Apple Redux

The news out this morning that Apple (AAPL) may launch its HD television product in time for the Christmas holidays caused a nice pop in the stock this morning, so I thought I would quickly review the fundamental case behind owning the company. The story originated from rumors in China that its main manufacturer, Foxcon, […]

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Time to Buy JP Morgan

This is far and away the world’s premier banking institution. Estimates of the huge trading losses by the London “whale”, initially pegged at $2 billion, have since skyrocketed to $6 billion. I’ll ignore the Internet rumors that speculate about a $30 billion hickey. As you well know, almost everything on the net is not true, […]

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May 30, 2012 – Quote of the Day

“A lot of new economics involves the reading of a lot of old books,” said Nobel Prize winning economist Paul Krugman.

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Trade Alert – (JPM) May 29, 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 Hot…and Not

My friend, Tom Dorsey of the technical research boutique Dorsey Wright, inundates me daily with a never ending stream of market sensitive data which has been helping me make some of my more successful market calls. For example, when the S & P 500 hundred broke 1,380 in April, he completely nailed the 1,280 bottom […]

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Playing at the Deep End With the Euro

I never wanted to join any club that would have me as a member. That is the little nugget of wisdom comedian Groucho Marx imparted to me during his visit to the UCLA campus 40 years ago. It is also what came to mind when I saw the shocking Commitment of Traders Report for Euro […]

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A Tribute to a True Veteran

Yesterday was Memorial Day, so I put on my faded Marine Corp fatigues and railroad track bars and lead the home town’s Veteran’s Day parade, calling cadence all the way. So I thought it would be a good day to tell you the story of my Uncle Mitch. Since job prospects for high school graduates […]

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May 29, 2012 – Quote of the Day

“Europe has been diagnosed with cancer and they are attempting to treat it with massage, yoga, and carrot juice. If they go into recession, that affects us,” said Michael Farr of Farr, Miller, & Washington.

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Trade Alert – (FXY) May 25, 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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Trade Alert – (HPQ) May 25, 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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My Tactical View of the Market

The easy money has been made on the short side this year for a whole range of asset classes. While we will probably see lower lows from here, the risk/reward ratio for taking short positions in (SPX), (IWM), (FXE), (FXY), (GLD), (SLV), (USO), and (CU) are less favorable than they were two months ago. Of […]

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Get Your New Global Trading Dispatch Password

Paid up subscribers to Global Trading Dispatch and the Diary of a Mad Hedge Fund Trader newsletter are entitled to a password that gives them access to my premium content. Without it you will be unable to access the best parts of the new website, including my daily real time trading portfolio, trade alert tutorial […]

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May 25, 2012 – Quote of the Day

“I would love it if they only allowed me and a whole bunch of psychotic drunks to trade in stocks. I would get very rich,” said Oracle of Omaha, Warren Buffett, about the European debt crisis.

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Dinner With Nobel Prize Winner Paul Krugman

The first thing I noticed when Paul walked in was the few extra pounds and silvery tinge to his hair he acquired since I saw him last. He’s clearly spending too much time behind a computer writing those acidic columns for the New York Times. We’re all short dated options in the end, I thought. […]

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May 24, 2012 – Quote of the Day

“Green pictures of dead presidents suddenly have a lot of appeal,” said Art Cashin of UBS Securities.

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