September 22, 2011 – Do the Ratings Agencies Need New Typists?

Featured Trades: (DO THE RATINGS AGENCIES NEED NEW TYPISTS?), (TLT), (BAC), (C) 3) 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 […]

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September 22, 2011 – Quote of the Day

'The next phase in the development of China is the empowerment of the consumer. That is happening as we speak. The Chinese consumer is in much better shape than the American consumer,' said Daniel J. Arbess of Xerion Capital Partners.

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September 21, 2011 – Orlando November 10 Strategy Luncheon

Featured Trades: (NOVEMBER 10 STRATEGY LUNCHEON)   1) Orlando November 10 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 10, 2011. An excellent meal will be followed by a wide ranging discussion and an open ended […]

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September 21, 2011 – Macro Millionaire Punches Through to New All Time High

Featured Trades: (MACRO MILLIONAIRE PUNCHES THROUGH TO NEW ALL TIME HIGH), (SPY), (USO), (FXE), (FXF), (GLD), (IWM), (BAC)   2) Macro Millionaire Punches Through to New All Time High. Macro Millionaire, my innovative trade mentoring program, punched through to a new year to date return of 39.15%. Suring the same time period, which began on […]

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September 21, 2011 – IMF Rings the Alarm for the Global Economy

Featured Trades: (IMF RINGS THE ALARM FOR THE GLOBAL ECONOMY) 3) IMF Rings the Alarm for the Global Economy. The International Monetary Fund just substantially revised down their growth outlook for 2012, saying that the global economy has entered a 'dangerous new phase.' Specifically, the world was cut from GDP growth of 4.5% to 4%, […]

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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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