Mother Of All Buy Signals?

I had a good chuckle the other night. I friend of mine told me he’s short the stock market. His reason? He thinks the stock market is too high. When prodded further, there was no indicator, no system, or news item for his bearishness. Turns out that it was just a hunch. A gut feeling. more »

The Power of Writing a $10 Million Check

Interesting story… In the early 90’s, a young, broke Jim Carrey drove his beat up old Toyota up to Mulholland drive. While sitting there, looking at the city of LA below him, he dreamed of a better future. To help manifest his dream, he pulled out his checkbook and wrote himself a check for $10 more »

“Why did you bet that the market would go up”?

A friend of mine at poker asked which way I thought the market was headed. “Up,” I replied. “Why,” he asked (which is the next question 99% of the time). “No idea the reason. The news tends to happen after the fact.” To a lot of people outside our group, predicting future price trends using more »

How to Avoid a Catastrophe Before it Strikes

I looked at the stock and it was trading under a dollar. Just like that, the bottom fell out, and the stock went from $11.05 to 80 cents. The company had announced that they lost their contract with their main source of revenue – Apple – and were going belly up. The company was GTAT. more »

“CERN: New Discovery Enables Super-Computers to Peer 11.2 Seconds Into the Future”

In a breakthrough study, scientists at CERN have discovered a way to pay for rising costs at the Large Hadron collider… …only it’s NOT looking into the future 11.2 seconds. While that would be nice idea for a new HFT fund, that’s not even remotely possible. What is possible (and verified in this paper) is that more »

Are you a victim of “subtle portfolio churning”?

Ed Seykota is best known for returning 250,000% over a 16-year period. Like many, he started out using fundamental information – and quickly lost money on his first copper trade suggested by his broker, and his second “can’t lose” trade on silver. Shortly thereafter, he discovered Richard Donchian in the 70’s. Richard was unique at more »

Gone Fishing: How to Catch Whopper Trades

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Gone Fishing: How to Catch Whopper Trades Like many, I learned how to fish from my late grandpa. I could go a day with only a few bites, yet he always seemed to catch his limit of fish. He was an ‘Okie.’ He and the rest of the family left Oklahoma and settled in California more »

Flash Crash Fire Sale

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Flash Crash Fire Sale Remember the Flash Crash of 2010? The U.S. stock market lost a trillion dollars in 36 minutes. If you had raised some cash beforehand, you’d have been able to buy in at a tremendous fire sale. Speaking of fire sales, I’m running a special holiday deal. When you invest in one year of the Smart more »

Did this just signal the final days of the Trump rally?

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Did this just signal the final days of the Trump rally? Something extremely significant happened last Friday… …and not a single mainstream media teleprompter-reading reporter talked about it. There was significant action in the bond market that could throw a monkey wrench in the entire Trump rally. Looking at the charts won’t tell you a more »

Secret of the $6 Million Mansion

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Secret of the $6 Million Mansion It seemed like an eternity of twisting turns, blind corners, and flooded streets before we reached our destination… A three-story mansion overlooking Los Angeles. On the roof looking left, you can see the Hollywood sign. Scanning the horizon to the right, you can vaguely make out the Griffith Observatory, more »