“It’s not always the troops that storm the beaches who are the right ones to set up the government,” said Steve Vassallo from Foundation Capital about the resignation of founder Travis Kalanick from Uber.
Global Market Comments
July 8, 2021
Fiat Lux
Featured Trade:
(TESTIMONIAL)
(A BUY-WRITE PRIMER), (AAPL)
John, I couldn’t be happier with your service, and the way you operate your business. I love it! And I recommend you to my relatives and my good friends when appropriate. I feel very grateful and blessed to have been introduced to your information and your person even though not in person.
I’m in Tesla (TSLA), Advanced Micro Devices (AMD), NVIDIA (NVDA), Boeing Aircraft (BA), and Apple (AAPL).
I paid $500,000 down for a million-dollar home in Anthem, CA with my profits and it is now worth $1.5 million. We have remodeled it into our dream home, and I have my own golf cart in the garage.
I couldn’t feel more fortunate to have come across you. I read your Mad Hedge Hot Tips and diary every day and I feel you keep me in the know with how the market is moving.
I took the opportunity when it came last year and went all-in under your guidance. It has changed my and my wife and five children’s lives for the better.
Here is a pic of our Model Y and Tesla solar on our new 4,000’ Executive home. Peace and all the best, and best of luck with your daughters and Boy Scouts.
Greg
Anthem, CA
Global Market Comments
July 7, 2021
Fiat Lux
Featured Trade:
(JUNE 30 BIWEEKLY STRATEGY WEBINAR Q&A),
(QQQ), (BRKB), (GOOG), (NVDA), (FB), (TSLA), (JPM), (BAC), (C), (GS), (MS), (NASD), ((X), (FCX), (AMZN), (MSFT), (AAPL), (FCX)
“At the tail end of a momentum-driven melt-up, weird things start to happen,” said Chris Harvey, chief equity strategist at Wells Fargo.
Global Market Comments
July 6, 2021
Fiat Lux
Featured Trade:
(MARKET OUTLOOK FOR THE WEEK AHEAD, or ALL EYES ON THE FANGS)
(FB), (AAPL), (AMZN), (MSFT), (NFLX), (NVDA), (AMD), (MU)
Global Market Comments
July 4, 2021
Fiat Lux
SPECIAL FOURTH OF JULY ISSUE
Featured Trade:
(COULD YOU QUALIFY TO BECOME A U.S. CITIZEN?)
Today’s Fourth of July celebration brings back memories of my late wife’s campaign to become an American citizen 25 years ago. Kyoko originally came from Japan.
Part of the process required a verbal quiz about U.S. history and government. Our family spent a year energetically prepping her, with nightly grillings over dinner about the most obscure details of our independent form of government. She took cram courses and read a dozen prep books.
By the time the test day came, she was a veritable constitutional law scholar, and any one of us could have qualified for a seat on the Supreme Court.
I drove her up to the Federal Building in Santa Rosa, California, with the greatest trepidation. As the interviewing officer entered, the tension in the room was so thick, you could cut it with a knife.
There were only three questions:
1) What colors are in the American flag? (Answer: red, white, and blue).
2) Who was the first general of the U.S. army? (Answer: George Washington).
(3 What are the three branches of government? (Answer: legislative, executive, and judicial).
I was stunned.
All that work and she got a test that a child could pass. Two months later, we were in an auditorium on San Francisco’s posh Nob Hill with 1,500 others to be sworn in by a federal judge. By tradition, the ceremony is led by the oldest English applicant.
In 2008, the Bush administration revamped the test to make it a little harder in an attempt to keep immigrants out.
Here are some sample questions:
1) Who wrote the Articles of Confederation? (Answer: Alexander Hamilton).
2) How many seats are in the House of Representatives? (Answer: 435 voting, six nonvoting).
3) How many amendments are there to the Constitution? (Answer: 27).
Whoa!
I’m not sure I could pass this test. Just as my SAT scores are probably too low to get into a decent university today, I’m not sure that I could meet the standard to become a citizen either. But over 1 million immigrants did last year.
Happy Independence Day to all.
The Swearing-in Ceremony in 1997
Global Market Comments
July 2, 2021
Fiat Lux
SPECIAL EARLY RETIREMENT ISSUE
Featured Trade:
(HOW TO JOIN THE EARLY RETIREMENT STAMPEDE)
Global Market Comments
July 1, 2021
Fiat Lux
Featured Trade:
(A VERY BRIGHT SPOT IN REAL ESTATE)
