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Author Archive | Mad Hedge Fund Trader

September 21, 2011 – Apple's Next Stop: $1,000

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 […]

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September 21, 2011 – Quote of the Day

'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 […]

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September 20, 2011 – Traders Are ‘Lost’ With the Economic Data

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 […]

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September 19, 2011 – Bill Ackman’s Hong Kong Dollar Play

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 […]

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September 19, 2011 – Quote of the Day

'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 […]

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September 16, 2011 – Watch Out for Those Dinosaur Turds

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 […]

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September 16, 2011 – Testimonial

4) Testimonial.  I am a 25 year veteran of the financial industry and run one of the largest wealth management teams at one of the largest banks in the country.  This is my second time subscribing, I’m always looking for good ideas.  My man, you are a freak. If this were a few hundred years […]

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September 16, 2011 – Quote of the Day

'There's no retail inflows. The hedge fund community has derisked. So the algorithm based, high frequency traders have taken up the slack, and are now responsible for 70% of the total trading activity in the market every day. It's a very difficult environment to create alpha, or excess returns in. Are your clients frustrated?

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September 15, 2011 – Buy the Dip in Corn

Featured Trades: (BUY THE DIP IN CORN), (CORN), (DBA), (JJG) 1) Buy the Dip in Corn. The US Department of Agriculture released its monthly crop report on Monday, underlining the tremendously bullish conditions for corn, which I have been harping away about in this letter for months. What did the markets do? They sold off, […]

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September 15, 2011 – Selling Oil Again for a Hedge

Featured Trades: (SELLING OIL AGAIN FOR A HEDGE), (USO) 2) Selling Oil Again for a Hedge. With oil having bounced $5.50 over the last couple of days, I am going to flip back to the short side for several reasons, not all of which have to do with Texas tea. The trigger was oil's failure […]

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September 14, 2011 – Trading Shifts to the Forex Market

Featured Trades: (TRADING SHIFTS TO THE FOREIGN EXCHANGE MARKET) 2) Trading Shifts to the Forex Market. Those of us who have been in the business for four decades have been overwhelmed by the growth of the foreign exchange business. Since the late sixties, it has grown from a handful of low level clerks speaking on […]

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September 14, 2011 – The Technical/Fundamental Tug of War: Who Will Win?

Featured Trades: (THE TECHNICAL/FUNDAMENTAL TUG OF WAR: WHO WILL WIN?) 3) The Technical/Fundamental Tug of War: Who Will Win? For the last few weeks, I have had two groups of analysts screaming in my ears. Fundamental researchers are asserting that at $100 per share in earnings, generating a price earnings multiple of 11.5, stocks are […]

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September 14, 2011 – What's On the Menu?

Featured Trades: (WHAT'S ON THE MENU?) (FXE), (EURO), (UUP), (GLD)   4) What's On the Menu? I am posting these charts below from a variety of sources outlining some trades that I may execute in the near future. Call it my 'short watch list'. Look at the two longer term charts for gold, which seems […]

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September 14, 2011 – Quote of the Day

‘The stupid market cliche 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 […]

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September 13, 2011 – My Take on the 2012 Presidential Election

Featured Trades: (MY TAKE ON THE 2012 PRESIDENTIAL ELECTION) 1) My Take on the 2012 Presidential Election. As I write this, I am sitting at the San Francisco consulate of the People's Republic of China, awaiting the issuance of my business visa. Since I will soon be in the neighborhood, I plan to interview some […]

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