May 17, 2011 – European Style Homeland Security

Featured Trades: (EUROPEAN STYLE HOMELAND SECURITY)   4) European Style Homeland Security. The English are feeling the pinch in relation to recent events in Libya, and have therefore raised their security level from “Miffed” to “Peeved.” Soon, though, security levels may be raised yet again to “Irritated” or even “A Bit Cross.” The English have […]

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May 17, 2011 – Quote of the Day

'The investment theme over the last several weeks has changed from 'go global' to 'stay home,' said Ed Yardeni, president of Yardeni Research.

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May 16, 2011 – The Markets Are On a Knife Edge

Featured Trades: (THE MARKETS ARE ON A KNIFE EDGE) 1) The Markets Are On a Knife Edge. All global asset classes are within a hair's breadth of completely breaking down. The S&P 500 sits perilously on its neckline. Just below here there are a ton of sell stops that could pare 5% off the index […]

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May 16, 2011 – The Corn Conundrum

Featured Trades: (THE CORN CONUNDRUM), (JJG), (DBA), (CORN)   2) The Corn Conundrum. In the days of olde, the prices of agricultural commodities were determined by the birds, the bees, and Mother Nature. No more. The Mississippi River basin is suffering once in a century floods, thousands of acres of farmland have been destroyed, and […]

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May 16, 2011 – The Passing of a Great Man

Featured Trades: (THE PASSING OF A GREAT MAN)   3) The Passing of a Great Man. It was with a heavy heart that I boarded a plane for Los Angeles to attend a funeral for Bob, the former scoutmaster of Boy Scout Troop 108. The event brought a convocation of ex-scouts from up and down […]

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May 16, 2011 – Quote of the Day

'The speculative fever seems to have broken. The old adage that the best cure for high commodity prices is high commodity prices is working,' said Ed Yardeni, president of Yardeni Research.

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May 13, 2011 – This Chart Keeps Me Awake at Night

Featured Trades: (THIS CHART KEEPS ME AWAKE AT NIGHT) 2) This Chart Keeps Me Awake at Night. The forest and the trees are the constant dilemma facing traders on hedge fund desks, the exchange floor, the commodities pits, or behind PC's at home. While spending all day focusing intently on the tree in front of […]

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May 13, 2011 – A Review of the Gold Fundamentals

Featured Trades: (A REVIEW OF THE GOLD FUNDAMENTALS), (WORLD GOLD COUNCIL), (GLD), (ABX)   3) A Review of the Gold Fundamentals. With gold crashing through to $1,500 this morning, I thought that I would once against re-examine the fundamentals for the barbarous relic. That is most easily done by reading the Q1 report from the […]

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May 12, 2011 – Trade School

Featured Trades: (TRADE SCHOOL) , (SPY),   1) Trade School. I fielded a lot of questions at yesterday’s Macro Millionaire webinar on how I was able to make so much money with small positions. As of today, the year to date theoretical returns for the model portfolio is 34%, putting it in the top 1% […]

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May 12, 2011 – Give Dr. Copper an A+ for Accuracy

Featured Trades: (COPPER), (CU), (CAT), (FCX)   2) Give Dr. Copper an A+ for Accuracy. No one has been singing louder the praises of the predictive power of copper prices (CU) louder than me this year. They call the red metal 'Dr. Copper' because of its uncanny ability to forecast the future direction of the […]

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May 12, 2011 – Quote of the Day

'Long term, the pressure on commodity prices is only one way, and that is up, said Doug Oberhelman, CEO of Caterpillar (CAT).

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May 11, 2011 – Only Two More Weeks Until The Mad Hedge Fund Trader’s May 20 San Francisco Strategy Luncheon

Featured Trades: (SAN FRANCISCO STRATEGY LUNCHEON)   1) Only Two More Weeks Until The Mad Hedge Fund Trader’s May 20 San Francisco Strategy Luncheon. Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in San Francisco, California on May 20, 2011. A three course lunch […]

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May 11, 2011 – How to Build a Top

Featured Trades: (HOW TO BUILD A TOP), (QQQ), (XLF), (SPX)   2) How to Build a Top. Yes, we are all in the instant gratification business. We all want to ride an uptrend for nine months, sell at the top tick, and stay short for the entire four month selloff that ensues. In real life, […]

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May 11, 2011 – From Bad to Worse for the Euro

Featured Trades: (FROM BAD TO WORSE FOR THE EURO), (FXE), (EUO), (UUP)   3) From Bad to Worse for the Euro. I am going to take a profit here in my short position in the euro by selling my (FXE) September, 2011 $145 puts. I don't double my capital in two days very often. When […]

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May 11, 2011 – Quote of the Day

'Bond people are half-empty people and equity people are half-full people. It's like the pessimist versus the optimist; the cold front and the warm front rotating. You get thunderstorms,' said Bill Gross, managing director at bond giant, PIMCO.

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