Come join me for the Mad Hedge Fund Trader?s Global Strategy Luncheon, which I will be conducting in Boston, Massachusetts on Thursday, April 21, 2016. A three-course lunch will be followed by an extended question and answer period. I?ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, precious metals,
Everyone who has been reading this letter for the past eight years (yes, there are quite a few of you), know that I am a fundamentalist first and a technician second.Of course you need to use both, as those who mistakenly leave one tool in the bag reliably underperform indexes.The one liner here is that
?There is one thing that doesn?t diminish, and that is unintended consequences,? said legendary hedge fund trader Paul Tudor Jones.
Global Market Comments April 7, 2016 Fiat Lux Featured Trade: (APRIL 20 WASHINGTON DC GLOBAL STRATEGY LUNCHEON), (WHERE THE ECONOMIST BIG MAC INDEX FINDS CURRENCY VALUE), (FXF), (FXE), (CYB), (THE FALLING MARKET FOR KIDS), (HOLLYWOOD CASHES IN ON WALL STREET TROUBLES) CurrencyShares Swiss Franc ETF (FXF) CurrencyShares Euro ETF (FXE) WisdomTree Chinese Yuan Strategy ETF
Come join me for the Mad Hedge Fund Trader?s Global Strategy Luncheon which I will be conducting in Washington DC on Wednesday, April 20, 2016. A three-course lunch will be followed by an extended question and answer period. I?ll be giving you my up to date view on stocks, bonds, foreign currencies, commodities, precious metals,
My former employer, The Economist, once the ever tolerant editor of my flabby, disjointed, and juvenile prose (Thanks Peter and Marjorie), has released its ?Big Mac? index of international currency valuations.Although initially launched by an imaginative journalist as a joke three decades ago, I have followed it religiously and found it an amazingly accurate predictor
Until the 19th century, children used to provide income and security for their parents as they worked on the family farm. That dynamic continued when industrialization brought families into the cities and kids into the factories.Since then, children have been a great short.A hundred years of state mandated education and child labor laws increased the
I have done many things in my life: hedge fund manager, pilot, cowboy, journalist, stockbroker, mountain climber, translator, guide, etc, etc. etc.Now add technical consultant to Hollywood to the list.According to the New York Times, Simon Baker, star of the TV show ?The Mentalist?, is using the Diary of a Mad Hedge Fund Trader as
Global Market Comments April 6, 2016 Fiat Lux Featured Trade: (APRIL 19 ATLANTA GLOBAL STRATEGY LUNCHEON), (SEEING RED FLAGS EVERYWHERE), (FXY), (YCS), (TLT), (USO), (T), (PCG), (FCX) (THE TWO CENTURY DOLLAR SHORT), (UUP) CurrencyShares Japanese Yen ETF (FXY) ProShares UltraShort Yen (YCS) iShares 20+ Year Treasury Bond (TLT) United States Oil (USO) AT&T, Inc. (T)
During Operation Desert Storm in 1991, Central Command asked me to fly a top secret mission to Lebanon in my twin engine Cessna 340. Mission accomplished, I flew home on a 270-degree heading over the Eastern Mediterranean at an altitude of 200 feet, in order to stay under the radar. It was a warm, hazy
?We?ve seen the S&P 500 drop 50% twice in the last 17 years. That is the new normal?, said Richard Kang of Emerging Global Advisors.
Global Market Comments April 5, 2016 Fiat Lux Featured Trade: (APRIL 18 MIAMI GLOBAL STRATEGY LUNCHEON), (GUESS WHO?S BEEN BUYING GOLD?), (GLD), (GDX), ($SSEC), (MY BRIEFING FROM THE JOINT CHIEFS OF STAFF), (PANW), (PHO), (HACK), (FXI), (RSX), (TESTIMONIAL)SPDR Gold Shares (GLD)Market Vectors Gold Miners ETF (GDX)Palo Alto Networks, Inc. (PANW) PowerShares Water Resources ETF (PHO)PureFunds
Gold bugs, conspiracy theorists, and perma bears had some unfamiliar company last year. While traders, individuals, and ETF?s have been unloading gold for the past five years, central banks have been steady buyers. Who had the biggest appetite for the barbarous relic? Russia, which has been accumulating the yellow metal to avoid economic sanctions imposed
I retired eight years ago, and my broker told me to hang in there with my stocks before the recession, so I saved myself a lot of money and closed the account.? In 2009 I started paying for advice and investing on line.? A blind chicken could have made a fortune in 2009, and I
?We are now at the sunny side of central bank influence,? said my friend, Mohamed El-Erian.
Global Market Comments April 4, 2016 Fiat Lux Featured Trade: (COME JOIN ME FOR A MARKET PANEL DISCUSSION), (APRIL 15 HOUSTON STRATEGY LUNCHEON INVITATION), (REVISITING THE BIG PICTURE ON THE ECONOMY), (TSLA) Tesla Motors, Inc. (TSLA)
Come join me, John Thomas, the Mad Hedge Fund Trader, for a wide ranging discussion of the near term direction of the stock market with a group of top market professionals on Monday, April 4th at 1 PM (ET). The meeting is being organized by the boutique research firm Timing Research. It will be hosted
As you all know, I call readers everyday looking for fresh market intelligence and new ways to improve my service. Yesterday, I spoke to a seven-year follower who inspired me to write this piece. She was thinking of quitting the stock market and not renewing my newsletter. A 50 year market veteran who grew up
Global Market Comments April 1, 2016 Fiat Lux Featured Trade: (CHICAGO APRIL 25 GLOBAL STRATEGY LUNCHEON), (GOODBYE THE QUARTER FROM HELL), (GLD), (GDX), (FXE), (XIV), (FXY), (SPY), (THE PORTFOLIO THAT WILL DOUBLE IN THREE YEARS) SPDR Gold Shares (GLD)Market Vectors Gold Miners ETF (GDX)CurrencyShares Euro ETF (FXE)VelocityShares Daily Inverse VIX ST ETN (XIV)CurrencyShares Japanese Yen
Good riddance! I?m never eating at THAT restaurant again! That?s all I can say about the completion of the first quarter of 2016. Talk about an e.coli of a quarter! It was the worst quarter in hedge fund history. Bodies will be washing up on the beach for months. Back-to-back we saw both the worst