Featured Trades: (LAS VEGAS CITY CENTER) 4) A Poolside Report from City Center. I write this to you from my poolside cabana at the Aria at City Center, the newest and hottest hotel in Las Vegas, against a background of blaring rock music and helicopters buzzing overhead every five minutes. It's amazing what passes
Featured Trades: (STOPPED OUT ON MY YEN SHORT), (FXY), (YCS) 2) Stopped Out of My Yen Short. My standing stop loss order to cover my short in the Japanese yen got triggered right as it dipped under ?80, a new all-time high. The massive flight to cover huge yen carry trades is the cause,
Featured Trades: (MY SHOPPING LIST OF TECHNOLOGY STOCKS), (AAPL), (CSCO), (HPQ), (ORCL), (GOOG), (INTC), (JDSU), (QQQ), (ROM), (XLK) 3) My Shopping List of Technology Stocks. Hedge fund managers are smacking their lips, maneuvering to take advantage of the recent sharp sell off by technology stocks. They are building shopping lists of where to pounce
'The seller has an upper hand, as a girl might if she were the only female at a party attended by many boys. That lopsided situation would be great for the girl, but terrible fort the boys,' ' said 'Oracle of Omaha', Warren Buffet, CEO and the largest shareholder in Berkshire Hathaway.
Featured Trades: (QE2 JUST ENDED EARLY), (DIG), (JJG), (AAPL) 1) QE2 Just Ended Early. Many observers believe that the massive sell off that we have seen in global equity markets are purely the result of the Great Sendai Earthquake. Fat chance. I think the earthquake is masking the true causes of the liquidation, the end
Featured Trades: (NUCLEAR POWER STOCKS), (CCJ), (NLR), (GE) 2) The True Story on Nuclear Power. Having once worked for the Atomic Energy Commission at the Nuclear Test Site in Nevada, I do have some insights into the melt down at Fukushima. The media is wallowing in an orgy of misinformation that is approaching epic
Featured Trades: (THE VOLATILITY SPIKE), (VIX) 3) The Volatility Spike. For those of you who have not seen a volatility spike happen before, this is what it looks like up close and ugly. This is why many hedge funds keep a long volatility position on their back book as a kind of diaster insurance.
'ECB president Jean-Claude Trichet is dangerous. It is ridiculous to talk about raising rates when these countries are so weak. You really only have a recovery in one country, and that is in Germany,' said my old mentor, Barton Biggs, founder and managing partner of the giant hedge fund Traxis Partners.
Featured Trades: (PARIS STRATEGY LUNCHEON) Note To Subscribers: For anyone who upgrades from the Diary of a Mad Hedge Fund Trader daily newsletter to the Macro Millionaire trading service this month, the first $100 will be donated to the Japanese Red Cross for earthquake relief. I have been in touch with its officials and the
Featured Trades: (WHAT THE EARTHQUAKE MEANS FOR THE US MARKET) 2) What the Japanese Earthquake Means for the US Market. I went into the Japanese earthquake positioning for a big 'RISK OFF' trade, and it now looks like we are getting it in spades. The black swans are alighting. So how much damage is
