Why Don’t we try Chinese Style Securities Regulation?

Former stock trader, Yang Yanming, was recently executed by lethal injection for embezzling $9.52 million from Galaxy Securities during 1997 to 2003. The move was part of a broader effort by the Mandarins in Beijing to crack down on rampant corruption in the securities industry. Yanming never revealed where the money went, according to the […]

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The Bull Market in Mustangs

The Western US has found a new wrinkle in the housing collapse, where homeowners are desperately struggling to cut living costs to meet the next doubling of their adjustable rate mortgage payments on their underwater houses. Raising horses can cost more than children, so Nevadans are turning them loose to join herds of wild mustangs, […]

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December 19, 2011 – Quote of the Day

“It amazes me how quickly amnesia sets in,” said Stephen Crawford, former co-president of Morgan Stanley, about the willingness of hedge funds to re-leverage positions in these conditions.

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A Thank You From The Mad Hedge Fund Trader.

I am calling it quits for the year. And what a year it has been. Over 26 trips and 40 speaking engagements in 20 countries, I managed to log 75,000 flight miles, a distance of roughly three times around the world. Some 250,000 frequent flier miles were posted to my various accounts. Whenever I board […]

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Throwing in the Towel on the (TBT)

I am throwing in the towel on the (TBT) ETF, my 200% leveraged bet that Treasury bonds will fall. I am doing this partly to clear out the dogs from my portfolio so I can start the New Year with a 100% cash position. But I am also bailing because the short term fundamentals point […]

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Where’s the Money?

That is the question that was asked repeatedly by members of congress to the former senior management of the late MF Global. The response was a few feeble shrugs and I don’t knows. CNBC has been running ridiculous contests like “Where is John Corzine?”, and “What does John Corzine want for Christmas?” The reporting on […]

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December 15, 2011 – Quote of the Day

“You ever wonder why fund managers can’t beat the S&P 500? It’s because they’re sheep,” said Gordon Gecko in the classic film, Wall Street.

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Trade Alert Update- (TBT) December 14, 2011

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 – (TBT) December 14, 2011

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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Angela Merkel Torpedoes the Euro

The Euro hit my yearend target today after a two cent plunge sent it down to the $1.29 handle. You can thank German Chancellor, Angela Merkel, who in the strongest possible terms, said there was no way she would consent to an increase in the size of the European bailout package. It didn’t help that […]

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Cross Market Correlations Are Breaking Down

Today was a real head scratcher for long time market observers, including myself. Cross market correlations that have served me so well this year are breaking down, and their predictive power has suddenly gone blind. I blame this on the liquidity drought that has plagued the market since the beginning of the month that has […]

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Testimonial

I’m only 45 days into “Macro Millionaire” and I wanted to drop a note to say thank you. As a relatively novice trader, your perspective, analysis and trade alerts have given me the tools to show a 96% return so far. They’ve been a result of my taking additional risk with your ideas. You have […]

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December 14, 2011 – Quote of the Day

“We should thank Meredith Whitney for creating a buying opportunity in municipal bonds,” said Aaron Gurwitz, CIO and chief strategist at Barclays  Wealth Management.

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Silver Turns to Lead

I have to tell you that I am not feeling the love from my silver position. I hung on faithfully for a month while the (SLV) churned around the 50 day moving average, building a base for a possible upside breakout. It was not to be. With another “RISK OFF” day on our plate this […]

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California’s War Against Millionaires

With the onset of the 2012 elections in a few weeks, the class warfare against the millionaires is about to start in earnest. In California, the issue has already been decided, and the millionaires have definitely lost. On the November ballot will be no less than five measures to raise taxes on high income earners, […]

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