March 5, 2014

Global Market Comments March 5, 2014 Fiat Lux Featured Trade: (CHICAGO FRIDAY, MAY 23 GLOBAL STRAGEGY LUNCHEON), (LUCKY FIND SPARKS NEW CALIFORNIA GOLD RUSH), (GLD), (THE DIFFERENCE BETWEEN MAD HEDGE FUND TRADER AND MAD DAY FUND TRADER), (THE NEW CALIFORNIA GOLD RUSH) … [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...]

March 4, 2014

Global Market Comments March 4, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON) (THE NEW WAR IN THE UKRAINE), (RSX), (USO), ($BRENT), (WEAT), (UNG), (EEM), (TIME TO SELL THE TREASURY MARKET SHORT), (TLT), (TBT) Market Vectors Russia ETF (RSX) United States Oil (USO) Brent Crude OiL-Spot Price(EOD) ICE ($BRENT) Teucrium Wheat … [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...]

The New War in the Ukraine

Soldiers

It was another one of those midnight calls from my old KGB friend. Yuri was assigned to tail me in Tokyo during the 1970’s. He even came to my wedding as the official TASS correspondent. We have stayed in touch ever since. After the fall of the Soviet Union, he landed on his feet (as did his buddy, Vladimir Putin), eventually ending up in the hedge fund industry. Yuri … [Read more...]

Time to Sell the Treasury Market Short

Vladimir Putin

There is a layup of a trade setting up here in the wake of the escalating crisis in the Ukraine. Since January 2, the Treasury bond market (TLT) has enjoyed a massive 8 point rally, taking the ten year yield from 3.05% to 2.60%. By shorting Treasury bonds here, you are betting that the yield doesn’t drop below 2.48% by March 21, an eight month low. That is only 13 trading … [Read more...]

March 3, 2014

Global Market Comments March 3, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 4 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON), (ALL ASSET CLASS RISK REVERSAL AT HAND), (SPY), (EEM), (TLT), (VXX), (FXY), (YCS), (FXE), (UUP), (WHY WATER WILL SOON BE WORTH MORE THAN OIL), (CGW), (PHO), (FIW), (VE), (TTEK), (PNR), (TESTIMONIAL) SPDR S&P 500 (SPY) iShares MSCI Emerging … [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...]

All Asset Class Risk Reversal at Hand

John Thomas - Snorkel

I believe that we are on the verge of seeing major reversals across all asset classes. Get this one right, and you will make a fortune. Screw it up, and you will soon be looking for your next job on Craig’s List. I understand that there is a desperate need for code writers in the cloud. As always, I am taking my cue from the bond market. The great anomaly in the financial … [Read more...]

February 28, 2014

Global Market Comments February 27, 2014 Fiat Lux Featured Trade: (WHY I’M SELLING SHORT THE MARKET) (SPY), (TSLA), (NFLX), (FB), (PCLN), (YELP), (XLF), (XLE), (REPORT FROM NEW ZEALAND), (ENZL) SPDR S&P 500 (SPY) Tesla Motors, Inc. (TSLA) Netflix, Inc. (NFLX) Facebook, Inc. (FB) priceline.com Incorporated (PCLN) Yelp, Inc. (YELP) Financial Select Sector SPDR® … [Read more...]

Why I’m Selling Short the Market

monks

Let me give you my thinking here. I am a long-term bull, expecting the S&P 500 to be up 10% or more to over 2,000 by yearend, and possibly 20,000 by 2030. But yearend is a long time off (even though every year seems to go by faster). We have just had a massive 11 point pop in the (SPY) during my two week trip to Australia. So a period of digestion is called for. My (BAC) … [Read more...]

February 27, 2014

Global Market Comments February 27, 2014 Fiat Lux Featured Trade: (DIVIDEND HIKE COULD SEND BANK OF AMERICA FLYING), (BAC), (XLF), (SPY), (PLEASE USE MY FREE DATA BASE SEARCH), (TESTIMONIAL), (IS USA, INC. A “SELL”) Bank of America Corporation (BAC) Financial Select Sector SPDR® (XLF) SPDR S&P 500 (SPY) … [Read more...]

Dividend Hike Could Send Bank of America Flying

Bank of America

Bank of America (BAC) certainly was the chief whipping boy of the financial crisis. Since 2008, it has paid out more than $50 billion in fines and lawsuit settlements for every transgression under the sun. After getting a bail out from the US Treasury, it was forced to cut its dividend payment to a token one cent. Do any Google search on the company and you are inundated … [Read more...]

February 26, 2014

Global Market Comments February 26, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 4 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON), (ANOTHER HOME RUN WITH NATURAL GAS), (UNG), (DGAZ), (UNL), (GET READY FOR YOUR NEXT BIG TAX HIT) United States Natural Gas (UNG) VelocityShares 3x Inv Natural Gas ETN (DGAZ) United States 12 Month Natural Gas (UNL) … [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...]

Another Home Run with Natural Gas

Gas Fire

It looks like I hit the nail on the head once again with a major short position in the United States Natural Gas Fund (UNG). After my followers bought the July, 2014 $26 puts at $2.16 on Monday, the (UNG) suffered its worst trading day since 2007, the underlying commodity plunging a breathtaking 11%. The puts roared as high as $3.05, a gain of 42% in mere hours. I wish they … [Read more...]

February 25, 2014

Global Market Comments February 25, 2014 Fiat Lux Featured Trade: (IM BACK FROM THE LAND DOWN UNDER), (FEBRUARY 26 GLOBAL STRATEGY WEBINAR), (MAD HEDGE FUND TRADER LEAPS AHEAD WITH A 9.31% 2014 RETURN),  (UNG), (BAC) (BUDGET CUTS HIT THE WILD ANIMAL MAKET) United States Natural Gas (UNG) Bank of America Corporation (BAC) … [Read more...]

I’m Back from the Land Down Under

John Thomas

I’m half mad with jet lag, and I haven’t pooped in three days. But I’m back from the magical Land Down Under. It was another one of those incredible, once in a lifetime, bucket list type trips. The highlight was flying my own plane out to a small speck of a coral island 40 miles at sea in the Great Barrier Reef National Park. There I spotted electric blue starfish, … [Read more...]

Don’t Miss the February 26 Global Strategy Webinar

Robin Williams

My next global strategy webinar will be held on Wednesday, February 26 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...]

Mad Hedge Fund Trader Leaps Ahead With a 9.31% 2014 Profit

Trade Performance

The red hot performance of the Mad Hedge Fund Trader’s Trade Alert Service has maintained its blistering pace from last year, picking up another 9.31% profit in the first seven trading weeks of 2014. The Dow Average was down 2.3% during the same period, pegging my outperformance of the index at a stunning 11.6%. Since the beginning of 2013, I am up 76.8%. 2013 closed with a … [Read more...]

Budget Cuts Hit the Wild Animal Market

siberian-tiger-6

In case you missed it, the second hand animal market has crashed. Forced to slash budgets by cash starved municipalities, the nation’s public zoos have been paring back their collections of living exhibits. The Washington Zoo is trying to offload a 7,000 pound hippopotamus; while the San Francisco Zoo is short some tigers after one ate a visitor and had to be shot. The … [Read more...]

February 24, 2014

Global Market Comments February 24, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON), (THINGS ARE HEATING UP IN MEXICO), (BSMX), (EWW), (UMX), (AN AFTERNOON WITH BOONE PICKENS) (UNG), (USO) Grupo Financiero Santander Mexico, S.A.B. de C.V. (BSMX) iShares MSCI Mexico Capped (EWW) ProShares Ultra MSCI Mexico Cppd IMI (UMX) United States … [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...]

Things are Heating Up in Mexico

Mexican

I have fond memories traveling around northern Mexico during the 1950’s. My grandfather used to drive us across the border into Baja in his pickup truck, the back loaded with camping equipment, water, fishing poles, rifles, and shotguns. There was no border control. To eat, we only had to wait for the tide to go out on the Sea of Cortez, uncovering a banquet of fresh … [Read more...]

An Afternoon with Boone Pickens

Boone Pickens

Reformed oil man, repenting sinner, and borne again environmentalist T. Boone Pickens says that “When we turn the US green, it will have the best economy ever.” I met the spry, homespun billionaire at San Francisco’s Mark Hopkins on a leg of his self-financed national campaign to get America to kick its dangerous dependence on foreign oil imports. For the past 30 years, the … [Read more...]

February 21, 2014

Global Market Comments February 21, 2014 Fiat Lux Featured Trade: (AMERICA’S NATIVE INDIAN ECONOMY), (THE TAX RATE FALLACY) … [Read more...]

America’s Native Indian Economy

indian

When I was remodeling my 160-year-old London house, the chimney was in desperate need of attention. After the bricklayer crawled up the fireplace, he found a yellowed and somewhat singed envelope addressed to Santa Claus. Thinking it was placed there by my kids, he handed it over to me. In it was a letter dated Christmas, 1910 asking for a Red Indian suit. Europeans have … [Read more...]

The Tax Rate Fallacy

irs

When anyone starts lecturing you that the US has the highest tax rate in the industrialized world, just turn around, walk away, and pretend you never heard of them. This person is either ignorant about this country's taxation system, or is deliberately trying to deceive you. According to a report released by the Internal Revenue Service, America's tax collection agency, the … [Read more...]

February 20, 2014

Global Market Comments February 20, 2014 Fiat Lux Featured Trade: (NOTICE TO MILITARY SUBSCRIBERS), (CHINA’S COMING DEMOGRAPHIC NIGHTMARE), (TRIBUTE TO A GIANT OF JOURNALISM, ROY ESSOYAN) … [Read more...]

Notice to Military Subscribers

Soldier

To the dozens of subscribers in Iraq, Afghanistan, and the surrounding ships at sea, thank you for your service! I think it is very wise to use your free time to read my letter and learn about financial markets in preparation for an entry into the financial services when you cash out. Nobody is going to call you a baby killer and shun you, as they did when I returned from … [Read more...]

China’s Coming Demographic Nightmare

emperor

Thanks to China's “one child only” policy adopted 30 years ago, and a cultural preference for children who grow up to become family safety nets, there are now 32 million more boys under the age of 20 than girls. Large scale interference with the natural male:female ratio has been tracked with some fascination by demographers for years, and is constantly generating unintended … [Read more...]

Tribute to a Giant of Journalism, Roy Essoyan

Roy Essoyan

I had been filled with great sadness when I had learned of the passing of an old friend and mentor, Roy Essoyan, the former Tokyo bureau chief for the Associated Press. When I was a young, wet behind the ears financial journalist in Japan during the early seventies, Roy had the charity to take me under his wing and teach me a few tricks of the trade. We often met for lunch … [Read more...]

February 19, 2014

Global Market Comments February 19, 2014 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE SATURDAY FEBRUARY 22 BRISBANE AUSTRALIA STRATEGY LUNCH) (NOT YOUR FATHER’S RAILROADS), (UNP), (CSX), (NSC), (CP), (THE WORST TRADE OF ALL TIME), (GLD) Union Pacific Corporation (UNP) CSX Corp. (CSX) Norfolk Southern Corporation (NSC) Canadian Pacific Railway Limited … [Read more...]

Last Chance to Attend the Saturday, February 22 Brisbane Australia Strategy Lunch

Brisbane, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Brisbane, Australia on Saturday, February 22, 2014. An excellent meal will be followed by a wide ranging discussion and a question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies, commodities, precious metals, and real estate. I also … [Read more...]

Not Your Father’s Railroads

Train-Cargo

When I rode Amtrak’s California Zephyr service from Chicago to San Francisco last year, we passed countless trains heading west hauling hoppers full of coal for shipment to China. This year I took the same trip. The coal trains were gone. Instead I saw 100 car long tanker trains transporting crude oil from North Dakota south to the Gulf Coast. I thought, “There’s got to be a … [Read more...]

February 18, 2014

Global Market Comments February 18, 2014 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE THURSDAY FEBRUARY 20 MELBOURNE, AUSTRALIA STRATEGY LUNCH) (AN EVENING WITH GOVERNMENT MOTORS), (GM), (BUSINESS IS BOOMING AT ROUGH TIMES), (GLD), (SLV), (CCJ), (NLR) General Motors Company (GM) SPDR Gold Shares (GLD) iShares Silver Trust (SLV) Cameco Corporation … [Read more...]

Last Chance to Attend the Thursday, February 20 Melbourne Lunch Invitation

Melbourne, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Melbourne, Australia on Thursday, February 20, 2014. An excellent meal will be followed by a wide ranging discussion and a minute 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...]

An Evening with “Government Motors”

GM-CEO-Dan-Akerson-1

Long-term readers of this letter are well aware of my antipathy towards General Motors (GM). For decades, the company turned a deaf ear to customer complaints about shoddy, uncompetitive products, arcane management practices, entitled dealers, and a totally inward looking view of the world that was rapidly globalizing. It was like watching a close friend kill himself through … [Read more...]

Business is Booming at Ruff Times

Lady Liberty

Following Howard Ruff for the last 40 years has always been eye opening, if not entertaining. The irascible Mormon is the publisher of Ruff Times, one of the oldest investment letters in the business, and one of the original worshipers of hard assets. Ruff says that any investment denominated in dollars is a mistake, which is in a long term down trend, along with all paper … [Read more...]

February 14, 2014

Global Market Comments February 14, 2014 Fiat Lux Featured Trade: (SATURDAY FEBRUARY 22 BRISBANE AUSTRALIA STRATEGY LUNCH), (DECODING THE GREEBACK), (THE FUSION IN YOUR FUTURE), (WHAT ABOUT ASSET ALLOCATION?) … [Read more...]

Saturday February 22 Brisbane Australia Strategy Lunch

Brisbane, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Brisbane, Australia on Saturday, February 22, 2014. An excellent meal will be followed by a wide ranging discussion and a question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies, commodities, precious metals, and real estate. I also … [Read more...]

February 13, 2014

Global Market Comments February 13, 2014 Fiat Lux Featured Trade: (THURSDAY FEBRUARY 20 MELBOURNE, AUSTRALIA STRATEGY LUNCH) (THERE ARE NO GURUS), (WATCH OUT FOR THE MILLENNIAL VOTER) (TESTIMONIAL) … [Read more...]

Thursday, February 20 Melbourne Lunch Invitation

Melbourne, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Melbourne, Australia on Thursday, February 20, 2014. An excellent meal will be followed by a wide ranging discussion and a minute 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...]

February 12, 2014

Global Market Comments February 12, 2014 Fiat Lux Featured Trade: (GET READY FOR THE NEXT GOLDEN AGE), (SPY), (QQQ), (IWM), (EEM), (KOL), (USO), (UNG), (TSLA), (NSANY), (FXY), (YCS), (FXE) SPDR S&P 500 (SPY) PowerShares QQQ (QQQ) iShares Russell 2000 (IWM) iShares MSCI Emerging Markets (EEM) Market Vectors Coal ETF (KOL) United States Oil (USO) United States … [Read more...]

Get Ready for the Next Golden Age

thunderbird_1

I believe that the global economy is setting up for a new golden age reminiscent of the one the United States enjoyed during the 1950’s, and which I still remember fondly. This is not some pie in the sky prediction. It simply assumes a continuation of existing trends in demographics, technology, politics, and economics. The implications for your investment portfolio will be … [Read more...]

February 11, 2014

Global Market Comments February 11, 2014 Fiat Lux Featured Trade: (FRIDAY FEBRUARY 14 SYDNEY, AUSTRALIA STRATEGY LUNCH), (WHY WARREN BUFFETT HATES GOLD), (GLD), (GDX), (ABX), (AN EVENING WITH JAMES BAKER III), (CONNECTING UP AMERICA) SPDR Gold Shares (GLD) Market Vectors Gold Miners ETF (GDX) Barrick Gold Corporation (ABX) … [Read more...]

Friday, February 14 Sydney, Australia Lunch invitation

Sydney, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Sydney, Australia at 12:00 noon on Friday, February 14, 2014. An excellent meal will be followed by a wide ranging discussion and a minute question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and … [Read more...]

Wednesday, February 12 Auckland, New Zealand Strategy Lunch

Auckland

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Auckland, New Zealand on Wednesday, February 12, 2014. An excellent meal will be followed by a wide-ranging discussion and question-and-answer period. I’ll be giving you my up-to-date view on stocks, bonds, currencies, commodities, precious metals, and real estate. I … [Read more...]

A Touchdown for USC

David and Dana Dornsife

One of my many alma maters, the University of Southern California, announced that they had received their largest private donation ever. As a third generation alumni of this fanatical football factory (I went to school with Mark Harmon, Lynn Swan, and, oops, OJ Simpson), I still receive their alumni newsletter, where I learned the good news. David and Dana Dornsife gave $200 … [Read more...]

February 7, 2014

Global Market Comments February 7, 2014 Fiat Lux Featured Trade: (TAKING OFF FOR THE ANTIPODES), (SATURDAY FEBRUARY 22 BRISBANE AUSTRALIA STRATEGY LUNCH), (TESTIMONIAL) … [Read more...]

Taking off for the Antipodes

John Thomas-Sydney

I will be departing for my Mad Hedge Fund Trader’s 2014 Australia and New Zealand tour as soon as I finish writing today’s letter. During the next 18 days, I will fly 22,000 miles, dining with my abundance of readers in the southern hemisphere. I am leaving you in good hands with a clean conscience. The markets graciously allowed me to exit my three remaining positions with … [Read more...]

Saturday, February 22 Brisbane, Australia Strategy Lunch

Brisbane, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Brisbane, Australia on Saturday, February 22, 2014. An excellent meal will be followed by a wide ranging discussion and a question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies, commodities, precious metals, and real estate. I also … [Read more...]

February 6, 2014

Global Market Comments February 6, 2014 Fiat Lux Featured Trade: (THURSDAY FEBRUARY 20 MELBOURNE, AUSTRALIA STRATEGY LUNCH) (MAD HEDGE FUND TRADER SURGES AHEAD WITH A 5.78%), (TLT), (UNG), (AAPL) (DINNER WITH ELIOT SPITZER) iShares 20+ Year Treasury Bond (TLT) United States Natural Gas (UNG) Apple Inc. (AAPL) … [Read more...]

Thursday, February 20 Melbourne Lunch Invitation

Melbourne, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Melbourne, Australia on Thursday, February 20, 2014. An excellent meal will be followed by a wide ranging discussion and a minute 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...]

Mad Hedge Fund Trader Rockets Ahead With a 6.49% January Profit

John Thomas - Skis

The red hot performance of the Mad Hedge Fund Trader’s Trade Alert Service has maintained its blistering pace from last year, picking up another 6.49% profit in the first two trading weeks of 2014. The Dow Average was down 6.2% during the same period pegging my outperformance of the index at a stunning 12.7%. Since the beginning of 2013, I am up 77%. 2013 closed with a total … [Read more...]

February 5, 2014

Global Market Comments February 5, 2014 Fiat Lux Featured Trade: (FRIDAY FEBRUARY 14 SYDNEY, AUSTRALIA STRATEGY LUNCH), (THREE CHARTS THAT WILL TURN THE MARKETS), (TLT), (TBT), (FXY), (YCS), (SPX), (BAC), (C), (GLD), (GRAPES OF WRATH REDUX), (TESTIMONIAL) iShares 20+ Year Treasury Bond (TLT) ProShares UltraShort 20+ Year Treasury (TBT) CurrencyShares Japanese Yen … [Read more...]

Friday, February 14 Sydney Lunch invitation

Sydney, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Sydney, Australia at 12:00 noon on Friday, February 14, 2014. An excellent meal will be followed by a wide ranging discussion and a minute question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies, commodities, precious metals, and … [Read more...]

Three Charts That Will Turn the Markets

Hula Girls

I wrote at length yesterday about why this is not a new bear market, but a traditional 7%-10% correction instead. Now, I’ll show you three charts that will call the exact turnaround. The ten-year Treasury bond (TLT), (TBT) is clearly the lead contract. It has, far and away, been the most accurate in anticipating the future direction of all asset classes. Get this one right, … [Read more...]

February 4, 2014

Global Market Comments February 4, 2014 Fiat Lux Featured Trade: (THREE CORRECTIONS FOR THE PRICE OF ONE), (TLT), (TBT), (SPY), (CHINA’S VIEW OF CHINA), (FXI), (EEM) (FEBRUARY 12 AUCKLAND NEW ZEALND STRATEGY LUNCH) iShares 20+ Year Treasury Bond (TLT) ProShares UltraShort 20+ Year Treasury (TBT) SPDR S&P 500 (SPY) iShares China Large-Cap (FXI) iShares MSCI … [Read more...]

Three Corrections for the Price of One

fat+lady+sings

I love this market action. For me, it means that we are setting up ideal entry points for a broad range of asset classes that will deliver another +67% year. It will set up for you too, if you continue to read this letter. What the market is in fact doing is giving us three corrections for the price of one. Remember the traditional September swoon that never happened, the … [Read more...]

Wednesday, February 12 Auckland, New Zealand Strategy Lunch

Auckland

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Auckland, New Zealand on Wednesday, February 12, 2014. An excellent meal will be followed by a wide-ranging discussion and question-and-answer period. I’ll be giving you my up-to-date view on stocks, bonds, currencies, commodities, precious metals, and real estate. I … [Read more...]

February 3, 2014

Global Market Comments February 3, 2014 Fiat Lux Featured Trade: (FEBRUARY 5 GLOBAL STRATEGY WEBINAR), (NOW WE’RE COOKING WITH GAS), (AMERICA’S DEMOGRAPHIC TIME BOMB), (TESTIMONIAL)   … [Read more...]

Don’t Miss the February 5 Global Strategy Webinar

Robin Williams

My next global strategy webinar will be held on Wednesday, February 5 at 12:00 PM EST. This time Mad Day Trader Jim Parker will be my willing co-conspirator. 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...]

Now We’re Cooking With Gas (UNG)

Natural-gas

Now We’re Cooking With Gas (UNG) Those who followed my advice to buy the United States Natural Gas Fund (UNG) July, 2014 $23 puts at $1.68 yesterday are now in the enviable position of owning a security that is running away to the upside. At this morning’s high the puts traded at $2.40, a one day gain of an eye popping 43%. I am getting emails from a lucky few that they … [Read more...]

January 31, 2014

Global Market Comments January 31, 2014 Fiat Lux Featured Trade: (TIME TO SELL NATURL GAS), (UNG), (USO), (MAD HEDGE FUND TRADER 2014 GLOBAL STRATEGY LUNCHEON SCHEDULE) United States Natural Gas (UNG) United States Oil (USO) … [Read more...]

Time to Sell Natural Gas

Billy Bob's

Time to Sell Natural Gas I received a crackly, hard to understand call late last night from one of my old natural gas buddies in the Barnet shale in Texas. Chances are that CH4 peaked in price last night with the expiration of the front month contract. It was time to sell. I spent five years driving a beat up pick up truck on the tortuous, jarring, washboard roads of this … [Read more...]

The Mad Hedge Fund Trader 2014 Global Strategy Luncheon Schedule

2014 Luncheon Schedule

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Luncheons, which I will be conducting around the world throughout 2014. Please find the schedule for the next six months below. To warm you up, I’ll email you a PowerPoint presentation covering the broad range of topics we may cover, which is pretty much everything on the planet.  An excellent meal will be … [Read more...]

January 30, 2014

Global Market Comments January 30, 2014 Fiat Lux Featured Trade: (SATURDAY FEBRUARY 22 BRISBANE AUSTRALIA STRATEGY LUNCH) (PULLING THE RIPCORD ON SOFTBANK), (SFTBY), (HAPPY BIRTHDAY IRS!), (THE TECHNOLOGY NIGHTMARE COMING TO YOUR CITY) SoftBank Corp. (SFTBY) … [Read more...]

Saturday, February 22 Brisbane Australia Strategy Lunch

Brisbane, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Brisbane, Australia on Saturday, February 22, 2014. An excellent meal will be followed by a wide ranging discussion and a question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies, commodities, precious metals, and real estate. I also … [Read more...]

Pulling the Ripcord on Softbank (SFTBY)

SoftBank

The day I bought my second lot of shares in the internet giant on December 12 was the exact point where a year of upward momentum in this stock came to a juddering halt. The shares have since been like an errant teenaged child who you keep giving the benefit of a doubt until he goes out and steals a car. That is show business. The immediate cause for the selloff was a … [Read more...]

January 29, 2014

Global Market Comments January 29, 2014 Fiat Lux Featured Trade: (THURSDAY FEBRUARY 20 MELBOURNE, AUSTRALIA STRATEGY LUNCH) (AAPLE STRIKES AGAIN), (AAPL). (AN EVENING WITH TRAVEL GURU ARTHUR FROMMER) Apple Inc. (AAPL) … [Read more...]

Thursday, February 20 Melbourne Lunch Invitation

Melbourne, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Melbourne, Australia on Thursday, February 20, 2014. An excellent meal will be followed by a wide ranging discussion and a minute 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...]

Apple Strikes Again

apple logo

Let me tell you my thinking here. More than 51 million iPhones sold is good enough for me, 3.2 million more than they moved a year ago, and they are more expensive devices. IPads leapt from 22.9 million to 26 million, including the five high end ones I bought. The earnings announcement wasn’t that bad, with record quarterly YOY revenues of $57.6 billion reported. Earnings … [Read more...]

January 28, 2014

Global Market Comments January 28, 2014 Fiat Lux Featured Trade: (FRIDAY FEBRUARY 14 SYDNEY, AUSTRALIA STRATEGY LUNCH), (WHAT THE MARKETS ARE DOING FROM HERE), (SPY), (QQQ), (IWM), (FXY), (TLT), (TBT), (XLF), (XLY), (TURKEY IS ON THE MENU),  (TUR), (TKC) SPDR S&P 500 (SPY) PowerShares QQQ (QQQ) iShares Russell 2000 (IWM) CurrencyShares Japanese Yen Trust … [Read more...]

Friday, February 14 Sydney Lunch Invitation

Sydney, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Sydney, Australia at 12:00 noon on Friday, February 14, 2014. An excellent meal will be followed by a wide ranging discussion and a minute question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies, commodities, precious metals, and … [Read more...]

What the Markets Will Do from Here

Gunpowder barrel

For the last couple of nights, I have left my iPhone logged into the Argentina peso market, one of several troubled currencies igniting the emerging market contagion. Whenever the peso losses another handle to the US dollar, an alarm goes off. That gives me a head start on how American markets will behave the next day. I have not been getting a lot of sleep lately. My poor … [Read more...]

Turkey is On the Menu

Istanbul

I am building lists of emerging market ETF’s to snap up during the current sell off, and Turkey popped up on the menu. The country is only one of two Islamic countries that I consider investment grade, (Indonesia is the other one). The 82 million people of Turkey rank 15th in the world population, and 16th with a GDP of $960 billion. Furthermore, 25% of the population is … [Read more...]

January 27, 2014

Global Market Comments January 27, 2014 Fiat Lux Featured Trade: (FEBRUARY 12 AUCKLAND NEW ZEALND STRATEGY LUNCH) (THE PRICE OF STARDOM AT DAVOS), (WILL GOLD COINS SUFFER THE FATE OF THE $10,000 BILL), (GLD), (SIGN UP NOW FOR TEXT MESSAGING OF TRADE ALERTS) SPDR Gold Shares (GLD) … [Read more...]

Wednesday, February 12, Auckland, New Zealand Strategy Lunch

Auckland

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Auckland, New Zealand on Wednesday, February 12, 2014. An excellent meal will be followed by a wide-ranging discussion and question-and-answer period. I’ll be giving you my up-to-date view on stocks, bonds, currencies, commodities, precious metals, and real estate. I … [Read more...]

January 24, 2014

Global Market Comments January 24, 2014 Fiat Lux Featured Trade: (SATURDAY FEBRUARY 22 BRISBANE AUSTRALIA STRATEGY LUNCH) (A FEW THOUGHTS ON TRADING STRATEGY), (SPY), (QQQ), (IWM), (GLD), (GDX), (ABX), (TLT), (TBT), (ANOTHER DINNER WITH ROBERT REICH) SPDR S&P 500 (SPY) PowerShares QQQ (QQQ) iShares Russell 2000 (IWM) SPDR Gold Shares (GLD) Market Vectors Gold … [Read more...]

Saturday, February 22, Brisbane, Australia Strategy Lunch

Brisbane, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Brisbane, Australia on Saturday, February 22, 2014. An excellent meal will be followed by a wide ranging discussion and a question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies, commodities, precious metals, and real estate. I also … [Read more...]

A few Thoughts on Trading Strategy

Football-49er-Seahawks

After one of the wildest rides in recent memory, the stock market has ground to a complete halt. So have virtually all other asset classes as well. You can see this in the activity of my Trade Alert service as well. After sending out Alerts as fast as I could write them for the past three months, some three or four a day, the action has slowed to a snails pace. What … [Read more...]

Another Dinner With Robert Reich

Robert Reich

I never tire of listening to economics guru, Robert Reich, speak about the economy. He was former Labor Secretary under Bill Clinton, and ran against Mitt Romney for governor of Massachusetts (he lost). He has published 13 books. Oh, and he dated our recent Secretary of State, Hillary Rodham, when they were in law school together at Yale. I got to know Bob well when I took … [Read more...]

January 23, 2014

Global Market Comments January 23, 2014 Fiat Lux Featured Trade: (THURSDAY FEBRUARY 20 MELBOURNE, AUSTRALIA STRATEGY LUNCH), (AIRLINE STOCKS ARE CLEARED FOR TAKEOFF), (AAL) (UAL), (DAL), (LUV), (TESTIMONIAL) American Airlines Group Inc. (AAL) United Continental Holdings, Inc. (UAL) Delta Air Lines Inc. (DAL) Southwest Airlines Co. (LUV) … [Read more...]

Thursday, February 20 Melbourne, Australia Strategy Lunch

Melbourne, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Melbourne, Australia on Thursday, February 20, 2014. An excellent meal will be followed by a wide ranging discussion and a minute 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...]

Airline Stocks are Cleared for Take Off

United Airplain

When I was a young, clueless investment banker at Morgan Stanley 30 years ago, the head of equity sales took me aside to give me some fatherly advice. Never touch the airlines. The profitability of this industry was totally dependent on fuel costs, interest rates and the state of the economy and management hadn't the slightest idea of what any of these were going to do. If I … [Read more...]

January 22, 2014

Global Market Comments January 22, 2014 Fiat Lux Featured Trade: (FRIDAY FEBRUARY 14 SYDNEY, AUSTRALIA STRATEGY LUNCH), (WHY THE WORLD HATES THE AUSSIE), (FXA), (EWA), (EWZ), (FXI), (REVISITING CHENIERE ENERGY), (LNG), (USO), (UNG) CurrencyShares Australian Dollar Trust (FXA) iShares MSCI Australia (EWA) iShares MSCI Brazil Capped (EWZ) iShares China Large-Cap … [Read more...]

Friday February 14 Sydney Australia Strategy Lunch

Sydney, AU

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Sydney, Australia at 12:00 noon on Friday, February 14, 2014. An excellent meal will be followed by a wide ranging discussion and a minute question and answer period. I’ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and … [Read more...]

Why the World Hates the Aussie

Women in Bikinis

Discretion certainly can be the better part of valor. That was the feeling that came over me last weekend when I saw the Australian dollar (FXA) plunge to a new three year low against the buck. I had been mulling over buying the Aussie around the $88 support level for the past couple of months. After all, with a synchronized global recovery in progress, and an international … [Read more...]

January 21, 2014

Global Market Comments January 21, 2014 Fiat Lux Featured Trade: (FEBRUARY 12 AUCKLAND NEW ZEALND STRATEGY LUNCH), (HOW OBAMACARE WILL BOOST YOUR PORTFOLIO), (XLV), (GILD), (XLS), (XPH), (XBI), (GOOG) Health Care Select Sector SPDR (XLV) Gilead Sciences Inc. (GILD) Exelis Inc. (XLS) SPDR S&P Pharmaceuticals ETF (XPH) SPDR S&P Biotech ETF (XBI) Google Inc. … [Read more...]

Wednesday, February 12 Auckland, New Zealand Strategy Lunch

Auckland

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Auckland, New Zealand on Wednesday, February 12, 2014. An excellent meal will be followed by a wide-ranging discussion and question-and-answer period. I’ll be giving you my up-to-date view on stocks, bonds, currencies, commodities, precious metals, and real estate. I … [Read more...]

How Obamacare Will Boost Your Portfolio

Obama

Still basking in the glow of 2013’s spectacular 26% gain in the Dow, I sat down on a rock on a high mountain the other day to try and figure out what happened. The last time I saw a move this healthy was back in the nineties, when a perfect trifecta of the internet going mainstream, cheap graphical user interface enabled personal computers, and an easy to use World Wide Web … [Read more...]

January 17, 2014

Global Market Comments January 17, 2014 Fiat Lux Featured Trade: (MAD HEDGE FUND TRADER SURGES AHEAD WITH A 5.78% 2014 PROFIT), (SPY), (TLT), (XLK), (XLF), (XLE), (AAPL), (SFTBY), (FXY), (AT&T IS DILAING A WRONG NUMBER), (T), (VZ), (NFLX), (AMZN) SPDR S&P 500 (SPY) iShares 20+ Year Treasury Bond (TLT) Technology Select Sector SPDR (XLK) Financial Select … [Read more...]

Mad Hedge Fund Trader Surges Ahead With a 5.73% January Profit

TA Performance

The red hot performance of the Mad Hedge Fund Trader’s Trade Alert Service has maintained its blistering pace from last year, picking up another 5.73% profit in the first two trading weeks of 2014. The S&P 500 was down during the same period. Since the beginning of 2013, I am up 73.23%. 2013 closed with a total return for followers of 67.45%. Including both open and … [Read more...]

AT&T (T) is Dialing a Wrong Number

Lily Tomlin

AT&T (T), or Telephone as we used to call it on the floor on the New York Stock Exchange when we hand traded its shares, enjoyed a nice little 50-cent pop yesterday, to $34, only the second day it managed to rise this year. The move comes after a federal appeals court in Washington DC ruled that the FCC exceeded its authority when it told Verizon Communication (VZ) that … [Read more...]

January 16, 2014

Global Market Comments January 16, 2014 Fiat Lux Featured Trade: (CASHING IN ON APPLE), (AAPL) (BECOME MY FACEBOOK FRIEND), (OIL ISN’T WHAT IT USED TO BE), (USO), (DIG), (DUG) United States Oil (USO) ProShares Ultra Oil & Gas (DIG) ProShares UltraShort Oil & Gas (DUG) … [Read more...]

Cashing In on Apple

apple-1

Apple (AAPL) has delivered again, choosing the expiration week of my January, 2014 $490-$520 bull call spread to take forward their gigantic joint venture with China Mobile (CHL), far and away the world’s largest phone company. Expect to see video of long lines forming at Apple stores throughout china. This is always good for the share price. This assures that the spread … [Read more...]

January 15, 2014

Global Market Comments January 15, 2014 Fiat Lux Featured Trade: (INVESTORS WILL WIN THE ETF PRICE WAR), (BIDDING FOR THE STARS), (SPX), (INDU), (THE DEATH OF THE MUTUAL FUND), (TESTIMONIAL) S&P 500 Index (SPX) Dow Jones Industrial Average Index (INDU) … [Read more...]

Investors Will Win the ETF Price War

Hannibal Lecter

Many hedge fund traders are unhappy about the current near monopoly enjoyed by the top three ETF issuers, Black Rock, State Street, and Vanguard, which control 80% of the market. At last count there were more than 4,800 ETF’s that were capitalized at $2.1 trillion. The result has been grasping management fees, exorbitant expense ratios, and poor structural designs, which … [Read more...]

The Death of the Mutual Fund

Downsizing poster

ETF’s are much more attractive than mutual fund competitors, with their notoriously bloated expenses and spendthrift marketing costs. You can’t miss those glitzy, overproduced, big budget ads on TV for a multitude of mutual fund families. You know, the ones with the senior couple holding hands walking down the beach into the sunset, the raging bulls, etc.? You are the sucker … [Read more...]