Trade Alert – (SPY) Update – January 12, 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.

Read full story Comments are closed

Trade Alert – (SDS) – January 12, 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.

Read full story Comments are closed

Trade Alert – (SPY) January 12, 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.

Read full story Comments are closed

Welcome to Nosebleed Territory

When climbing peaks in the Alps, the High Sierras, or the Himalayas, you know you’re getting close to the top when the air becomes thin, it is difficult to breathe, and your nose suddenly starts to bleed. I remember trying to smoke a cigarette at 20,000 feet on Mount Everest. If you didn’t keep puffing […]

Read full story Comments are closed

The Muni Bond Myth

Have I seen this movie before? Three years ago, analysts were predicting default rates as high as 17% for Junk bonds in the wake of the financial meltdown, taking yields on individual issues up to 25%. Liquidity in the market vaporized, and huge volumes of unsold paper overhung the market. To me, this was an […]

Read full story Comments are closed

January 12, 2012 – Quote of the Day

“2012 will be the third year of living dangerously,” said Ed Yardeni of Yardeni  Research.

Read full story Comments are closed

Take a Look at Futures Magazine

Some people will do anything for a good stock tip. Futures magazine, published a complimentary profile about me in their recent issue. The publication is associated with the highly educational and informative annual Hard Asset Conferences in New York, San Francisco, and soon to be Chicago, where I have been a regular keynote speaker and […]

Read full story Comments are closed

Watch Out for the Jobs Trap

There is no doubt that the recent jobs data has been absolutely blistering. On January 4, weekly jobless claims plunged by 15,000 to 372,000, well below the 400,000 that is required for a sustainable recovery. The next day, the ADP report delivered a gob smacking 325,000 in job gains for December. Then the big kahuna […]

Read full story Comments are closed

Watch Those Monetary Aggregates!

Call me a nerd, but instead of spending my Sundays watching the NFC playoffs, I pour over data analyzing the monetary aggregates. This is so I can gain insights into the future performance of assets classes. What I am seeing these days is not just unusual; it’s bizarre. Call it a double reverse, a Hail […]

Read full story Comments are closed

January 11, 2012 – Quote of the Day

“Housing in terms of price has put in a real bottom. I’m not looking for a housing bull market. We are in the second phase of a housing bear market. But the good news is that we can correct the rest of the way back to the long term trend through time, rather than price […]

Read full story Comments are closed

An Invitation to a Private Briefing from SOUTHCOM Commander General Douglas Fraser

After pulling some strings at the Pentagon, I managed to gain access for readers of The Diary of a Mad Hedge Fund Trader to a briefing from General Douglas Fraser. He is a four star Air Force General who is the commander of US Southern Command (SOUTHCOM), one of nine unified Combatant Commands in the […]

Read full story Comments are closed

Tea With Economist David Hale

Before I left Chicago, I managed to catch up with my old friend, David Hale, for a cup of tea at the city’s prestigious University Club. I have been using David as my de facto global macro economist for decades, and I never miss an opportunity to get his updated views. The challenge is in […]

Read full story Comments are closed

The Flash Crash Risk is Rising

Those who lived through the cataclysmic “flash crash” that occurred precisely at 2:45 pm EST on May 6, 2010, have been dreading a replay ever since. Their worst nightmares may soon be realized. That is when the Dow Index (INDU) dropped a gob smacking 650 points in minutes, wiping out nearly $1 trillion in market […]

Read full story Comments are closed

January 10, 2012 – Quote of the Day

“I looked all over the basement when I was at the White House, and there is no big lever you can throw to make things good again,” said Austin Goolsby, former chairman of the Council of Economic Advisors.  

Read full story Comments are closed

Those Q4 Earnings Reports Will Not Be So Pretty

Traders and investors have grown comfortable with a steady stream of corporate earnings reports. 2011 as a whole may come in as high as $15 a share for the S&P 500. But the gravy train may end starting next week. The number of companies reducing guidance and downshifting expectations is at a three year high. […]

Read full story Comments are closed