Global Market Comments
June 24, 2014
Fiat Lux
Featured Trade:
(LAST CHANCE TO ATTEND THE JUNE 26 ISTANBUL, TURKEY STRATEGY LUNCHEON),
(THE BEST FINANCIAL BOOK EVER),
(A DAY WITH TOM FRIEDMAN OF THE NEW YORK TIMES)
Global Market Comments
June 23, 2014
Fiat Lux
Featured Trade:
(JULY 24 ZERMATT, SWITZERLAND GLOBAL STRATEGY SEMINAR),
(THE NEW COLD WAR),
(WHY I LOVE/HATE THE OIL COMPANIES), (XOM), (USO),
(THE WORST TRADE IN HISTORY), (AAPL)
Exxon Mobil Corporation (XOM)
United States Oil (USO)
Apple Inc. (AAPL)
Come join me for afternoon tea for the Mad Hedge Fund Trader?s Global Strategy Seminar, which I will be conducting high in the Alps in Zermatt, Switzerland at 2:00 PM on Thursday, July 24, 2014.
A PowerPoint presentation will be followed by an open discussion on the crucial issues facing investors today. Coffee, tea, and schnapps will be made available, along with light snacks.
You are welcome to attend in your mountain climbing gear, but you will have to leave your boots at the door. Socks only are welcome, and if it?s cold, we will throw some extra wood on the fire. Last year, someone came down from the Matterhorn summit straight to the seminar, sunburned and tired, but elated. He even gave me a valued pebble from the summit.
I?ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, precious metals, and real estate. And to keep you in suspense, I?ll be throwing 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 $195.
I?ll be arriving early and leaving late in case anyone wants to have a one on one discussion, or just sit around and chew the fat about the financial markets.
The event will be held at a central Zermatt hotel with a great Matterhorn view, operated by one of the village?s oldest families and long time friends of mine. The hotel is just down the street from the town?s beautiful 17th century church.
The details will be emailed directly to you with your confirmation.
I look forward to meeting you, and thank you for supporting my research. To purchase tickets for the luncheons, please go to my online store.
Say you owned 10% of Apple (AAPL) and you sold it for $800 in 1976. What would that stake be worth today?
Try $22 billion. That is the harsh reality that Ron Wayne, 76, faces every morning when he wakes up, one of the three original founders of the consumer electronics giant. Ron first met Steve Jobs when he was a spritely 21-year-old marketing guy at Atari, the inventor of the hugely successful ?Pong? video arcade game.
Ron dumped his shares when he became convinced that Steve Jobs? reckless spending was going to drive the nascent start up into the ground and he wanted to protect his assets in a future bankruptcy. Co-founders Jobs and Steve Wozniak each kept their original 45% ownership. Today Job?s widow?s 0.5% ownership is worth $1.5 billion, while the Woz?s share remains undisclosed. Ron designed the company?s original logo and wrote the manual for the Apple 1 computer, which boasted all of 8,000 bytes of RAM (which is 0.008 megabytes to you non-techies).
Today, Ron is living off of a meager monthly Social Security check in remote Pahrump, Nevada, about as far out in the middle of nowhere as you can get, where he can occasionally be seen playing the penny slots.
Global Market Comments
June 20, 2014
Fiat Lux
Featured Trade:
(JULY 11 SARDINIA, ITALY STRATEGY LUNCHEON)
(THE CHINA VIEW FROM 30,000 FEET),
(FXI), (DBC), (DYY), (DBA), (PHO).
(TRIBUTE TO A GIANT OF JOURNALISM, ROY ESSOYAN)
(TESTIMONIAL)
iShares China Large-Cap (FXI)
PowerShares DB Commodity Index Tracking (DBC)
PowerShares DB Commodity Dble Long ETN (DYY)
PowerShares DB Agriculture (DBA)
PowerShares Water Resources (PHO)
Global Market Comments
June 19, 2014
Fiat Lux
Featured Trade:
(JULY 7 ROME, ITALY STRATEGY LUNCHEON)
(NOTICE TO MILITARY SUBSCRIBERS),
(CHINA?S COMING DEMOGRAPHIC NIGHTMARE)
Global Market Comments
June 18, 2014
Fiat Lux
Featured Trade:
(JUNE 26 ISTANBUL, TURKEY STRATEGY LUNCHEON)
(AMERICA?S NATIVE INDIAN ECONOMY)
Global Market Comments
June 17, 2014
Fiat Lux
Featured Trade:
(JUNE 18 GLOBAL STRATEGY WEBINAR),
(LAST CHANCE TO ATTEND THE JUNE 23 LONDON STRATEGY LUNCHEON)
(ARE JUNK BONDS PEAKING?),
?(JNK), (HYG),
(A TOUCHDOWN FOR USC), (INTC)
SPDR Barclays High Yield Bond (JNK)
iShares iBoxx $ High Yield Corporate Bd (HYG)
Intel Corporation (INTC)
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in London on Monday, June 23, 2014. A three course lunch will be followed by a PowerPoint presentation and an extended question and answer period.
I?ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. And to keep you in suspense, I?ll be throwing 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 $258.
I?ll be arriving an hour early and leaving late in case anyone wants to have a one on one discussion, or just sit around and chew the fat about the financial markets.
The lunch will be held at a private club on St. James Street, 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 the luncheons, please go to my online store.
Global Market Comments
June 16, 2014
Fiat Lux
Featured Trade:
(LAST CHANCE TO ATTEND THE JUNE 17 NEW YORK STRATEGY LUNCHEON),
(DIAMONDS ARE STILL AN INVESTOR?S BEST FRIEND),
(SO YOU THINK THEY?RE NOT WATCHING YOUR PC?)