June 28, 2011 – The Mad Hedge Fund Trader’s July 7 Los Angeles Strategy Luncheon

The Mad Hedge Fund Trader's July 7 Los Angeles Strategy Luncheon. Come join me for lunch at the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in Los Angeles on July 7, 2011. A three course lunch will be followed by a 30 minute PowerPoint presentation and a 45 minute question and answer period. I'll be giving you my up-to-date views on stocks, … [Read more...]

June 19, 2011 – The Mad Hede Fund Trader’s July 7 Los Angeles Strategy Luncheon

The Mad Hedge Fund Trader's July 7 Los Angeles Strategy Luncheon. Come join me for lunch at the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in Los Angeles on July 7, 2011. A three course lunch will be followed by a 30 minute PowerPoint presentation and a 45 minute question and answer period. I'll be giving you my up-to-date views on stocks, … [Read more...]

June 10, 2011 – The Mad Hedge Fund Trader’s June 20 Milan, Italy Strategy Luncheon

Featured Trades: (MILAN STRATEGY LUNCHEON)   The Mad Hedge Fund Trader's June 20 Milan, Italy Strategy Luncheon. Come join me for lunch at the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in Milan, Italy on June 20, 2011. A three course lunch will be followed by a 30 minute PowerPoint presentation and a 45 minute question and answer … [Read more...]

June 9, 2011 – It’s Off to the Races for Natural Gas

Featured Trades: (ITS OFF TO THE RACERS FOR NATURAL GAS)   1) It's Off to the Races for Natural Gas. Name one of the best performing assets since the 'RISK OFF' trade started and it would have to be natural gas. You may recall my waxing bullish on this simple molecule in my piece seven weeks ago (click here for 'Something is Bubbling in Natural Gas'). Since … [Read more...]

June 9, 2011 – Why the Banks Are Trading Like Grim Death

Featured Trades: (WHY THE BANKS ARE TRADING LIKE GRIM DEATH), (BAC), (WFC), (XLF)   2) Why the Banks Are Trading Like Grim Death. You may recall that I went on national television on April 22, proclaiming that Bank of America stock was a screaming short, then trading at $12.50 (click here for the link to the Fox Business News piece ). My logic was that another leg … [Read more...]

June 8, 2011 – The Mad Hedge Fund Trader’s June 20 Milan, Italy Strategy Luncheon

Featured Trades: (MILAN STRATEGY LUNCHEON)   1) The Mad Hedge Fund Trader's June 20 Milan, Italy Strategy Luncheon. Come join me for lunch at the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in Milan, Italy on June 20, 2011. A three course lunch will be followed by a 30 minute PowerPoint presentation and a 45 minute question and … [Read more...]

June 8, 2011 – Is the Fat Lady About to Sing Again for the Treasury Bond Market?

Featured Trades: (IS THE FAT LADY SINGING AGAIN FOR THE TREASURY BOND MARKET?), (TLT), (TBT)   2) Is the Fat Lady About to Sing Again for the Treasury Bond Market? One of my best calls of the year was to pick the bottom of the Treasury bond market in February and pile readers into synthetic long positions by shorting puts in March. That handy little trade brought in … [Read more...]

June 7, 2011 – My Take on the 2012 Election

Featured Trades: (MY TAKE ON THE 2012 ELECTION)   3) My Take on the 2012 Election. This is going to be an interesting election. A Pew Research/Washington Post poll asked Republican voters to choose a word that best described their party's current field of presidential candidates. Here is a ranking of the words they … [Read more...]

June 6, 2011 – The Nonfarm Payroll Bombshell

Featured Trades: (THE NONFARM PAYROLL BOMBSHELL) 1) The Nonfarm Payroll Bombshell. Any doubts about what the '˜new normal' is all about were dispelled yesterday with the bombshell March Nonfarm Payroll Report showing a gain of only 54,000, the smallest in seven months, and a huge shortfall from the 190,000 consensus. The headline unemployment rate bumped … [Read more...]

June 6, 2011 – Charts Are Breaking Down All Over

Featured Trades: (CHARTS ARE BREAKING DOWN ALL OVER)   2) Charts Are Breaking Down All Over. My friends at StockCharts.com produced a wonderful series of charts today showing how destructive was the damage in risk assets, in general, and equities, in particular. The chip shot on the downside for the S&P 500 is now 1,260. With near panic among short term traders … [Read more...]

June 6, 2011 – The Economic Headwinds Are Coming

Featured Trades: (THE ECONOMIC HEADWINDS ARE COMING) 3) The Economic Headwinds Are Coming. Whenever someone is dead right about the long term outlook for the economy, I like to revisit their comments. So am once again running a conversation I had with my friend, David Hale, a month ago, back when investors were stumbling over each other to pile on risk assets, and the … [Read more...]

June 6, 2011 – Here Comes the Rhodium ETF

Featured Trades: (HERE COMES THE RHODIUM ETF)   4) Here Comes the Rhodium ETF. Deutsche Bank has launched the first ever ETF for the precious metal Rhodium, to be listed on the London stock exchange. Expecting a massive inflow of capital into this obscure corner of the hard asset world, traders ran prices up 20% last week. ETF launches for platinum (PPLT), and … [Read more...]

June 3, 2011 – Here Comes the Double Dip

Featured Trades: (HERE COMES THE DOUBLE DIP), (TLT), (TBT), (JNK), (SJB) 1) Here Comes the Double Dip. With yields on ten year Treasury bonds piercing below the 3.00% level through to 2.95%, you now have to take seriously the possibility of a double dip recession. This is particularly concerning given that bond markets are usually right, and equity markets are … [Read more...]

June 3, 2011 – My Big Miss of the Year

Featured Trades: (MY BIG MISS OF THE YEAR), (FXF)   2) My Big Miss of the Year. If you had to name one asset that has benefited from every macro trend under the sun this year, it has to be the Swiss franc. No matter what happened, be it the coming Greek default, the European banking crisis, the Japanese tsunami, the Libyan Civil War, the commodity collapse, and now … [Read more...]

June 2, 2011 – The Mad Hedge Fund Trader’s June 22 Geneva, Switzerland Strategy Luncheon

Featured Trades: (GENEVA STRATEGY LUNCHEON)   1) The Mad Hedge Fund Trader's June 22 Geneva, Switzerland Strategy Luncheon. Come join me for lunch for the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in Geneva, Switzerland on Wednesday, June 22, 2011. A three course lunch will be followed by a 30 minute PowerPoint presentation and a … [Read more...]

June 2, 2011 – 'RISK OFF' Returns With a Vengeance

Featured Trades: (RISK OFF RETURNS WITH A VENGEANCE)   2) 'RISK OFF' Returns With a Vengeance. I have not seen a day this ugly in quite a long time. From the second that a dismal ADP report came out in the pre-market, it was a steady slide, right up until the close. The S&P 500 couldn't rally even five points on the day, and closed down a stomach … [Read more...]

June 1, 2011 – The Mad Hedge Fund Trader’s June 20 Milan, Italy Strategy Luncheon

Featured Trades: (MILAN STRATEGY LUNCHEON) 1) The Mad Hedge Fund Trader's June 20 Milan, Italy Strategy Luncheon. Come join me for lunch at the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in Milan, Italy on June 20, 2011. A three course lunch will be followed by a 30 minute PowerPoint presentation and a 45 minute question and answer … [Read more...]

June 1, 2011 – The One Economic Indicator You Can Rely On

Featured Trades: (THE BIKINI WAX INDICATOR)   3) The One Economic Indicator You Can Rely On. There is no end to which I am willing to go to understand the future direction of the world economy. So when I learned that the price of Brazilian bikini waxes was going through the roof, I had to sit up and take note. Last month, the price of the popular beauty treatment … [Read more...]

June 1, 2011 – Quote of the Day

'I think the price of oil is high here. There is still some panic because of Libya. We prefer to have it around $70-$80 a barrel. Our goal is the find an equilibrium between our needs and your needs' said Prince Al-Waleed bin Talal of Saudi Arabia, the largest foreign investor in the US. … [Read more...]