Take a look at the chart below for the S&P 500, and it is clear that we are at the top, of a top, of a top. How much new stock do you want to buy here? Not much. Virtually every technical trading service I follow, including my own, is now flashing distressed warning signals.
Thanks so much, John and Jim, for coming up with The Mad Day Trader! I especially appreciate that you'll be using ETFs (they are so convenient...and I can trade without triggering short-term taxes, in my IRA). I Also like that you're including a focus on metals, as I'm already trading (GLD), (SLV) and their inverses
?We don?t want to go from Wild Turkey to cold turkey overnight,? said Richard Fisher, president of the Dallas Federal Reserve.
Come join John Thomas for lunch at the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting near Portofino, Italy on the Italian Riviera, on Thursday, July 25, 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
Global Market Comments May 21, 2013 Fiat Lux Featured Trade: (JULY 2 NEW YORK STRATEGY LUNCHEON), (THE END OF THE COMMODITY SUPER CYCLE) (GLD), (SLV), (CU), (BHP), (USO), (PALL), (PPLT), (CORN), (WEAT), (SOYB), (DBA), (FXA) SPDR Gold Shares (GLD) iShares Silver Trust (SLV) First Trust ISE Global Copper Index (CU) BHP Billiton Limited (BHP) United
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Seminar, which I will be conducting in New York, NY on Tuesday, July 2, 2013. An excellent three-course lunch will be provided. A PowerPoint presentation will be followed by an extended question and answer period. I?ll be giving you my up to
Traders have been watching in complete awe the rapid decent of the price of gold, which is emerging as the most despised asset class of 2013. But it is becoming increasingly apparent that the collapse of prices for the barbarous relic is part of a much larger, longer-term macro trend. It isn?t just the yellow
?It?s basically evil, and I don?t think it should ever be allowed to reach the size that it did. Why should everyone pay a small group of people to basically engage in legalized front running of our orders,? said Berkshire Hathaway Vice Chairman, Charlie Munger, about high frequency trading.
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.
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.
