Newsletters

Global Market Comments March 20, 2025 Fiat Lux   Featured Trade: (PLEASE USE MY FREE DATABASE SEARCH)

The original purpose of this letter was to build a database of ideas to draw on in the management of my hedge fund. When a certain trade comes into play, I merely type in the symbol, name, currency, or commodity into the search box, and the entire fundamental argument in favor of that position pops

When asked about the urban legend that the vaults at Fort Knox are empty, and that the Fed has no gold, former Federal Reserve Chairman Ben Bernanke responded, "I've been to the basement of the New York Fed. The gold is there. I've seen it."  

Global Market Comments March 19, 2025 Fiat Lux   Featured Trade: (PROFITING FROM AMERICA'S DEMOGRAPHIC COLLAPSE)

Demographics is destiny. If you ignore it as an investor, you will be constantly behind the curve wondering why your performance is so bad. Get ahead of it, and people will think you are a genius. I figured all this out when I was about 20. I realized then, back in 1972, that if I

"Everybody talks about the Volatility Index (VIX), but the new fear gauge is the 10-year Treasury bond," said Art Cashin of UBS Financial Services.

Global Market Comments March 18, 2025 Fiat Lux   Featured Trade: (HOW TO HANDLE THE FRIDAY, MARCH 21 OPTIONS EXPIRATION)

Followers of the Mad Hedge Fund Trader alert service have the good fortune to own four in-the-money options positions that expire on Friday, March 21, and I just want to explain to the newbies how to best maximize their profits. These involve the:   Risk On (NVDA) 3/$88-$90 call spread           

"A fool learns from experience. A wise man learns from the experience of others," said Otto von Bismarck, the first Chancellor of Modern Germany.

Global Market Comments March 17, 2025 Fiat Lux   Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or SELL FIRST AND ASK QUESTIONS LATER), (SPY), (TLT), (IBKR), (GM), (TSLA), (NVDA), (SH)

I have been learning a new language over the past few weeks (I already speak six). And like learning any new language, it has been a bumpy road. I remember a family dinner I had in Tuscany in 1968. The dessert was chocolate cake. I didn’t know how to say “cake” in Italian, so I

Global Market Comments March 14, 2025 Fiat Lux   Featured Trade: (REMEMBERING THE OLD DAYS AT MORGAN STANLEY), (MS), (GS), (GLD)

It’s a good thing that the #MeToo movement wasn’t around 40 years ago. For if it was, Morgan Stanley would have been publicly humiliated in the press daily. The firm was an “old boy” network on steroids. Employees with skirts definitely worked overtime in those prehistoric days. However, firms evolve over the vast expanse of

Global Market Comments March 13, 2025 Fiat Lux   Featured Trade: (The Mad Hedge March traders & Investors Summit is ON!)

Markets are in freefall. Leaders like Tesla and Nvidia have already suffered massive losses. Are we headed for a recession or a Great Depression? What should you do about it? Attend the Mad Hedge Traders & Investors Summit on March 11-13. Learn from 24 of the best professionals in the market with decades of experience and

Global Market Comments March 11, 2025 Fiat Lux   Featured Trade: (The Mad Hedge March traders & Investors Summit is ON!)

Global Market Comments March 11, 2025 Fiat Lux   Featured Trade: (PROSHARES SHORT S&P 500 ETF LEAPS), (SH), (SPY)

Trade Alert - (SH) – BUY LEAPS BUY the ProShares S&P 500 ETF LEAPS (SH) August 2025 $41-$42 in-the-money vertical Bull Call debit spread LEAPS at $0.60 or best If we get any kind of rally over the next few days, you need to add this position, which offers a 66.66% profit in five months.

Global Market Comments March 10, 2025 Fiat Lux   Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE ECONOMY IS GRINDING TO A HALT), (IBKR), (JPM), (GS), (SF), (TSLA), (GM), (TLT), (GLD)

There isn’t a CEO in the country who hasn’t halted capital investment in the face of today’s unprecedented uncertainty. You can’t invest in a business without a credible GDP forecast, and Q1 is certain to deliver a large negative number, the first half of a recession. There isn’t a consumer that isn’t cutting back on