Featured Trades: (SPY), (IWM), (RSX), (EEM), (CU), (GLD), (JNK), (TBT), (TLT), (GLD), (USO), (FXA), (FXE), (UUP), (VIX) 1) Market Carnage Revisited. I have never seen a single word cost me so much money. That word would be ‘significant’, the word that the Federal Reserve added to the language in its recent release about the current [...]

'If you're really long term, you should be really long term scared. At the end of the day, long term risk management is what you should be thinking about. '˜Long term' meaning only being bullish is ridiculous. You should be managing risk aggressively,' said Keith McCullough of Hedgeye Risk Management.

Featured Trades:  (LAS VEGAS SEPTEMBER 23 STRATEGY LUNCHEON)   1) Last Chance to Attend the September 23 Las Vegas Strategy Luncheon. Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Las Vegas at 12:00 noon on Friday, September 23, 2011. A three course lunch [...]

Featured Trades: (ORDER EXECUTION 101)   2) Order Execution 101. Given the sudden uptick in trade alerts I have been sending out to my Macro Millionaire subscribers, some 26 in August alone, I have been inundated with requests for how to execute these. So I thought I'd take some time today to expound on the [...]

Featured Trades: (DO THE RATINGS AGENCIES NEED NEW TYPISTS?), (TLT), (BAC), (C) 3) Do the Ratings Agencies Need New Typists? If there were ever a deep lagging indicator, it is a downgrade by a ratings agency. While the housing market peaked in 2006, these despised institutions didn't get around to marking paper down from triple [...]

'The next phase in the development of China is the empowerment of the consumer. That is happening as we speak. The Chinese consumer is in much better shape than the American consumer,' said Daniel J. Arbess of Xerion Capital Partners.

Featured Trades: (NOVEMBER 10 STRATEGY LUNCHEON)   1) Orlando November 10 Strategy Luncheon. Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Orlando, Florida on Thursday, November 10, 2011. An excellent meal will be followed by a wide ranging discussion and an open ended [...]

Featured Trades: (MACRO MILLIONAIRE PUNCHES THROUGH TO NEW ALL TIME HIGH), (SPY), (USO), (FXE), (FXF), (GLD), (IWM), (BAC)   2) Macro Millionaire Punches Through to New All Time High. Macro Millionaire, my innovative trade mentoring program, punched through to a new year to date return of 39.15%. Suring the same time period, which began on [...]

Featured Trades: (IMF RINGS THE ALARM FOR THE GLOBAL ECONOMY) 3) IMF Rings the Alarm for the Global Economy. The International Monetary Fund just substantially revised down their growth outlook for 2012, saying that the global economy has entered a 'dangerous new phase.' Specifically, the world was cut from GDP growth of 4.5% to 4%, [...]

Featured Trades: (APPLE'S NEXT STOP:$1,000), (AAPL) 4) Apple's Next Stop: $1,000. Watching Apple (AAPL) post a new all-time high today, I was struck by a wave of nostalgia. When I took a young, cocky, long haired, Levis wearing Steve Jobs around to meet Morgan Stanley's institutional investors to pitch an Apple secondary share offering 28 [...]

'A year from now the dominoes will be falling in Europe. The world is going to be a more destabilized place'¦.The risk free rate isn't risk free any more. We're not growing as we should be because there is a diminishing rate of return for each additional dollar of debt. In a year, we're going [...]

Featured Trades: (TRADERS ARE ‘LOST’ WITH THE ECONOMIC DATA) 1) Traders Are ‘Lost’ With the Economic Data. Traders can be forgiven for believing that they are reliving an episode of the cult mystery TV show, ‘Lost.’ The economic data was truly a mixed bag last week, with lagging reports showing us that the economy is [...]

Featured Trades: (BILL ACKMAN’S HONG KONG DOLLAR PLAY), (EWH)   2) Bill Ackman’s Hong Kong Dollar Play. You are all well aware of my love affair with the Chinese Yuan (CYB), which I expect to appreciate substantially in coming years off the back of China’s continuing economic miracle. Bick Ackman, of Pershing Square Capital Management [...]

'Average is over. If you just show up now for your job in an average way, that's not going to cut it anymore. James Reston, a famous columnist in the sixties and seventies, used to have my office, and he would come into work each day wondering what his seven competitors were going to write [...]

Featured Trades: (WATCH OUT FOR THOSE DINOSAUR TURDS) 3) Watch Out for Those Dinosaur Turds. The dinosaur bone market has crunched. Once a favorite collectable of high flying hedge fund managers, the prices of everything from tyrannosaurus rex to brontosaurus fossils have skidded. A recent auction of a triceratops skeleton failed to reach its minimum [...]