When the Dow crashed 514 points in a single day a few years ago, the market lost a staggering $850 billion in market capitalization. High frequency traders were possibly responsible for half of this move, but generated a mere $65 million in profits, some 7/1,000’s of a percent of the total loss. Are market authorities
Featured Trades: (MARC CHANDLER ON FOREIGN EXCHANGE)
South Korea iShares ETF
Singapore iShares ETF
Market Vectors Indonesia Index ETF
Thai Capital Fund, Inc.
1) Marc Chandler of Brown Brothers Harriman on the Foreign Exchange Market. My guest on Hedge Fund Radio this week is Marc Chandler, the global head of currency strategy at the esteemed Wall Street firm, Brown Brothers Harriman.
Marc says that the next big focus in the foreign exchange markets will be a strengthening US economy and another slow down in Europe.? After one last gasp, that could take the euro as high as $1.45, and a great shorting opportunity will set up that could take it as low as $1.10-$1.15 next year. We won't see parity until the Fed announces a convincing exit strategy from its monetary easing, which is some time off.
John Petersen is an attorney specializing in venture capital investments in the alternative energy space with Fefer, Petersen & Cie in Berne, Switzerland.? He argues that the entire electric car movement is a complete fraud orchestrated by a few big car companies pandering to growing numbers of ?green? consumers. Batteries are expensive, and do a
? Market Seer John Mauldin Says the Stock Market Could Lose 40% From Here. Son of Texas and financial seer, John Mauldin, believes the stock market could shed 40% in the near future (SPX). John is the president of Millennium Wave Advisors, LLC, a Dallas, Texas based investment advisor, with $600 million in assets under
A second deflationary tidal wave may hit the US early as April. The Dow is going to crash, possibly heading for a double bottom at 6,000, and bonds are going up for the rest of the year. Gold has had it for the foreseeable future. Crude futures are predicting war with Iran by 2013. First,
Featured Trades: (MSFT), (INTC), (CSCO), (ORCL), (FXI), (PIN), (EWY), (THD), (EWT), (EWH), (TUR), (PLND), (RSX), (EWZ), (USO). Confessions of a Bull. Barton Biggs, founder of mega hedge fund Traxis Partners, spent an hour outlining his current investment strategy with me. Barton is a man of strong opinions, backed with intensive research, which he communicates with
How does an NFL linebacker develop a series of computer algorithms that give him a crucial edge when trading the market? That is the question I hoped to answer when I interviewed Jon Najarian, founder and CEO of OptionMonster (click here for the site). ? Jon?s proprietary program, called Heat Seeker ?, monitors no less
Will Peter Schiff become the first ?Tea Party? member of the US Senate? Peter Schiff certainly hopes so. The argumentative fund manager is trying to capture the seat vacated by outgoing Democrat Chris Dodd in the upcoming November election. The Republicans of the last administration weren?t ?real? ones, Peter insists, but Democrats running under the
Legendary futures trader, Dennis Gartman, says the euro has had it, and has a long way to go before it finds a bottom. He is urging investors to short the European currency and go long Canadian and Australian dollars against it. They may resolve Greece, but not Portugal, Spain, or Italy. The strong dollar is
The liquidity driven rally is going to have to get some legs on its own, or there will be big problems very shortly, says Andrew Horowitz, president and founder of Fort Lauderdale, Florida based Horowitz & Company. Andrew, who has built a major presence on the Internet at www.thedisciplinedinvestor.com, argues that investors are getting worn