August 30, 3013 – MDT – VIX Pattern Alert

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 30, 2013 – MDT Pro Tips A.M.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 30, 2013

Global Market Comments August 30, 2013 Fiat Lux Featured Trade: (WHY I’M DOUBLING MY YEN SHORT), (FXY), (YCS), (GET READY FOR THE NEXT GOLDEN AGE) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) … [Read more...]

Why I’m Doubling My Yen Short

Japanese Girl

The summer us coming to a close this weekend, and the longer term, fundamentally driven trends that have been sunning themselves at the beach are about to reassert themselves. The sideways churning moves on low volume that started as early as March are about to come to an end. Therefore, it is time to bulk up my portfolio. So I am taking this opportunity to double up my … [Read more...]

Get Ready for the Next Golden Age

'57 T-Bird

I believe that the global economy is setting up for a new golden age reminiscent of the one the United States enjoyed during the 1950’s, and which I still remember fondly. This is not some pie in the sky prediction. It simply assumes a continuation of existing trends in demographics, technology, politics, and economics. The implications for your investment portfolio will be … [Read more...]

August 30, 2013 – Quote of the Day

Man-Sunglasses

“The sentiment in the bond market now is basically fear and loathing. People have gone from “I don’t care about volatility, I want income” to “I don’t care about income, I don’t want volatility,” said Jeffrey Gundlach, CEO and CIO of bond manager DoubleLine. … [Read more...]

August 29, 2013 – MDT – 30 Yr. Bonds & SPU’s

USA 30yr

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

Trade Alert – (FXY) August 29, 2013

slider-05-trader-alert

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ‘look over’ John Thomas’ shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen. … [Read more...]

August 29, 2013 – MDT – Equity Index Follow Up for Day Traders

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 29, 2013 – MDT – Equities

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 29, 2013 – MDT Pro Tips A.M.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 29, 2013

Global Market Comments August 29, 2013 Fiat Lux Featured Trade: (BATTLE TESTING YOUR PORTFOLIO), (SPY), (USO), (FXE), (FXY), (YCS), (GLD), (SLV), (TLT), (THE COST OF CLEAN COAL), (KOL), (WHO IS BEN BERNANKE?) SPDR S&P 500 (SPY) United States Oil (USO) CurrencyShares Euro Trust (FXE) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) SPDR … [Read more...]

Battle Testing Your Portfolio

Soldier-Fire

The great thing about the sudden $5 pop is the price of oil since Monday is that it battle tests your portfolio. You really don't know what you own and the risks it entails until something like this comes along. I'll explain why. For a start, you get a very clear idea of which of your assets are of the "RISK ON" variety, and which are of the "RISK OFF" persuasion. This is … [Read more...]

The Price Tag for Clean Coal

KOL 8-28-13

I wanted to get the low down on clean coal (KOL) to see how clean it really is, so I visited some friends at Lawrence Livermore National Laboratory. The modern day descendent of the Atomic Energy Commission, where I had a student job in the seventies, the leading researcher on laser induced nuclear fission, and the administrator of our atomic weapons stockpile, I figured they’d … [Read more...]

Who is Ben Bernanke?

220px-Ben_Bernanke_official_portrait

Since nothing less than the fate of the free world depends on the judgment of Ben Bernanke these days, I thought I’d touch base with David Wessel, the Wall Street Journal economics editor, who has just published In Fed We Trust: Ben Bernanke’s War on the Great Panic. I doubted David could tell me anything more about the former Princeton professor I didn’t already know. I … [Read more...]

August 28, 2013 – MDT – U.S. Equity Indices and ETF’s

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 28, 2013 – MDT Pro Tips A.M.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 28, 2013

Global Market Comments August 28, 2013 Fiat Lux Featured Trade: (OIL SPIKE SENDS TRADERS SCRAMBLING), (USO), (GLD), (ORDER EXECUTION 101), (THE GREAT COPPER CRASH OF 2013), (CU), (FCX) United States Oil (USO) SPDR Gold Shares (GLD) First Trust ISE Global Copper Index (CU) Freeport-McMoRan Copper & Gold Inc. (FCX) … [Read more...]

Which One Did You Say I Should Buy?

Bashar al-Assad

Wow! That was some speech! Secretary of State, John Kerry, was certainly rattling the saber last night when he laid out the irrefutable evidence confirming the use of chemical weapons in Syria. Defense Secretary, Chuck Hagel, then upped the ante by asserting that US military forces are “ready to go.” Oil (USO) hit a two and a half year high at $109, and gold (GLD) finally … [Read more...]

Order Execution 101

Diver

New Global Trading Dispatch subscribers have requested guidelines on how to execute my trade alerts. So I thought I’d take some time today to expound on the basics of order execution 101. There are three basic ways to intelligently get an order into the market: 1) The No Brainer Average In. Buy half at the receipt of the alert and half at the close. It’s that simple. If … [Read more...]

The Great Copper Crash of 2013

Pennies

When Dr. Copper (CU), the only commodity with a PhD in economics, suddenly collapses from a heart attack, risk takers everywhere have to sit up and take notice. Since the 2011 top, the red metal has collapsed a shocking 35%. So called because of its uncanny ability to predict the future of the global economy, copper is warning of dire things to come. The price drop suggests … [Read more...]

August 27, 2013 – MDT Midday Missive with APPL Follow Up

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 27, 2013 – MDT – SPU/Bonds & VIX

EP-US 8-27-1

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 27, 2013 – MDT – Drumbeat of War

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 27, 2013 – MDT Pro Tips A.M.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 27, 2013

Global Market Comments August 27, 2013 Fiat Lux Featured Trade: (THE TECHNICAL/FUNDAMENTAL TUG OF WAR), (SPY), (INDU), (IWM), (AND MY PREDICTION IS….), (TESTIMONIAL), (THERE ARE NO GURUS) SPDR S&P 500 (SPY) Dow Jones Industrial Average (INDU) iShares Russell 2000 Index (IWM) … [Read more...]

The Technical/Fundamental Tug of War: Who Will Win?

Neanderthol

For the last few weeks, I have had two groups of analysts screaming in my ears. Fundamental researchers are asserting that at $105 per share in earnings, generating a price earnings multiple of 15, stocks are at the historic middle of a 10-22 range. Q2 earnings are over, and modestly outperformed on the upside, although not with the magnitude seen in recent quarters. Plus, … [Read more...]

And My Prediction Is….

The Beatles

Take those predictions, forecasts, and prognostications with so many grains of salt. They have a notorious track record for being completely wrong, even when made by the leading experts in their fields. In preparing for my autumn lecture series, I came across the following nuggets and thought I’d share them with you. There are some real howlers. 1876  “This 'telephone' has … [Read more...]

Testimonial

I don’t know what I would do without John Thomas’s information. It is informative and entertaining. In the past 2 years I have almost doubled my portfolio, something I couldn't have done on my own. As a military member, he has enabled me to ensure that I will not only be able to retire on time, but also help my children through college. If things keep going this well, I will … [Read more...]

August 27, 2013 – Quote of the Day

Financials Knife in Hand

“The stupid market cliché about catching a falling knife is actually happening now. This is a falling knife. You have to look at the market as a hot air balloon. You only want to grab it as it is going up. I don’t think dollar cost averaging is the plan here,” said Bob Iaccino at Traderoutlook.com. … [Read more...]

August 26, 2013 – MDT – Midday Missive w/APPL Follow Up

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 26, 2013 – MDT – AAPL Trade Alert

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 26, 2013 – MDT Pro Tips A.M.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 26, 2013

Global Market Comments August 26, 2013 Fiat Lux Featured Trade: (RIDING WITH TREASURY SECRETARY JACK LEW) … [Read more...]

Riding With Treasury Secretary Jack Lew

Jack Lew

I was perusing my morning email in Zermatt a few weeks ago, and spotted the familiar White House address with the .gov ending. Would I be interested in meeting with the new Treasury Secretary, Jack Lew? It was just what I needed to lure me out of my Alpine lair back to the USA. I responded “yes,” and instructions followed to meet him at the private jet terminal at San Francisco … [Read more...]

August 26, 2013 – Quote of the Day

Ten Dollar Bill - new

“Why has government been instituted at all? Because the passions of man will not conform to the dictates of reason and justice without constraint,” said America’s first Treasury Secretary, Alexander Hamilton. … [Read more...]

August 23, 2013 – MDT Midday Missive

USA 30YR USTB

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 23, 2013 – MDT Pro Tips A.M.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 23, 2013

Global Market Comments August 23, 2013 Fiat Lux Featured Trade: (HOW US JOB LOSSES WILL END),  (FXI), (PIN), (EWY), (VNM), (OPTIONS FOR THE BEGINNER) (BRING BACK THE UPTICK RULE!) iShares China Large-Cap (FXI) PowerShares India (PIN) iShares MSCI South Korea Capped (EWY) Market Vectors Vietnam ETF (VNM) … [Read more...]

How US Job Losses Will End

Vietnam Flag

I was researching comparative Asian wage data the other day and was astounded with what I found. Textile workers earn $2.99 an hour in India (PIN), $1.84 in China (FXI), and $0.49 in Vietnam (VNM). This is an 18 fold increase in labor costs from ten cents an hour since Chinese industrialization launched in 1978. This compares to the $8 an hour our much abused illegals get at … [Read more...]

Options for the Beginner

Options for the Beginner and Beyond

I strongly urge readers of this letter to log on to Amazon and by a copy of Options for the Beginner and Beyond by W. Edward Olmstead. Options contracts offer investors a wonderful instrument for minimizing risk, while maximizing the upside, and I am going to recommend many more such strategies in the future. So, if you want to have the slightest idea of what I am talking … [Read more...]

Bring Back the Uptick Rule!

Art work

When the Dow crashed 514 points in a single day a few years ago, the market lost a staggering $850 billion in market capitalization. High frequency traders were possibly responsible for half of this move, but generated a mere $65 million in profits, some 7/1,000’s of a percent of the total loss. Are market authorities and regulators being penny wise, but pound foolish? The … [Read more...]

August 23, 2013 – Quote of the Day

Lady Liberty

“The next time we have a global economic crisis it will be much worse than in 2008. There will be money printing and war. The whole system will collapse. You don’t want to own government bonds and cash. Equities don’t do well, but at least you still have the ownership of companies. Precious metals do well in that environment, and so does oil,” said Mark Faber, publisher of the … [Read more...]

August 22, 2013

Global Market Comments August 22, 2013 Fiat Lux Featured Trade: (WHY I SOLD OIL),  (USO), (UNG), (UUP) (SALUTING THE “OLD BREED”) United States Oil (USO) United States Natural Gas (UNG) PowerShares DB US Dollar Index Bullish (UUP) … [Read more...]

Why I Sold Oil

Camel

I think that oil peaked last week with the Egyptian Army’s ferocious and bloody attack on the Muslim Brotherhood. I hate to sound cynical here, but count the daily bodies in the street, which has been trending down sharply since Thursday’s, 1,000 plus tally. Fewer bodies mean lower oil prices. This has most likely broken the back of the fundamentalist opposition movement for … [Read more...]

August 22, 2013 – MDT – Morning Addendum

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 22, 2013 – MDT Pro Tips A.M.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 21, 2013 – MDT Midday Missive

VIX 8-21-13

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 21, 2013 – MDT Pro Tips A.M.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 21, 2013

Global Market Comments August 21, 2013 Fiat Lux Featured Trade: (WHY YOU SHOULD BUY THIS DIP),  (SPX), (IWM), (INDU), (THE BIPOLAR ECONOMY), (TESTIMONIAL) S&P 500 Index (SPX) iShares Russell 2000 Index (IWM) DJ Industrial Average (INDU) … [Read more...]

Why You should Buy This Dip

Fight-Fish

There’s nothing like coming home and getting slapped in the face with a fresh mackerel the second I step off the plane. That’s what happens when you travel from a continent that is universally positive about US stocks, to one that is largely negative. Take a look at the chart below from my friends at Bespoke Research, showing that 66% of all investors are now bearish on … [Read more...]

The Bipolar Economy

Girl-Sad

Corporate earnings are up big! Great! Buy! No wait! The economy is going down the toilet! Sell! Buy! Sell! Buy! Sell! Help! Anyone would be forgiven for thinking that the stock market has become bipolar. According to the Commerce Department’s Bureau of Economic Analysis, the answer is that corporate profits account for only a small part of the economy. Using the income … [Read more...]

Testimonial

I cannot give higher marks to John's style of approaching the market. My wife has learned so much from him that we are actually having conversations about the global economy. Wow! You will learn money management, the concept of risk versus reward, and how to take advantage of trades that are worth taking. Thanks John! Robert … [Read more...]

Trade Alert – (USO) August 20, 2013

Alert

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ‘look over’ John Thomas’ shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen. … [Read more...]

August 20, 2013 – MDT – QID Follow Up

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 20, 2013 – MDT – Closing Trade

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 20, 2013 – MDT – It’s all about the Miners

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 20, 2013 – MDT Pro Tips A.M.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 20,2013

Global Market Comments August 20, 2013 Fiat Lux Featured Trade: (I’M BACK!) … [Read more...]

I’m Back!

John Thomas - Heathrow

I sit here at Virgin Atlantic’s upper class lounge at London’s Heathrow airport, awaiting their transcontinental nonstop service to San Francisco, listening to Bach’s Sonata No.1 in G Minor on my headphones. I am returning from a two-month tour of Europe that was highly informative, exciting, and even mind expanding. The proof is the ten new pounds that I am packing under my … [Read more...]

August 19, 2013 – MDT – QID…Trade Alert

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 19, 2013 – MDT – The Usual Suspects

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

Trade Alert – (GLD) August 19, 2013

Alert

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ‘look over’ John Thomas’ shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen. … [Read more...]

August 19, 2013 – MDT Pro Tips

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 19, 2013

Global Market Comments August 19, 2013 Fiat Lux Featured Trade: (HOW THE GOVERNMENT UNDERSTATES THE ECONOMY), (HOW TO GET A FREE TRIP TO EUROPE)   … [Read more...]

How the Government Understates the Economy

Jack Lew

I am writing this in the second-class cabin of the Wales to London express train, which is packed to the gills with holiday revelers. In the adjacent seat there is a gaggle of four young ladies dressed to the, nines sporting feathers from their hats, obviously headed for a late summer wedding. They are sharing a bottle of Cava, or cheap Spanish Champagne, and the spirited … [Read more...]

How to Get a Free Trip to Europe

John Thomas

During my recent trip to Europe, I made another startling discovery about the woeful state of America’s 19th century health care system. I needed to get refills on my prescription drugs when I was in Zermatt, so I stopped by the local pharmacy and placed an order. This was for three different drugs I take daily for a typical guy my age for blood pressure, cholesterol, and … [Read more...]

August 16, 2013

Global Market Comments August 16, 2013 Fiat Lux Featured Trade: (WHY I LOVE/HATE THE OIL COMPANIES), (XOM), (KNOWING THE PRICE OF EVERYTHING AND THE VALUE OF NOTHING) (WHY BUFFET HATES GOLD), (GLD), (GDX), (ABX) Exxon Mobil Corporation (XOM) SPDR Gold Shares (GLD) Market Vectors Gold Miners ETF (GDX) Barrick Gold Corporation (ABX) … [Read more...]

Why I Love/Hate the Oil Companies

oil

The first thing I do when I get up every morning is to curse the oil companies as the blood sucking scourges of modern civilization. I then fall down on my knees and thank God that we have oil companies. You’ve got to love ExxonMobil (XOM), which constantly trades places with Apple (AAPL) for being the world’s largest company. This is why petroleum engineers are getting … [Read more...]

Knowing the Price of Everything and the Value of Nothing

Antique Road Show

As a fanatical follower of the price of everything, I have long been an avid viewer of the television program, Antiques Roadshow, for 14 years, and the English version of the show well before that. This is where you learn what stuff like majolica is. Many aspiring collectors come into the open appraisal events hoping they have inherited something of untold value from their late … [Read more...]

Why Warren Buffet Hates Gold

Gold Coin

The “Oracle of Omaha” expounded at length today on why he despises the barbarous relic. The sage doesn’t really care if the yellow metal hit an all-time high today of $1,440. He sees it primarily as a bet on fear. If investors are more afraid in a year than they are today, then you make money. If they aren’t, then you lose money. If you took all the gold in the world, it would … [Read more...]

August 16, 2013 – Quote of the Day

Target-Arrows-Bullseye

“Lacking standards, managements are tempted to shoot the arrow of performance, and then paint the bull’s eye around wherever it lands,” ” said “Oracle of Omaha”, Warren Buffet, CEO and the largest shareholder in Berkshire Hathaway. … [Read more...]

August 15, 2013

Global Market Comments August 15, 2013 Fiat Lux Featured Trade: (CALIFORNIA MONEY DOWN THE DRAIN?) (DEATH OF THE CONSUMER), (SPX)  S&P 500 Index (SPX) … [Read more...]

California Money Down the Drain?

Girl-Money

Who was the top paid state employee in California last year? The governor? The Chief Justice of the Supreme Court? How about the leader of the Senate? Nope. It was a prison psychiatrist who took home an eye popping $838,706, most of it in overtime. I love it! The state drives people insane by sending them to jail, then tries to cure them with triple overtime. It is a wealth … [Read more...]

The Death of the Consumer

Sleep at Computer

I often get asked why I never put out “BUY” recommendations on consumer discretionary stocks. I promptly send them in search of the latest consumer spending figures at the Bureau of Economic Analysis, which do not paint a pretty picture (click following link  http://www.bea.gov/newsreleases/national/pi/pinewsrelease.htm). Since 2008, quarterly spending has come in at a scant … [Read more...]

August 15, 2013 – Quote of the Day

House on Fire

“A house can be a nightmare if the buyer’s eyes are bigger than his wallet and if a lender –often protected by a government guarantee—facilitates his fantasy,” said Warren Buffet. … [Read more...]

Trade Alert – (FXY) August 14, 2013

slider-05-trader-alert

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ‘look over’ John Thomas’ shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen. … [Read more...]

August 14, 2013

Global Market Comments August 14, 2013 Fiat Lux Featured Trade: (END OF THE COMMODITY SUPERCYCLE, OR NOT?) (CU), (DBA), (USO), (FCX), (BHP), (ABX),  (RIO), (JPM), (GS), (ECH), (EWZ), (IDX) (BRING BACK THE SMOKE FILLED ROOMS), (SPX), (TBT) First Trust ISE Global Copper Index (CU) PowerShares DB Agriculture (DBA) United States Oil (USO) Freeport-McMoRan Copper & … [Read more...]

End of the Commodity Supercycle, or Not?

car

When I toured Australia a couple of years ago, I couldn’t help but notice a surprising number of fresh faced young people driving luxury Ferraris, Lamborghinis, and Porsches. I remarked to my Aussie friend that there must be a lot of indulgent parents in The Lucky Country these days. “It’s not the parents who are buying these cars,” he remarked, “It’s the kids.” He went on … [Read more...]

Bring Back the Smoke Filled Rooms

Ronald Reagan button

In days of old, when congressional impasses presented themselves, the Speaker of the House, rosy-cheeked Tip O’Neil, would meet his counterpart in the Senate for a night of poker. Several bottles of Scotch later, a deal would get struck, and the two would be photographed together shaking hands the next morning, talking about the good of the country. The process moved … [Read more...]

August 13, 2013

Global Market Comments August 13, 2013 Fiat Lux Featured Trade: (THE BOND CRASH HAS ONLY JUST STARTED), ($TNX), (TLT), (TBT), (INDIA VS. CHINA), (FXI), (PIN), (INP), (TTM) 10-Year Treasury Note ($TNX) iShares Barclays 20+ Year Treas Bond (TLT) ProShares UltraShort 20+ Year Treasury (TBT) iShares China Large-Cap (FXI) PowerShares India (PIN) iPath MSCI India Index … [Read more...]

The Bond Crash Has Only Just Started

Grandpa Thomas

When I was a little kid in the early 1950’s, my grandfather used to endlessly rail against Franklin Delano Roosevelt. The WWI veteran, who was mustard gassed in the trenches of France and was a lifetime, died in the wool Republican, said the former president was a dictator and a traitor to his class, who trampled the constitution with complete disregard. Candidates Hoover, … [Read more...]

India vs. China

Rickshaw

When I first visited Calcutta in 1976, 800,000 people were sleeping on the sidewalks, I was hauled everywhere by a very lean, barefoot rickshaw driver, and drinking the water out of a tap was tantamount to committing suicide. Some 35 years later, and the subcontinent is poised to overtake China’s white hot growth rate. My friends at the International Monetary Fund issued a … [Read more...]

August 13, 2013 – Quote of the Day

Warren Buffett

“Money will always flow towards opportunity, and there is an abundance of that in America….America’s best days lie ahead” said “Oracle of Omaha”, Warren Buffet, CEO and the largest shareholder in Berkshire Hathaway. … [Read more...]

August 12, 2013

Global Market Comments August 12, 2013 Fiat Lux SPECIAL MYKONOS ISSUE Featured Trade: (HOW THE EURO LOOKS FROM MYKONOS), (FXE), (EUO), (GREK) CurrencyShares Euro Trust (FXE) ProShares UltraShort Euro (EUO) Global X FTSE Greece 20 ETF (GREK) … [Read more...]

How The Euro Looks From Mykonos

John Thomas - Mykonos

When I sat down at my table at the Namos Restaurant, I was somewhat puzzled by the handful of sand thrown on every table. Are the Greeks as untidy with their food service as they are with their national accounts? Namos is on the south beach of the Greek island of Mykonos, part of the Cyclades chain of ancient fable, and is said to be the hottest nightclub on the island. From … [Read more...]

August 9, 2013 – MDT Midday Missive Part 2

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 9, 2013 – MDT Midday Missive

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 9, 2013 – MDT Pro Tips A.M.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. … [Read more...]

August 9, 2013

Global Market Comments August 9, 2013 Fiat Lux Featured Trade: (AMBUSH IN AUSTRALIA),  (FXA), (FXY), (FXE), (YCS), (NLR), (UNG), (GLD), (DBA), (REPORT FROM MILAN) CurrencyShares Australian Dollar Trust (FXA) CurrencyShares Japanese Yen Trust (FXY) CurrencyShares Euro Trust (FXE) ProShares UltraShort Yen (YCS) Market Vectors Uranium+Nuclear Enrgy ETF (NLR) United … [Read more...]