May 12, 2011 - Quote of the Day
'Long term, the pressure on commodity prices is only one way, and that is up, said Doug Oberhelman, CEO of Caterpillar (CAT).
Entries by Mad Hedge Fund Trader
May 11, 2011 - How to Build a Top
Featured Trades: (HOW TO BUILD A TOP), (QQQ), (XLF), (SPX) 2) How to Build a Top. Yes, we are all in the instant gratification business. We all want to ride an uptrend for nine months, sell at the top tick, and stay short for the entire four month selloff that ensues. In real life,
May 11, 2011 - From Bad to Worse for the Euro
Featured Trades: (FROM BAD TO WORSE FOR THE EURO), (FXE), (EUO), (UUP) 3) From Bad to Worse for the Euro. I am going to take a profit here in my short position in the euro by selling my (FXE) September, 2011 $145 puts. I don't double my capital in two days very often. When
May 11, 2011 - Quote of the Day
'Bond people are half-empty people and equity people are half-full people. It's like the pessimist versus the optimist; the cold front and the warm front rotating. You get thunderstorms,' said Bill Gross, managing director at bond giant, PIMCO.
May 10, 2011 - Lunch With Leslie Hinton of Dow Jones
Featured Trades: (LUNCH WITH DOW JONES) 1) Lunch With Leslie Hinton of Dow Jones. I managed to catch a lunch with Leslie Hinton, the CEO of Dow, Jones, Inc. as he swung through San Francisco to meet with major advertisers. Hinton was installed in the top job by Rupert Murdoch after his $5 billion
May 10, 2011 - Finally, a Decent Number
Featured Trades: (APRIL NON FARM PAYROLL) 2) Finally, a Decent Number. The April nonfarm payroll showed a gain of? 244,000 on Friday, exceeding expectations for the first time in many months. A statistical aberration took the headline unemployment rate back up from 8.9% to 9.0%. February and March were revised up an additional 46,000
May 10, 2011 - It's Full Speed Ahead for China's Nuclear Program
Featured Trades: (CHINESE NUCLEAR POWER) 3) It's Full Speed Ahead for China's Nuclear Program. To say that the partial meltdown at Tokyo Electric Power's Fukushima plant has put a chill on the global nuclear industry would be a vast understatement. Lead stock Cameco (CCJ) has cratered by 40%, while the ETF (NLR) has taken
May 9, 2011 - My Victory Roll
Featured Trades: (MY VICTORY ROLL) 2) My Victory Roll. I am writing this letter at 5:00 AM, holed up in a luxury suite at the Bellagio Hotel in Las Vegas'?still on 'stock market time,' or up four hours earlier than the rest of the country, while everyone else here is sleeping off hangovers. It
May 9, 2011 - Taking Another Shot at the Garlic Eaters
Featured Trades: (TAKING ANOTHER SHORT AT THE GARLIC EATERS) 3) Taking Another Shot at the Garlic Eaters. If you have to name one beneficiary of QE2, the collapse of the dollar, and a seemingly never ending 'RISK ON' trade, it has got to be the euro. All of this strength has come from an
May 6, 2011 - More Proof That the Stock Market is Topping
Featured Trades: (MORE PROOF THAT THE MARJET IS TOPPING) 2) More Proof That the Stock Market is Topping. If you are looking for more proof that the markets are topping, take a look at the two sector charts of industry leaders below. The SPDR (XLE) energy ETF has been one of the bull market's