Featured Trades: (GLD), (VIX), (TBT), (TBF), (DRR), (FXB) 2) The Most Overcrowded Trades in the Market. The boutique New York stock broker, ConvergEx, produced a list of the five most over crowded trades in the market today. Here they are with my comments: 1) Long gold (GLD): when half of the late night TV advertising […]
'Individuals should be buying a little bit of gold every month forever,' said Marc Faber, publisher of the Gloom, Boom, and Doom Report.
Featured Trades: (TBT), (TBF) 1) Treasury Bonds Are Not for Me. Last week's downward revision to Q4 GDP from 5.9% to 5.6% brings me to reiterate my advice to take profits in your long positions in the TBT, the leveraged short Treasury bond ETF. In the last year, the TBT has achieved seven 10% moves […]
Featured Trades: (FXI), ($SSEC) 2) Time to Sell US Stocks. So with the US stock market up almost every day in March, investors are hanging you by your ankles outside a window on a high floor, threatening to let go unless you increase your allocation to equities. How do you escape from this dire predicament? […]
Featured Trades: (MALCOLM GLADWELL) 3) An Evening With Malcolm Gladwell. I spent an evening with the New Yorker Magazine columnist, Malcolm Gladwell, author of The Tipping Point, Blink, and Outliers, and probably the most prolific publisher of original, consensus challenging ideas today. Half English and half Jamaican, the preeminent challenger of cliches and stereotypes was […]
I enjoy issuing Berkshire stock as much as I relish preparing for a colonoscopy,' said Oracle of Omaha Warren Buffet of Berkshire Hathaway (BRK/A).
Featured Trades: (STRATEGY LUNCH) 1) Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in a number of venues around the country this year. The first two will be held in San Francisco on April 23, and in New York on May 7. A three […]
Featured Trades: (HEDGE FUNDS) 2) Enter the Golden Age for Hedge Funds. I think we are entering a new golden age for hedge funds. I haven't seen as many visible, easy to understand growth differentials since the eighties since the last golden age, when we all made fortunes going long high growth markets and currencies, […]
Featured Trades: (JOHN PETERSEN), (JCI), (XIDE) 3) The Skinny on Batteries With John Petersen. John Petersen is an attorney specializing in venture capital investments in the alternative energy space with Fefer, Petersen & Cie in Berne, Switzerland. He argues that the entire electric car movement is a complete fraud orchestrated by a few big car […]
'Stocks have reached a permanently high plateau,' said Irving Fisher in 1929, one of the founders of the science of economometrics. Fisher lost a $10 million personal fortune in the 96% collapse in the market that ensued.
Featured Trades: (TBT), (TBF) 1) The Days Are Numbered for US Treasury Bonds. I was so busy writing about the collapse of the yen yesterday that I didn’t have a chance to comment on the nearly failed Treasury auction. The government offered $42 billion five year bonds for sale which came in at a surprisingly […]
Featured Trades: (CALIFORNIA), (VCV), (NCP), (NVX) 2) California Muni Bonds Are a Steal Here. The California governor's election is heating up, and the muck slinging is getting hot and heavy. The downside is that front runner Meg Whitman, of EBay fame, has launched such an aggressive, saturating, and negative TV campaign against rival, Steve Poizner, […]
Featured Trades: (TITANIUM), (TIE), (BA) 3) Playing Catch Up With Titanium. One of the many sectors I knew would go up a lot, which I just plain didn't have time to write about, is titanium stocks. But the top titanium producer in the US, Titanium Metals Corporation (TIE), has popped 43% in the past month, […]
'The jobs that we gained over the last two decades were the jobs that led to over consumption, jobs like finance, insurance, real estate, and consumer cyclicals,' said my old buddy, David Gerstenhaber, President of Argonaut Capital Management.
Featured Trades: (YEN), (YCS), (TM), (NSANY), (SNE), (EUROYEN CROSS) 1) Cash in Your Yen Shorts. Paid subscribers who took my advice to clamber into short yen positions at ¥88.5 on March 4 were richly rewarded with a major breakdown in the Japanese currency today to ¥92.5 (click here for the call in my March 5 […]
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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