October 4, 2012 — Quote of the Day.

“U.S. equities have been strong this year because the fundamentals of U.S. business, technology, innovation, improving productivity, are enough to justify most of the gains we have seen”, said Jim McCaughan, president of global asset management for Principal Financial Group.  

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Win a Free Renewal to Global Trading Dispatch.

I am looking to hear from the readers who have enjoyed the most profitable trading experience following my Trade Alerts in 2012. I am interested in learning about the specific trades you placed, the amount of money you made, and how the service has enhanced your trading experience. The winner will receive a free one […]

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Ready to Take Some Pain?

Look at the chart below and it is clear that Ben Bernanke’s announcement of QE3 triggered a classic “Buy the rumor, sell the news” type reaction in the market. The market rose for literally a few hours after the epoch-making announcement. After that, it has been all slow grind and chop sideways. Are we setting […]

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October 3, 2012 — Quote of the Day.

“The word is now that they are going to keep their foot on the accelerator well into the recovery. Not only are they wishing for high inflation, they are targeting high inflation,” said my friend Mohamed El-Erian, CEO of bond giant PIMCO.

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Report From Las Vegas.

I am writing you from the poolside cabana B-2 at the Bellagio Hotel in Las Vegas. It is 90 degrees in the shade and the air is bone- dry, so I’m on my third banana daiquiri for the day. I can relax here these days. The days when I risked getting my hands broken with […]

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October 2, 2012 — Quote of the Day

“Gold is my cash. Over the long term it is not the best investment. But when you are having a monetary crisis it should be part of every portfolio,” said hedge fund legend, Ray Dalio of Bridgewater Associates.

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Trade Alert -(AAPL) October 1, 2012

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.

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What’s Going on With Google?

Google has not launched any sexy, new, must-have products. There have been no substantial software upgrades, but their stock has risen a blistering 36% since its June bottom — even outperforming idolized Apple (AAPL) by a large margin. What gives? Scanning the current research on Sergei Brin and Larry Page’s start-up won’t do you any […]

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Gold is Breaking out to the Upside.

Look at the $25 move in gold today, and it’s clear that an upside breakout is imminent. It made this move on a whisper of a rumor about a speculation that China may take out an eyedropper and tickle their economy with a few more drops of stimulus. This is proof positive of how sensitive […]

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October 1, 2012 — Quote of the Day.

“Quantitative easing is the new interest rate,” said hedge fund legend, Ray Dalio of Bridgewater Associates.  

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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 “A” to junk until four years later. Then in August, 2011, Standard and Poor’s downgraded U.S. Treasury bonds. After that, […]

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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. Bill Ackman, of Pershing Square Capital Management fame, has come up with his own variation, that of piling on a leveraged long in the […]

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Watch Out For Those Dinosaur Turds

The dinosaur bone market has crunched. Once a favorite collectible 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 bid of $1 million. Even prices for fossilized dinosaur excrement, a popular niche market, have gone […]

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September 28, 2012 — Quote of the Day

“Buy and hold is unfortunately completely out the door. People have to be more active than ever before. It is going to be very difficult for individual investors. You are going to end up with a return of 5% or so best case.” said Jeffrey Gundlach, CEO of fixed income manager Doubleline.

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SOLD OUT — October 19, 2012 Washington DC Strategy Luncheon

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Washington DC at noon on Friday, October 19, 2012. A three course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up-to-date view on […]

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