April 27, 2011 – Residential Housing Goes From Bad to Worse

Featured Trades: (FROM BAD TO WORSE FOR RESIDENTIAL HOUSING)   2) Residential Housing Goes From Bad to Worse. That home you are sitting in while reading this letter just got cheaper. The February Case-Shiller home price index came out yesterday, showing us that the double dip in residential real estate is well under way. Overall, the widely followed indicator … [Read more...]

April 27, 2011 – The Worst Trade of All Time

Featured Trades: (THE WORST TRADE OF ALL TIME)   3) The Worst Trade of All Time. One of the great asset management blunders of all time has to be the EC's decision to sell its gold reserves in the wake of the launch of the Euro in 1998. The decision led to the fairly rapid sale of 3,800 tons of the yellow metal at an average price of $280/ounce, reaping about $56 … [Read more...]

April 26, 2011 – My Victory Lap on Silver

Featured Trades: (SILVER), (SLV)   1) My Victory Lap on Silver. 'If you don't rush out and buy silver right now at $13.70 an ounce, I'm going to pick you up and shake you by the lapels of your coat until your false teeth pop out and fall clattering to the ground.' This is exactly how I led my newsletter on May 9, 2009 (click here for the link). I reaffirmed … [Read more...]

April 26, 2011 – Turkey is on the Menu

Featured Trades: (TURKEY), (TUR), (TKC)   2) Turkey is on the Menu. I am building lists of merging market ETF to snap up during any summer sell off, and turkey popped up on the menu. The country is only one of two Islamic countries that I consider investment grade, (Indonesia is the other one), the 82 million people of Turkey ranks 15th in the world in population, … [Read more...]

April 26, 2011 – An Update on My Nissan Leaf

Featured Trades: (NISSAN LEAF), (NSANY)   3) An Update on My Nissan Leaf. I called my local Nissan dealer yesterday with some trepidation, fully expecting to be told that my new all electric Nissan Leaf sedan was buried under tons of mud after Japan's disastrous tsunami, and that I would now have to wait until 2012 for a delivery. I was pleasantly surprised when … [Read more...]

April 25, 2011 – Meet the 'Risk Off' Portfolio

SPECIAL 'RISK OFF' ISSUE THE 'ANTI QE2' PORTFOLIO Featured Trades: (BAC), (XLF), (SDS), (TLT), (JNK), (CU), (FCX), (ABX), (AMR), (FXE), (UUP)   1) Meet the 'Risk Off' Portfolio. I believe that several asset classes are in the process of making important medium term tops, and that it is time to start building short lists of trades … [Read more...]

April 21, 2011 – Last Chance to Participate in the Mad Hedge Fund Trader’s April 28 Phoenix Luncheon

Featured Trades: (PHOENIX STRATEGY LUNCHEON)   1) Last Chance to Participate in the Mad Hedge Fund Trader's April 28 Phoenix Luncheon. Come join me for lunch for the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in Phoenix, Arizona on Thursday, April 28, 2011. A three course lunch will be followed by a 45 minute PowerPoint … [Read more...]

April 21, 2011 – Get Ready for Your Tax Hit

Featured Trades: (THE COMING TAX HIT) 2) Get Ready for Your Tax Hit. No matter what anyone promises you today, this week, or this year, your taxes are going up. At $1.3 trillion, the budget deficit is so enormous that bringing it into balance merely through spending cuts is a mathematical impossibility. Chopping funding for Planned Parenthood and National Public Radio … [Read more...]

April 20, 2011 – Report from Libya

Featured Trades: (REPORT FROM LIBYA)   1) Report from Libya. Over the weekend, I managed to catch up with a friend of mine who just escaped from Libya by the skin of his teeth. Sent there by an oil major to explore for deep water oil and gas in the Gulf of Sidra, he spent the first few weeks of the revolution staying at his home in an expatriate compound in … [Read more...]

April 20, 2011 – Is USA Inc. a ‘SELL?’

Featured Trades: (USA, INC.)   2) Is USA Inc. a 'SELL? What would happen if I recommended a stock that had no profits, was cash flow negative, and had a net worth of negative $44 trillion? Chances are, you would cancel your subscription, demand a refund, de-friend me from you Facebook account, and delete my email address from your address book. Yet that is … [Read more...]

April 20, 2011 – Columbia is Popping Up on My Radar

Featured Trades: (COLUMBIA), (GXG)   3) Columbia is Popping Up on My Radar. My current scenario for global equities has them selling off over the summer, then a rebounding led by emerging markets starting sometime in the fall. In that case you want to start building short lists of high growth countries to pile into, once the turn comes. I would be including … [Read more...]

April 19, 2011 – The End of QE2 is In the Market

Featured Trades: (THE END OF QE2 IS IN THE MARKET), (TBT), (TLT), (SPY)   2) The End of QE2 is In the Market. No one has been more negative about the long term outlook for the Treasury bond markets than I. At the rate that we are piling on spending while chopping back on tax revenues, the collapse of the whole house of cards was a mathematical certainty. That's why … [Read more...]

April 18, 2011 – Come Join the Mad Hedge Fund Trader for the April 28 Phoenix, Arizona Strategy Luncheon

Featured Trades: (PHOENIX STRATEGY LUNCHEON)   Come Join the Mad Hedge Fund Trader for the April 28 Phoenix, Arizona Strategy Luncheon. Come join me for lunch for at the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in Phoenix, Arizona on Thursday, April 28, 2011. A three course lunch will be followed by a 45 minute PowerPoint … [Read more...]

April 15, 2011 – Something is Bubbling in Natural Gas

Featured Trades: (NATURAL GAS), (UNG), (DVN), (CHK)   2) Something is Bubbling in Natural Gas. Today's surprise release of figures showing a shocking draw down in natural gas supplies throws a great spotlight on what has undoubtedly been the red headed step child of the energy space for the last three years. While oil prices have been soaring to near all-time … [Read more...]

April 14, 2011 – Paris Strategy Luncheon Review

Featured Trades: (PARIS STRATEGY LUNCHEON REVIEW), (FXE) 2) Paris Strategy Luncheon Review. The full force of soaring oil prices really hit home when I took a taxi to the Paris airport yesterday. As we passed a gas station, I mentioned to the driver that I didn't know that they sold gas by the gallon in France. He answered that they didn't. France … [Read more...]

April 14, 2011 – Where's the Beef?

Featured Trades: (WHERE'S THE BEEF?), (SPX), (SPY)   3) Where's the Beef? With the Q1 earnings season now underway, investors seeking a repeat of Q4's blistering results are about to be sorely disappointed. While calendar 2010 delivered a white hot 41% improvement in reported earnings, the growth rate for the most recent quarter could deliver gains as … [Read more...]

April 8, 2011 – Quote of the Day

We have been pretending that we're too big to fail. We're not too big to fail, You can jump off of a 90 story building and feel fine for the first 89 stories. It's the sudden stop at the end that tells you you're not.' said Tom Friedman, New York Times columnist and author of Hot, Flat and Crowded. … [Read more...]

April 6, 2011 – The Great Race for Battery Technology

    Featured Trades: (SPECIAL BATTERY ISSUE), (XIDE), (BYDFF), (SQM), (SNE), (GM), (XOM) 1) The Great Race for Battery Technology. One hundred years from now, historians will probably date the beginning of the fall of the American Empire to 1986. That is the year President Ronald Reagan ordered Jimmy Carter's solar panels torn down from the White House … [Read more...]

April 2, 2011 – Last Chance to buy a Ticket to the April 4 London, England Strategy Luncheon!

Featured Trades: (LONDON STRATEGY LUNCHEON) 1) Last Chance to buy a Ticket to the April 4 London, England Strategy Luncheon! Come join me for lunch for the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in London, England on Monday, April 4, 2011. A three course lunch will be followed by a 45 minute PowerPoint presentation and a 45 minute … [Read more...]