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October 29, 2012 — Quote of the Day.

“Anyone who has a yearend price target is a fool,” said Jack Bogle, founder of the Vanguard index funds.

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It’s Still Looking Like an Obama Win.

We are now coming down to the wire in the most expensive and hardest fought presidential election in history. Combined spending by the two candidates is approaching $2 billion. After making a final check of 150 polls in 50 states, I still see Obama coasting home for a win. Look at the spreadsheet of the […]

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The Apple Earnings Are Out.

I am literally running out the door now to get to AT&T Park for the second game of the World Series. However, the Apple (AAPL) Q3 earnings just came out, so I want to get you some quick numbers. Apple’s fiscal fourth-quarter profit climbed 24% and revenue topped Wall Street’s forecasts, though profit on a […]

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October 26, 2012 — Quote of the Day.

“What is there to come home to roost? This isn’t the Weimar Republic. When they had problems, they were running a budget deficit of 180% of GDP. Our budget deficit is 9% of GDP,” said hedge fund legend Ron Baron, chairman of Baron Capital  

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SOLD OUT – Orlando November 8, 2012 Strategy Luncheon

Orlando November 8 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 8, 2012. An excellent meal will be followed by a PowerPoint presentation and a wide ranging discussion and an open ended question and answer period. […]

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Why I Bailed on Gold.

This trade has been a real disappointment. Despite seeing the greatest monetary stimulus package in history, gold is now lower than when QE3 was announced. You can do all the research in the world, but when market sentiment and election fears overwhelm you, it does no good. Having broken the 50-day moving average, it now […]

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October 25, 2012 — Quote of the Day.

“With QE1, QE2, and QE3, the economy has been running on QE for three years now. They did solve the problems of the new York Stock Exchange,” but that’s not the economy,” said legendary hedge fund managers, Jim Rogers.  

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The Fat Lady is Singing for the Japanese Yen.

It is clear from the recent economic data from Japan that its cold war with China over the Senkaku Islands is really starting to bite. Relations are so bad that Japanese guests at restaurants in the Middle Kingdom are being assaulted for no reason. Japan reported a trade deficit for the third successive month in […]

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I’m Off to the World Series.

Don’t count on me to deliver any brilliant or insightful market commentary early Friday morning. I am going to the second game of the World Series to watch the hometown San Francisco Giants best the Detroit Tigers, and might well be seriously hungover. The match was triggered by San Francisco’s amazing 9-0 over the St. […]

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October 24, 2012 — Quote of the Day.

“The one bright spot during the quarter was that cyanide demand was up,” said Dow Chemical (DOW) in its recent earnings report, according to Reuters News.  

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Don’t Miss the October 24 Global Strategy Webinar.

My next global strategy webinar will be held on Wednesday, October 24 at 12:00 noon EST. I’ll be giving you my updated outlook on stocks, bonds, commodities, currencies, precious metal, and real estate. The goal is to find the cheapest assets in the world to buy, the most expensive to sell short, and the appropriate […]

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Why Oil Can’t Get a Break.

For the past month, oil has been trading like death warmed over. There was every reason to take it through the roof this morning. Tension between Syria and Turkey is escalating, putting at risk a pipeline that delivers 590,000 barrels a day to the European markets. There were riots in Jordan. Yet another car bomb […]

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Testimonial.

I believe in your success rate and the high-quality reporting and advice you provide. I hope my profits will pile up and we can meet to celebrate! My trading has been the opposite of yours for the past gloomy fifteen years. This was mainly due to my gambling weakness that caused me to gun sling […]

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October 23, 2012 — Quote of the Day.

“You now have someone who is the head of the Federal Reserve and the European Central Bank, Ben Bernanke and Mario Draghi, who are stars. It is like having Babe Ruth and Lou Gehrig on your baseball team. They are committed to avoiding a Depression,” said hedge fund legend Ron Baron, chairman of Baron Capital. […]

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A Day in the Life of the Mad Hedge Fund Trader.

Diary Entry for Monday, October 15, 2012 Dear Diary, 4:30 PM Sunday- Thought I’d check my Bloomberg to see how the Asian markets were opening. Wow! Chinese September exports were up 9.9%. That certainly makes the weak August numbers appear to be an anomaly. Could this be the bottom for China? I doubt it. Looks […]

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