As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. Read more
As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen. Read more
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?)
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 investors to improve market timing for entry and exit points.
Mad Day Trader uses a dozen proprietary short-term technical and momentum indicators to generate buy and sell signals. These will be sent to you by text message and email for immediate execution. During normal trading conditions, you should receive three to five alerts a day.
As with our existing service, you will receive ticker symbols, entry and exit points, targets, stop losses, and regular real time updates. At the end of each day, a separate short-term model portfolio will be sent to you and posted on the website.
The new service will generate long and short selling signals for a range of widely traded exchange traded funds (ETF?s). These include stock indexes (SPY), bonds (TLT), (TBT), foreign exchange (FXY), (FXE), (FXA), commodities (CU), (CORN), energy (USO), (UNG), and precious metals (GLD), (SLV). There is also a special focus on the leading hot stocks of the day. This will be followed up with a series of educational webinars that will be an important resource for the serious trader.
The Mad Day Trader service will be provided out of Chicago by my old friend and industry veteran, Jim Parker. Jim is a 40-year veteran of the financial markets and has long made a living as an independent trader in the pits at the Chicago Mercantile Exchange.
Jim has worked his way up from a junior floor runner to advisor to some of the world?s largest hedge funds. We are lucky to have him on our team and gain access to his experience, knowledge, and expertise. You will not find a better man in Chicago to look after your positions.
I have been following his alerts for the past five years, and his impeccable market timing has become an important part of the ?unfair advantage? that I provide readers. The time has finally come to offer Mad Day Trader as a stand-alone product.
A trading service with this degree of success and sophistication normally costs $20,000 a year. As a client of The Mad Hedge Fund Trader, you can purchase Mad Day Trader alone for $2,000 a year or $699 a quarter. Or you can buy it as a package together with Global Trading Dispatch, which we call Global Trading Dispatch PRO, for $4,000 a year, a 20% discount to the full retail price.
Existing subscribers to the Global Trading Dispatch are invited to upgrade their subscription to include both products. Just send an email to Nancy at customer support at support@madhedgefundtrader.com.
She will calculate the remaining value of your current subscription and give you a full credit towards the new one-year Global Trading Dispatch PRO subscription. She will then send you instructions on where to send a check. As no two amounts will be the same, our store is unable to handle personalized orders.
Part of the deal is that I want to hear from you on how we can evolve Mad Day Trader to make it more user friendly and coherent to better meet your needs. Sometimes, a couple of old warhorses like us forget how much our specialized language is incomprehensible to the outside world. Just send us an email with suggestions to support@madhedgefundtrader.com.
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 currencies, commodities, precious metals, and real estate. And to keep you in suspense, I?ll be throwing a few surprises out there too. Enough charts, tables, graphs, and statistics will be thrown at you to keep your ears ringing for a week. Tickets are available for $259.
The lunch will be held at major resort hotel on the south shore of the island, which can be found by steering a course of 120 degrees 99 nautical miles from the port of Piraeus. Just make sure you don?t run aground on the island of Andros on the way, as the tides can be treacherous. The pirates on Mykonos have already been dealt with. Moorings can be made available for private visiting yachts offshore. I will email more details with your purchase confirmation.
Bring your broad brimmed hat, sunglasses, and plenty of SPF 50 suntan lotion. You will need them. The Greek islands are cooking hot this time of the year. The dress is casual. Those not wishing to view the clothing optional beach can have a chair with its back to the sea. Accompanying spouses and significant others will be free to bill drinks to my personal account as my guest. Together we will plot the future of western civilization.
I look forward to meeting you, and thank you for supporting my research. To purchase tickets for the luncheons, please go to my online store.
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 settlement with Goldman Sachs (GS), the bonus, in theory, could have been worth up to $500 million. Wall Street firms are bracing themselves for an onslaught of claims, legitimate and otherwise, by droves of hungry gold diggers looking for an early retirement.
Don?t count on this as a get rich quick scheme. Government hurdles to meet the requirement of a true stoolie can be daunting. The standard of evidence demanded is high, and must be matched with the violation of specific federal laws. Idle chit chat at the water cooler won?t do. Litigation can stretch out over five years, involve substantial legal costs, and often lead to a non-financial settlement with no reward.
Having ?rat? on your resume doesn?t exactly look good either. Just ask Sherron Watkins, the in house CPA who turned in energy giant Enron?s Ken Lay, Andy Fastow, and Jeffrey Skilling just before it crashed in flames. Nearly a decade later, Sherron earns a modest living on the lecture circuit warning of the risks of false accounting, and whistle-blowing.
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 government. She took cram courses and read a dozen prep books. By the time the test day came, she was a veritable constitutional law scholar, and any one of us could have qualified for a seat on the Supreme Court.
I drove her up to the Federal Building in Santa Rosa, California with the greatest trepidation. As the interviewing officer entered, the tension in the room was so thick, you could cut it with a knife. There were only three questions. No. 1: what colors are in the American flag (answer: red, white, and blue). No. 2: who was the first general of the US army? (Answer: George Washington). What are the three branches of government? (Answer: legislative, executive, and judicial).
I was stunned. All that work and she gets a test that a child could pass. Two months later we were in an auditorium on San Francisco?s posh Nob Hill with 1,500 others to be sworn in, which by tradition is led by an English applicant.
In 2008, the feds revamped the test to make it a little harder. Here are some sample questions. No. 1: who wrote the Articles of Confederation? (Answer: Alexander Hamilton). No 2: how many seats are in the House of Representatives? (Answer: 435 voting, six nonvoting). No. 3: How many amendments are there to the Constitution? (27)
Whoa! I?m not sure I could pass this test. Just as my SAT scores are probably too low to get into a decent school today, I?m not sure that I could meet the standard to become a citizen either. But over one million immigrants did last year.
?If there were no way to short stocks, the probability of stock market bubbles would be much greater,? said hedge fund manager, Bill Ackman, of Pershing Square.
