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Testimonial

My name is Julian and I am currently a finance student in Montreal, Canada. I’ve been reading some of the free material you’ve posted and I think you are dead on with your analysis. It’s really good stuff. I’ve been trading for 4 years and turned $3000 into $17000. It’s paying my way through college. [...]

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February 2, 2012 – Quote of the Day

“The only way out for Europe is to devalue the Euro to help the peripheral countries,” said Scott Minerd, chief investment officer at Guggenheim Partners.

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Subscribe Now to Beat the Price Increase

It is an old adage in the investment business that you get what you pay for. Followers of my Macro Millionaire trade mentoring got quite a lot last year, with my 56 recommendations bringing in a return of 40.17%. Since this is the land of the free, the home of the brave, and the last [...]

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Farewell to the Wealth Insider Alliance

All good things must come to an end, and it is time for me to bid adieu to the Wealth Insider Alliance. There is no doubt that this innovative and aggressive online marketing firm played a major role in placing the Mad Hedge Fund Trader on the map in the virtual world. They acted as [...]

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Time to Short Natural Gas Again

Time to Short Natural Gas Again

Long term readers are well aware of my antipathy towards natural gas, which has been in your worst nightmare of a bear market for the past three years. Well, the simple molecule finally got some good news last week. First, major producer, Chesapeake Energy (CHK) announced that it was cutting its natural gas production by [...]

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February 1, 2012 – Quote of the Day

Favorite headline of the day: “Greece Offers to Pay Back Debt With Giant Horse.”  

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Will Facebook Mark the Market Top?

Will Facebook Mark the Market Top?

The street is chattering today over the prospect of an enormous payday with the imminent IPO for the social media company, Facebook. Price talk is valuing the company as high as $100 billion, making it the largest such floatation in history. Could the mega deal spell the end of the current bull market? Look at [...]

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January 31, 2012 – Quote of the Day

“People are investing with a rear view mirror. Last year, you had people legitimately scared out of the market. Unfortunately, you are losing a generation of investors at a time when they ‘out to be thinking about buying high quality stocks,” said Hersh Cohen of Clearbridge Advisors.

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Is This the Chink in Japan’s Armor?

Is This the Chink in Japan’s Armor?

“Oh, how I despise the yen, let me count the ways.” I’m sure Shakespeare would have come up with a line of iambic pentameter similar to this if he were a foreign exchange trader. I firmly believe that a short position in the yen should be at the core of any hedged portfolio for the [...]

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Hanging Out With Woz

I first spoke to Steve Wozniak via HAM radio when I was 12 and he was the 14 year old president of the Homestead High School Radio Club in Cupertino, California. With seven children, my dad was pretty stingy with allowance money. But when it came to electronic parts, I had an unlimited budget, as [...]

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Thank Goodness I Don’t Live in Sweden!

I found recently found the chart below showing world tax rates as a percentage of GDP for the past 40 years. Sweden suffers the world’s heaviest tax burden at 51%, compared to only 27% in the US. The US has among the world’s lowest tax burdens, which has been falling for the last ten years. [...]

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January 30, 2012 – Quote of the Day

“The next big story in credit is going to come from Asia and that will be in Japan,” said Tres Knippa of Kenai Capital Management.

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Fed Says Market Rally is BS

Fed Says Market Rally is BS

Well, they didn’t really say that, but they could have, and perhaps should have, and the bond market wholeheartedly agrees with them. That is my takeaway from the Fed minutes released yesterday indicating that the Federal Reserve intends to extend its hyper accommodative policies for at least another 6-9 months to “late 2012.” It also [...]

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Report From Beverly Hills

I am writing this letter at a table in the alcove of the Polo Lounge at the legendary Beverly Hills Hotel. They did not disappoint on the movie star front, with more than an ample supply. At the table on my right, John Hamm, who plays the predatory ad man Don Draper in AMC’s Mad [...]

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January 27, 2012 – Quote of the Day

“China has been doing everything right for the last ten years. Our government is made up of ‘C’ students that were political science majors, whereas, the Chinese government is made up of PhD’s that were educated at Cambridge and Harvard,’ said one Washington observer.  

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