAL)
Global Market Comments October 17, 2022 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or BLUNDER 3.0) (RIVN), (TSLA), (V), (JPM), (AMAT), (HPE), (DELL), (KBH), (LEN)
There is no doubt whatsoever that the stock market tried to break down last week and failed. At worst, the Dow Average double bottomed at $29,600, the same level it reached on September 28. And even that low was a mere 800 points lower than the one we set on June 14. And that’s how