Global Market Comments
December 6, 2024
Fiat Lux

 

Featured Trade:

(JOIN ME ON MY JANUARY 3, 2025 PANAMA CANAL SEMINAR AT SEA LUNCHEON)
(TESTIMONIAL)
(AN EVENING WITH TRAVEL GURU ARTHUR FROMMER)

 

Come join me in the grand appointments of the Princess Coral on an adventurous 16-day cruise from Los Angeles, California to Fort Lauderdale, Florida through the Panama Canal.

The ship departs from the Port of San Pedro, Los Angeles at 12:00 PM on Thursday, December 19, 2024 and reaches Fort Lauderdale at 7:00 AM, on Saturday, January 4.

The ship will make day stops at Huatulco, Mexico, Puerto Chiapas, Mexico, Puntarenas, Costa Rica, Fuerte Amador, Panama, and Cartegena, Columbia. There will be seven full days at sea in the Pacific Ocean and The Caribbean.

There, I will be conducting the Mad Hedge Fund Trader’s Strategy Luncheon where I will discuss the future of the global financial markets.

I’ll be giving you my up-to-date view on stocks, bonds, currencies, commodities, precious metals, energy, and real estate. I’ll highlight the best long and short opportunities.

And to keep you in suspense, I’ll be tossing a few surprises out there too. Enough charts, tables, graphs, and statistics will be thrown at you to keep your ears ringing for a week. Tickets are available for $499 for the seminar only.

Attendees will be responsible for booking their own cabin through Princess. I just checked availability and the cheapest offer is for an inside stateroom from $2,393 per person. If you do the math, that is cheaper than staying at Motel 6 for 16 days and eating at Taco Bell every day, which is why the cruise industry is booming. Or, you can step up to $4,202 per person for a luxury mini-suite with an outside deck.

Just visit their website at https://www.princess.com/en-us or call them directly at 800-774-6237 to make your own arrangements. Only reserve cruise number 6501 for 2024.

The weather this time of year should be balmy and tropical, depending on our luck. A brisk walk four times around the boat deck adds up to a mile. Full Internet access will be available, for a price, to follow the markets. Princess is now using the SpaceX Starlink satellite access on all their ships.

Two dinners during the voyage will be black tie, so bring two tuxes or formal dresses.

The event will be held at the ship’s luxurious Owners Suite, the details of which will be emailed to you with your purchase confirmation.

I look forward to meeting you and thank you for supporting my research.

To purchase tickets for this luncheon, please click here.

See you aboard!

 

 

 

 

 

 

Come Join Me at Sea

Dear Mr. Thomas, 

Thanks for the 10-bagger on Palantir.  I bought it at $7.50 and it’s now at $63.50, so I'd call that close enough to qualify.  You pointed me to this company long ago, and I was patient.

Best regards,

David

 

It was with great sadness that I learned of the passing of travel guru Arthur Frommer at the age of 95. Arthur had a great influence on my life.

Since many of you are now planning summer vacations, I thought I would pass on what I learned from the ultimate travel guru of all time.

When I backpacked around Europe in 1968, I relied heavily on Arthur Frommer’s legendary paperback guide, Europe, on $5 a Day, which then boasted a cult-like following among impoverished but adventurous Americans. The charter airline business had just taken off, plunging airfares, and suddenly, Europe came within reach of ordinary Americans like me.

Over the following years, he directed me down cobblestoned alleyways, dubious foreign neighborhoods, and sometimes converted WWII air raid shelters to find those incredible travel deals. When he passed through town some 60 years later, I jumped at the chance to chat with the ever-cheerful worshipped travel expert.

Frommer believes there are three sea change trends going on in the travel industry today. Business is moving away from the big three travel websites, Travelocity, Orbitz, and Priceline, who have more preferential lucrative but self-enriching side deals with airlines than can be counted, towards pure aggregator sites that almost always offer cheaper fares, like Kayak.com, Sidestep.com, and Fairchase.com.

There is a move away from traditional 48-person escorted bus tours towards small group adventures, like those offered by Gap Adventures, Intrepid Tours, and Adventure Center, that take parties of 12 or less on culturally eye-opening public transportation.

There has also been a huge surge in programs offered by universities that turn travelers into students for a week to study the liberal arts at Oxford, Cambridge, and UC Berkeley. His favorite was the Great Books programs offered by St. John’s University in Santa Fe, New Mexico.

Frommer says that the Internet has given a huge boost to international travel but warns against user-generated content, 70% of which is bogus, posted by the hotels and restaurants touting themselves.

The 94-year-old Frommer turned an army posting in Berlin in 1952 into a travel empire that publishes 340 books a year, or one out of every four travel books on the market. I met him on a swing through the San Francisco Bay Area (his ticket from New York was only $150), and he graciously signed my tattered, dog-eared original 1968 copy of his opus, which I still have.

Which country has changed the most in his 60 years of travel writing? France, where the citizenry has become noticeably more civil since losing WWII. Bali is the only place where you can still actually travel for $5/day, although you can see Honduras for $10/day. Always looking for a deal, Arthur’s next trip is to Chile, the only country in the world he has never visited.

With the advent of AI, Arthur has been met with an onslaught of new competition. Recently, Amazon (AMZN) has been flooded with hundreds of new travel books written entirely by algorithms. They have no human author who’s ever visited the country in question and are written entirely from existing information found on the Internet. But they’re cheap.

You can easily spot them from their wishy-washy, non-committal language and factual errors and omissions. For example, I recently found a travel book about Ukraine that neglected to mention that there was a war going on there and that its cities were being bombed by Russians daily.

Not for me.

 

Arthur’s Next Big Play is Bali

 

1968 on the French Riviera

“The individual investor in America sits at the bottom of the food chain,” said John C. Bogle, the late founder of the Vanguard Group of index funds.

Global Market Comments
December 5, 2024
Fiat Lux

 

Featured Trade:

(LAUNCHING “TRADING OPTIONS FOR BEGINNERS”)

Not a day goes by without an email coming in asking if beginners can make use of my money making service.

I always reply; “Absolutely.”

When I first started the Diary of a Mad Hedge Fund Trader a 17 years ago, layoffs were rampant, General Motors was going bankrupt, and the financial crisis was imminent.

Many newly unemployed were facing joblessness for years, if not forever. So they started trolling the Internet for new jobs.

Then they stumbled across my website.

I quickly learned that I had to write for the unemployed GM assembly line worker to get these new subscribers the education they urgently needed.

It worked.

Now, hundreds of ordinary people earn a full time living entirely from focusing on the Mad Hedge Fund Trader Alerts.

And you know what?

It turns out that financial advisors, institutional money mangers, and the $25 billion hedge fund manger also likes to read research that a blue collar worker can understand and profit from.

To make this task easier, I have distilled 55 years of market and options trading experience into a simple three-hour video course entitled “Trading Options for Beginners.”

The course covers the basics of options trading, as well as insights that even the most grizzled veterans can appreciate.

It is filmed at my personal trading station in San Francisco, as well as on location around the world. Think of it as a basic options educational course that meets “Europe on $10,000 a day.”

Each chapter instructs you on the basic strategy behind each position. I then take you through my personal online trading account to show you exactly how to execute orders in your own accounts.

It will certainly be the most entertaining, if not the most scenic options course you have ever taken.

“Trading Options for Beginners” is only available in my online store for $48, and is one of the best bargains you will ever find. Please find the table of contents below:

Trading Options for Beginners

1) Table of Contents

2) Welcome to New Customers

3) What is An Option?

4) How to Execute a Trade Alert

5) How to Execute a Vertical Bull Call Spread

6) How to Execute a Vertical Bear Put Spread

7) The Mad Hedge Trading Philosophy

8) The Mad Hedge Trading Rules

9) Meet the Greeks

10) How to Find a Great Options Trade

11) Introduction to Risk Management

To buy “Trading Options for Beginners,” please click here.

 

Global Market Comments
December 4, 2024
Fiat Lux

 

Featured Trade:

(AMERICA’S DEMOGRAPHIC TIME BOMB)

You can never underestimate the importance of demographics in shaping long-term investment trends, so I thought I’d pass on these two highly instructive maps.

The first shows a map of the world drawn in terms of the population of children, while the second illustrates the globe in terms of its 100-year-olds.

Notice that China and India dominate the children’s map. Kids turn into consumers in 20 years, stay healthy for a long time, and power economic growth.

The US, Japan, and Europe shrink to a fraction of their actual size on the children’s map, so economic growth is in a long-term secular downtrend there.

There is more bad news for the developed world on the centenarian’s map, which shows these countries ballooning in size to grotesque, unnatural proportions.

This means higher social security and medical costs, plunging productivity, and falling GDP growth.

The bottom line is that you want to own equities and local currencies of emerging market countries and avoid developed countries like the plague.

This is why we saw tenfold returns from SOME emerging markets (EEM) over the past ten and why there is an irresistible force pushing their currencies upward (CYB) over the long term.

Use any major meltdowns this year to increase your exposure to emerging markets, as I will.

 

 

 

 

Would You Rather Own Them?

 

Or Them?

"The next leg of the bull market is going to have to be a fundamental leg, not a liquidity leg, and investors are in a little bit of a malaise trying to figure that out," said Anthony Scaramucci of Skybridge Capital.

 

Rockettes