There is a new boom going on in Northern California. It is not another gold rush, even though this winter’s heavy rains have flushed out a new supply of the yellow metal in High Sierra rivers and streams. And I am not referring to the marijuana boom triggered by growing anticipation of the legalization of […]
“Interest rates are gravity. When they are zero, shares prices can go to infinity. When they are high, as they were during the early 1980’s, the gravitational pull can be very strong,” said Oracle of Omaha, Warren Buffet.
Global Market Comments October 7, 2025 Fiat Lux Featured Trade: (TESTIMONIAL) (A NOTE ON ASSIGNED OPTIONS, OR OPTIONS CALLED AWAY UPDATED), (GS)
I was a bit tentative about using actual portfolio numbers – but thought it may help readers understand you don’t need to be a billionaire to work with John Thomas. I am pleased to let you know that I have made money on Strategy (MSTR), Eli Lilly (LLY), and Amgen (AMGN) and clocked $529,000. Regarding […]
Last week, I received a surprise text from Interactive Brokers informing me that I had my short put options assigned or called away. I immediately fell down on your knees and thank my lucky stars. I just made the maximum possible profit for your position instantly. We have the good fortune to have three spreads […]
Global Market Comments October 6, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or FLYING BLIND), (SPY), (GLD), (NFLX), (TSLA), (MSTR)
During the 1980s, I ran Morgan Stanley’s equity trading desk in London. Every summer, I used to park my family at my villa in the mountains above Cannes in the South of France with a spectacular view of the Mediterranean. On weekends, I would fly down to Cannes in my twin-engine Cessna 340 with the […]
“Forget what you know about buying fair businesses at wonderful prices. Instead, buy wonderful business at fair prices,” said Oracle of Omaha, Warren Buffett.
Global Market Comments October 3, 2025 Fiat Lux Featured Trade: (OCTOBER 1 BIWEEKLY STRATEGY WEBINAR Q&A), (SPY), (CCJ), (CST), (SMR), (TSLA), (F), (GM), (USO), (FCX), (GLD), (SLV), (OXY), (BRK/B)
Below, please find subscribers’ Q&A for the October 1 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Incline Village, NV. Q: What effect will the government shutdown have on the stock market? A: The answer so far is nothing—absolutely nothing. It appears the President’s strategy is to cut spending only in Democratic states. New […]
