Featured Trades: (HEDGE FUND ANNUS HORRIBLUS) 1) Hedge Fund Annus Horriblus. Making the rounds in Europe, I managed to hook up with hedge fund friends in London, Milan, and Geneva, and what I saw was not a pretty picture. Most hedge funds are having a terrible year. According to HSBC's private bank, of 300 hedge
Featured Trades: (THE STOCK MELT UP THAT WAS), (SPX) 2) The Stock Melt Up That Was. The first half of 2011 went out with a bang last week. The S&P 500 delivered an awesome 72 point run, its best performance in two years. After threatening the 200 day moving average three times, the index
Featured Trades: (PLATINUM), (PPLT), (GOLD) 3) Time for Platinum to Play Catch Up. For those of you who have been romancing gold, you should check out platinum (PPLT), her younger, racier, and better looking sister who wears the low riders. The white metal usually outperforms gold in bull markets for precious metals, but this
'Money goes where money is treated best,' said hedge fund legend Leon Cooperman of Omega advisors.
Featured Trades: (THE GREAT GRAIN MASSACRE), (CORN), (WHEAT), (JJG), (DBA) 2) The Great Grain Market Massacre. Grain prices were slaughtered today in the wake of a bombshell of a report from the US Department of Agricultural showing that plantings were much larger than expected. Corn and wheat were limit down, and the associated fertilizer
Featured Trades: (EQUITIES-WATCH OUT FOR THE CHOP), (SPX), (VIX) 3) Equities-Watch Out for the Chop. One day back from vacation and I am faced with the mother of all window dressing efforts. Not only is it month end, but quarter end and half end as well. That was enough to cause a 58 point
Featured Trades: (ITS OFF TO THE RACERS FOR NATURAL GAS) 1) It's Off to the Races for Natural Gas. Name one of the best performing assets since the 'RISK OFF' trade started and it would have to be natural gas. You may recall my waxing bullish on this simple molecule in my piece seven
Featured Trades: (WHY THE BANKS ARE TRADING LIKE GRIM DEATH), (BAC), (WFC), (XLF) 2) Why the Banks Are Trading Like Grim Death. You may recall that I went on national television on April 22, proclaiming that Bank of America stock was a screaming short, then trading at $12.50 (click here for the link to
Featured Trades: (GENEVA STRATEGY LUNCHEON SOLD OUT) 2) The June 22 Geneva Strategy Luncheon is Sold Out. Due to the rush of last minute orders to participate in my June 22 Geneva, Switzerland strategy luncheon, the event has become sold out. Plead as I may with the hotel for a larger conference room to
Featured Trades: (MY TAKE ON THE 2012 ELECTION) 3) My Take on the 2012 Election. This is going to be an interesting election. A Pew Research/Washington Post poll asked Republican voters to choose a word that best described their party's current field of presidential candidates. Here is a ranking of the words they chose:
