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June 9, 2010 – Quote of the Day

'Technical analysis'¦.has exactly the same scientific validity as pretending you are a witch and forecasting market moves from chicken droppings,' said humorist, Scott Adams, of Dilbert fame.

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June 7, 2010 – Technical Analyst to the Stars, Charles Nenner, Says the Market Won’t Crash Until the Fall on Hedge Fund Radio

The Mad Hedge Fund Trader Interviews technical Analyst, Charles Nenner, who says the Market Won't Crash Until the Fall.

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June 7, 2010 – Quote of the Day 1

''Free choice is not relevant in financial markets because there are too many players. A stock with a million holders is much more predictable than one with five,' said Charles Nenner, of Charles Nenner Research in Amsterdam.

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June 7, 2010 – Where's the Beef?

Featured Trades: (MAY NONFARM PAYROLL) 1) Where's the Beef? That was the thorny question wracking the brains of investors Friday morning on the heels of the hugely disappointing nonfarm payroll report showing that 430,000 jobs were gained in May. Never mind that this was the best report in several years. The problem arises when you […]

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June 7, 2010 – My Favorite Secret Economic Indicator

Featured Trades: (U-HAUL) 2) My Favorite Secret Economic Indicator. It is the end of the school year at the University of California at Berkeley, and the unenviable task of moving my son, a junior, out of his hovel for the summer fell to me. When I arrived, I was stunned to find nothing less than […]

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June 7, 2010 – The Worst Trade in History

Featured Trades: (THE WORST TRADE IN HISTORY), (AAPL) 4) The Worst Trade in History. Say you owned 10% of Apple (AAPL) and you sold it for $800 in 1976. What would that stake be worth today? Try $22 billion. That is the harsh reality that Ron Wayne, 76, faces every morning when he wakes up, […]

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June 7, 2010 – Quote of the Day 2

'V-shaped recoveries don't have months where we recover only 40,000 jobs,' said Dan Greenhouse, chief economist at bond house Miller Tabak.

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June 4, 2010 – British Petroleum: The Nuclear Option

Featured Trades: (BP), (THE NUCLEAR OPTION)   1) British Petroleum: The Nuclear Option. I have never been able to use my talents both as a securities analyst and a nuclear weapons designer simultaneously, but British Petroleum (BP) has at last enabled me to rise to the call. Back before personal computers, the Internet, and hedge […]

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June 4, 2010 – The May ETF Score Card

Featured Trades: (EDV), (SDS), (UUP), (TBT) Canada iShares Trust ETF Currency Shares Canadian Dollar Trust ETF iPath S&P 500 VIX Short-Term Futures ETN ProShares Ultra Short S&P 500 ETF Vanguard Extended Duration ETF PowerShares DB US Dollar Index Bullish Fund 2) The May ETF Score Card. I always find it useful to review the best […]

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June 4, 2010 – The Loonie Takes Flight On Bank of Canada Move

Featured Trades: (CANADA), (FXC), (EWC) Canada iShares Trust ETF Currency Shares Canadian Dollar Trust ETF 3) The Loonie Takes Flight On Bank of Canada Move. The Bank of Canada finally raised interest rates yesterday, the first G-7 country to do so, taking the overnight rate up 0.25% to 0.5%.  The central bank said it took […]

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June 4, 2010 – The Best Financial Book Ever

Featured Trades: (THE ASCENT OF MONEY) 4) The Best Financial Book Ever. I have just finished reading the best financial book ever, and I have read most of them. It is The Ascent of Money: A Financial History of the World by Harvard professor Niall Ferguson. It gives you a great explanation of how the […]

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June 4, 2010 – Quote of the Day

'We've seen the S&P 500 drop 50% twice in the last decade. That is the new normal', said Richard Kang of Emerging Global Advisors.

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June 3, 2010 – The Yen Short is Back in Play

Featured Trades: (YCS) ProShares Ultra Short Yen ETF 1) The Yen Short is Back in Play. The surprise resignation last night of Japanese Prime Minister, Yukio Hatoyama, has suddenly thrust my yen short back into the limelight. Coming in on a landslide only eight months ago, the hapless leader of the left of center Democratic […]

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June 3, 2010 – Apple’s Next Stop: $1,000

Featured Trades: (AAPL), (MSFT) 2) Apple's Next Stop: $1,000. When I took a young, cocky, long haired, Levis wearing Steve Jobs around to meet Morgan Stanley's institutional investors to pitch an Apple share offering 28 years ago, I vowed never to buy anything from the man. He was such a great salesman, and possessed such […]

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June 3, 2010 – The New California Gold Rush

Featured Trades: (GOLD), (GLD) Spider Gold Trust Shares ETF 3) The New California Gold Rush. The gold rush is back on in California. On my way back from Lake Tahoe recently, I saw that every bend of the American river was dotted with hopeful amateur miners, looking to make a windfall fortune. Weekend hobbyists were […]

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