Hardly a day goes by when a reader doesn’t ask me when the Australian real estate bubble is going to burst. They are right to be concerned. In the table below, Sydney is ranked as the second most expensive market in the world at 12.2 times the local median pre- tax household annual income. … Read more
It was only a matter of time. Mid-May 2017, the Dow Jones Industrials plunged 300 points in a day. People panicked. Investors leapt from trades. Stop losses were taken out. Fear gripped the markets, sending the Dow well under its 50-day moving average support line. All on rumors that President Donald Trump could be impeached … Read more
It is the world’s largest company. It is the planet’s most widely owned stock. Of the 200 million Americans who possess financial assets, probably all of them own Apple (AAPL), either directly through a trading account, or indirectly though an ETF (it comprises a massive 11.67% of the PowerShares QQQ), public or private pension fund. … Read more
If you are long stocks, you have to be worried by my Market Timing Indicator. For it is starting to move decisively into “SELL” territory. After being stuck for weeks around the neutral “50” level, my proprietary algorithm is finally telling us to “Sell in May and GoAway” (if algorithms could talk). How much damage … Read more
Trade Alert – (TLT)- TAKE PROFITS SELL the iShares 20+ Year Treasury Bond Fund (TLT) May, 2017 $116-$119 in-the-money vertical bull call spread at $2.96 or best Closing Trade – Not For New Subscribers 5-12-2017 expiration date: May 19, 2017 Portfolio weighting: 10% Number of Contracts = 38 contracts I am going to use the … Read more
Trade Alert – (TLT)- TAKE PROFITS SELL the iShares 20+ Year Treasury Bond ETF (TLT) May, 2017 $126-$129 in-the-money vertical BEAR PUT spread at $2.97 or best Closing Trade – NOT FOR NEW SUBSCRIBERS 5-11-2017 expiration date: May 19, 2017 Portfolio weighting: 10% Number of Contracts = 38 contracts I am going to take the … Read more
You’ve seen the headlines. California’s water crisis is dangerous, just like Flint’s. U.S. faces ‘nationwide drinking water crisis.” The global fight for water is getting ugly. That was just the tip of the iceberg in May 2017. At the time, reports surfaced that more than 77 million Americans were just exposed to unsafe drinking water, … Read more
Trade Alert – (SPY)- TAKE PROFITS SELL the SPDR S&P 500 (SPY) May, 2017 $242-$245 in-the-money vertical bear put spread at $2.94 or best Closing Trade-NOT FOR NEW SUBSCRIBERS 5-9-2017 Expiration Date: May 19, 2017 Portfolio Weighting: 10% Number of Contracts = 38 contracts Now that we have made a marginal new high in the … Read more
You would think that a market showered with fantastic news would go up. That has certainly been the case in recent weeks. Corporations reported the best quarterly earnings in three years. Business sentiment is ebullient. Apple (AAPL), Amazon (AMZN), and Facebook (FB), the market’s biggest firms, announced record profits and saw their share prices soar … Read more
I’ll let you in on my top secret investment strategy that has brought me blockbuster results over the past seven years. Listen to Wharton Business School’s professor Jeremy Siegel. The good doctor has been unremittingly bullish year in and year out, nearly pegging the stock index performance annually. So, when he says that the Dow … Read more