4) Thanks for the Testimonials. My request for testimonials about the merits of The Diary of a Mad Hedge Fund Trader overwhelmed me with more than 100 responses. Flattering and humbling at the same time, it is a vindication of all the blood, sweat, and tears that I pour into this letter each day. I
Featured Trades: (SOVEREIGN DEBT), (PCY), (LQD) 2) Sovereign Debt Was a Great Place to Hide.? I am constantly asked where to find safe places to park cash by investors understandably unhappy with the risk/reward currently offered by the markets. Any reach for yield now carries substantial principal risk, the kind we saw, oh say, in
Featured Trades: (NATURAL GAS), (UNG), (CHK), (DVN), (XTO) 1) Is the UNG Going Under? The poster boy for everything that can go wrong with an ETF is undoubtedly the United States Natural Gas Fund (UNG). If you had studiously done all of your homework a year ago, and concluded that natural gas was severely
Featured Trades: (TREASURY BONDS), (TBT), (TMV) 1) Have Treasury Bonds Had It? You are probably tired of my yammering on about how close we are to a multigenerational peak in Treasury bond prices by now. If you missed my last three pieces on the topic, click here for 'The Great Bond Market Crash of
Featured Trades: (CHINESE SOLAR INDUSTRY), (STP), (YGE), (FSLR) 3) Darwinian Downsizing in the Solar Industry. The solar industry is suffering some 19th century Darwinian style competition, with Chinese manufacturers Suntech (STP) and Yingli Green Energy Holding (YGE) clearly dumping panels in the US and Europe below cost to gain market share. You may laugh, but
Featured Trades: (DBA), (CORN), (PHO), (GLD), (SLV), (FXC), (FXA), (IDX), (TUR), (ECH), (EPOL), (TBT), (YCS) 1) Lee O'Dwyer of 5T Wealth Management.? My guest on Hedge Fund Radio this week is Lee O'Dwyer, a portfolio manager at 5T Wealth Management in the sunny climes of Napa, California. Lee is at the vanguard of a new
Featured Trades: (AFRICA), (EZW), (AFK), (GAF) 2) Some Feedback on South Africa. The great thing about the Internet is that sometimes it gives you back more than you put into it. In response to my piece on South Africa (EZW) a few days ago and my other work on Africa generally (AFK), (GAF) (click here
Featured Trades: (COPPER), (ECH), (DBB), (FCX), (JJC) iPath Dow Jones-UBS Copper Sub Index Total Return ETN PowerShares DB Multi Sector Commodity Trust Metals iShares MSCI Chile Index ETF 3) Is Copper the New Red Gold? Federal detention centers in the San Francisco Bay area are slowly filling up with a new type of criminals. Illegal
Featured Trades: (ZHOU XIAOCHUAN), (FXI), ($SSEC), (TUR), (EPOL), (EWY) iShares FTSE/Xhinhua China 25 ETF iShares MSCI Turkey Investable Market Index ETF iShares MSCI Poland Investable Market Index ETF South Korea iShares ETF 1) China's Central Bank Governor Defects to the US. The fiber optic cable that makes up the Chinese Internet is absolutely burning up
Featured Trades: (CORN), (WHEAT), (SOYBEANS) Teucrium Commodity Trust Corn ETF 2) Time to Add some Corn to Your Diet.? I have been waiting for a substantial dip in the grains to add to a position in corn, and it is clear from the chart below that we are just not getting it. While the
