When a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what security to buy, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen. Read more
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more
Global Market Comments
November 1, 2016
Fiat Lux
Featured Trade:
(THE QUANTUM COMPUTER IN YOUR FUTURE),
(AMZN), (GOOG),
(FREE REPLAY LINK FOR THE GREAT JOHN THOMAS VERSUS HARRY DENT DEBATE),
(WATCH OUT FOR THE MILLENNIAL VOTER)
Amazon.com, Inc. (AMZN)
Alphabet Inc. (GOOG)
This event made the Clinton Trump debates pale by comparison.
It was a knock down, drag out, tooth and nail affair.
Think of mud wrestling meets extreme fighting.
Over one and a half hours, Harry and I covered every asset class, each major geopolitical trend, as well as the outcome of the presidential election and its impact on the markets.
If you are looking for a relaxed and pleasant evening with your significant other, this is definitely NOT the place to go. You?re better off watching Dancing With the Stars.
However, if you are looking for insights with which to artfully trade the markets or expertly invest your retirement portfolio, you have come to the right place.
Using my not inconsiderable powers of persuasion, I managed to obtain a link to a replay of our earth- shaking debate FOR FREE.
Click to watch The Thomas Dent Debate
Enjoy.
I have been banging the table for years now about the importance of demographic trends for the economy, the financial markets, and the housing market.
Well, politics is no different.
Millennials were born during 1982-1998, and are now aged 18-34 (I have three of them).
According to recent surveys, they are suspicious of government, have a strong anti-business bias, are opposed to new regulation, are highly conscious of environmental issues, and universally believe in global warming.
They are also overwhelmingly pro-choice, support same sex marriage, and back the legalization of marijuana, even in red states.
Millennials also happen to care the least about health care, apparently believing they can live forever, and are a major headache for Obamacare.
They put a high value on ethics.
We also have learned that they don't bother to vote in midterm elections, but can have an outsized influence on presidential elections.
?This is important because the Millennium Generation surpassed in size the 80 million strong baby boomer generation, exceeding 85 million in total.
No wonder this election focused so much energy on online campaigning and social media. Is the outcome of future elections to be determined by clicks and bandwidth? You betcha!
The data effectively means that the population of liberals is growing, while that for conservatives is shrinking, confirming the long term march of history.
This is why sedition, slavery, Indian removals, child labor, horizontal monopolies, poisonous food, and harmful drugs are illegal, and women and eighteen year olds have the right to vote.
Politician planners and makers of campaign tchotchke take note.
While the Global Trading Dispatch focuses on investment over a one week to six-month time frame, Mad Options Trader, provided by Matt Buckley, will focus primarily on the weekly US equity options expirations, with the goal of making profits at all times. Read more
As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. Read more
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more
Global Market Comments
October 31, 2016
Fiat Lux
Featured Trade:
(MARKET OUTLOOK FOR THE WEEK OF OCTOBER 31ST),
(THANK GOODNESS I DON?T LIVE IN SWEDEN),
(EWD),
(PLEASE SEARCH MY FREE DATA BASE)
iShares MSCI Sweden (EWD)
So who will win the contest of the century?
The nation is sitting on the edge of its seats and holding its collective breath.
No, I?m not talking about the presidential election, dummy!
I?m referring to the World Series, and whether the Chicago Cubs will break a 108-year losing streak.
Go Cubs!
Welcome to the best trading week of the year.
Yes, historically, the first trading week of November has the highest year-on-year return of any week of the year, based on data going back 70 years.
You know that ?Sell in May and go away? thing? The flipside is ?Buy in November and hold until May? which kicks in tomorrow.
This is the six months of the year that, for the past seven decades, have delivered the ENTIRE positive return for US equity investment.
Except that this time, a certain development which occurred last Friday may turn this precedent upside down.
That would be a new batch of emails.
That?s just what the Clinton campaign DIDN?T want to hear 11 days before the presidential election.
Stocks sold off, but recovered when it was learned that the source was Anthony Weiner, the infamous and disgraced ?sexting? former congressman.
So what are we looking for here? Dirty pictures?
I know for sure that Weiner and his wife are NOWHERE on the security clearance ladder, so it's highly unlikely that they have anything of consequence.
I doubt it will change a single vote.
After pounding away on the email issue all day, every day for a year, Donald Trump has exhausted the issue. We all have hardened scar tissue on our nerve endings regarding this matter.
A Clinton win is a done deal. At least the stock market thinks so. Notice how the health care and energy sectors got hammered on Friday while the general market selloff was over in minutes.
These politically sensitive, high beta sectors would be rocketing if investors thought The Donald was about to occupy the White House.
Listen to what the stock market is telling you.
Still, all are bracing for the newest revelations about both candidates in the final week before the election.
The Clinton bombshell is now out. What will the next Trump bombshell look like?
Perish the thought.
With the national election decided, look for Californians to focus on local initiatives.
Look for the Golden State to cap drug prices, legalize marijuana, approve massive new school bond issues, permanently raise taxes on the ultra wealthy, add a $2 a pack tax on cigarettes, require condoms for porn stars, introduce a one cent an ounce tax on sodas, allow early parole for non violent offenders, ban the death penalty, require background checks for ammunition purchases, prohibit supermarket plastic bags and approve world peace (I made the last one up).
The state-issued voter guide is a positively wrist breaking 224 pages (I read the whole thing).
With all the excitement of the technology earnings now behind us, the coming week is likely to be more sedentary on the reporting front.
Although no one knows it, we have a Federal Reserve Open Market Committee (FOMC) Meeting this week where they are expected to do exactly nothing. The fireworks aren?t expected to happen until mid December.
And, yikes, we get the Nonfarm Payroll Report on Friday.
Traders will certainly be earning their crust of bread this week.
Monday, October 31st at 9:45 AM EST, we get the Chicago Purchasing Managers Index.
That night, millions of trick or treaters will be canvassing the country foraging for free candy.
On Tuesday, November 1st at 9:00 AM EST we get a new update on the ISM Manufacturing Index. Given last week?s sharp GDP upgrade, the report should be interesting, to say the least.
On Wednesday, November 2nd at 2:00 PM EST, the Federal Reserve announces its interest rate decision. We should also pay careful attention to the EIA Petroleum Status Report, due out at 10:30 AM EST.
Thursday, November 3rd, we learn the PMI Services Index at 9:45 AM EST, following the Weekly Jobless Claims at 8:30 AM.
On Friday, November 4th at 8:30 AM EST we get the October Nonfarm Payroll Report. I am expecting a print around 200,000, but we could run hotter, given the recent GDP report.
1:00 PM delivers us the Baker Hughes Rig Count. Worryingly for oil producers, the trend has been up for the past 17 out of 18 weeks.
Good luck going door to door tonight. You never know who you might run into.
