Come join me for the Mad Hedge Fund Trader?s Global Strategy Luncheon, which we will be conducting in New York, NY on Friday, April 22, 2016. An excellent three course lunch will be provided. A wide ranging discussion will be followed by an extended question and answer period. I?ll be giving you my up to
If I get one question more than any other, it is what factors I take into consideration when making a market call. It's a tough call because I keep track of hundreds of financial markets and data releases, from The Baltic Dry Index to the Japanese quarterly tankan. Long-term followers have already subscribed to my
It is the world?s largest company.It is the planet?s most widely owned stock.Of the 200 million Americans who possess financial assets, probably all of them own Apple (AAPL), either directly through a trading account, or indirectly though an ETF (it is a massive 11.67% of the PowerShares QQQ), public or private pension fund.So to say
?If you?re early on in your career, and they give you a choice between a great mentor or higher pay, take the mentor every time. It?s not even close. And don?t even think about leaving that mentor until your learning curve peaks,? said legendary hedge fund trader Paul Tudor Jones.
Global Market Comments April 8, 2016 Fiat Lux Featured Trade: (APRIL 13 GLOBAL STRATEGY WEBINAR), (APRIL 21 BOSTON GLOBAL STRATEGY LUNCHEON), (DON?T BE SHORT CHINA HERE), ($SSEC), (FXI), (CYB), (CHL), (BIDU) iShares China Large-Cap (FXI) WisdomTree Chinese Yuan Strategy ETF (CYB) China Mobile Limited (CHL) Baidu, Inc. (BIDU)?
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.
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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.
