March 2, 2011 – Investors Will Win the ETF Price War

SPECIAL END OF THE MUTUAL FUND ISSUE Featured Trades: (ETF PRICE WAR) 1) Investors Will Win the ETF Price War. Many hedge fund traders are unhappy about the current near monopoly enjoyed by the top three ETF issuers, Black Rock, State Street, and Vanguard, which control 83% of the market. At last count more than […]

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March 2, 2011 – The 'New Normal' Calls for a Lower Market Multiple Range

SPECIAL END OF THE MUTUAL FUND ISSUE Featured Trades: (PE MULTIPLES IN THE NEW NORMAL)   2) The 'New Normal' Calls for a Lower Market Multiple Range. I am getting tired of the endless procession of perma bulls who keep insisting that, at a 15 times multiple, the S&P 500 is cheap. The last time […]

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March 2, 2011 – Bidding for the Stars

SPECIAL END OF THE MUTUAL FUND ISSUE Featured Trades: (BIDDING FOR THE STARS)   3) Bidding for the Stars. A few years ago, I went to a charity fund raiser at San Francisco’s priciest jewelry store, Shreve & Co., where the well-heeled men bid for dates with the local high society beauties, dripping in diamonds […]

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March 2, 2011 – The Death of the Mutual Fund

SPECIAL END OF THE MUTUAL FUND ISSUE Featured Trades: (DEATH OF THE MUTUAL FUND)   4) The Death of the Mutual Fund. ETF’s are much more attractive than mutual fund competitors, with their notoriously bloated expenses and spendthrift marketing costs. You can’t miss those glitzy, overproduced, big budget ads on TV for a multitude of […]

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March 2, 2011 – Quote of the Day

'Bankers will get away with whatever they can get away with'¦Our banking system is socially useless,' said an oversight body in the United Kingdom.  

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February 28, 2011 – My Take on the Euro

Featured Trades: (MY TAKE ON THE EURO), (FXE), (SPY)   1) My Take on the Euro. Entering 2011 as the currency that everyone loved to hate, the Euro has staged a dramatic comeback, much to the chagrin of hedge fund managers and traders alike. Since January, the troubled currency has rallied ten cents from $1.28 […]

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February 28, 2011 – Who the Oil Crisis Hurts Most

Featured Trades: (WHO THE OIL CRISIS HURTS MOST)   2) Who the Oil Crisis Hurts Most. Every time the price of oil spikes, we learn vast amounts of information about the global reach of this indispensable commodity. It's like taking a non-core elective in geology at college. So I was fascinated when I found the […]

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February 28, 2011 – Goldcorp Coins it in the Gold Trade

Featured Trades: (GOLDCORP COINS IT IN THE GOLD TRADE)   3) Goldcorp Coins it in the Gold Trade. I managed to touch base with Canadian miner Goldcorp’s CEO, Charles Jeannes, who’s stock I have been shamelessly pushing for the last three years (click here). When I last spoke to him two and a half years […]

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February 28, 2011 – Quote of the Day

'He who lives upon hope will die fasting,' said Benjamin Franklin.

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February 25, 2011 – My Victory Lap on Oil

(SPECIAL $100 OIL ISSUE) Featured Trades: (MY VICTORY LAP ON OIL)   2) My Victory Lap on Oil. One of the boldest predictions that I made in my January 6 asset class forecast for 2011 was that oil would soon hit $100/barrel (click here for the link). My precise words were ‘Probably $30 of the […]

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February 25, 2011 – The True Cost of Oil

(SPECIAL $100 OIL ISSUE) Featured Trades: (THE TRUE COST OF OIL)   3) The True Cost of Oil. I received some questions on my recent solar pieces as to whether I minded paying more money for ‘green’ power. My answer is ‘hell no,’ and I’ll tell you why. My annual electric bill comes to $1,500 […]

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February 24, 2011 – The True Cost of High Oil

Featured Trades: (THE TRUE COST OF HIGH OIL), (OIL), (USO) 1) The True Cost of High Oil. Economists are furiously downsizing their economic growth forecasts for 2011 in the wake of the oil price spike, both for the US and for the world at large. Since last week, West Texas crude prices have soared $12 […]

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February 24, 2011 – How Far Will the Market Fall?

Featured Trades: (HOW FAR WILL THE MARKETS FALL?), (VIX), (SPX), (SPY)   2) How Far Will the Market Fall? Now that we are solidly in 'RISK OFF' mode, traders, managers, and investors are asking how much downside we are looking at. It is safe to say that those who were piling on longs with reckless […]

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February 24, 2011 – Quote of the Day

'China has been doing everything right for the last ten years. Our government is made up of 'C' students that were political science majors, whereas, the Chinese government is made up of PhD's that were educated at Cambridge and Harvard,' said one Washington observer.

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February 23, 2011 – The Mad Hedge Fund Trader’s April 28 Phoenix Luncheon

Featured Trades: (PHOENIX STRATEGY LUNCHEON)   1) The Mad Hedge Fund Trader’s April 28 Phoenix Luncheon. Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Phoenix, Arizona on Thursday, April 28, 2011. A three course lunch will be followed by a 45 minute PowerPoint […]

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