August 4, 2010 - Quote of the Day
'The whole US market is pretty much low quality these days,' said Richard Bernstein, of Bernstein Capital Management.
Entries by Mad Hedge Fund Trader
August 3, 2010 - China's PMI Sets Market a Flutter
Featured Trades: (CHINA), (FXI) 1) China's PMI Sets Market a Flutter. Several decades ago, a kid selling greeting cards door to door (yes, that's how old I am) stopped by my office. When I said no, he suddenly burst into tears and threw a handful of samples up in the air, which then wafted back
August 3, 2010 - Quote of the Day
'Cleantech, greentech, and energy technology has to be the next great global industry. China gets it,' said Pulitzer Prize winner tom Freidman, author of Hot, Flat, and Crowded.
August 2, 2010 - Chile is Looking Hot
Featured Trades: (CHILE), (ECH) iShares MSCI Chile Fund ETF 1) Chile is Looking Hot. Want to invest in an extremely well managed country with almost no debt, budget surpluses, an appreciating currency, and the price for its dominant export commodity going through the roof? Then, Chile is the place for you. It is an old
August 2, 2010 - A Busy Signal at China Mobile
Featured Trades: (CHL) 2) A Busy Signal at China Mobile. People often ask why I bother to produce this newsletter. Sure, the private jets to the Kentucky Derby, the free tickets to heavyweight fights in Las Vegas, and the endless dinner invitations in every major city in the world are all nice. But for me
August 2, 2010 - Pick Up Big Oil While it is Still Cheap
Featured Trades: (XOM), (USO) United States Oil Fund ETF 3) Pick Up Big Oil While it is Still Cheap. I have always been an unfashionable person. I was still wearing my bell bottoms and mutton chop sideburns well into the eighties, and even today people laugh at my yellow power ties which are 30 years
August 2, 2010 - Quote of the Day
'If you don't believe in global warming, fine, that's between you and your beach house,' said Tom Friedman, a columnist for the New York Times.
July 29, 2010 - It's Time to Revisit the TBT
Featured Trades: (TBT), (TMV) ProShares Ultra Short Lehman 20+ Year Treasury ETF Direxion Daily 30 Year Treasury Bear 3X Shares ETF 1) It's Time to Revisit the TBT. Shorting the world's most overvalued asset, the 30 year US Treasury bond, has got to be the big trade from here. The relentless whirring of the
July 29, 2010 - Making a New Home for My Nissan Leaf
Featured Trades: (NISSAN LEAF), (NSANY), (PGE) 3) Making a New Home for My Nissan Leaf. The electrician from Nissan Motors (NSANY) showed up at my home today to ascertain if it can generate sufficient juice to recharge my new all electric Leaf, which will be delivered in December. The good news is that it does,
July 28, 2010 - Is "Snookie" our New Investment Guru?
Featured Trades: (RAIL TRAFFIC) 1) Is 'Snookie' our New Investment Guru? The ultra bears were sent packing in recent days, thanks to a spate of economic indicators showing some unexpected strength. Take a look at the chart below for rail car loadings showing an unequivocal spike upward. I warned last week that there was