I recently heard an amazing piece of information from a subscriber. Fidelity recently conducted a study to identify their best-performing clients. They neatly fell into two groups: people who forgot they had an account at Fidelity, and dead people. It all underlines the futility of trading the markets without true professional guidance, such as you […]
Global Market Comments October 27, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE YEAREND RALLY HAS STARTED), (NFLX), (SPY), (TLT), ($VIX), (GM), (TSLA), (USO), (PHM), (GLD), (AAPL), (SLV), (FXI)
Like the rest of you, I have spent the last two months tediously grinding sideways, or at worst, suffering small corrections. Traders, investors, and retail have been playing a waiting game; waiting for the Fed to lower interest rates, the government shutdown to end, and the markets to digest the enormous gains since April. The […]
Global Market Comments October 13, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or A FRIDAY AFTERNOON SURPRISE) ($INDU), (SPY), (GLD), (TLT), (USO), ($VIX), (GS), (MSTR), (TSLA), (NFLX), (IBKR)
It was looking like just another boring Friday afternoon ahead of a three-day weekend, with bond markets closed on Monday for Columbus Day. I was sitting in front of my screens at my Lake Tahoe mansion, trying to untie the persistent knot in my pajama bottoms with a can opener. I have lost so much […]
Global Market Comments October 6, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or FLYING BLIND), (SPY), (GLD), (NFLX), (TSLA), (MSTR)
During the 1980s, I ran Morgan Stanley’s equity trading desk in London. Every summer, I used to park my family at my villa in the mountains above Cannes in the South of France with a spectacular view of the Mediterranean. On weekends, I would fly down to Cannes in my twin-engine Cessna 340 with the […]
Global Market Comments October 3, 2025 Fiat Lux Featured Trade: (OCTOBER 1 BIWEEKLY STRATEGY WEBINAR Q&A), (SPY), (CCJ), (CST), (SMR), (TSLA), (F), (GM), (USO), (FCX), (GLD), (SLV), (OXY), (BRK/B)
Below, please find subscribers’ Q&A for the October 1 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Incline Village, NV. Q: What effect will the government shutdown have on the stock market? A: The answer so far is nothing—absolutely nothing. It appears the President’s strategy is to cut spending only in Democratic states. New […]
Global Market Comments September 29, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE GOVERNMENT SHUTDOWN IS HERE) (SPY), ($INDU), (IWM), (V), (MA), (AXP), (UNG), (CCJ) (XOM), (OXY) (DUK) (TAN), (FSLR)
