Entries by Mad Hedge Fund Trader

August 5, 2011 - Report From Europe, Part V

Featured Trades: (REPORT FROM EUROPE, PART V) 2) Report From Europe, Part V. My first morning in the Swiss mountain hamlet of Zermatt, home to the Matterhorn, I was awoken by an army platoon outside my door, fully armed with fixed bayonets. No, I was not being arrested for past indiscretions in the idyllic Alpine

August 4, 2011 - The Head and Shoulders Is In

Featured Trades: (THE HEAD AND SHOULDERS IS IN), (SPX), (VIX), 1) The Head and Shoulders Is In. Much of the selling that took the Dow down 265 points on Tuesday was generated by a clear 'head and shoulders top' pattern setting up on the charts. This occurs when you see three consecutive peaks on a

August 4, 2011 - Do You Remember When'..?

Featured Trades: (DO YOU REMEMBER WHEN'..?), (GLD), (INDU), (USO), (FXF) 3) Do You Remember When'?.? The stock market managed to eke out a modest 29 point gain today, the first time in nine trading days. If it had closed down a ninth day, it would have been the first time since 1978. I remember those

August 3, 2011 - What the Markets Are Telling Us

Featured Trades: (WHAT THE MARKETS ARE TELLING US), (SPX), (TLT), (TBT) 1) What the Markets Are Telling Us. I spent the morning doing a round robin with hedge fund trader friends of mine trying to figure how we all got this so horribly wrong. I did this as the (SPX) was ticking down to 1249

August 2, 2011 - Be Careful What You Wish For

Featured Trades: (BE CAREFUL WHAT YOU WISH FOR) 1) Be Careful What You Wish For. Politicians are popping champagne bottles and celebrating the end of cantankerous negotiations over the debt ceiling. I say be careful what you wish for. Let me give you my quickie, back of the envelope analysis of the debt ceiling deal

August 1, 2011 - GDP is Another Bucket of Cold Water

Featured Trades: (GDP IS ANOTHER BUCKET OF COLD WATER) 1) GDP is Another Bucket of Cold Water. Another bucket of cold water was thrown on financial markets on Friday with the shocking release of Q2 GDP of 1.3%. The whisper number prior to the release was at 1.9%, and even this figure is far short

August 1, 2011 - An Update on Rhodium

Featured Trades: (AN UPDATE ON RHODIUM)   2) An Update on Rhodium. I was recently interviewed by Daniela Cambone of Kitco News, a boutique firm specializing in the online research and trading of metals. I have known the Kitco people for a long time and they are one of the class acts in the hard

July 28, 2011 - Welcome to the Funny Farm

Featured Trades: (WELCOME TO THE FUNNY FARM), (SPX) 1) Welcome to the Funny Farm. I promised you a roller coaster for the financial markets this week, and that is exactly what we are getting. The on again/off again talks and the finger pointing that follows seems to be generating round lot moves of 30 points