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June 17, 2010 – Here Comes the “Bathtub” Economy

Featured Trades: (THE ECONOMY) 2) Here Comes the ‘Bathtub’ Economy. Goldman Sachs’ chief US economist, Jan Hatzius, can articulate my own view of the economy better than I can, so I will just repeat what he said yesterday. The boost the economy received from an inventory rebuild is now over, and the best we can […]

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June 17, 2010 – Learning to Love Hedge Funds

Featured Trades: (HEDGE FUNDS) 3) Learning to Love Hedge Funds. The Wall Street Journal has put together the best history of hedge funds I have found so far. They start with the legendary Fortune Magazine editor, Winslow Jones, who created the first fund out of a shabby office on Broadway in 1948, and generated monster […]

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June 17, 2010 – Quote of the Day

'You don't want to give the manager of a nuclear power plant an incentive bonus,' said Nassim Taleb, author of the highly controversial book, The Black Swan.

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June 16, 2010 – A Poolside Report on the Las Vegas City Center

  Featured Trades: (LAS VEGAS CITY CENTER), (MGM)   1) A Poolside Report on City Center. I write this to you from my poolside cabana at the Aria at City Center, the newest and hottest hotel in Las Vegas, against a background of blaring rock music and helicopters buzzing overhead every five minutes. It’s amazing […]

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June 16, 2010 – Grains See the Light at the End of the Tunnel

Featured Trades: (CORN) Teucrium Agricultural Trust Corn Fund 2) Grains See the Light at the End of the Tunnel. I am a huge long term bull on the grains, but abandoned my trading call in January when the USDA published a spectacularly bullish forecast for most crops for 2010. Not only were plantings up, so […]

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June 16, 2010 – Where is the Gulf Oil Going Next?

Featured Trades: (BP), (RIG) 3) Where is the Gulf Oil Going Next? The National Center for Atmospheric Research has posted a nifty video on their website projecting the route of the British Petroleum's (BP) oil spill for the next six months. The good news: much of the oil will miss the Gulf Coast. The bad […]

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June 16, 2010 – Coffee Perks Up

Featured Trades:  (VNM), (IDX), (JO) iPath Dow Jones-AJG Coffee Total Return Sub-Index ETN 4) Coffee Perks Up.  Coffee prices rocketed to a seven month high last week after the International Coffee Organization published a report predicting a serious decline in global supplies this year. Exports from Vietnam (VNM), the world’s largest supplier of low grade […]

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June 16, 2010 – Quote of the Day

'A rolling loan gathers no loss,' said Steve Joyce, CEO of Choice Hotels.

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June 15, 2010 – The Mad Hedge Fund Trader Interviews Vivian Lewis of Global Investing on Hedge Fund Radio

The Mad Hedge Fund Trader Interviews Vivian Lewis.

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June 15, 2010 – Is This Currency Making a Top?

Featured Trades: (YCS) 2) Is This Currency Making a Top? As I am a fundamental guy, I don’t normally pay attention to technical analysis mumbo jumbo, except when the conclusions are screamingly obvious. I may be wrong, but isn’t there a head and shoulder’s top setting up of the yen chart below? If Charles Nenner […]

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June 15, 2010 – A Humorous and Worthwhile Read

Featured Trades: (TOM STANDAGE) 3) A Humorous and Worthwhile Read. I have just finished leisurely reading Tom Standage's book The Victorian Internet: The Remarkable Story of the Telegraph and the Nineteenth Century On-Line Pioneers. Standage discusses the creation and development of the telegraph system and how it revolutionized communication in the nineteenth century. The book […]

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June 11, 2010 – Don’t Get Sucked Into the Bond Bubble Either

Featured Trades: (SHY), (TUZ), (TBT) PIMCO 1-3 Year U.S. Treasury Index Fund ETF ProShares Ultra Short Lehman 20+ Year Treasury ETF 4) Don't Get Sucked Into the Bond Bubble Either. I hate to see retail investors buy bubble tops because they work so hard for their money, it's a pity to see it all disappear […]

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June 15, 2010 – Quote of the Day

'If you have a need for control, it's very tough to go into the market right now,' said Vivian Lewis, the publisher of Global Investing.

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June 14, 2010 – 2010 Asset Allocation Review

I am feeling pretty good about my New Year call, which I sent to you on January 4, so I am sending them to you again. As long as you kept trailing stops on you longs, you did great. My controversial call on the economy is proving coming to fruition. The big miss was in […]

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June 11, 2010 – Hedge Funds Crash in May

Featured Trades: Technology Select Sector SPDR ETF PowerShares QQQ Trust ETF   1) Hedge Funds Crash in May. Hedge funds suffered a disastrous month in May, showing an average 3% decline in net asset values, and some funds like Eddie Lampert’s ESL Investments got clocked for a 15% loss. If you had to describe the […]

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