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
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
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief 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. Read more
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief 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. Read more
Global Market Comments
April 14, 2015
Fiat Lux
Featured Trade:
(LAST CHANCE TO ATTEND THE FRIDAY, APRIL 17 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON)
(DON?T GET SCAMMED BY THE MUTUAL FUNDS),
(WHY I LOVE/HATE THE OIL COMPANIES),
?(XOM), (COP), (OXY), (USO)
Exxon Mobil Corporation (XOM)
ConocoPhillips (COP)
Occidental Petroleum Corporation (OXY)
United States Oil ETF (USO)
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 17, 2015. 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 keep you in suspense, I?ll be throwing a few surprises out there too. Tickets are available for $197.
I?ll be arriving at 11:30 and leaving late in case anyone wants to have a one on one discussion, or just sit around and chew the fat about the financial markets.
The lunch will be held at the premier restaurant in Incline Village, Nevada on the sparkling shores of Lake Tahoe. The precise location will be emailed with your purchase confirmation.
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.
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief 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. Read more
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief 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. Read more
Global Market Comments
April 13, 2015
Fiat Lux
Featured Trade:
(MAD HEDGE FUND TRADER HITS NEW ALL TIME HIGH),
(FXE), (EUO), (SPY), (GS), (IWM), (PANW),
?(ZIOP), (THRX), (ZTS),
(A NOTE ON THE UPCOMING FRIDAY APRIL 17 OPTIONS EXPIRATION),
(GS), (FXE), (IWM)
CurrencyShares Euro ETF (FXE)
ProShares UltraShort Euro (EUO)
SPDR S&P 500 ETF (SPY)
The Goldman Sachs Group, Inc. (GS)
iShares Russell 2000 (IWM)
Palo Alto Networks, Inc. (PANW)
ZIOPHARM Oncology, Inc. (ZIOP)
Theravance Inc. (THRX)
Zoetis Inc. (ZTS)
We have several options positions that expire on Friday, and I just want to explain to the newbies how to best maximize their profits.
My bets that (GS) and the (IWM) would rise, and that the (FXE) and (FXY) would fall during March and April proved dead on accurate.
Provided that some 9/11 type even doesn?t occur this week, all positions should expire at their maximum profit point on April 17. In that case, your profits on these positions will amount to 16.4% for the (FXE), 14.2% for (GS), and 16.4% for the (IWM).
Many of you have already emailed me asking what to do with these winning positions. The answer is very simple. You take your left hand, grab your right wrist, pull it behind your neck and pat yourself on the back for a job well done. You don?t have to do anything.
Your broker (are they still called that?) will automatically use you long put position to cover the short put position, cancelling out the total holding. Ditto for the call spreads. The profit will be credited to your account on Monday morning, and he margin freed up.
If you don?t see the cash show up in you account on the following Monday, April 20, get on the blower immediately. Although the expiration process is now supposed to be fully automated, occasionally mistakes do occur. Better to sort out any confusion before losses ensue.
I don?t usually run positions into expiration like this, preferring to take profits two weeks ahead of time, as the risk reward is no longer that favorable.
But we have a ton of cash right now, and I don?t see any other great entry points for the moment. Better to keep the cash working and duck the double commissions. This time being a pig paid off handsomely.
If you want to wimp out and close the position before the expiration, it may be expensive to do so. Keep in mind that the liquidity in the options market disappears, and the spreads substantially widen, when a security has only hours, or minutes until expiration. This is known in the trade as the ?expiration risk.?
One way or the other, I?m sure you?ll do OK, as long as I am looking over your shoulder, as I will be.
There are already interesting trades setting up in bonds (TLT), the (SPY), the Russell 2000 (IWM), NASDAQ (QQQ), solar stocks (SCTY), oil (USO), and gold (GLD).
The currencies seem to have gone dead for the time being, so I?ll stay away.
Well done, and on to the next trade.
Pat Yourself on the Back