So You Think They’re Not Watching Your PC?

Computer

Hey! You there, staring at this monitor. This is your PC talking to you. No, not you over there standing in the background. I’m talking to the guy sitting in front of me poking at my keys. Ouch! That one hurt! So you thought no one was watching, did you? Let me set you straight. About a month ago you clicked on a certain website, and I installed myself as a cookie on your … [Read more...]

July 1, 2013

Global Market Comments July 1, 2013 Fiat Lux Featured Trade: (MAD DAY TRADER IS NOW FOR SALE), (AUGUST 1 MYKONOS, GREECE STRATEGY LUNCHEON), (BE CAREFUL WHO YOU SNITCH ON), (COULD YOU QUALIFY TO BECOME A US CITIZEN?) … [Read more...]

Mad Day Trader is Now for Sale!

I am pleased to announce that the The Mad Day Trader is now for sale, my first major upgrade to your service. While the Global Trading Dispatch focuses on investment over a one week to six-month time frame, Mad Day Trader will exploit money-making opportunities over a ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term … [Read more...]

August 1 Mykonos, Greece Strategy Luncheon

Mykonos

Come join John Thomas for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting on the Greek island of Mykonos in the Aegean Sea on Thursday, August 1, 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, foreign … [Read more...]

Be Careful Who You Snitch On

Sherron Watkins

Buried in the recently passed Dodd-Frank financial reform bill are massive financial rewards for turning in your boss. The SEC is hoping that multimillion dollar rewards amounting to 10%-30% of sanction amounts will drive a stampede of whistle-blowers to their doors with evidence of malfeasance and fraud by their employers. If such rules were in place at the time of the … [Read more...]

Could You Qualify to Become a US Citizen?

Swearing In Citizen

The coming Fourth of July celebration brings back memories of my late wife’s campaign to become an American citizen, who originally came from Japan. Part of the process required a verbal quiz about US history and government. Our family spent a year energetically prepping her, with nightly grilling’s over dinner about the most obscure details of our independent form of … [Read more...]

June 28, 2013

Global Market Comments June 28, 2011 Fiat Lux (NOTICE TO SUBSCRIBERS TAKING OFF FOR EUROPE) … [Read more...]

Taking Off for Europe

Zermatt

My tux and white dinner jacket are packed, the hotels are booked, and the limo is waiting outside. The Cessna is fully fueled and the flight plan filed. I am taking off for my annual European Strategy Luncheon Tour. Along the way I will be meeting with other hedge fund managers, senior government officials, CEO’s at major banks and Fortune 500 companies, large institutional … [Read more...]

June 27, 2013

Global Market Comments June 27, 2013 Fiat Lux Featured Trade: (UPDATED 2013 STRATEGY LUNCHEON SCHEDULE), (THE BITTER MEDICINE FOR THE STATES), (THE FALLING MARKET FOR KIDS), (HOLLYWOOD CASHES IN ON WALL STREET TROUBLES) … [Read more...]

Updated 2013 Summer Strategy Luncheon Schedule

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Updates, which I will be conducting throughout Europe during the summer of 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. … [Read more...]

The Bitter Medicine for the States

US Map

On a map, it appears that the United States is made up of 50 states. The fiscal reality is that we have 20 Portugal’s, 15 Italy’s, 10 Ireland’s, 3 Greece’s, and 2 Spain’s. In the aftermath of the Great Recession, state GDP’s saw the sharpest drop since 1981. States shoveled money out of the economy nearly as fast as the Obama administration shoveled it in. During the bubble, … [Read more...]

The Falling Market for Kids

Kids

Until the 19th century, children used to provide income and security for their parents as they worked on the family farm. That dynamic continued when industrialization brought families into the cities and kids into the factories. Since then, children have been a great short. A hundred years of state mandated education and child labor laws increased the cost of raising … [Read more...]

Hollywood Cashes in on Wall Street’s Troubles

Demi Moore

I have done many things in my life: hedge fund manager, pilot, cowboy, journalist, stockbroker, mountain climber, translator, guide, etc, etc. etc. Now add technical consultant to Hollywood to the list. According to the New York Times, Simon Baker, star of the TV show “The Mentalist”, is using the Diary of a Mad Hedge Fund Trader as a resource to humanize Wall Street traders … [Read more...]

June 26, 2013

Global Market Comments June 26, 2013 Fiat Lux Featured Trade: (JULY 8 LONDON STRATEGY LUNCHEON), (MEET MAD DAY TRADER JIM PARKER AT THE JULY 2 NEW YORK LUNCH), (WHERE THE ECONOMIST "BIG MAC" INDEX FINDS CURRENCY VALUE), (FXF), (FXE), (FXA), (CYB) (ANOTHER MIRACLE FROM TESLA), (TSLA), (SCTY) CurrencyShares Swiss Franc Trust (FXF) CurrencyShares Euro Trust … [Read more...]

July 8 London Strategy Luncheon

Big_Ben_8583a

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in London on Monday, July 8, 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. And to keep … [Read more...]

Meet Mad Day Trader Jim Parker at the July 2 New York Lunch

Cheescake

Jim Parker, who runs our Mad Day Trader Service, will be making a last minute appearance at my New York strategy luncheon on July 2. There you can ask him any questions you want about his new short term trade mentoring program, which goes on sale on Monday. You can buy his service as a stand-alone product for $2,000 per year, or $1,000 as an upgrade to your existing Global … [Read more...]

Where the Economist “Big Mac” Index Finds Currency Value.

mcdonaldsJapan

My former employer, The Economist, once the ever tolerant editor of my flabby, disjointed, and juvenile prose (Thanks Peter and Marjorie), has released its “Big Mac” index of international currency valuations. Although initially launched as a joke three decades ago, I have followed it religiously and found it an amazingly accurate predictor of future economic success. The … [Read more...]

Another Miracle from Tesla

John Thomas

Tesla has announced a new battery swapping service that will enable drivers to get a full charge for their all-electric Model S-1 sedans in 90 seconds. The service will be available at strategically located charging stations around the country, and will cost $60, about the cost of an equivalent full tank of gas. The swap is fully automated. You just drive over a machine and … [Read more...]

July 2 New York Strategy Seminar

Empire State Building

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Seminar, which I will be conducting in New York, NY on Tuesday, July 2, 2013. An excellent three-course lunch will be provided. A PowerPoint presentation will be followed by an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, … [Read more...]

An Urgent Update From The Mad Day Trader

MDT Logo

In these frenetic, violent, take no prisoners markets I managed to grab a few precious minutes with Mad Day Trader, Jim Parker.  Jim uses a dozen proprietary short-term technical and momentum indicators to give some much-needed guidance in these trying times. It’s all about the bond market, says Jim. Sell every rally until proven otherwise. After bottoming this morning at … [Read more...]

June 24, 2013

Global Market Comments June 24, 2013 Fiat Lux Featured Trade: (JUNE 26 GLOBAL STRATEGY WEBINAR), (JULY 12 AMSTERDAM STRATEGY LUNCHEON), (THE BEST FINANCIAL BOOK EVER), (A DAY WITH TOM FRIEDMAN OF THE NEW YORK TIMES) … [Read more...]

Don’t Miss the June 26 Global Strategy Webinar

Robin Williams

My next global strategy webinar will be held on Wednesday, June 26 at 11:00 AM EDT. This one will be open to the public, so login in early to get a space. I’ll be giving you my updated outlook on stocks, bonds, commodities, currencies, precious metal, and real estate. The goal is to find the cheapest assets in the world to buy, the most expensive to sell short, and the … [Read more...]

July 12 Amsterdam Strategy Luncheon

Amsterdam

Come join John Thomas for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Amsterdam, The Netherlands, on Friday, July 12, 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, … [Read more...]

The Best Financial Book Ever

The Ascent of Money

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 broad sweep of history delivered us to the doorstep of today’s crisis. Ferguson starts with an ancient accounting system written on clay tablets in … [Read more...]

A Day with Tom Friedman of the New York Times

John Thomas with Tom Freidman

I took a day off to attend the New York Times Global Forum at San Francisco’s Sony Metreon Center. Their goal was to put together 400 of the most forward thinking and influential minds in the Bay Area, stand back, and see what happened. It was organized by my old friend, fellow traveler, and veteran journalist, Tom Friedman. Tom and I date back to the old days in Beirut, … [Read more...]

June 21, 2013

Global Market Comments June 21, 2013 Fiat Lux Featured Trade: (UPDATED 2013 STRATEGY LUNCHEON SCHEDULE), (THE PROBLEM WITH GM), (GM) (WHY I LOVE/HATE THE OIL COMPANIES), (XOM), (USO), (THE WORST TRADE IN HISTORY), (AAPL) General Motors Company (GM) Exxon Mobil Corporation (XOM) United States Oil (USO) Apple Inc. (AAPL) … [Read more...]

Updated 2013 Strategy Luncheon Schedule

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Updates, which I will be conducting throughout Europe during the summer of 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. … [Read more...]

The Problem With GM

car

Like a heroin addict who just can’t wean himself off of the good stuff, General Motors is going back into subprime lending to finance new auto sales. Although the much-diminished company has made great strides at reforming its errant ways, they still do not understand their fundamental problem. My dad was a lifetime GM customer, religiously buying a new Oldsmobile every five … [Read more...]

Why I Love/Hate the Oil Companies

oil

The first thing I do when I get up every morning is to curse the oil companies as the blood sucking scourges of modern civilization. I then fall down on my knees and thank God that we have oil companies. This is why petroleum engineers are getting $100,000 straight out of college, while English and political science major are going straight on to food stamps. I recommend … [Read more...]

The Worst Trade in History

Apple Computer

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, one of the three original founders of the consumer electronics giant. Ron first met Steve Jobs when he was a spritely 21-year-old marketing guy at Atari, the inventor of … [Read more...]

June 20, 2013

Global Market Comments June 20, 2013 Fiat Lux Featured Trade: (JULY 25 PORTOFINO, ITALY STRATEGY LUNCHEON), (MORE OF THE SAME FROM UNCLE BEN), (SPY), (FXY), (YCS), (GLD), (TLT), (TBT), (THE NEW COLD WAR) SPDR S&P 500 (SPY) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) SPDR Gold Shares (GLD) iShares Barclays 20+ Year Treas Bond … [Read more...]

Note To Subscribers

You may have noticed that our website has been down for the past day. We are undertaking a major upgrade to our infrastructure, and I thought completing this while you are all on vacation would be timely. This means that our store is down as well, so you may need to wait until the weekend to renew your subscription, or buy tickets to my upcoming strategy luncheons. Just to … [Read more...]

July 25 Portofino, Italy Strategy Luncheon

Portofino, Italy

Come join John Thomas for lunch at the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting near Portofino, Italy on the Italian Riviera, on Thursday, July 25, 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I'll be giving you my up to date view on stocks, bonds, foreign currencies, … [Read more...]

More of the Same from Uncle Ben

Ben Bernanke

Ben Bernanke delivered exactly what I expected today, continuing his massively simulative monetary policy as is. The taper went missing in action, and search parties have been already sent out by the bears. In the past this move would have triggered a massive move up in risk assets, and a collapse of the bond market, but not this time. Bernanke's news is not exactly new, and … [Read more...]

The New Cold War

Ian Bremmer

My friend, Ian Bremmer of the Eurasia Group, a global risk analyst who I regularly follow, has published an outstanding book entitled The End of the Free Markets: Who Wins the War Between States and Corporations. I find this highly depressing, as it takes me as long to read one of Ian's books as it takes him to write another one. To read a review of his highly insightful … [Read more...]

June 19, 2013

Global Market Comments June 19, 2013 Fiat Lux Featured Trade: (JULY 8 LONDON STRATEGY LUNCHEON), (TRADE ALERT SERVICE RANKS SIXTH AMONG HEDGE FUNDS) (THE HISTORY OF TECHNOLOGY), (THE FUTURE OF CONSUMER SPENDING), (EEM), (PIN), (IDX), (EWC) iShares MSCI Emerging Markets Index (EEM) PowerShares India (PIN) Market Vectors Indonesia Index ETF (IDX) iShares MSCI … [Read more...]

July 8 London Strategy Luncheon

Big_Ben_8583a

Come join me for lunch for the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in London on Monday, July 8, 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I'll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. And to keep … [Read more...]

Trade Alert Service Ranks Sixth Among Hedge Funds

Hedge Fund Rankings

The Trade Alert service of the Mad Hedge Fund Trader ranked as the sixth top-performing hedge fund in the world, according to statistics compiled by Barron's. The Dow Jones subsidiary tallied results of the top 100 funds from a potential global universe of over 10,000. It then ranked results according to their three-year compound annual returns. The Red Bank, New Jersey … [Read more...]

The History of Technology

The Victorian Internet

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 claims that Modern Internet users are in many ways the heirs … [Read more...]

The Future of Consumer Spending?

World Middle Class

As part of my never ending campaign to get you to move more money into emerging markets, please take a look at the chart below from Goldman Sachs. It shows that the global middle class will rise from 1.8 billion today to 4 billion by 2040, with the overwhelming portion of the increase occurring in emerging markets. The chart defines middle class as those earning between … [Read more...]

June 18, 2013

Global Market Comments June 18, 2013 Fiat Lux Featured Trade: (JULY 2 NEW YORK STRATEGY LUNCHEON), (THE HIGH OIL MYSTERY), (USO), (UNG), (SCAM OF THE WEEK), (DECODING WHAT’S IN YOUR POCKET) United States Oil (USO) United States Natural Gas (UNG) … [Read more...]

Tuesday, July 2 New York Strategy Seminar

Empire State Building

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Seminar, which I will be conducting in New York, NY on Tuesday, July 2, 2013. An excellent three course lunch will be provided. A PowerPoint presentation will be followed by an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, … [Read more...]

The High Oil Mystery

World in Oil

American oil imports from the Middle East are in free fall, down 35% in two years. They are quickly being replaced by tar sands imports from Canada, which are ballooning to 2 million barrels a day and at all time highs. American energy production is surging, thanks to new finds of natural gas showing up in everyone’s back yard, taking the country rapidly on its way to energy … [Read more...]

Decoding What’s in Your Pocket

Ben Franklin

If you want to impress your friends with your vast knowledge of financial matters, then here are the Latin translations of the script on the backside of a US dollar bill. “ANNUIT COEPTIS” means “God has favored our undertaking.” “NOVUS ORDO SECLORUM” translates into “A new order has begun.” The Roman numerals at the base of the pyramid are “1776.” The better known “E … [Read more...]

Scam of the Week

Bernie Madoff

Having trouble raising capital for your new hedge fund? Just list Warren Buffet as your “Honorary Chairman.” That’s what California prison guard, Ottoniel Medrano, did. To help his marketing efforts, he also claimed that he had $4.8 billion in assets under management as well as massive real estate holdings in Asia. With this scam, Medrano’s International Realty Holdings … [Read more...]

June 17, 2013

Global Market Comments June 17, 2013 Fiat Lux Featured Trade: (JULY 12 AMSTERDAM STRATEGY LUNCHEON) (AN ENVIRONMENTAL ACTIVISTS TAKE ON THE MARKETS), (DBA), (MOO), (PHO), (FIW). (BUSINESS IS BOOMING AT THE MONEY PRINTERS), (ON EXECUTING TRADE ALERTS) PowerShares DB Agriculture (DBA) Market Vectors Agribusiness ETF (MOO) PowerShares Water Resources (PHO) First Trust … [Read more...]

July 12 Amsterdam Strategy Luncheon

Amsterdam

Come join John Thomas for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Amsterdam, The Netherlands, on Friday, July 12, 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, … [Read more...]

An Environmental Activist’s Take on the Markets

Water Fall

I spent an evening with Lester Brown, president of the Earth Policy Institute and a winner of the coveted MacArthur Prize, for some long-term thinking about the environment and its investment implications. Global warming is causing the melting of ice sheets in Greenland and Antarctica, glaciers in the Himalayas, and the Sierra snowpack. Water tables are falling and fossil … [Read more...]

Business is Booming at the Money Printers

All of the high-grade paper used by the US Treasury to print money is bought by one firm, Crane & Co., which has been in the same family for seven generations. Last year, the Feds printed 38 million banknotes worth $639 million. Although they have seen the recession cause the velocity of money to decline, recent reflationary efforts have spurred a big increase in demand … [Read more...]

On Executing Trade Alerts

From time to time I receive an email from a subscriber telling me that they are unable to get executions on trade alerts that are as good as the ones I get. There are several possible reasons for this: 1) Markets move, sometimes quite dramatically so. 2) Your Trade Alert email was hung up on your local provider’s server, getting it to you late. This is a function of your … [Read more...]

June 14, 2013

Global Market Comments June 14, 2013 Fiat Lux Featured Trade: (UPDATED 2013 SUMMER STRATEGY LUNCHEON SCHEDULE), (THE YEN CARRY TRADE BLOW UP), (FXY), (YCS), (DXJ), (SNE), (HMC), (TM), (THE SERVICE JOB IN YOUR FUTURE), (MCD) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) WisdomTree Japan Hedged Equity (DXJ) Sony Corporation (SNE) Honda Motor … [Read more...]

Updated 2013 Summer Strategy Luncheon Schedule

John Thomas

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Updates, which I will be conducting throughout Europe during the summer of 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. … [Read more...]

The Yen Carry Trade Blow Up

Asian Maids

When I staggered downstairs at 11:00 PM to check the close for the Tokyo stock market, my eyes just about popped out of my head. Yikes! Down 6.3%! The yen was up another 2% to ¥94 against the US dollar as well!! It looked like the world was in for another round of “RISK OFF” with a turbocharger. Fasten your seatbelts, and pack an extra pair of shorts. So I called an old … [Read more...]

The Service Job in Your Future

Services Chart

Anyone wondering about the long term future of the US economy should take a look at the chart below. It shows the unrelenting growth of services’ share of American GDP growing from 25% to 45% over the last sixty years. Far and away the fastest growth area has been in health care, and with the first Obamacare programs starting in September, that growth is set to accelerate. … [Read more...]

June 13, 2013

Global Market Comments June 13, 2013 Fiat Lux Featured Trade: (JULY 16 BERLIN STRATEGY LUNCHEON), (ANOTHER NAIL IN THE NUCLEAR COFFIN), (SCE-PF), (NLR), (CCJ) (THE CHINA VIEW FROM 30,000 FEET) (FXI), (DBC), (DYY), (DBA), (PHO) Southern California Edison Trus (SCE-PF) Market Vectors Uranium+Nuclear Enrgy ETF (NLR) Cameco Corporation (CCJ) iShares FTSE China 25 Index … [Read more...]

July 16 Berlin Strategy Luncheon

Berlin-Brandenburg Gate

Come join John Thomas for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Berlin, Germany, at 12:00 noon on Tuesday, July 16, 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, … [Read more...]

Another Nail in the Nuclear Coffin

CCJ 6-12.13

Southern California Edison (SCE/PF) has announced that it is permanently closing its controversial nuclear power plant at San Onofre. The move is only the latest in a series of closures implemented by utilities around the country, and could well spell the end of this flagging industry. This is further dismal news for holders of ETF’s in the sector, like the Market Vector … [Read more...]

The China View from 30,000 Feet

DBA 6-12-13

I have long sat beside the table of McKinsey & Co., the best management consulting company in Asia, hoping to catch some crumbs of wisdom. So, I jumped at the chance to have breakfast with Shanghai based Worldwide Managing Director, Dominic Barton, when he passed through San Francisco visiting clients. These are usually sedentary affairs, but Dominic spit out fascinating … [Read more...]

June 12, 2013

Global Market Comments June 12, 2013 Fiat Lux Featured Trade: (JULY 8 LONDON STRATEGY LUNCHEON), (TESLA GETS AGGRESSIVE ON MARKETING),  (TSLA), (GM), (F), (WATCH OUT FOR THE CHIHUAHUA GLUT) Tesla Motors, Inc. (TSLA) General Motors Company (GM) Ford Motor Co. (F) … [Read more...]

July 8 London Strategy Luncheon

Big_Ben_8583a

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in London on Monday, July 8, 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. And to keep … [Read more...]

Tesla Takes Off the Gloves

Tesla

Tesla (TSLA) CEO, Elon Musk, has taken off the gloves and is offering an innovative new hybrid lease that promises to bring in thousands of new buyers of his revolutionary, all electric S-1 sedan. The package eliminates the downside risk that concerned prospective customers about the resale value of their cars down the road. Under the program, Tesla will buy back your car at … [Read more...]

Watch Out for the Chihuahua Glut

paris-hilton-chihuahua2

You never know what the third, fourth, or fifth derivative impacts a major economic trend can cause. That is how the collapse of the housing market has created a Chihuahua glut in California, where evicted homeowners are handing over their pets to animal shelters. The diminutive Mexican canine enjoyed a boom in popularity in recent years, thanks to movies like Beverly Hills … [Read more...]

June 11, 2013

Global Market Comments June 11, 2013 Fiat Lux Featured Trade: (JULY 2 NEW YORK STRATEGY LUNCHEON), (MY BIG MISS IN SWITZERLAND), (FXF), (EWL), (TESTIMONIAL) CurrencyShares Swiss Franc Trust (FXF) iShares MSCI Switzerland Capped Index (EWL) … [Read more...]

July 2 New York Strategy Luncheon Invite

Empire State Building

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Seminar, which I will be conducting in New York, NY on Tuesday, July 2, 2013. An excellent three-course lunch will be provided. A PowerPoint presentation will be followed by an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, … [Read more...]

My Big Miss in Switzerland

EWL 6-10-13

I have got a lot right in the markets lately, especially this year, when 90% of my Trade Alerts went well. But as they say in karate school in Japan, you can’t block all the punches. I certainly missed the opportunity of a lifetime to load up on the stocks of a certain country, which I am about to visit. I’ll give you a hint up front: think edelweiss. Yes, you guessed it. … [Read more...]

June 10, 2013

Global Market Comments June 10, 2013 Fiat Lux Featured Trade: (UPDATED 2013 SUMMER STRATEGY LUNCHEON SCHEDULE), (LEARNING IN THE SCHOOL OF HARD KNOCKS), (FXY), (YCS), (DXJ), (THE NEW DEFLATION DEFINITION), (THE WORLD IN 100 YEARS) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) WisdomTree Japan Hedged Equity (DXJ) … [Read more...]

Updated 2013 Strategy Luncheon Schedule

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Updates, which I will be conducting throughout Europe during the summer of 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. … [Read more...]

Learning in the School of Hard Knocks

FXY 6-7-13

I always believe that any loss you don’t learn from is a loss wasted. One reason I know so much is because I have suffered a lot of losses, mostly at my own expense when I was young and stupid, well before the Trade Alert Service started. So what did we learn from our most recent ill-advised attempt to profit from selling short the Japanese yen against the US dollar? Let me … [Read more...]

The New Deflation Definition

Balloon

It seems that all you hear about these days is deflation. That is certainly what the bond market is telling us, with my screen blaring at me a miserable 2.10% yield for the ten year Treasury bond. But there is a new definition for this economic malady that applies to us hapless consumers. In the newest variety, the value of our income falls, while the prices of things we … [Read more...]

What Will the World Look Like in 100 Years?

George Friedman, geopolitical forecaster and founder of the Austin, Texas based private intelligence firm, STRATFOR Global Intelligence (click here for website), delivers a fascinating list of future political, military, and economic scenarios in his new book, The Next 100 years: A Forecast for the 21st Century. Friedman claims the current Islamic assault on the West is … [Read more...]

June 7, 2013

Global Market Comments June 7, 2013 Fiat Lux Featured Trade: (AUGUST 1 MYKONOS, GREECE STRATEGY LUNCHEON), (JUNE 12 GLOBAL STRATEGY WEBINAR), (NEW NUCLEAR DEMOLISHED BY NEW NATURAL GAS), (UNG), (NLR), (CCJ), (DUK), (NRG), (DRU), (MAKE YOUR NEXT KILLING IN AFRICA), (AFK), (GAF) United States Natural Gas (UNG) Market Vectors Uranium+Nuclear Enrgy ETF (NLR) Cameco … [Read more...]

Don’t Miss the June 12 Global Strategy Webinar

robin

My next global strategy webinar will be held on Wednesday, June 12 at 12:00 noon EDT. This one will be open to the public, so login in early to get a space. I’ll be giving you my updated outlook on stocks, bonds, commodities, currencies, precious metal, and real estate. The goal is to find the cheapest assets in the world to buy, the most expensive to sell short, and the … [Read more...]

August 1 Mykonos, Greece Strategy Luncheon

Come join John Thomas for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting on the Greek island of Mykonos in the Aegean Sea on Thursday, August 1, 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, foreign … [Read more...]

New Nuclear Demolished By New Natural Gas

CCJ 6-6-13

Four years ago, the dreams of a nuclear renaissance seemed close to coming to fruition. President Obama supported it. Congress passed a raft of new subsidies, tax breaks, liability caps, and cost overrun indemnifications, to grease the works. The goal was to bring the private sector back in a non-oil, non-carbon energy source which had seen no new construction in 34 … [Read more...]

Make Your Next Killing in Africa

AFK 6-6-13

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 about a country that suffers the world’s highest AIDS rate, regularly endures insurrections where all of the Westerners are … [Read more...]

June 6, 2013

Global Market Comments June 6, 2013 Fiat Lux Featured Trade: (JULY 8 LONDON STRATEGY LUNCHEON), (WHERE’S THIS MARKET BOTTOM?), (SPX), (DXJ), (FXY), ($NIKK), (THE ONE SAFE PLACE IN REAL ESTATE) S&P 500 Index (SPX) WisdomTree Japan Hedged Equity (DXJ) CurrencyShares Japanese Yen Trust (FXY) Nikkei Index ($NIKK) … [Read more...]

July 8 London Strategy Luncheon

Big_Ben_8583a

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in London on Monday, July 8, 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. And to keep … [Read more...]

Where’s This Market Bottom?

Girl with Chopsticks

After yesterday’s 217 point swoon, the S&P 500 (SPX) has fallen 4.3% from its late May peak. It looks like the “Sell in May” crowd is having the last laugh after all, of which I was one. Is this a modest 5% correction in a continuing bull market? Or is it the beginning of a Harry Dent style crash to (SPX) 300 (click here for the interview on Hedge Fund Radio)? Let’s go … [Read more...]

The One Safe Place in Real Estate

I feel obliged to reveal one corner of this beleaguered market that might actually make sense. By 2050 the population of California will soar from 37 million to 50 million, and that of the US from 300 million to 400 million, according to data released by the US Census Bureau and the CIA fact Book (check out the population pyramid below). That means enormous demand for the … [Read more...]

June 5, 2013

Global Market Comments June 5, 2013 Fiat Lux Featured Trade: (JULY 2 NEW YORK STRATEGY LUNCHEON), (WELCOME TO THE SACK OF ROME), (TLT), (TBT), (LQD), (MUB), (VNQ), (KMP), (BREAKFAST WITH FED GOVERNOR BOB McTEER) iShares Barclays 20+ Year Treas Bond (TLT) ProShares UltraShort 20+ Year Treasury (TBT) iShares iBoxx $ Invest Grade Corp Bond (LQD) iShares S&P National … [Read more...]

July 2 New York Strategy Luncheon

empire

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Seminar, which I will be conducting in New York, NY on Tuesday, July 2, 2013. An excellent three-course lunch will be provided. A PowerPoint presentation will be followed by an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, … [Read more...]

Welcome to the Sack of Rome

Statue

Let’s face it, the carnage in the bond markets in May outdid the sack of Rome. Not only did the Treasury bonds (TLT) get hit. The entire high yield space was slaughtered, including corporates (LQD), junk bonds (JNK), REITS (VNQ), master limited partnerships (KMP), municipal bonds (MUB), and high dividend equities. Anything that looked and smelled like a bond got … [Read more...]

June 4, 2013

Global Market Comments June 4, 2013 Fiat Lux Featured Trade: (AUGUST 9 ZERMATT STRATEGY SEMINAR), (BREAKFAST WITH PIMCO’S MOHAMED EL-ERIAN), (TAKE A RIDE IN THE NEW SHORT JUNK ETF), (JNK), (SJB), (CORN), (TBT) SPDR Barclays High Yield Bond (JNK) ProShares Short High Yield (SJB) Teucrium Corn (CORN) ProShares UltraShort 20+ Year Treasury (TBT) … [Read more...]

August 9 Zermatt Global Strategy Seminar

matterhorn-Copy2-1

Come join me for the Mad Hedge Fund Trader’s Global Strategy Seminar, which I will be conducting high in the Alps in Zermatt, Switzerland at 2:00 PM on Friday, August 9, 2012. A PowerPoint presentation will be followed by an open discussion on the crucial issues facing investors today. Coffee, tea, and schnapps will be made available, along with light snacks. You are welcome … [Read more...]

Breakfast with PIMCO’s Mohamed El-Erian

US GDP Growh Rate

On the way back from a funeral in Los Angeles last weekend, I thought I would take a walk down Nostalgia Lane and have breakfast at the historic Langham Huntington Hotel, the venue for my 1970 senior prom. I was half way through my eggs benedict in the Terrace Room when, who sits at the next table, but bond giant PIMCO’s brilliant CEO and co-CIO, Mohamed El-Erian. That’s the … [Read more...]

Take a Ride in the New Short Junk ETF

Car-Junk

When you look at the profusion of new ETF’s being launched today, you find that they almost always correspond with market tops. The higher the market, the greater the demand for the underlying, and the more leverage traders bay for it. The resulting returns for investors are disastrous. But occasionally a blind squirrel finds an acorn, if you fire buckshot long enough, you … [Read more...]

June 3, 2013

Global Market Comments June 3, 2013 Fiat Lux Featured Trade: (HARRY S. DENT, JR. ON HEDGE FUND RADIO), (SPY), (IWM), (UUP), (GLD), (SLV), (USO), (XLE), (TLT) (A RELIGIOUS EXPERIENCE) SPDR S&P 500 (SPY) iShares Russell 2000 Index (IWM) PowerShares DB US Dollar Index Bullish (UUP) SPDR Gold Shares (GLD) iShares Silver Trust (SLV) United States Oil (USO) Energy … [Read more...]

Harry S. Dent, Jr. on Hedge Fund Radio

Harry S. Dent, Jr.

Your stock portfolio will get decimated by a stock market crash that could take the Dow average down 60% to 6,000 or lower. There will be no place to hide, as gold, silver, oil, real estate will see declines of similar magnitude. Given the fresh dose of uncertainty besieging the markets these days, I thought I'd touch base with my pal, co-conspiring Eagle Scout, and fellow … [Read more...]

A Religious Experience

John Thomas

A couple times a year, I feel the need to abandon civilization and contemplate the meaning of life, while accomplishing a great physical challenge. For me, this is a mandatory religious experience. That’s why I was up at Lake Tahoe last week, completing a 100 mile hike in eight days, mostly over 8,000 feet, carrying a 60 pound pack. I fast while accomplishing this, eating … [Read more...]

May 31, 2013

Global Market Comments May 31, 2013 Fiat Lux Featured Trade: (UPDATED 2013 STRATEGY LUNCHEON SCHEDULE), (WHY JIM CHANOS IS WRONG ON CHINA), (FXI), (CYB) (DRINKS WITH ROBERT REICH), (BECOME MY FACEBOOK FRIEND) iShares FTSE China 25 Index Fund (FXI) WisdomTree Chinese Yuan (CYB) … [Read more...]

Updated 2013 Strategy Luncheon Schedule

Europe

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Updates, which I will be conducting throughout Europe during the summer of 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. … [Read more...]

Why Jim Chanos is Wrong on China

China

Hedge fund titan, Jim Chanos, is well known for his extremely bearish views on China. He says that the cracks are spreading on the façade, real estate sales are falling, and that the economic engine is starting to sputter. This will be bad news for the rest of us, as China imports 50%-80% of the world’s commodities. Commodity exporting countries will be especially hard hit, … [Read more...]

Become My Facebook Friend

If you would like to get a free headline service from The Diary of the Mad Hedge Fund Trader, then please join my 1,464 friends. Every day we are posting headlines along with summaries of the stories on our Facebook page. As soon as you open your own Facebook page, you will receive our latest headlines as newsfeeds. To “friend me”, please go to my home page at … [Read more...]

May 30, 2013

Global Market Comments May 30, 2013 Fiat Lux Featured Trade: (JULY 8 LONDON STRATEGY LUNCHEON), (THE BOTTOM IS IN FOR THE AGS), (CORN), (WEAT), (SOYB), (DBA) (THE ONE ECONOMIC INDICATOR YOU CAN RELY ON) (AN EVENING WITH MALCOLM GLADWELL) Teucrium Corn (CORN) Teucrium Wheat (WEAT) Teucrium Soybean (SOYB) PowerShares DB Agriculture (DBA) … [Read more...]

July 8 London Strategy Luncheon

Big_Ben_8583a

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in London on Monday, July 8, 2013. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate. And to keep … [Read more...]

The Bottom is in for the Ags

Popcorn

Take a look at the drought monitor below, and you’ll see that it looks exactly like the one we saw a year ago. Yes, that’s the one right before we saw prices double for corn (CORN) and most other agricultural products. The global warming trade may be about to return with a vengeance. If the weather so far this year is any indication, the trading pits in Chicago could break … [Read more...]

The One Economic Indicator You Can Rely On

Girls at beach

There is no end to which I am willing to go to understand the future direction of the world economy. So when I learned that the price of Brazilian bikini waxes was going through the roof, I had to sit up and take note. Last month, the price of the popular beauty treatment soared by 16.6% to 35 Reals, about $22. This is no joke. The Brazilian government includes the removal … [Read more...]

May 29, 2013

Global Market Comments May 29, 2013 Fiat Lux Featured Trade: (JULY 2 NEW YORK STRATEGY LUNCHEON), (RECOLLECTIONS OF A MARINE), (THE BLACK SWAN SOLUTION TO OUR ENERGY PROBLEMS)   … [Read more...]

July 2 New York Strategy Luncheon

Empire State Building

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Seminar, which I will be conducting in New York, NY on Tuesday, July 2, 2013. An excellent three-course lunch will be provided. A PowerPoint presentation will be followed by an extended question and answer period. I’ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, … [Read more...]

Recollections of a Marine

The Pacific by Hugh Ambrose

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, which aired once again over this Memorial Day weekend. Every scene in the ten-hour series I had already heard about around campfires, at veteran’s reunions, or in officers clubs around the world. At five, I learned … [Read more...]