'Housing could be the first of the double dips,' said Art Cashin of UBS.
Featured Trades: (FXA), (EWA), (AUSSIE/EURO CROSS) 1) Take a Second Visit to the Trough on the Australian Dollar. Many readers made a killing last February when I recommended that they buy Australian dollars and short the euro and the yen against it (click here for the call). The outright Aussie/US Dollar (FXA) jumped from […]
Featured Trades: (AFRICA), (AFK), (GAF) 2) Make Your Next Killing in Africa. Feel like investing in a state sponsor of terrorism? How about a country whose leaders have stolen $400 billion in the last decade and has seen 300 foreign workers kidnapped? Another country lost four wars in the last 40 years. Still interested? How […]
Featured Trades: (TESLA MOTORS S-1), (TM) 3) The Electric Car Stakes Heat Up. Civic boosters in Fremont, California were apoplectic with joy over the weekend on news that a new Tesla Motors-Toyota joint venture would build its all-electric ‘S-model’ there. The $50,000 Tesla sedan will be built at the old NUMMI plant, a Toyota-GM venture […]
Featured Trades: (SILVER BUFFALO) 4) Looking for that Ultimate Graduation Gift? I know many of you geezers are as old as me, or worse, which means you may have some graduation ceremonies to attend this month and next, and are wracking your brains for the appropriate gift. Rather than give that gas guzzling clunker in […]
'Trying to ascertain where the price of oil is going right now is akin to screaming at a set of dice,' said Stephen Schork of The Schork Report
Featured Trades: (AAPL), (GS), (YCS), (TBT) 1) Welcome Back to Earth. Thank you! Thank you, Mr. Market, for finally coming to your senses. It’s about time that you kicked your ecstasy habit and quit listening to lemmings for your financial advice and started paying attention to those suspicious, odiferous lumps that have been swept […]
Featured Trades: (GOOG), (BIDU) 2)Why I’m Not Buying Google on this Dip. You would think that I’d be pounding the table getting you to buy the dominant Internet search engine after its shocking $160 (25%) fall this year, but you would be wrong. Basically, Google blew China, far and away the largest generator of world […]
Featured Trades: (FINANCIAL REGULATION BILL) 3) Welcome to Financial Reform Light. Banking industry lobbyists were popping the Champaign bottles in Washington yesterday, as a greatly weakened and enfeebled financial reform bill stumbled across the finish line, coughing and wheezing all the way. It is, of course, a massive bill, which seems to leave no corner […]
'Nobody has any visibility beyond the next five minutes,' said Boris Schlossberg at BK Forex Advisor.
(SPECIAL ‘MARGIN CALL’ ISSUE) Featured Trades: (USO), (EEM), (SLV), (PPLT), (PALL), (JNK), (YCS), (FXE), (FXB), (FXA), (FXC), (VIX), (SPX) 1) Watch Out for the ‘Anti-Growth’ Trade! Now that most big hedge funds have completed their race to get neutral, they are holding raucous in-house debates over placing size bets on a double dip recession. […]
(SPECIAL ‘MARGIN CALL’ ISSUE) Featured Trades: (SLV), (PALL), (SPX) 2) Why There is No Place to Hide in This Sell Off. After watching silver (SLV) and palladium (PALL) get absolutely creamed today, I just want to reiterate my warning (click here ) the market now has vastly higher levels of risk, that there will be […]
(SPECIAL 'MARGIN CALL' ISSUE) Featured Trades: (EURO) 3) Why the Euro Crisis Could Go On for Five Years. You often hear the expression that a camel is a horse designed by a committee. The dromedary that the European Central Bank has is spitting mean and ill tempered. Europe does not have one guy like Ben […]
(SPECIAL 'MARGIN CALL' ISSUE) Featured Trades: (THE PACIFIC) 4) Recollections of a Marine. As the son of a Marine who served on Guadalcanal in 1942, I had an unusual childhood. The memories all came flooding back to me as the HBO program, The Pacific, came to its conclusion this week. Every scene in the ten […]
'Central Banks are sewing gold into their lapels,' said Philip Gotthelf, president of Equidex, a foreign exchange dealer
Diary of Mad Hedge Fund Trader
Welcome to the Mad Hedge Fund Trader’s blog. Here you will find posts every day about the current state of the economy and market trends. This is also the place where John’s upcoming events, new podcasts and book recommendations are announced. Please subscribe to receive new posts in your email inbox.
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