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 [...]

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 [...]

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 [...]

(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, [...]

(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 [...]

(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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Featured Trades: (ETHANOL) 3) The Great Ethanol Boondoggle. One of my biggest disappointments with Obama so far is his continued support of the ethanol boondoggle. The program was ramped up by the Bush administration to achieve energy independence by subsidizing the production of alcohol from domestically grown corn. Add clean burning moonshine (yes, it's the [...]