July 19, 2010 – Quote of the Day
'Many times when you listen to sell side analysts, it's garbage in, garbage out on a lot of the opinions that they have,' said stock commentator Gary Kaminsky.
Entries by Mad Hedge Fund Trader
July 16, 2010 – The Baltic Dry Index Versus Container Rates
Featured Trades: (BALTIC DRY INDEX), ($BDI), (CONTAINER RATES), (US RAIL TRAFFIC) 1) The Baltic Dry Index Versus Container Rates: Who to Believe? There is a ferocious debate underway among economists over which leading indicator to believe, the Baltic Dry Index, or international container shipping rates. The BDI, a measure of the cost of chartering bulk
July 16, 2010 – Serve Yourself a Piece of Yellow Cake
Featured Trades: (URANIUM), (CEI:FP), (PDN:AU), (CCJ) 3) Serve Yourself a Piece of Yellow Cake. Uranium traders have been stunned by a sudden Chinese effort to corner the supplies in an effort to fuel the world’s most ambitious nuclear program. The once moribund market now suddenly sees buyers everywhere as the Chinese ramp up their purchases
July 16, 2010 – China Puts the Squeeze on Rare Earths
Featured Trades: (RARE EARTHS), (AVARF.PK), (GWMGF.PK), (RAREF.PK), (LYSCF) 4) China Puts the Squeeze on Rare Earths. China has further tightened the screws on the world’s rare earths market by announcing new export quotas that are only half of those seen last year. China’s Ministry of Commerce has limited 2010 second half shipments by its 32
July 16, 2010 – Quote of the Day
'You have the watches, and we have the time,' said a Taliban prisoner to US forces.
July 15, 2010 – Technical Analyst Charles Nenner Shows Where to Play in a Bear Market
Featured Trades: (ING), (TM), (LEN), (CRB), (AA), (AGU), (IBM), (XOM), (COP), (BBY) 1) Technical Analyst Charles Nenner Shows Where to Play in a Bear Market. Yesterday, I was commiserating with my buddy, Charles Nenner, of the Charles Nenner Research Center in Amsterdam, about his team's miserable performance in the World Cup, which lost 0-1 in
July 15, 2010 – Why the World's Worst Economy Has the Strongest Currency
Featured Trades: (FXJ), (YCS) Currency Shares Japanese Yen Trust ETF ProSharesUltraShort Yen ETF 2) Why the World’s Worst Economy Has the Strongest Currency. Global currency traders remain puzzled by the continuing strength of the yen (FXY), (YCS), which broke out of a ?90- ?95 range a few weeks ago and insists on levitating around the
July 15, 2010 – Quote of the Day
'America has become a second rate power. It's fiscal and trade deficits are at nightmare proportions. In the days of the free market when our country was a top industrial power, there was accountability to the stockholder. The Carnegies, the Mellons, and the men who built this great empire made sure of it because it
July 13, 2010 – Why I'm Not Buying the US Stock Rally
Featured Trades: (SPX) S&P 500 SPDR’s ETF 2) Why I’m Not Buying the US Stock Rally. Tempt me all you want, you seductive vixen, but I’m not buying into last week’s 6% rally in the US stock market. You can whisper sweet nothings into my ear all you want about the trillions of dollars sitting
July 13, 2010 – How to Become One of the Rich Who Are Getting Richer
Featured Trades: (ROB) Claymore/Robb Report Global Luxury Index ETF 4) How to Become One of the Rich Who Are Getting Richer. One of the great certainties in our economy is that the rich are getting richer, no matter who is running the country. Despite the worst business conditions in 80 years, there was a 17%