If you are not happy with the results below please do another search
Given that my friend, former Texas Governor, Rick Perry, was nominated for the position of Secretary of Energy yesterday, I thought I would recount a dinner I had with him. The irony is great since Rick promised to close down the agency while campaigning for president in 2012. It confirms my suspicion that many of
Trade the Tweet. That seems to be the new strategy adopted by traders who are still groping in the dark trying to figure out how to make money in the brave new world. So, when the President-elect says something idiotic and knocks a stock down 10% in seconds, you buy it. When sanity returns and
It has been a month now since the presidential election, and who has been hurt the most? No, it is not liberals, unions, Planned Parenthood, or environmentalists. It is the 1%. That is because the 1% have the overwhelming share of their wealth parked in the bond market, and it has been heading in a
I recently read? ?Flash Boys?, Michael Lewis?s bestseller about high frequency trading. In it, Lewis claims the markets are ?rigged? for the ordinary investor, and they are getting ripped off, in effect, paying a giant ?tax? to Wall Street to get their trades done. Nothing could be further from the truth. I have known Michael
You would think having a real estate guy for president would be good for real estate. That is not necessarily so. Remember that Donald Trump went bankrupt four times with his property ventures. You may lack his skills in extricating himself from these misadventures, let alone reap a billion dollars in tax benefits. Suffice it
Being the armchair general that I am, I think the markets are now in a situation similar to the 1939-40 ?Phony War? between Germany, Britain, and France (or ?Sitzkrieg? in German). War was declared on September 3, 1940, but no actual fighting took place. Each side maneuvered troops, but not a shot was fired. The
Occasionally I hear from subscribers to the flagship publication of Mad Hedge Fund Trader, Global Trading Dispatch, that they can?t execute one of my market beating Trade Alerts because broker commissions will eat up a large chunk of their potential profits. This is especially true with low dollar priced stocks, like Bank of America (BAC),
For all of 2016, financial markets have traded off of the assumption that gridlock would continue in Washington, DC. Markets hate change, and love the status quo, predictability, and certainty. Last week that assumption was turned on its head, thanks to the complete collapse of the Trump presidential campaign for reasons I am sure you
On Friday, another nail was driven into the coffin for the December Fed rate rise. That is the undeniable conclusion derived from the tepid September Non Farm Payroll Report at 156,000. The headline unemployment rate ticked up slightly to 5.0%. The Fed tells us every day that it is data driven, and this number certainly
It was the kind of dinner invitation I couldn?t turn down. What I learned was amazing. I usually prefer to spend my evenings at home catching up on my research, calling subscribers, and plotting my next Trade Alert. So it takes a lot to get me out of my cozy digs, especially during an evening