April 15, 2014

Global Market Comments April 15, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON), (HOW LONG WILL THE RUN IN MASTER LIMITED PARTNERSHIPS CONTINUE?), (LINE), (BWP), (USO), (UNG), (PILING ON THE SHORTS AGAIN), (SPY) Linn Energy, LLC (LINE) Boardwalk Pipeline Partners, LP (BWP) United States Oil (USO) United States Natural Gas (UNG) SPDR … [Read more...]

How Long Will the Run in Master Limited Partnerships Continue?

Pipeline

Boy, that was one hell of a recommendation I made back in 2012, getting readers to buy Master Limited Partnerships (MLP’s). The share price for my favorite, Linn Energy (LINN), is unchanged from when I urged readers to pick it up. However, they have taken home nearly 25% in dividend payoffs during the same period. Not a bad return in this zero interest rate world. The … [Read more...]

Piling on the Shorts Again

Burning Building

This is a bet that the S&P 500 does not rocket to a new all time high by the May 16, 2014 expiration. The news flow this morning is giving us an opportunity to re enter the short positions that I covered on Friday. Half of the opening 80-point pop in the Dow came from Citibank (C), which surprised to the upside with its Q1 earnings report. We also got March retail … [Read more...]

April 14, 2014

Global Market Comments April 14, 2014 Fiat Lux Featured Trade: (JULY 7 ROME, ITALY STRATEGY LUNCHEON), (CASHING IN ON MY SHORTS), (VXX), (VIX), (SPY), (TLT), (FXY), (QQQ), (TESTIMONIAL), (WHERE IS THE MARKET BOTTOM?), (SPY), (QQQ) iPath S&P 500 VIX ST Futures ETN (VXX) VOLATILITY S&P 500 (^VIX) SPDR S&P 500 (SPY) iShares 20+ Year Treasury Bond … [Read more...]

July 7 Rome, Italy Strategy Luncheon

Rome, Italy

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Rome, Italy on Monday, July 7, 2014. 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, precious metals, and real estate. … [Read more...]

Cashing in on My Shorts

Burning Building

Take the easy money and run. No one every got fired for taking a profit. That’s the mood I was in when I came in and saw my long volatility ETF (VXX) spiking and my short in the S&P 500 (SPY) cratering. I sent out Trade Alerts immediately that took my model-trading portfolio into a rare 100% cash position. The Volatility Index (VIX) is up a breakneck 35% in a week, while … [Read more...]

Where’s This Market Bottom?

Girl with Chopsticks

After yesterday’s 267 point swoon, the S&P 500 (SPX) has fallen 4.2% from its late March peak. It looks like the “Sell in May” crowd, of which I was one, is having the last laugh after all. 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 … [Read more...]

April 11, 2014

Global Market Comments April 11, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON) (MAD HEDGE FUND TRADER BLASTS TO NEW ALL TIME HIGH) (SPY), (IWM), (VXX), (TLT), (GE),  (GS), (FXY), (UUP), (GLD), (USO), (THE RETURN OF PETER THE GREAT), (RSX) SPDR S&P 500 (SPY) iShares Russell 2000 (IWM) iPath S&P 500 VIX ST Futures ETN … [Read more...]

Friday April 25 San Francisco Strategy Luncheon

San Francisco

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in San Francisco on Friday, April 25, 2014. An excellent meal will be followed by a wide-ranging discussion 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 … [Read more...]

Mad Hedge Fund Trader Blasts to New All Time High

John Thomas

The industry beating performance of the Mad Hedge Fund Trader’s Trade Alert Service has maintained its gobsmacking pace from last year, picking up another 14.5% profit so far in 2014. The Dow Average was down a pitiful 1% during the same period, pegging my outperformance of the index at a stunning 15.50%. April alone is up a blistering 6.89%. The trailing 12-month return is … [Read more...]

The Return of Peter the Great

Peter the Great

Peter the Great is back! That is what the latest rumblings out of Russia confirm, with President Vladimir Putin demanding no less than $18 billion in payments from the Ukraine for its natural gas purchases. Never mind that this is more than the beleaguered country could possibly ever use. “Pay up, or we invade” seems to be the message. The Dow Average promptly sold off … [Read more...]

April 10, 2014

Global Market Comments April 10, 2014 Fiat Lux Featured Trade: (LAS VEGAS WEDNESDAY, MAY 14 GLOBAL STRAGEGY LUNCHEON) (INCLINE VILLAGE STRATEGY LUNCH REVIEW), (TESTIMONIAL), (2014 EUROPEAN STRATEGY LUNCHEONS) … [Read more...]

Las Vegas Wednesday, May 14 Global Strategy Luncheon

las-vegas-welcome-sign

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Las Vegas, Nevada on Wednesday, May 14. 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, precious metals, and real … [Read more...]

Incline Village Strategy Lunch Review

John Thomas

There is no better was to start off a strategy luncheon than sending out, not just one, but two Trade Alerts in the morning, and then watching them soar 50% by the time the appetizer was served. That was the case on April 4, when I picked up short positions in the Russell 2000 and the S&P 500 for my model trading portfolio the morning of my event in sleepy Incline … [Read more...]

2014 European Strategies Luncheons

and some fun...

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy luncheons, which I will be conducting throughout Europe during the summer of 2014. 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, precious metals, and … [Read more...]

April 9, 2014

Global Market Comments April 9, 2014 Fiat Lux Featured Trade: (JUNE 26 ISTANBUL, TURKEY STRATEGY LUNCHEON), (BOJ BOMBSHELL HITS YEN SELLERS IN THE SHORTS), (FXY), (YCS), (BREAKFAST WITH MOHAMED EL-ERIAN) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) … [Read more...]

June 26 Istanbul, Turkey Strategy Luncheon

Istanbul, Turkey

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Istanbul, Turkey on Thursday, June 26, 2014. 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, precious metals, and real … [Read more...]

BOJ Bombshell Hits Yen Sellers in the Shorts

Japanese Lady-Sad

It was little after midnight west coast time when the Bank of Japan dropped its bombshell. It said it would refrain from stimulating the economy further to offset the deflationary effects of the VAT tax increase from 5% to 8%, which took effect on April 1. Within seconds, the Japanese yen rocketed and never looked back. The Nikkei stock average crashed. Traders were stunned … [Read more...]

Breakfast with Mohamed El-Erian

Mohamed El-Erian

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 former CEO and co-CIO, Mohamed El-Erian. … [Read more...]

April 8, 2014

Global Market Comments April 8, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON) (APRIL 9 GLOBAL STRATEGY WEBINAR), (HARRY S. DENT ON HEDGE FUND RADIO), (SPY), (IWM), (UUP), (GLD), (SLV), (USO), (XLE), (TLT) SPDR S&P 500 (SPY) iShares Russell 2000 (IWM) PowerShares DB US Dollar Index Bullish (UUP) SPDR Gold Shares (GLD) iShares … [Read more...]

Friday April 25 San Francisco Strategy Luncheon

San Francisco

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in San Francisco on Friday, April 25, 2014. An excellent meal will be followed by a wide ranging discussion 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 … [Read more...]

Don’t Miss the April 9 Global Strategy Webinar

John Thomas

My next global strategy webinar will be held on Wednesday, April 9 at 12:00 PM EDT. 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 appropriate securities with which to take positions. I will also be opining … [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...]

April 7, 2014

Global Market Comments April 7, 2014 Fiat Lux SPECIAL SHORT SELLING ISSUE Featured Trade: (CHICAGO FRIDAY, MAY 23 GLOBAL STRAGEGY LUNCHEON), (A VERY BAD CHART DAY), (SPY), (QQQ), (IWM), (TLT), (TSLA), (AMZN), (NFLX), (FB) (SHORT SELLING SCHOOL 101), (SH), (SDS), (PSQ), (DOG), (RWM), (SPXU), (AAPL),  (VIX), (VXX), (IPO), (MTUM), (SPHB), (HDGE) SPDR S&P 500 … [Read more...]

Chicago Friday, May 23 Global Strategy Luncheon

Chicago

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Chicago on Friday, May 23. 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, precious metals, and real estate. And to … [Read more...]

A Very Bad Chart Day

monks

I spoke to the best traders I know in the market Thursday night, and to a man they said the market looked terrible. Although prices were high, the momentum was totally gone and volume was shrinking. Worse, these conditions prevail as we head into May, the onset of the traditional “RISK OFF” season (click here for “The Hard Numbers Behind Selling in May”). Best case, it … [Read more...]

Short Selling School 101

Wile E. Coyote - TNT

There is nothing worse than closing the barn door after the horses have bolted. No doubt, you will receive a wealth of short selling and hedging ideas from your other research sources and the media at the next market bottom. That is always how it seems to play out. So I am going to get you out ahead of the curve, putting you through a refresher course on how to bet trade … [Read more...]

April 4, 2014

Global Market Comments April 4, 2014 Fiat Lux Featured Trade: (ORLANDO FLORIDA SATURDAY, MAY 17 GLOBAL STRAGEGY LUNCHEON) (APRIL 9 GLOBAL STRATEGY WEBINAR), (WHY JIM CHANOS IS WRONG ON CHINA), (FXI), (CYB) (DRINKS WITH ROBERT REICH) iShares China Large-Cap (FXI) WisdomTree Chinese Yuan Strategy (CYB) … [Read more...]

Orlando, Florida Saturday May 17 Global Strategy Luncheon

Magic Kingdon, Orland, FL

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Orlando, Florida on Saturday, May 17. 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, precious metals, and real … [Read more...]

Don’t Miss the April 9 Global Strategy Webinar

John Thomas

My next global strategy webinar will be held on Wednesday, April 9 at 12:00 PM EDT. This time Mad Day Trader Jim Parker will be my willing coconspirator. 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...]

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...]

April 3, 2014

Global Market Comments April 3, 2014 Fiat Lux Featured Trade: (LAS VEGAS WEDNESDAY, MAY 14 GLOBAL STRAGEGY LUNCHEON), (MAD DAY TRADER JIM PARKER’S Q2 VIEWS), (SPX), (NDX), (XLK), (TLT), (FXB), (FXY), (YCS), (FXA),  (GLD), (SLV), (SOYB), (CORN), (WEAT), (VIX), (VXX) (THE BLACK SWAN SOLUTION TO OUR ENERGY PROBLEMS) S&P 500 Index (SPX) Nasdaq 100 Index … [Read more...]

Las Vegas Wednesday, May 14 Global Strategy Luncheon

las-vegas-welcome-sign

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Las Vegas, Nevada on Wednesday, May 14. 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, precious metals, and real … [Read more...]

Mad Day Trader Jim Parker’s Q2 Views

Jim Parker

Mad Day Trader Jim Parker is expecting the second quarter of 2014 to be an uneventful, low volume, range trading affair. There is insufficient momentum in the major indexes to substantially break out of the ranges established in Q1. He does see a modest upward bias to the market. But it is going to have to fight for every point. Sector leadership will change daily, with a … [Read more...]

The “Black Swan” Solution to Our Energy Problems

LED Lights

I firmly believe that simple solutions to our energy problems will come out of the blue, and are something no one is thinking about now. Add up the contributions of many small improvements, and the cumulative change will alter our economic future beyond all recognition. Here are two of them. General Electric (GE) is now mass-producing their “Smart Energy LED Bulb,” which can … [Read more...]

April 2, 2014

Global Market Comments April 2, 2014 Fiat Lux Featured Trade: (ABSOLUTELY THE LAST CHANCE TO ATTEND THE FRIDAY APRIL 4 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON) (A DAY IN THE LIFE OF THE MAD HEDGE FUND TRADER), (SPY), (SPX), (QQQ), (GOOG), (FSLR), (UNG), (TLT), (TBT), (FXE), (GLD), (GDX), (TSLA), (USO) SPDR S&P 500 (SPY) S&P 500 Index (SPX) PowerShares QQQ … [Read more...]

Absolutely the Last Chance to Attend the Friday April 4 Incline Village, Nevada Global Strategy Luncheon

Lake Tahoe View

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Incline Village, Nevada on Friday, April 4, 2014. Incline Village is about a one-hour drive from the Reno Airport. An excellent meal will be followed by a wide-ranging discussion and an extended question and answer period. I’ll be giving you my up to date view on … [Read more...]

A Day in the Life of the Mad Hedge Fund Trader

Frozen

Diary Entry for Tuesday, April 1, 2014 Dear Diary, 4:30 PM Monday-the day before- Thought I’d check my Bloomberg to see how the Asian markets were opening. Wow! Japan finally had an up day. It must be fiscal year end window dressing. The VAT tax hike that takes effect tomorrow, from 5% to 8%, certainly has sucked the life out of that market. Nothing like strangling a … [Read more...]

April 1, 2014

Global Market Comments April 1, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON), (WILL SYNBIO SAVE OR DESTROY THE WORLD?), (XLV), (XPH), (XBI), (MON), (IBM), (GOOG), (AAPL), (CSCO) Health Care Select Sector SPDR (XLV) SPDR S&P Pharmaceuticals ETF (XPH) SPDR S&P Biotech ETF (XBI) Monsanto Company (MON) International Business … [Read more...]

Friday April 25 San Francisco Strategy Luncheon

San Francisco

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in San Francisco on Friday, April 25, 2014. An excellent meal will be followed by a wide ranging discussion 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 … [Read more...]

Will SynBio Save or Destroy the World?

Phi X 174 - Synthetic  Bacteria

Some 40 years ago, when I was a biotechnology student at UCLA, a handful of graduate students speculated about how dangerous our work really was. It only took us an hour to figure out how to synthesize a microbe that had a 99% fatality rate, was immune to antibiotics, and was so simple it could be produced in your home kitchen. Basically, a bunch of bored students discovered … [Read more...]

March 31, 2014

Global Market Comments March 31, 2014 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE FRIDAY APRIL 4 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON) (THE HARD NUMBERS BEHIND SELLING IN MAY),  (SPY), (QQQ), (GOOG), (HEDGE FUNDS: THE NEW DUMB MONEY) SPDR S&P 500 (SPY) PowerShares QQQ (QQQ) Google Inc. (GOOG) … [Read more...]

Last Chance to Attend the Friday April 4 Incline Village, Nevada Global Strategy Luncheon

Lake Tahoe View

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Incline Village, Nevada on this coming Friday, April 4, 2014. An excellent meal will be followed by a wide-ranging discussion 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 … [Read more...]

The Hard Numbers Behind Selling in May

May Calendar

Followers of my Trade Alert service have watched me build up a substantial long volatility position in recent days. That’s because I am a big fan of buying straw hats in the dead of winter and umbrellas in the sizzling heat of the summer. I even load up on Christmas ornaments every January when they go on sale for ten cents on the dollar. There is a method to my … [Read more...]

Hedge Funds: The New Dumb Money

Carrey & Daniels - Dumb & Dumber

Much of the recent buying of stocks has been generated by hedge funds panicking to cover shorts. Convinced of the imminent collapse of Europe, the impotence of governments to do anything about it, and slow economic growth at home, many managers were running a maximum short for the umpteenth time, and were forced to cover at a loss. Meet the new dumb money: hedge … [Read more...]

March 28, 2014

Global Market Comments March 28, 2014 Fiat Lux SPECIAL TESLA EDITION Featured Trade: (ON THE TESLA MELT UP), (TSLA), (F), (FIATY), (PEUGY), (SCTY), (BBRY), (HLF), (NFLX), (FSLR) Tesla Motors, Inc. (TSLA) Ford Motor Co. (F) Fiat S.p.A. (FIATY) Peugeot S.A. (PEUGY) SolarCity Corporation (SCTY) BlackBerry Limited (BBRY) Herbalife Ltd. (HLF) Netflix, Inc. … [Read more...]

On The Tesla Melt Up

Tesla

Tesla (TSLA) was the short squeeze that was begging to happen. Five guys owned 50% of the company, including the visionary founder, Elon Musk. Of the remaining float, 45% had been borrowed and sold short by hedge funds. All that was needed to ignite a rally was for someone to say “Boo”. Someone said exactly that, and their shares rocketed from $30 to $265 in little more than … [Read more...]

March 27, 2014

Global Market Comments March 27, 2014 Fiat Lux SPECIAL VOLATILITY ISSUE Featured Trade: (LAS VEGAS WEDNESDAY, MAY 14 GLOBAL STRAGEGY LUNCHEON), (WILL CANDY CRUSH CRUSH THE MARKET?), (SPY), (QQQ), (IWM), (KING), (VIX), (VXX), (BUY FLOOD INSRANCE WITH THE (VXX), (VIX) SPDR S&P 500 (SPY) PowerShares QQQ (QQQ) iShares Russell 2000 (IWM) King Digital Entertainment … [Read more...]

Las Vegas Wednesday, May 14 Global Strategy Luncheon

las-vegas-welcome-sign

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Las Vegas, Nevada on Wednesday, May 14. 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, precious metals, and real … [Read more...]

Will Candy Crush Crush the Market?

Girl on Pogo Stick

Feed the ducks while they are quacking. That is one of the oldest nostrums heard on Wall Street, and feed them they have, to the point of absolute gluttony. This year we have seen the market for new initial public offerings for newly listed companies explode to life. There have been 46 so far in 2014, some 26 from the biotechnology area alone. Last Friday, there were an … [Read more...]

Buy Flood Insurance With the (VXX)

Man-Pogo Stick

I am one of those cheapskates who buys Christmas ornaments by the bucket load from Costco in January for ten cents on the dollar because my eleven month return on capital comes close to 1,000%. I also like buying flood insurance in the middle of the summer when the forecast here in California is for endless days of sunshine. That is what we are facing now with the volatility … [Read more...]

SOLD OUT – Monday, June 23, 2014 – London Global 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, June 23, 2014. 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...]

March 26, 2014

Global Market Comments March 26, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON) (THE AMERICAN ONSHORING TREND IS ACCELERATING), (GE), (TSLA), (TESTIMONIAL) General Electric Company (GE) Tesla Motors, Inc. (TSLA) … [Read more...]

Friday April 25 San Francisco Strategy Luncheon

San Francisco

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in San Francisco on Friday, April 25, 2014. An excellent meal will be followed by a wide-ranging discussion 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 … [Read more...]

The American Onshoring Trend is Accelerating

Leonardo DiCaprio

Onshoring, the return of US manufacturing from abroad, is rapidly gathering pace. It is increasingly playing a crucial part in the unfolding American industrial renaissance. It could well develop into the most important new trend on the global economic scene during the early 21st century. It is also paving the way for a return of the roaring twenties to our home shores. Of … [Read more...]

March 25, 2014

Global Market Comments March 25, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 4 INCLINE VILLAGE, NEVADA STRATEGY), (HEED THE MAD DAY TRADER’S Q2 FORECASTS), (SPY), (QQQ), (IWM), (TLT), (TBT), (FXY), (FXE), (FXA), (CU), (USO), (GLD), (GDX) SPDR S&P 500 (SPY) PowerShares QQQ (QQQ) iShares Russell 2000 (IWM) iShares 20+ Year Treasury Bond (TLT) ProShares UltraShort … [Read more...]

Friday April 4 Incline Village, Nevada Global Strategy Luncheon

Lake Tahoe View

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Incline Village, Nevada on Friday, April 4, 2014. An excellent meal will be followed by a wide-ranging discussion 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 … [Read more...]

Heed the Mad Day Trader’s Q2 Forecasts

Jim Parker

Mad Day Trader, Jim Parker, thinks that the next three to six months will be a tough time for the financial markets. They won’t crash, but won’t break out to new highs either. Instead, they will stay confined to technically driven, narrow, low volume ranges that will cause traders to tear their hair out. It will be an environment where it will be tough for anyone to make … [Read more...]

March 24, 2014

Global Market Comments March 24, 2014 Fiat Lux Featured Trade: (MARCH 26 GLOBAL STRATEGY WEBINAR), (READ OIL & ENERGY INSIDER FOR TRADING CLUES), (USO), (UNG), (APC), (NBL) (END OF THE COMMODITY SUPERCYCLE), (SLV), (PPLT), (PALL), (CU), (BHP), (USO), (CORN), (WEAT), (SOYB), (DBA), (RSX) United States Oil (USO) United States Natural Gas (UNG) Anadarko Petroleum … [Read more...]

Don’t Miss the March 26 Global Strategy Webinar

John Thomas

My next global strategy webinar will be held on Wednesday, March 26 at 12:00 PM EDT. This time Mad Day Trader Jim Parker will be my willing coconspirator. 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...]

Read Oil & Energy Insider for Trading Clues

Oil fire

I am often asked to divulge my research sources that give me my unfair advantage in trading. I usually decline such requests, unwilling to part with the “secret sauce” that enables me to beat the market, as well as most other hedge fund managers year after year. Why level the playing field for my competitors, what few there are? However, it would be greedy and selfish of me … [Read more...]

End of the Commodity Super Cycle

Gold Coins

Traders have been watching in complete awe the rapid decent of the price of copper (CU), which is emerging as the most despised asset class of 2014, after commodity producer Market Vectors Russia ETF (RSX). But it is becoming increasingly apparent that the collapse of prices for the many commodities is part of a much larger, longer-term macro trend. It isn’t just the red … [Read more...]

March 21, 2014

Global Market Comments March 21, 2014 Fiat Lux Featured Trade: (CHICAGO FRIDAY, MAY 23 GLOBAL STRAGEGY LUNCHEON) (THE RECEPTION THAT THE STARS FELL UPON), (NLR), (CCJ), (CORN), (WEAT), (SOYB), (DBA), (THE MOST FUNCTIONAL WORD IN THE ENGLISH LANGUAGE) Market Vectors Uranium+Nuclear Enrgy ETF (NLR) Cameco Corporation (CCJ) Teucrium Corn (CORN) Teucrium Wheat … [Read more...]

Chicago Friday, May 23 Global Strategy Luncheon

Chicago

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Chicago on Friday, May 23. 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, precious metals, and real estate. And to … [Read more...]

The Reception That the Stars Fell Upon

Sam Nunn

My friend was having a hard time finding someone to attend a reception who was knowledgeable about financial markets, White House intrigue, international politics, and nuclear weapons. I asked who was coming. She said Reagan’s Treasury Secretary, George Shultz, Clinton’s Defense Secretary, William Perry, and Senate Armed Services Chairman, Sam Nunn. I said I’d be there … [Read more...]

The Most Functional Word in the English Language

Girl-I don't know!

Passed on by a friend with my apologies in advance: Well, it's shit... That's right, shit! Shit may just be the most functional word in the English language. You can smoke shit, buy shit, sell shit, lose shit, find shit, forget shit, and tell others to eat shit. Some people know their shit, while others can't tell the difference between shit and Shinola. There are lucky shits, … [Read more...]

March 20, 2014

Global Market Comments March 20, 2014 Fiat Lux Featured Trade: (ORLANDO FLORIDA SATURDAY, MAY 17 GLOBAL STRAGEGY LUNCHEON), (MAKING HAY WITH THE EAGLEFORD SHALE), (USO), (UNG), (XOM), (CVX), (LNG), (CHK), (HAL) (THE PASSING OF A GREAT MAN) United States Oil (USO) United States Natural Gas (UNG) Exxon Mobil Corporation (XOM) Corporation (CVX) Chevron Cheniere Energy, … [Read more...]

Orlando, Florida Saturday May 17 Global Strategy Luncheon

Magic Kingdon, Orland, FL

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Orlando, Florida on Saturday, May 17. 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, precious metals, and real … [Read more...]

March 19, 2014

Global Market Comments March 19, 2014 Fiat Lux Featured Trade: (LAS VEGAS WEDNESDAY, MAY 14 GLOBAL STRAGEGY LUNCHEON), (THE MYSTERY OF THE MISSING $100 BILLION), (TLT), (AN EVENING WITH CONGRESS BARNEY FRANK) iShares 20+ Year Treasury Bond (TLT) … [Read more...]

Las Vegas Wednesday, May 14 Global Strategy Luncheon

las-vegas-welcome-sign

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Las Vegas, Nevada on Wednesday, May 14. 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, precious metals, and real … [Read more...]

The Mystery of the Missing $100 billion

Gold Bars

Now you see it, now you don’t. That was the question observers of international monetary flows were asking after last week’s data release from the Federal Reserve. These showed that some $104.5 billion in Treasury securities held in custody accounts were withdrawn. It doesn’t mean that these bonds were sold. You certainly would have noticed this in the Treasury market, … [Read more...]

An Evening with Congressman Barney Frank

John Thomas and Barney Frank

One of the highlights of last year’s SkyBridge Alternatives Conference was the blowout party on Wednesday night (click the following for the blow by blow description at http://madhedgefundradio.com/report-on-the-skybridge-alternatives-conference/). Seeking refuge from a band that was blasting my ears out, and fleeing the nubile young bodies that kept bumping up against me … [Read more...]

March 18, 2014

Global Market Comments March 18, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON (ITS TIME FOR A STRATEGY CHANGE), (SPY), (DAL), (GE), (GS), (BAC), (TLT), ($DAX), (HOW TO TRADE CALL SPREADS IN AUSTRALIA), (MY FAVORITE SECRET ECONOMIC INDICATOR) SPDR S&P 500 (SPY) Delta Air Lines Inc. (DAL) General Electric Company (GE) The Goldman … [Read more...]

Friday April 25 San Francisco Strategy Luncheon

San Francisco

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in San Francisco on Friday, April 25, 2014. An excellent meal will be followed by a wide ranging discussion 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 … [Read more...]

It’s Time for a Strategy Change

Strategy Change

There is absolutely no doubt that both risk and volatility are rising in the financial markets. The higher the indexes rise, the sharper the intraday breaks. That is never a healthy sign for a bull market that has thrived for more than two years without a 10% correction. The Crimean referendum should have been a yawn, not worthy of the 400 point swan dive that the Dow … [Read more...]

How to Trade Call Spreads in Australia

Kangaroo

For the many Australians who recently subscribed to Mad Hedge Fund Trader PRO, a temporary regulatory obstacle has emerged. There are two types of trading accounts permitted by Australian financial regulators: Cash Accounts – opened by individuals Regulation “T” accounts -  opened by corporations and trusts Reg “T” accounts have no problems executing any of my Trade … [Read more...]

My Favorite Secret Economic Indicator

Graduation

It was with an enormous sense of pride and relief that I watched the last of my kids graduate from the University of California at Berkeley. Clutching his hard fought degree in political economics in hand, Robert posed for photos among friends, with thousands of beaming parents looking on. His mother died ten years ago, and raising three kids alone, getting them through top … [Read more...]

March 17, 2014

Global Market Comments March 17, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 4 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON), (CHARTS TO WATCH FOR AN END TO THE CRISIS), (SPY), (TLT),(FXY), (RSX), (GLD), (CU), (CYB), (VIX), (VXX), (RUNNING THE SAN FRANCISCO BAY TO BREAKERS) SPDR S&P 500 (SPY) iShares 20+ Year Treasury Bond (TLT) CurrencyShares Japanese Yen Trust … [Read more...]

Friday April 4 Incline Village, Nevada Global Strategy Luncheon

Lake Tahoe View

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Incline Village, Nevada on Friday, April 4, 2014. An excellent meal will be followed by a wide-ranging discussion 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 … [Read more...]

Charts to Watch For an End to the Crisis

Atomic Bomb

Bad China data….Russia threatens the Ukraine….more bad China data….maneuvers at the Russia-Crimea border. The bull has been punched out with a market that was down every day last week, China and Russia both taking turns thrashing investors, like tag team wrestlers. When will it end? The canaries in the coal mine will be found in the charts below. This is where you will first … [Read more...]

Running the San Francisco Bay to Breakers

Medal-Bay to Breakers SF

I suffer earthquakes, forest fires, floods, dubious neighbors, high taxes, corrupt politicians, and a bankrupt state government to live in California. It is all worth it just to run the Bay to Breakers every year, a five mile run from the San Francisco Bay to the Pacific Ocean, which has evolved into the world’s most bizarre sporting event. The word from race organizers … [Read more...]

March 14, 2014

Global Market Comments March 14, 2014 Fiat Lux Featured Trade: (ORLANDO FLORIDA SATURDAY, MAY 17 GLOBAL STRAGEGY LUNCHEON), (CASHING IN ON THE SAUDI ARABIA OF MILK), (ENZL), (TAKE A RIDE IN THE NEW SHORT JUNK ETF), (SJB), (JNK), (CORN) iShares MSCI New Zealand Capped (ENZL) ProShares Short High Yield (SJB) SPDR Barclays High Yield Bond (JNK) Teucrium Corn (CORN) … [Read more...]

Orlando, Florida Saturday May 17 Global Strategy Luncheon

Magic Kingdon, Orland, FL

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Orlando, Florida on Saturday, May 17. 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, precious metals, and real … [Read more...]

Cashing in on the “Saudi Arabia of Milk”

New Zealand Flag

On of the scariest parts of driving around New Zealand a few weeks ago were these huge trucks and trailers that came barreling at you on tiny narrow roads. There couldn’t have been more than a few inches of clearance between us. This, I had to deal with while driving a rental stick shift on the left side of the road in a pouring rain storm. Yes, they still make sticks in … [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 pay for it. The resulting returns for investors are disastrous. But occasionally a blind squirrel finds an acorn, and if you fire buckshot long enough, … [Read more...]

Why This Chart is Utterly Meaningless

Child with Binoculars

Much has been made of the rising level of margin debt held by individuals. Cumulative NYSE margin debt, or the amount of money lent to buy stocks on credit, is rapidly approaching $2.3 trillion, an all time high. Historically, when this figure peaked, and no more money was available for mom and pop to buy shares with broker loans, markets fell. This has been put forward … [Read more...]

The Real Estate Market in 2030

Home for Sale

Long time readers of this letter know too well that I have been hugely negative on the sector since late 2005, when I unloaded all of my holdings (click here for ‘The Hard Truth About Residential Real Estate’). However, I believe that ‘forever’ may be on the extreme side. Personally, I believe there will be great opportunities in real estate starting in 2030. Let’s back up … [Read more...]

March 12, 2014

Global Market Comments March 12, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON), (WHY COPPER IS CRASHING), (CU), (FCX), (BREAKFAST WITH FED GOVERNOR BOB MCTEER), Pulling the Ripcord on GM (BAC), (GS), (GM), (AIG) First Trust ISE Global Copper Index (CU) Freeport-McMoRan Copper & Gold Inc. (FCX) Bank of America Corporation … [Read more...]

Friday April 25 San Francisco Strategy Luncheon

San Francisco

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in San Francisco on Friday, April 25, 2014. An excellent meal will be followed by a wide-ranging discussion 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 … [Read more...]

Why Copper is Crashing

Pennies

When Dr. Copper (CU), the only commodity with a PhD in economics, suddenly collapses from a heart attack, risk takers everywhere have to sit up and take notice. Since the 2011 top, the red metal has collapsed a shocking 38%. It has given back 10% just in the last two weeks. Will copper take down the rest of the financial markets with it? I don’t think so. So called … [Read more...]

Breakfast with Fed Governor Bob McTeer

McTeerRobert[1]

No one can explain the most complex economic and monetary issues in a simpler, more homespun fashion than former governor of the Federal Reserve, Bob McTeer. He is known for carrying around two yardsticks, one slightly longer than the other, to demonstrate to your average guy the monthly changes in employment. Bob argues that the Fed is getting a bad rap today. Ben … [Read more...]

Pulling the Ripcord on GM

John Thomas

Ouch. To get snake bit twice in two days hurts. But three times? I thought that when the General Motors (GM) ignition recall was announced last week, it was a nice entry point on the long side. I was right for at least a whole day. This morning news hit that there would be a congressional investigation of GM’s handling of the issue. Usually these are no big deal, go … [Read more...]

March 11, 2014

Global Market Comments March 11, 2014 Fiat Lux Featured Trade: (MAD HEDGE FUND TRADER KILLS IT WITH A 2014 12.6% RETURN), (TLT), (SPY), (BAC), (GM), (EBAY), (DAL), (GS), (XLV), (XLF), (GE), (MARCH 12 GLOBAL STRATEGY WEBINAR), (EUROPEAN STYLE HOMELAND SECURITY) iShares 20+ Year Treasury Bond (TLT) SPDR S&P 500 (SPY) Bank of America Corporation (BAC) General … [Read more...]

Mad Hedge Fund Trader Kills it with a 12.6% 2014 Return

John Thomas

The industry beating performance of the Mad Hedge Fund Trader’s Trade Alert Service has maintained its gob smacking pace from last year, picking up another 12.6% profit in the first ten trading weeks of 2014. The Dow Average was up a feeble 1.4% during the same period, pegging my outperformance of the index at a stunning 11.2%. Since the beginning of 2013, I am up 80%, with … [Read more...]

Don’t Miss the March 12 Global Strategy Webinar

Robin Williams

My next global strategy webinar will be held on Wednesday, March 12 at 12:00 PM EST. This time Mad Day Trader Jim Parker will be my willing coconspirator. 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...]

European Style Homeland Security

CleeseJohn2

The English are feeling the pinch in relation to recent geopolitical events, and have therefore raised their security level from "Miffed" to "Peeved." Soon, though, security levels may be raised yet again to "Irritated" or even "A Bit Cross." The English have not been "A Bit Cross" since the blitz in 1940, when tea supplies nearly ran out. Terrorists have been … [Read more...]

March 10, 2014

Global Market Comments March 10, 2014 Fiat Lux Featured Trade: (THE MARKET LEADERSHIP CHANGE HAS BEGUN), (XLK), (XLV), (AAPL), (XLF), (BAC), (GS), (JPM), (GM), (F) (WATCH OUT! YOU PC IS WATCHING) Technology Select Sector SPDR® (XLK) Health Care Select Sector SPDR® (XLV) Apple Inc. (AAPL) Financial Select Sector SPDR® (XLF) Bank of America Corporation (BAC) The … [Read more...]

The Market Leadership Change Has Begun

Cars - Snow Covered

Owners of technology (XLK) and health care stocks (XLV) have certainly had a great year. Except for the round of profit taking that did a quick hit and run in January, these two groups have been moving from strength to strength, punching through to multiyear highs. That is, until last week. Starting with the Ukraine induced plunge a week ago, these two leadership … [Read more...]

Be Careful! Your PC is Watching

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 straighten you out. About a month ago you clicked on a certain website, and I installed myself as a cookie on your … [Read more...]