March 7, 2011 - Quote of the Day
'The direction of interest rates is up. There is only one direction in the future and it is up. It's a timing thing,' said Kevin Ferry of Cronus Futures Management.
Entries by Mad Hedge Fund Trader
March 4, 2011 - Oil's Big Push on Corn
Featured Trades: (OIL'S BIG PUSH ON CORN), (CORN), (DBA), (ADM), (JJG) 2) Oil's Big Push on Corn. You would think that with oil crisis levitating over $100/barrel and gasoline continuing its relentless march towards $5/gallon, farmers would be wringing their hands, wondering how they can afford the fuel for their machinery. Not so. The
March 4, 2011 - The Sword Hanging Over the Housing Market
Featured Trades: (THE SWORD HANGING OVER THE HOUSING MARKET) 3) The Sword Hanging Over the Housing Market. Some 97% of the financing for the housing market is about to disappear. That is how much bankrupt federal agencies Fannie Mae and Freddie Mac are taking down in loan guarantees to the residential housing market. Created
March 3, 2011 - Watch Out for the Millennial Voter
Featured Trades: (MILLENIAL VOTERS) 3) Watch Out for the Millennial Voter.? I have been banging the table for years now about the importance of demographic trends for the economy, the financial markets, and the housing market. Well, politics is no different, as the table below of Obama's approval rating shows. Millennials, who are now
February 28, 2011 - My Take on the Euro
Featured Trades: (MY TAKE ON THE EURO), (FXE), (SPY) 1) My Take on the Euro. Entering 2011 as the currency that everyone loved to hate, the Euro has staged a dramatic comeback, much to the chagrin of hedge fund managers and traders alike. Since January, the troubled currency has rallied ten cents from $1.28
February 28, 2011 - Goldcorp Coins it in the Gold Trade
Featured Trades: (GOLDCORP COINS IT IN THE GOLD TRADE) 3) Goldcorp Coins it in the Gold Trade. I managed to touch base with Canadian miner Goldcorp's CEO, Charles Jeannes, who's stock I have been shamelessly pushing for the last three years (click here). When I last spoke to him two and a half years
February 25, 2011 - My Victory Lap on Oil
(SPECIAL $100 OIL ISSUE) Featured Trades: (MY VICTORY LAP ON OIL) 2) My Victory Lap on Oil. One of the boldest predictions that I made in my January 6 asset class forecast for 2011 was that oil would soon hit $100/barrel (click here for the link). My precise words were 'Probably $30 of the
February 24, 2011 - The True Cost of High Oil
Featured Trades: (THE TRUE COST OF HIGH OIL), (OIL), (USO) 1) The True Cost of High Oil. Economists are furiously downsizing their economic growth forecasts for 2011 in the wake of the oil price spike, both for the US and for the world at large. Since last week, West Texas crude prices have soared $12
February 24, 2011 - How Far Will the Market Fall?
Featured Trades: (HOW FAR WILL THE MARKETS FALL?), (VIX), (SPX), (SPY) 2) How Far Will the Market Fall? Now that we are solidly in 'RISK OFF' mode, traders, managers, and investors are asking how much downside we are looking at. It is safe to say that those who were piling on longs with reckless
February 23, 2011 - The S&P 500 is Cruising for a Bruising
Featured Trades: (S&P 500 IS CRUISING FOR A BRUISING) 2) The S&P 500 is Cruising for a Bruising.? How overbought is the stock market? My friends at the Bespoke Investment Group produced this chart of the S&P 500 showing that it has remained in nosebleed territory for nearly six months now, except for a