Category : Featured

Will Bitcoin Cause the Next Recession?

The media is flooded with speculation about Bitcoin. My cleaning lady even wants to get into it. An English teacher friend of mine bought one at $400 on a recommendation from one of her students a few years ago, and she asking me what to do with it now that it has hit $17,500. Those […]

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The One Stock You Absolutely Have to Beg, Borrow, or Steal

Given the mind blowing information I picked up over the weekend about LAM Research (LRCX), you absolutely have to figure out how to beg, borrow, or steal your way into NVIDIA (NVDA). Fortunately for you, the recent pullback in the big tech sector is giving you the ideal opportunity to steal it. The leaders of […]

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Dinner With LAM Research

It was one of those normally mundane end of year seasonal events. But what I heard blew my mind and will substantially shape my trading and investment strategy for 2018. By now you already know that I used some of my stock market winnings this year to buy a vintage Steinway concert grand piano (click […]

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There Are No Gurus

If there was ever an argument that you should rely on independent newsletters for guidance about financial markets, such as The Diary of a Mad Hedge Fund Trader and not traditional brokerage houses, take a look at the chart below from JP Morgan. It shows that despite all of the reforms passed after the Great […]

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Front Running 2018

Investors have started to front run 2018 big time. If you want a handy crystal ball to look into how asset classes will perform in 2018, merely surmise what took place last week. Banks (BAC) took off like a rocket, industrials (X) outperformed FANG’s, bonds (TLT) got crushed, and the US dollar (UUP) went from […]

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A Note on Options Called Away

With the December 15 options expiration only five trading days away, we have the good fortune to have four profitable deep in-the-money options positions. Those include: The Bank of America (BAC) December, 2017 $25-$26.50 in-the-money vertical BULL CALL spread The iShares Barclays 20+ Year Treasury Bond Fund (TLT) December, 2017 $129-$131 in-the-money vertical BEAR PUT […]

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Why Warren Buffet Hates Gold

The Armageddon crowd must me slitting their wrists today watching gold go nowhere on the eve of yet another government shutdown. This is exactly the type of geopolitical black swan event that was supposed to send the “barbarous relic” soaring. No flight to safety here. These days, Bitcoin is catching all the action. The Armageddon […]

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Bank of America is Breaking Out All Over

The prospect of the signing of a new tax bill has been like waving a red flag in front of a bull for Bank of America (BAC) shares. What did the stock do? It rocketed by 11.32% in a week, along with the rest of the market, hitting $29.50. The shares appear to be taking […]

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Trading the New Tax Bill

The greatest remaking of the US economy in history looks like it is about to be signed into law. I have been running the numbers, and the impact on your portfolio is pretty clear-cut. I’ll summarize the high points and then go into detail on each measure. 1) It will create a higher high in […]

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The Chickens Come Home to Roost

Well what an interesting day that was! News that former National Security Advisor Michael Flynn had been arrested and turned state’s evidence against the president, his family, and his campaign, ignited the most volatile day of 2017. The Dow Average crashed 350 points in minutes as thousands of pre programmed algorithms simultaneously kicked on the […]

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