Take the easy money and run. No one every got fired for taking a profit. That?s the mood I was in when I came in and saw my long volatility ETF (VXX) spiking and my short in the S&P 500 (SPY) cratering. I sent out Trade Alerts immediately that took my model-trading portfolio into a
After yesterday?s 267 point swoon, the S&P 500 (SPX) has fallen 4.2% from its late March peak. It looks like the ?Sell in May? crowd, of which I was one, is having the last laugh after all. Is this a modest 5% correction in a continuing bull market? Or is it the beginning of a
Global Market Comments April 11, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON) (MAD HEDGE FUND TRADER BLASTS TO NEW ALL TIME HIGH) (SPY), (IWM), (VXX), (TLT), (GE), ?(GS), (FXY), (UUP), (GLD), (USO), (THE RETURN OF PETER THE GREAT), (RSX) SPDR S&P 500 (SPY) iShares Russell 2000 (IWM) iPath S&P 500
The industry beating performance of the Mad Hedge Fund Trader?s Trade Alert Service has maintained its gobsmacking pace from last year, picking up another 14.5% profit so far in 2014. The Dow Average was down a pitiful 1% during the same period, pegging my outperformance of the index at a stunning 15.50%. April alone is
Peter the Great is back! That is what the latest rumblings out of Russia confirm, with President Vladimir Putin demanding no less than $18 billion in payments from the Ukraine for its natural gas purchases. Never mind that this is more than the beleaguered country could possibly ever use. ?Pay up, or we invade? seems
Global Market Comments April 10, 2014 Fiat Lux Featured Trade: (LAS VEGAS WEDNESDAY, MAY 14 GLOBAL STRAGEGY LUNCHEON) (INCLINE VILLAGE STRATEGY LUNCH REVIEW), (TESTIMONIAL), (2014 EUROPEAN STRATEGY LUNCHEONS)
There is no better was to start off a strategy luncheon than sending out, not just one, but two Trade Alerts in the morning, and then watching them soar 50% by the time the appetizer was served. That was the case on April 4, when I picked up short positions in the Russell 2000 and
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy luncheons, which I will be conducting throughout Europe during the summer of 2014. A three course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I?ll be giving you my up to date view on stocks,
Global Market Comments April 9, 2014 Fiat Lux Featured Trade: (JUNE 26 ISTANBUL, TURKEY STRATEGY LUNCHEON), (BOJ BOMBSHELL HITS YEN SELLERS IN THE SHORTS), (FXY), (YCS), (BREAKFAST WITH MOHAMED EL-ERIAN) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS)
It was little after midnight west coast time when the Bank of Japan dropped its bombshell. It said it would refrain from stimulating the economy further to offset the deflationary effects of the VAT tax increase from 5% to 8%, which took effect on April 1. Within seconds, the Japanese yen rocketed and never looked
Global Market Comments April 8, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON) (APRIL 9 GLOBAL STRATEGY WEBINAR), (HARRY S. DENT ON HEDGE FUND RADIO), (SPY), (IWM), (UUP), (GLD), (SLV), (USO), (XLE), (TLT) SPDR S&P 500 (SPY) iShares Russell 2000 (IWM) PowerShares DB US Dollar Index Bullish (UUP) SPDR Gold Shares
Your stock portfolio will get decimated by a stock market crash that could take the Dow average down 60% to 6,000 or lower. There will be no place to hide, as gold, silver, oil, real estate will see declines of similar magnitude. Given the fresh dose of uncertainty besieging the markets these days, I thought
Global Market Comments April 7, 2014 Fiat Lux SPECIAL SHORT SELLING ISSUE Featured Trade: (CHICAGO FRIDAY, MAY 23 GLOBAL STRAGEGY LUNCHEON), (A VERY BAD CHART DAY), (SPY), (QQQ), (IWM), (TLT), (TSLA), (AMZN), (NFLX), (FB) (SHORT SELLING SCHOOL 101), (SH), (SDS), (PSQ), (DOG), (RWM), (SPXU), (AAPL), ?(VIX), (VXX), (IPO), (MTUM), (SPHB), (HDGE) SPDR S&P 500 (SPY)
I spoke to the best traders I know in the market Thursday night, and to a man they said the market looked terrible. Although prices were high, the momentum was totally gone and volume was shrinking. Worse, these conditions prevail as we head into May, the onset of the traditional ?RISK OFF? season (click here
Global Market Comments April 4, 2014 Fiat Lux Featured Trade: (ORLANDO FLORIDA SATURDAY, MAY 17 GLOBAL STRAGEGY LUNCHEON) (APRIL 9 GLOBAL STRATEGY WEBINAR), (WHY JIM CHANOS IS WRONG ON CHINA), (FXI), (CYB) (DRINKS WITH ROBERT REICH) iShares China Large-Cap (FXI) WisdomTree Chinese Yuan Strategy (CYB)
Hedge fund titan, Jim Chanos, is well known for his extremely bearish views on China. He says that the cracks are spreading on the fa?ade, real estate sales are falling, and that the economic engine is starting to sputter. This will be bad news for the rest of us, as China imports 50%-80% of the
Global Market Comments April 3, 2014 Fiat Lux Featured Trade: (LAS VEGAS WEDNESDAY, MAY 14 GLOBAL STRAGEGY LUNCHEON), (MAD DAY TRADER JIM PARKER?S Q2 VIEWS), (SPX), (NDX), (XLK), (TLT), (FXB), (FXY), (YCS), (FXA), ?(GLD), (SLV), (SOYB), (CORN), (WEAT), (VIX), (VXX) (THE BLACK SWAN SOLUTION TO OUR ENERGY PROBLEMS) S&P 500 Index (SPX) Nasdaq 100 Index
Mad Day Trader Jim Parker is expecting the second quarter of 2014 to be an uneventful, low volume, range trading affair. There is insufficient momentum in the major indexes to substantially break out of the ranges established in Q1. He does see a modest upward bias to the market. But it is going to have
Global Market Comments April 2, 2014 Fiat Lux Featured Trade: (ABSOLUTELY THE LAST CHANCE TO ATTEND THE FRIDAY APRIL 4 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON) (A DAY IN THE LIFE OF THE MAD HEDGE FUND TRADER), (SPY), (SPX), (QQQ), (GOOG), (FSLR), (UNG), (TLT), (TBT), (FXE), (GLD), (GDX), (TSLA), (USO) SPDR S&P 500 (SPY) S&P 500
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Incline Village, Nevada on Friday, April 4, 2014. Incline Village is about a one-hour drive from the Reno Airport. An excellent meal will be followed by a wide-ranging discussion and an extended question and answer