“Climb if you will, but remember that courage and strength are nought without prudence, and that a momentary negligence may destroy the happiness of a lifetime. Do nothing in haste; look well to each step; and from the beginning think what may be the end,” said Edward Whymper, the first man to climb the Matterhorn,
Global Market Comments July 28, 2022 Fiat Lux Featured Trade: (WHY YOU MUST AVOID ALL EV PLAYS EXCEPT TESLA), (TSLA), (GM)
Global Market Comments July 27, 2022 Fiat Lux Featured Trade: (HOW TO GAIN AN ADVANTAGE WITH PARALLEL TRADING), (GM), (F), (TM), (NSANY), (DDAIF), BMW (BMWYY), (VWAPY), (PALL), (GS), (EZA), (CAT), (CMI), (KMTUY), (KODK), (SLV), (AAPL)
Global Market Comments July 26, 2022 Fiat Lux Featured Trade: (COFFEE WITH RAY KURZWEIL), (GOOG)
Global Market Comments July 25, 2022 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or WHEN IS BREAKOUT TIME?), (TSLA), (TLT)
This will be my last week of writing from the balcony of my chalet in Zermatt. I’ll try to bag a few more peaks over the weekend, then it is a long train ride with transfers in Visp, through the 12-mile stretch of the 125-year old Simplon Tunnel, then on to Milan and my Venice
Global Market Comments July 22, 2022 Fiat Lux Featured Trade: (MAD HEDGE NORWEGIAN FJORD CRUSE SEMINAR REVIEW)
It was a schedule I could easily get used to. Up at dawn, four times around the deck to make a mile. On return, my butler set out a fine breakfast of bacon, eggs, toast, marmalade, fresh strawberries, and coffee in my private dining room. Thus passed a week at the Mad Hedge Norwegian Fjord
Global Market Comments July 21, 2022 Fiat Lux Featured Trade: (DECODING THE GREENBACK), (THE TECHNOLOGY NIGHTMARE COMING TO YOUR CITY)
Global Market Comments July 20, 2022 Fiat Lux Featured Trade: (I HAVE AN OPENING FOR THE MAD HEDGE FUND TRADER CONCIERGE SERVICE), (SOME SAGE ADVICE ON ASSET ALLOCATION), (TESTIMONIAL)
Well, it’s happened once again. This time, I have two concierge members who have given me notice that they are cashing in their chips and retiring. They both clocked 1,000% returns this year, using maximum leverage and hammering every rally all year long. I coached them where I could. That creates a fabulous opportunity for
Global Market Comments July 19, 2022 Fiat Lux Featured Trade: (TESTIMONIAL), (MY NEW ECONOMIC INDICATOR)
Global Market Comments July 18, 2022 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or HERE COMES THE FULL EMPLOYMENT RECESSION), (TSLA), (SPY), (TLT), (NVDA), (MSFT), (BRKB), (FCX)
I am writing this from the balcony of my chalet high in Zermatt, Switzerland watching the sun set on the last bit of snow at the Matterhorn summit. There is a roaring Alpine River 100 feet below me as the melting of the glaciers accelerates. Mountain larks are diving and looping through the trees. I
“If you keep looking at charts, eventually you will have your derrière handed to you,” said my old friend, hedge fund legend David Tepper.
Global Market Comments July 15, 2022 Fiat Lux Featured Trade: (REPORT FROM NATO HEADQUARTERS)
Becoming a major in the US Marine Corps takes some getting used to. After being a captain for 30 years I keep wondering why all these people are saluting me and addressing me as “Sir”. My pat response is, “I haven’t got my knighthood yet but give it time.” With my military service for the
Global Market Comments July 14, 2022 Fiat Lux Featured Trade: (THE DEATH OF THE FINANCIAL ADVISOR), and (HAPPY BASTILLE DAY)
About one-third of my readers are professional financial advisors who earn their crust of bread telling clients how to invest their retirement assets for a fixed fee. They used to earn a share of the brokerage fees they generated. After stock commissions went to near zero, they started charging a flat 1.25% a year on
