September 30, 2010 – The Long View on Emerging Markets

Featured Trades: (EMERGING MARKETS), (EEM), (EWZ), (RSX), (PIN), (FXI) Brazil iShares ETF Market Vectors Russia ETF PowerShares India Portfolio ETF iShares FTSE/Xinhua China 25 Index ETF 1) The Long View on Emerging Markets. I managed to catch a few comments on TV yesterday in the distinct northern accent of Jim O'Neil, the fabled analyst who invented the … [Read more...]

September 30, 2010 – Pushing on a String Up Close and Ugly

Featured Trades: (RESIDENTIAL REAL ESTATE) 2) Pushing on a String Up Close and Ugly. With many economists arguing that Quantitative Easing II amounts to nothing more than pushing on a string, I'll show you what it looks like up close and ugly. The online real estate firm, Zillow.com, has analyzed the results of tens of thousands of recent mortgage applications, … [Read more...]

September 30, 2010 – Have You Seen Molycorp Lately?

Featured Trades: (RARE EARTHS), (MCP), (AVARF), (LYSCF) 3) Have You Seen Molycorp Lately? I have only recommended one stock IPO this year, and that is for the resurrecting rare earths producer, Molycorp (MCP).  Since the July launch, it has rocketed 114% from $14 to $30, and then pulled back 15% today (click here for 'It's Off to the Races at Molycorp'). What set … [Read more...]

September 30, 2010 – The “Friday-Monday Effect” Exposed

Featured Trades: (THE FRIDAY-MONDAY EFFECT) 4) The 'Friday-Monday Effect' Exposed. Dennis Gartman of the ever interesting The Gartman Letter published an interesting analysis on the 'Monday-Friday' effect. If you bought every Friday close this year and sold the Monday close, your return so far would be 14.20%, versus a 0.42% return on the S&P 500. … [Read more...]

September 29, 2010 – I Told You to Buy Mongolia!

(SPECIAL MONGOLIAN ISSUE) Featured Trades: (MONGOLIA), (IVN), (RTP)   1) I Told You to Buy Mongolia! The global resource frenzy has grown so heated that money has begun pouring into the marginal fringes of the universe. The Mongolian stock market has been one of the world's best performers this year, spiking some 100%. I have been pounding the table on … [Read more...]

September 29, 2010 – The Leveraged Upside Play in Silver

(SPECIAL MONGOLIAN ISSUE) Featured Trades: (SILVER), (SLW), (SLV) iShares Silver Trust 2) The Leveraged Upside Play in Silver. Silver really seems to have the bit between its teeth, not pausing at all after blasting through $21/ounce to a new 30 year high. If you think the move will continue, you better take a look at Silver Wheaton (SLW), a stock I have been … [Read more...]

September 29, 2010 – Are the Rumors About Harvest Natural Resources True?

(SPECIAL MONGOLIAN ISSUE) Featured Trades: (OIL), (HNR) 3) Are the Rumors About Harvest Natural Resources True? I have staff around the world constantly monitoring Internet chat rooms in a search of early movers. If they find something interesting, I make a few calls to see how real it is. After all, the Internet is 99% garbage, and 1% inspiration. That's how I found … [Read more...]

September 29, 2010 – Wal-Mart Is on Safari for Customers in South Africa

(SPECIAL MONGOLIAN ISSUE) Featured Trades: (SOUTH AFRICA), (EZA), (WMT) South Africa iShares ETF 4) Wal-Mart Is on Safari for Customers in South Africa. It looks like the next 'blue light special' will be offered in South Africa (EWA). Apparently, the retail giant, Wal-Mart (WMT),  got the memo that the country is a great place to invest (click here for 'On Safari … [Read more...]

September 28, 2010 – An Evening With the Chinese Intelligence Service

(SPECIAL CHINA ISSUE) Featured Trades: (FXI), (BIDU), (BYDDF), (CHA), (CHL) iShares FTSE Xinhua China 25 Index ETF Wisom Tree Dreyfus China Yuan Fund ETF   1) An Evening With the Chinese Intelligence Service. I normally avoid the diplomatic circuit, as the few non committal comments and soggy appetizers I get aren't worth the investment of time. But I jumped … [Read more...]

September 27, 2010 – Bring on the Bernanke Put!

Featured Trades: (QUANTITATIVE EASING)   1) Bring on the Bernanke Put! It is now clear that the Fed's unprecedented message last week implying that public enemy number was deflation, not inflation, has given a green light to global risk accumulation of every description. Any further slowdown in the economy will now be met with aggressive quantitative easing. … [Read more...]

September 27, 2010 – What’s Next for Gold?

Featured Trades: (GOLD), (GG), (GLD) SPDR Gold Trust Shares 2) What's Next for Gold? Now that gold has hit my target for the year of $1,300, it is time to pause and reassess. A nice reversal may take place after the November election, especially if the Republicans take the house. While their promises to reduce the deficit are gold negative, the fact is that their … [Read more...]

September 27, 2010 – Why You Should Buy Brazil’s Petrobras

Featured Trades: (EWZ), (PBR), (OIL) Brazil iShares ETF 3) Why You Should Buy Brazil's Petrobras. I often get asked why I haven't been more positive about Brazil (EWZ). The answer is twofold; an upcoming election was about to bring a regime change in the high growth country, and there was a huge supply overhang from the upcoming secondary equity offering from … [Read more...]

September 24, 2010 – Peak Gold Is Upon Us

Featured Trades: (GLD), (SLV), (PPLT), (CU) SPDR Gold Shares Trust ETF iShares Silver Trust ETF ETFS Physical Platinum Trust ETF First Trust Global ISE Copper Trust ETF 1) Peak Gold Is Upon Us. If you had any doubt about what the driver has been for gold's meteoric rise to $1,300, take a look at the chart below showing the spike right at the Fed's … [Read more...]

September 24, 2010 – Palladium Explodes to the Upside

Featured Trades: (PALLADIUM), (PALL) ETFS Physical Palladium Trust ETF 2) Palladium Explodes to the Upside. If you are thrilled about the recent performance of gold, you have to be absolutely ecstatic about the ballistic rise of palladium, which has soared by 33% in the past two months. Double dippers beware! Moves like this by industrial commodities do not occur in … [Read more...]

September 24, 2010 – My Big Miss in Cotton

Featured Trades: (COTTON), (BAL) iPath Dow Jones-AIG Cotton Total Return Subindex ETN 3) My Big Miss in Cotton. Those lowriders you have been buying your girlfriend every Christmas are about to get a lot more expensive.  Since the Great Ag Boom of 2010 started in May, the white staple has rocketed 38% to over $1/pound, a 15 year high, and only the second time since … [Read more...]

September 23, 2010 – Bring on the Conspiracy Theories!

Featured Trades: (QUANTITATIVE EASING II), (BEN BERNANKE), (TBT) SPDR Gold Trust Shares ETF iShares Silver Trust ETF Market Vectors Coal ETF   1) Bring on the Conspiracy Theories! There is a wonderful conspiracy theory propagated by Tea Partiers that has been making the rounds in the financial markets for the past several months. In a desperate attempt to … [Read more...]

September 23, 2010 – The Markets Develop a Caffeine Habit

Featured Trades: (COFFEE), (JO), (COCOA), (SBUX) 2) The Markets Develop a Caffeine Habit. Since my last piece on coffee two months ago (click here), the ETF for aromatic commodity (JO) has tacked on 23%, and 42% since I put out my watershed call (click here for 'Going Back Into the Ags'). But this may just be the down payment. Weather in primary producer, Latin … [Read more...]

September 23, 2010 – Upgrading Copper

Featured Trades: (COPPER), (FCX), (GLD), (KOL), (BHP), (ECH)   3) Upgrading Copper. They say that imitation is the sincerest form of flattery, so I felt like puffing out my chest yesterday when Goldman Sachs (GS) announced an upgrade of Freeport McMoran (FCX), posting a six month target of $96/share. (FCX) is one of the world's largest copper producers, and has … [Read more...]

September 23, 2010 – Emerging Market Currencies Are on Fire

Featured Trades: (EMERGING MARKET CURRECIES), (FXC), (FXA) Currency Shares Canadian Dollar Trust ETF Currency Shares Australian Dollar Trust ETF 4) Emerging Market Currencies Are on Fire. If you think that emerging stock markets have been hot this year, take a look at their currencies, which are all blasting through to new all time highs. The Malaysian ringgit is up … [Read more...]

September 22, 2010 – My Q3 Performance

Featured Trades: (MY Q3 PERFORMANCE), (CORN), (DBB), (SSG), (GLD), (SLV), (PPLT), (PALL), (ECH), (TF), (IDX), (TUR), (EPOL), (EWY), (EWS), (FXJ), (TBT)   1) My Q3 Performance. Today is the autumnal equinox, the day when the sun crosses the equator and heads southward to the Tropic of Capricorn at the 20th parallel. The moon is full, and night becomes longer … [Read more...]

September 22, 2010 – Industries You Will Never Hear From Me About

Featured Trades: (SECTORS TO AVOID) 2) Industries You Will Never Hear From Me About. The focus of this letter is to show people how to make money through investing in fast growing, highly profitable companies which have stiff, long term macroeconomic winds at their backs. That means I ignore a large part of the US economy whose time has passed and are headed for the … [Read more...]

September 22, 2010 – Solar Energy is Poised to Achieve Cost Parity

Featured Trades: (SOLAR ENERGY), (FSLR), (STP), (YGE) 3) Solar Energy is Poised to Achieve Cost Parity. After two years of relentless cost cutting (click here for 'Darwinian Downsizing in the Solar Industry'), the solar industry is about to reach the Holy Grail of parity with the cost of conventional power sources at around 10 cents per kilowatt hour, paving … [Read more...]

September 21, 2010 – Is Coal the New Black Gold?

Featured Trades: (COAL), (BTU), (MEE), (JOYG), (BNR) 1) Is Coal the New Black Gold? After the halting and starting three week rally we have seen in stocks, I would be negligent to recommend equity plays here. But there is one sector you should add to your 'buy on meltdowns' list and that is King Coal. Demand from emerging markets, especially metallurgical … [Read more...]

September 21, 2010 – Are Junk Bond Investors Paying Rolls Royce Prices for Jalopy Securities?

Featured Trades: (JUNK BONDS), (JNK), (HYG), (PHB) SPDR Lehman High Yield Bond Fund ETF iShares iBoxx High Yield Corporate Bond Fund ETF PowerShares High Yield Bond Fund Portfolio ETF 2) Are Junk Bond Investors Paying Rolls Royce Prices for Jalopy Securities? One of my more prescient calls of the past two years has been to move readers into the junk bond arena … [Read more...]

September 21, 2010 – Murray Sayle: The Passing of a Giant in Journalism

Featured Trades: (MURRAY SAYLE OBITUARY)   4) Murray Sayle: The Passing of a Giant in Journalism. I was saddened to hear of the death of my close friend, the Australian, Murray Sayle, after a long battle with Parkinson's disease at the age of 84. Murray was one of the giants of journalism in the second half of the 20th century. He started by editing the … [Read more...]

September 20, 2010 – Wheat Melt Up Warning!

SPECIAL $5/BUSHEL CORN ISSUE Featured Trades: (WHEAT), (CORN), (GOLD), (SILVER) Teucrium Commodity Trust Corn Fund ETF SPDR Gold Trust ETF iShares Silver Trust ETF ETFS Physical Platinum Trust ETF ETFS Physical Palladium Trust ETF 1) Wheat Melt Up Warning! Last week, I warned of a short squeeze in corn due to worsening conditions across the entire … [Read more...]

September 20, 2010 – Silver Blasts Through $21

SPECIAL $5/BUSHEL CORN ISSUE Featured Trades: (GOLD), (SILVER) 2) Silver Blasts Through $21! Gold hit a new high too at $1,284, and the yellow metal seems hell bent on taking out $1,300 before it takes a rest. The street was bubbling today with rumors of some leveraged gold traders getting margin calls on their shorts. A major incentive last week was Japan's … [Read more...]

September 17, 2010 – Another Sign of a Bond Market Top

Featured Trades: (MSFT) 1) Another Sign of a Bond Market Top. As much as I like it, I am not accustomed to getting such instant gratification when I pick up a stock tip. But that is precisely what happened when Bill Fleckenstein told me he liked Microsoft (MSFT) at $23 last week (click here for my radio interview with Fleck). Since then the stock has popped … [Read more...]

September 17, 2010 – More Reasons to Buy Gold

Featured Trades: (GOLD), (ABX), (AU), (GLD) SPDR Gold Trust Shares ETF 2) More Reasons to Buy Gold. As a four decade observer of the global financial markets, I often see a situation where the higher a price goes, the more reasons for it to rise come out of the woodwork. That is happening with gold now. Yesterday, I learned that Anglo Gold Ashanti is spending … [Read more...]

September 16, 2010 – The Gold Bulls Are Vindicated

SPECIAL GOLD ALL TIME HIGH ISSUE Featured Trades: (GOLD), (UGL), (RGLD), (AEM), (GBG) SPDR Gold Shares Trust ETF ProShares Ultra Gold ETF 1) The Gold Bulls Are Vindicated. For the faithful who have crossed the desert and suffered the slings and arrows of critics and the ridicule of non believers, gold's move today to an all time high of $1,276 delivers the … [Read more...]

September 16, 2010 – Make or Break Time for Silver

SPECIAL GOLD ALL TIME HIGH ISSUE Featured Trades:  (SILVER), (SLV), (GLD) iShares Silver Trust ETF SPDR Gold Shares Trust ETF 2) Make or Break Time for Silver.  Those who took my advice to load up on silver a month ago (click here for 'Why the Really Big Play is in Silver'), are laughing all the way to the bank. The white metal outperformed gold better than … [Read more...]

September 16, 2010 – Japan Draws its Line in the Sand for the Yen

SPECIAL GOLD ALL TIME HIGH ISSUE Featured Trades: (YEN), (FXY), (YCS) ProShares Ultra Short Yen ETF 3) Japan Draws its Line in the Sand for the Yen. The Bank of Japan ambushed the foreign exchange market, gaping the yen three hands from the high ¥82's to the ¥85's by dumping hundreds of millions of dollar in a matter of minutes. It is the first time the central … [Read more...]

September 15, 2010 – Come to the San Francisco Strategy Luncheon!

Featured Trades: (SAN FRANCISCO STRATEGY LUNCHEON)   1) Come to the San Francisco Strategy Luncheon! Come join me for lunch at the Mad Hedge Fund Trader's semiannual Global Strategy Update, which I will be conducting in San Francisco at 12:00 noon on October 22, 2010. A three-course lunch will be followed by a 30-minute PowerPoint presentation and a 45-minute … [Read more...]

September 15, 2010 – Visit the Kitco Metals eConference

Featured Trades: (KITCO METALS ECONFERENCE)   2) Visit the Kitco Metals eConference.  If you have a spare hour someday soon, and possess an insatiable interest in precious metals of every description, as you should, then you must visit Kitco Metals eConference conference at http://econf.kitco.com/ . Kitco is an online trading and investment site specializing … [Read more...]

September 15, 2010 – Reflections on Morgan Stanley’s 75th Anniversary

Featured Trades: (MORGAN STANLEY 75th ANNIVERSARY) 3) Reflections on Morgan Stanley's 75th Anniversary. The three elder statesmen I saw on TV ringing the opening bell at the NYSE yesterday couldn't have been more representative of the evolution of Morgan Stanley (MS) over the past three quarters of a century. When I joined just after the 35th anniversary, … [Read more...]

September 14, 2010 – The Big Win in Emerging Markets

Featured Trades: (EMERGING MARKETS), (ECH), (IDX), (TF), (EZW), (GXG), (EIRL) iShares MSCI Chile Index Fund ETF Market Vectors Indonesia Index ETF Thai Capital Fund Inc. Global X/Interbolsa FTSE Columbia 20 ETF iShares MSCI Ireland Capped Investable Market Index ETF PowerShares Water Resources Portfolio ETF 1) The Big Win in Emerging Markets. Take a look at the … [Read more...]

September 14, 2010 – Years of Pain to Come in Residential Real Estate

Featured Trades: (RESIDENTIAL REAL ESTATE), (BRK/A) 2) Years of Pain to Come in Residential Real Estate. Regular readers of this letter are familiar with my antipathy towards real estate of every flavor, with the exceptions of multi unit dwellings (apartment buildings) and farmland (click here for 'The Hard Truth About Residential Real Estate'  and click here for … [Read more...]

September 14, 2010 – My Sugar Buy Explodes to the Upside

Featured Trades: (SUGAR), (SGG), (PHO) iPath Dow Jones-UBS Sugar Subindex Total Return ETN 3) My Sugar Buy Explodes to the Upside. I just got a bill from my dentist, accrued since the sudden onset of my sweet tooth on August 2, and it was an absolute whopper! The good news is that the 31% move in the price of sugar since then, and 68% since most ags caught on fire … [Read more...]

September 14, 2010 – Who Says Hedge Funds Aren’t Adding Value?

Featured Trades: (HEDGE FUND PERFORMANCE) 4) Who Says Hedge Funds Aren't Adding Value? According to my old friend, Rick Sopher, chairman of LCH Investments in London, the top ten hedge funds have earned $153 billion for their investors since inception. John Paulson's fund alone, which made an absolute killing by shorting subprime mortgage debt instruments … [Read more...]

September 13, 2010 – The Mad Hedge Fund Trader Interviews Bill Fleckenstein on Hedge Fund Radio

Featured Trades: (GLD), (NEM), (AEM), (GG), (SLV), (CU), (MSFT), (VZ), (AAPL), (FXC), (CYB) SPDR Gold Trust Shares ETF iShares Silver Shares Trust ETF Currency Shares Canadian Dollar Trust ETF Wisdom Tree Dreyfus Chinese Yuan Fund ETF First Trust ISE Global Copper ETF   1) Bill Fleckenstein, Legendary Hedge Fund Manager, on Hedge Fund Radio. My guest on … [Read more...]

September 13, 2010 – Peak Rare Earths is Upon Us

Featured Trades: (RARE EARTHS), (AVARF), (LYSCF), (GWMGF), (MCP)   2) Peak Rare Earths is Upon Us. When I first recommended the rare earths miners four months ago, I thought of them as stocks that you put on the  back book and forget about, hoping that they would appreciate someday (click here for 'Rare Earths are About to Become a Lot More Rare', and click … [Read more...]

September 10, 2010 – The Fat Lady Sings Another Bar

Featured Trades: (TREASURY BONDS), (TBT), (TMV) ProShares Ultra Short Lehman 20+ Year Treasury ETF Direxion Daily 30 Year Treasury Bear 3X Shares ETF 1) The Fat Lady Sings Another Bar. The Treasury bond market is certainly doing its best to roll over like the Bismark, the 30 year closing on the lows, 5 ½ points off its highs two weeks ago, boosting the yield back … [Read more...]

September 10, 2010 – The Fat Lady is Also Singing in Japanese

Featured Trades: (JGB), (YCS) 2) The Fat Lady is Also Singing in Japanese. A political slugfest in Japan could also be signaling the end of the great bull market in the JGB market, which I have been pissing on from the greatest possible height (click here for 'Why the JGB Market May be Ready to Collapse'). Political kingpin, Ichiro Ozawa, is challenging prime … [Read more...]

September 10, 2010 – Buy Russia When Oil is Cheap

Featured Trades: (RUSSIA), (RSX), (OGZPF.PK), (SBRPF.PK) Market Vectors Russia ETF 3) Buy Russia When Oil is Cheap. If you wonder why I recommend a shower after investing in Russia, Bill Browder will give you the reasons at length on his YouTube video (click here for the link). Bill is the founder and CEO of Hermitage Capital Management, one of the firms that … [Read more...]

September 9, 2010 – Here’s the Winner of the November Election

(SPECIAL ELECTION ISSUE) Featured Trades: (CVX), (XOM), (COP), (BP), (RIG), (DO), (BTU), (JOYG), (SHAW), (CCJ), (DVN), (CHK), (FSLR), (NOC), (GD), (ZMH), (UNH), (HUM), (PFE), (DV), (STRA), (COCO), (TBT), (TMV) 1) Here's the Winner of the November Election. What has been one of the best performing trades in the world since Obama took office in January, 2008? You … [Read more...]

September 9, 2010 – My Call on the Election

(SPECIAL ELECTION ISSUE) Featured Trades: (CVX), (XOM), (COP), (BP), (RIG), (DO), (BTU), (JOYG), (SHAW), (CCJ), (DVN), (CHK), (FSLR), (NOC), (GD), (ZMH), (UNH), (HUM), (PFE), (DV), (STRA), (COCO), (TBT), (TMV) 2) My Call on the Election. Like Sherlock Holmes, I like to consider every alternative, and eliminate the obvious. I think that if the Republicans take the … [Read more...]

September 9, 2010 – The Republican Portfolio

(SPECIAL ELECTION ISSUE) Featured Trades: (CVX), (XOM), (COP), (BP), (RIG), (DO), (BTU), (JOYG), (SHAW), (CCJ), (DVN), (CHK), (FSLR), (NOC), (GD), (ZMH), (UNH), (HUM), (PFE), (DV), (STRA), (COCO), (TBT), (TMV) 3) The Republican Portfolio. Let's say I'm all wrong, and the Republicans take everything in November, what will it mean for your portfolio?  This is an … [Read more...]

September 8, 2010 – Summer is Over

1) Summer is Over. There is no better feeling than sitting by the campfire at night, listening to the coyotes howl, watching the stars twinkle, and feeding my broker research into the flames one page at a time. The research from Goldman Sachs (GS) seemed to burn especially well. Perhaps it is the esteemed firm's close association with Satan so alleged in Congress that makes … [Read more...]

September 8, 2010 – Everything is Working

Featured Trades: (GOLD), (GLD), (SILVER), (SLV), (PPLT), (PALL), (TBT), (SPX), (CORN), (FXA) SPDR Gold Trust Shares ETF iShares Silver Trust ETF ETFS Physical Palladaium Shares ETF ETFS Physical Platimum Shares ETF Currency Shares Australian Dollar Trust ETF Teucrium Commodity Trust Corn ETF 2) Everything is Working. So far, the markets are welcoming me back from … [Read more...]

September 8, 2010 – The Bad News in the August Non Farm Payroll

Featured Trades:  (AUGUST NONFARM PAYROLL) 3) The Bad News In the August Non Farm Payroll. One of my favorite math professors always used to tell me that statistics were like bikini bathing suits. What they reveal is fascinating, but what they conceal is essential. If there were ever a chart that showed how the pulse of the economy was flat lining, this is it. The … [Read more...]

September 8, 2010 – Thanks for the Testimonials

4) Thanks for the Testimonials. My request for testimonials about the merits of The Diary of a Mad Hedge Fund Trader overwhelmed me with more than 100 responses. Flattering and humbling at the same time, it is a vindication of all the blood, sweat, and tears that I pour into this letter each day. I will be running some of the best at the bottom of the letter every few days. … [Read more...]

September 7, 2010 – Think Again Before Buying That Vacation Home

Featured Trades: (VACATION REAL ESTATE) 1) Think Again Before Buying That Vacation Home. If you're entertaining buying a vacation home any time soon, I'd think again. In my annual review of the residential real estate market in the High Sierra mountain hamlet of Incline Village, Nevada, and I am sad to report that antidepressant addiction among realtors there is … [Read more...]

September 7, 2010 – Soveriegn Debt Was a Great Place to Hide

Featured Trades: (SOVEREIGN DEBT), (PCY), (LQD) 2) Sovereign Debt Was a Great Place to Hide.  I am constantly asked where to find safe places to park cash by investors understandably unhappy with the risk/reward currently offered by the markets. Any reach for yield now carries substantial principal risk, the kind we saw, oh say, in the summer of 2007. I have had great … [Read more...]

September 6, 2010 – Is the UNG Going Under?

Featured Trades: (NATURAL GAS), (UNG), (CHK), (DVN), (XTO)   1) Is the UNG Going Under? The poster boy for everything that can go wrong with an ETF is undoubtedly the United States Natural Gas Fund (UNG). If you had studiously done all of your homework a year ago, and concluded that natural gas was severely oversold and about to go up 40%, you would have been … [Read more...]

September 6, 2010 – Dinner With Joseph Stiglitz

Featured Trades: (JOSEPH STIGLITZ) 2) Dinner With Joseph Stiglitz . The great thing about interviewing Joseph Stiglitz over dinner is that you don't have to ask any questions. You just turn him on and he spits out one zinger after another. And he does this in a kibitzing, wizened, grandfatherly manner like one would expect from a character that just walked off the set … [Read more...]

September 3, 2010 – Have Treasury Bonds Had it?

Featured Trades: (TREASURY BONDS), (TBT), (TMV)   1) Have Treasury Bonds Had It? You are probably tired of my yammering on about how close we are to a multigenerational peak in Treasury bond prices by now. If you missed my last three pieces on the topic, click here for 'The Great Bond Market Crash of 2010', click here for 'Don't Buy That Treasury Bond", and click … [Read more...]

September 3, 2010 – China’s Long and Winding Road

Featured Trades: (CHINESE SOLAR INDUSTRY), (STP), (YGE), (FSLR) 2) China's Long and Winding Road. I spent the evening speaking to Gao Jie, a Beijing civil judge who left the bench to join China's growing environmental movement when her kids came home from school one day coughing and wheezing. You only have to inhale in the capitol city these days to understand … [Read more...]

September 3, 2010 – Darwinian Downsizing in the Solar Industry

Featured Trades: (CHINESE SOLAR INDUSTRY), (STP), (YGE), (FSLR) 3) Darwinian Downsizing in the Solar Industry. The solar industry is suffering some 19th century Darwinian style competition, with Chinese manufacturers Suntech (STP) and Yingli Green Energy Holding (YGE) clearly dumping panels in the US and Europe below cost to gain market share. You may laugh, but I … [Read more...]

September 2, 2010 – The Mad Hedge Fund Trader Interviews Lee O’Dwyer of 5T Wealth Management on Hedge Fund Radio

Featured Trades: (DBA), (CORN), (PHO), (GLD), (SLV), (FXC), (FXA), (IDX), (TUR), (ECH), (EPOL), (TBT), (YCS) 1) Lee O'Dwyer of 5T Wealth Management.  My guest on Hedge Fund Radio this week is Lee O'Dwyer, a portfolio manager at 5T Wealth Management in the sunny climes of Napa, California. Lee is at the vanguard of a new wave of financial advisors sweeping the nation that … [Read more...]

September 2, 2010 – Some Feedback on South Africa

Featured Trades: (AFRICA), (EZW), (AFK), (GAF) 2) Some Feedback on South Africa. The great thing about the Internet is that sometimes it gives you back more than you put into it. In response to my piece on South Africa (EZW) a few days ago and my other work on Africa generally (AFK), (GAF) (click here for 'Feel Like Investing in a State Sponsor of Terrorism' ), a … [Read more...]

September 2, 2010 – Is Copper the New Red Gold?

Featured Trades: (COPPER), (ECH), (DBB), (FCX), (JJC) iPath Dow Jones-UBS Copper Sub Index Total Return ETN PowerShares DB Multi Sector Commodity Trust Metals iShares MSCI Chile Index ETF 3) Is Copper the New Red Gold? Federal detention centers in the San Francisco Bay area are slowly filling up with a new type of criminals. Illegal immigrants and petty drug dealers … [Read more...]

September 1, 2010 – China’s Central Bank Governor Defects to the US

Featured Trades: (ZHOU XIAOCHUAN), (FXI), ($SSEC), (TUR), (EPOL), (EWY) iShares FTSE/Xhinhua China 25 ETF iShares MSCI Turkey Investable Market Index ETF iShares MSCI Poland Investable Market Index ETF South Korea iShares ETF 1) China's Central Bank Governor Defects to the US. The fiber optic cable that makes up the Chinese Internet is absolutely burning … [Read more...]

September 1, 2010 – Time to Add some Corn to Your Diet

Featured Trades: (CORN), (WHEAT), (SOYBEANS) Teucrium Commodity Trust Corn ETF   2) Time to Add some Corn to Your Diet.  I have been waiting for a substantial dip in the grains to add to a position in corn, and it is clear from the chart below that we are just not getting it. While the US crop seems to be in good condition, with 70% rated 'good/excellent', … [Read more...]

September 1, 2010 – My Equity Scenario for the Rest of 2010

Featured Trades: (SPX) S&P 500 Large Cap Index ETF 3) My Equity Scenario for the Rest of 2010. Not a day goes by when I don't fall down on my knees and thank the heavens that I avoided equities for much of this year (click here for 'I'd Rather Get a Poke in the Eye With a Sharp Stick Than Buy Equities' in January). Trading in American stocks this week is a sloppy, … [Read more...]

September 1, 2010 – Another Admiring E-Mail

  4) Another Admiring E-Mail. I get about 500 emails a day, but occasionally, I get one so choice that I have to pass it on to you. To the thousands of students, job seekers, and soon to be cashiered veterans who read this letter every day online, take heart! 'Dear Mad Hedge Fund Trader,' 'I'd like to purchase a subscription.  I have learnt a lot from your … [Read more...]