“Apple is an electric utility now. People don’t want them changing the wall sockets. People will pay them not to change,” said Roger McNamee, cofounder of venture capitalist Elevation Partners.
Global Market Comments February 21, 2025 Fiat Lux Featured Trade: (THE DEATH OF THE FINANCIAL ADVISOR)
About one-third of my readers are professional financial advisors who earn their crust of bread telling clients how to invest their retirement assets for a fixed fee. They used to earn a share of the brokerage fees they generated. After stock commissions went to near zero, they started charging a flat 1.25% a year on […]
“The car business is hell,” said founder Elon Musk, when announcing he would sleep in the Fremont Tesla factory until Model S production reached 2,500 units a week.
Global Market Comments February 20, 2025 Fiat Lux Featured Trade: (HOW TO HEDGE YOUR CURRENCY RISK), (FXA), (UUP), (TESTIMONIAL)
Let’s say you absolutely love a stock but despise the currency of the country it comes from. The United States comes to mind. The US Federal Reserve is about to commence with a policy of cutting interest rates that could last a year. That means the greenback is about to become the weakest currency in […]
Thanks for the advice, John. Actually, I just got started with investing as I’ve been living close to the edge raising kids all these years. I had $100K that I could float for a few months so I had it in the Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) until my old golf buddy/broker […]
Global Market Comments February 19, 2025 Fiat Lux Featured Trade: (HOW TO HANDLE THE FRIDAY, FEBRUARY 21 OPTIONS EXPIRATION), (AND MY PREDICTION IS….), (TESTIMONIAL)
Followers of the Mad Hedge Fund Trader alert service have the good fortune to own three in-the-money options positions that expires on Friday, February 21, and I just want to explain to the newbies how to best maximize their profits. This involves the: Current Capital at Risk Risk On (NVDA) 2/$90-$95 call spread […]
Take those predictions, forecasts, and prognostications with so many grains of salt. They have a notorious track record for being completely wrong, even when made by the leading experts in their fields. In preparing for my autumn lecture series, I came across the following nuggets and thought I’d share them with you. There are some […]
I don’t know what I would do without John Thomas’s information. It is informative and entertaining. In the past 2 years, I have almost doubled my portfolio, something I couldn’t have done on my own. As a military member, he has enabled me to ensure that I will not only be able to retire on […]
“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 February 18, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or THE TALE OF TWO MARKETS) (GS), (TSLA), (NVDA), (VST)
While trading one market is hard enough, two is almost more than one can bear. In fact, we have all been trading two markets since 2025 began. On the up days, it appears that the indexes are about to break out of a tediously narrow trading range. The market’s inability to go down is proof […]
“I looked all over the basement when I was at the White House, and there is no big lever you can throw to make things good again,” said Austin Goolsby, former chairman of the Council of Economic Advisors.
Global Market Comments February 14, 2025 Fiat Lux Featured Trade: (FEBRUARY 12 BIWEEKLY STRATEGY WEBINAR Q&A), (MCD), (FSLR), (META), (GOOG), (AMZN), (JNK), (HYG), (F), (GM), (NVDA), (PLTR), (INTC)
Below, please find subscribers’ Q&A for the February 12 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Incline Village, NV. Q: Can Nvidia (NVDA) go to $200 in the next three years? A: I would imagine probably, yes. They still have a fabulous business—enormous orders and record profits. But it’s not going to happen […]
“Bull markets go everywhere from 1-2 years to five years after the Fed begins tightening. We’ve got a long way to go before we have to worry about bonds competing against stocks,” said Professor Jeremy Siegel of the Wharton School of Business
Global Market Comments February 13, 2025 Fiat Lux Featured Trade: (REVISITING THE GREAT DEPRESSION), (EXPLORING MY NEW YORK ROOTS)
When I first arrived on Wall Street during the early 1980s, some of the old veterans who worked through the 1929 stock market crash were just retiring and passed their stories on to me before they left. One was my old friend, Sir John Templeton, founder of the Templeton funds, who often hosted me for […]