August 31, 2009

Global Market Comments August 31, 2009 SPECIAL '˜CHEAP THINGS TO BUY' ISSUE Featured Trades: (CHK), (XTO), (SWN), (HK), (WHEAT), (WZ09)   1) Note to self. Don't do your midnight pee next to the bear box. They're called that for a reason. And I'm sorry that my shouting at the hungry, six foot tall black bear standing in front of me, no doubt more attracted by … [Read more...]

August 21, 2009

Global Market Comments August 21, 2009 Featured Trades: (NATURAL GAS), (UNG), (LITHIUM), (OPTT), (HANG SENG), ($HSI) 1) Many traders are staring at their screens with rapt attention to see if natural gas can hold the new seven year low of $3. If it does, you can expect an explosive rally back to $3.50. If it doesn't, the mother of all stop loss selling will ensue, as … [Read more...]

August 19, 2009

Global Market Comments August 19, 2009 SPECIAL DEMOGRAPHIC ISSUE Featured Trades: (VIETNAM), (VNM), (POPULATION PYRAMIDS) 1)Desperate homeowners counting on a 'V' shaped recovery in residential real estate prices better first take a close look at global demographic data, which tells us there will be no recovery at all. I have been using the US Census … [Read more...]

August 18, 2009

Global Market Comments August 18, 2009 Featured Trades: (SPX), (T), (SILVER) 1) Wow! One triple digit move down in the Dow, and all of a sudden, everyone is bearish.  Once invisible falling home prices, soaring deficits, bogus corporate earnings, catatonic consumers, a crashing Shanghai market, and a suicidal Baltic Dry Shipping Index  are now staring nervous stock … [Read more...]

August 17, 2009

Global Market Comments August 17, 2009 Featured Trades: (SUGAR), (CRUDE), (NATURAL GAS), (CHK) 1) I'm sorry I'm late with my letter today, but the lady in front of me in line at MacDonald's (MCD) with the four screaming kids maxed out all four of her credit cards buying some hamburgers and happy toys. Her new SUV with the chrome wheels baked outside in the summer heat. … [Read more...]

August 14, 2009

Global Market Comments August 14, 2009 Featured Trades: (GG), (GOLD), (BRAZIL), ($BVSP), (EWZ) 1) Charles Jeannes, CEO of Goldcorp (GG) (visit their website ) sees an all time high for the yellow metal of $1,050 by the end of the year. His Canadian company is the world's leading low cost, unhedged producer of the barbaric relic, with major assets in Guatemala, … [Read more...]

August 13, 2009

Global Market Comments August 13, 2009 Featured Trades: (SHANGHAI), ($SSEC), (BALTIC DRY INDEX), ($BDI), (XTO), (NATURAL GAS), ($NATGAS), (UNG), (SPX)   1) Traders are keeping a laser eye focus on two bellwether markets, which are starting to roll over like a cheap date.  The red hot Shanghai stock market has dropped 10% in the past few weeks, putting in an … [Read more...]

August 12, 2009

Global Market Comments August 12, 2009 Featured Trades: (GMGMQ), (TM) 1) GM says that its new Volt hybrid will get an unbelievable 230 miles per gallon for a 300 mile range when it is introduced at the end of 2010. Does this mean it only has a two gallon gas tank? The $40,000 car will use no gas at all for the first 40 miles a day, which covers two thirds of all … [Read more...]

August 11, 2009

Global Market Comments August 11, 2009 Featured Trades: (NATURAL GAS), (UNG), (BYD) 1) Welcome to the 'square root' shaped recovery. That is the likely shape of the recovery curve we can expect over the coming years. If you back out what I call the '2000's fluff' of excess car production, liar loans, using the home ATM for serial, annual refinancings, excess … [Read more...]

August 10, 2009

Global Market Comments August 10, 2009 Featured Trades: (SHANGHAI), ($SSEC), (UUP), (USO), (SPX), (TBT) 1) The Mad Hedge Fund Trader will be presenting a lecture to San Francisco's prestigious Commonwealth Club of California at 5:30 pm on Tuesday, August 11, 2009. It is entitled Does America Have a Future? I will give a brief history of the hedge fund industry, and … [Read more...]

August 7, 2009

Global Market Comments August 7, 2009 Featured Trades: (NATURAL GAS), (UNG), (WHEAT), (TBT), (GOLD), (SILVER) 1) Where have all the cheap things gone? Now is the time to exercise your discipline and not behave like a stray dog chasing a fire engine in a crummy neighborhood. Only shop for the bombed out stuff, what stock picking icon Benjamin Graham called 'cigar … [Read more...]

August 6, 2009

Global Market Comments August 6, 2009 Featured Trades: (UNG), (NATURAL GAS), (DVN), (CHK) Special Natural Gas Issue   1)I have been a growling, obnoxious, and highly unpopular bear on natural gas since I put out my sell recommendation on June 2 , just before the crash from $4.30 to $3.10. Since then it has been bouncing around like a ball bearing in a boxcar on the … [Read more...]

August 5, 2009

Global Market Comments August 5, 2009 Featured Trades: (SPX), (F) 1)Welcome to the new bubble. In four months we have gone from 35% below the 200 day moving average to 15% above. It turns out that 1,000 in the S&P 500 is 38.2% recovery of the fall from the 2007 peak, a great Fibonacci number. DeMark indicators are showing that buying power is getting exhausted. Daily … [Read more...]

August 4, 2009

Global Market Comments August 4, 2009Featured Trades: (EURO), ($CAD), ($AUS), ($NZD), (JNK), (PHB), (HYG), (EWY)   1) The chickens are finally coming home to roost for the dollar, which has gapped since Thursday from $1.40 down to $1.4450 against the euro, and done even worse again the Australian, Canadian, and New Zealand currencies. Crude traders tell me that … [Read more...]

August 3, 2009

Global Market Comments August 3, 2009Featured Trades: (NATURAL GAS), (TM) Special Announcement   1) The Mad Hedge Fund Trader will be presenting a lecture to San Francisco's prestigious Commonwealth Club of California at 5:30 pm on Tuesday, August 11, 2009. It is entitled Does America Have a Future? I will give a brief history of the hedge fund industry, and then … [Read more...]