I received a call from a friend the other day. He said he bought Goldman Sachs last summer, a great move, since it has since risen by 86%. That is, until last week, when he got a margin call from Goldman Sachs. It turns out that he didn’t actually BUY (GS); he sold it short, […]
Category Archives: Homepage Posts
Occasionally, I get a call from Concierge members asking what to do when their short positions options were assigned or called away. The answer was very simple: fall down on your knees and thank your lucky stars. You have just made the maximum possible profit for your position instantly. We have the good fortune to have […]
The 50,000-foot view on the economy has suddenly become so clear. It came to me yesterday when I was climbing the 10,785-foot-high Mount Rose in Nevada, which offers the finest views of Lake Tahoe and the northern half of the state. The US economy went into recession on January 1 when companies froze new capital […]
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Aug
Aug
Below, please find subscribers’ Q&A for the July 30 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Incline Village, NV. Q: How long does it take for a full charge on the Tesla Model X (TSLA)? A: 30 minutes now for a full 250 mile charge with the new 250-watt chargers. That’s barely enough […]
Homepage Posts, Luncheon, Newsletter
Friday, August 22, 2025 Incline Village, Nevada Global Strategy Dinner
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Jul
Jul
Come join me for dinner at the Mad Hedge Fund Trader’s Global Strategy Dinner, which I will be conducting in Incline Village, Nevada, on Friday, August 22. 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 […]
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Jul
Jul
We have recently had a large influx of new subscribers. Perhaps it is because they possess the same vision as I that we are in an extended bull market driven by hyper-accelerating technology that could continue for another five years, and that we will likely see the S&P 500 above 6,000 by year’s end. Therefore, […]
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Jul
What was the most important news event last week? No, it doesn’t have anything to do with Jeffrey Epstein, the President’s visit to the Federal Reserve, or the Tesla (TSLA) earnings. It was the market reaction to the earnings of homebuilder DH Horton (DHI) that took the shares up 20%. The earnings were good in […]
The future has arrived! Over the last few weeks, I picked up some astonishing developments in artificial intelligence. *Mainframes at Stanford University and the University of California at Berkeley were given a direct connection to speak freely with each other. Within 30 minutes, they dumped English as a means of communication because it was too […]
I recently had dinner with David Pogue, the Science and Technology writer for the New York Times. It was a night well spent. David believes that climate change is no longer an “if” or a “maybe” but a certainty. The sooner we start adapting our lives to it, the better. The bottom line is that […]
Diary, Homepage Posts, Newsletter, Research
Playing the Short Side with Vertical Bear Put Debit Spreads
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Jul
Jul
At some point in 2024, we are going to need to SELL. Maybe there will be an economic slowdown, a surprise election outcome, or a flock of black swans. However, there is selling and then there is selling. I have a new training video on how to execute a vertical bear put debit spread. You […]