No one can explain the most complex economic and monetary issues in a simpler, more homespun fashion than former governor of the Federal Reserve, Bob McTeer. He is known for carrying around two yardsticks, one slightly longer than the other, to demonstrate to your average guy the monthly changes in employment. Bob argues that the
Ouch. To get snake bit twice in two days hurts. But three times? I thought that when the General Motors (GM) ignition recall was announced last week, it was a nice entry point on the long side. I was right for at least a whole day. This morning news hit that there would be a
Global Market Comments March 11, 2014 Fiat Lux Featured Trade: (MAD HEDGE FUND TRADER KILLS IT WITH A 2014 12.6% RETURN), (TLT), (SPY), (BAC), (GM), (EBAY), (DAL), (GS), (XLV), (XLF), (GE), (MARCH 12 GLOBAL STRATEGY WEBINAR), (EUROPEAN STYLE HOMELAND SECURITY) iShares 20+ Year Treasury Bond (TLT) SPDR S&P 500 (SPY) Bank of America Corporation (BAC)
The industry beating performance of the Mad Hedge Fund Trader?s Trade Alert Service has maintained its gob smacking pace from last year, picking up another 12.6% profit in the first ten trading weeks of 2014. The Dow Average was up a feeble 1.4% during the same period, pegging my outperformance of the index at a
Global Market Comments March 10, 2014 Fiat Lux Featured Trade: (THE MARKET LEADERSHIP CHANGE HAS BEGUN), (XLK), (XLV), (AAPL), (XLF), (BAC), (GS), (JPM), (GM), (F) (WATCH OUT! YOU PC IS WATCHING) Technology Select Sector SPDR?? (XLK) Health Care Select Sector SPDR?? (XLV) Apple Inc. (AAPL) Financial Select Sector SPDR?? (XLF) Bank of America Corporation (BAC)
Owners of technology (XLK) and health care stocks (XLV) have certainly had a great year. Except for the round of profit taking that did a quick hit and run in January, these two groups have been moving from strength to strength, punching through to multiyear highs. That is, until last week. Starting with the Ukraine
Hey! You there, staring at this monitor. This is your PC talking to you. No, not you over there standing in the background. I?m talking to the guy sitting in front of me poking at my keys. Ouch! That one hurt! So you thought no one was watching, did you? Let me straighten you out.
Global Market Comments March 7, 2014 Fiat Lux Featured Trade: (MARCH 12 GLOBAL STRATEGY WEBINAR) (LAS VEGAS WEDNESDAY, MAY 14 GLOBAL STRAGEGY LUNCHEON), (TESTIMONIAL), (REPORT FROM AUSTRALIA)
Las Vegas Wednesday, May 14 Global Strategy Luncheon Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Las Vegas, Nevada on Wednesday, May 14. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I?ll be giving
Global Market Comments March 6, 2014 Fiat Lux Featured Trade: (ORLANDO FLORIDA SATURDAY, MAY 17 GLOBAL STRAGEGY LUNCHEON), (A SPECIAL OFFER FOR AUSTRALIAN SUBSCRIBERS), (IT?S PEDAL TO THE METAL ONCE AGAIN), (SPY), (IWM), (DAL), (GE), (EBAY), (GILD), (GS), (BAC), (DBA) SPDR S&P 500 (SPY) iShares Russell 2000 (IWM) Delta Air Lines Inc. (DAL) General Electric
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Orlando, Florida on Saturday, May 17. 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, bonds,
Executing the Mad Hedge Fund Trader?s Trade Alerts from the other side of the world can pose some annoying challenges. After speaking with many of my Australian followers on my recent trip down under, I learned of the obstacles presented by distant time zones, dealing in foreign currencies, regulations, and obtaining live customer support. I
If the prospect of WWIII can?t knock this market down, what will it take? A giant asteroid that destroys the earth? I would have used ?Balls to the Wall? in the headline for this piece. But as this is a family oriented newsletter I opted for the more politically correct screamer. Even the most hardened
Global Market Comments March 5, 2014 Fiat Lux Featured Trade: (CHICAGO FRIDAY, MAY 23 GLOBAL STRAGEGY LUNCHEON), (LUCKY FIND SPARKS NEW CALIFORNIA GOLD RUSH), (GLD), (THE DIFFERENCE BETWEEN MAD HEDGE FUND TRADER AND MAD DAY FUND TRADER), (THE NEW CALIFORNIA GOLD RUSH)
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Chicago on Friday, May 23. 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, bonds, foreign
Global Market Comments March 4, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON) (THE NEW WAR IN THE UKRAINE), (RSX), (USO), ($BRENT), (WEAT), (UNG), (EEM), (TIME TO SELL THE TREASURY MARKET SHORT), (TLT), (TBT) Market Vectors Russia ETF (RSX) United States Oil (USO) Brent Crude OiL-Spot Price(EOD) ICE ($BRENT) Teucrium Wheat
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in San Francisco on Friday, April 25, 2014. An excellent meal will be followed by a wide-ranging discussion and an extended question and answer period. I?ll be giving you my up to date view on stocks,
It was another one of those midnight calls from my old KGB friend. Yuri was assigned to tail me in Tokyo during the 1970?s. He even came to my wedding as the official TASS correspondent. We have stayed in touch ever since. After the fall of the Soviet Union, he landed on his feet (as
There is a layup of a trade setting up here in the wake of the escalating crisis in the Ukraine. Since January 2, the Treasury bond market (TLT) has enjoyed a massive 8 point rally, taking the ten year yield from 3.05% to 2.60%. By shorting Treasury bonds here, you are betting that the yield
Global Market Comments March 3, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 4 INCLINE VILLAGE, NEVADA STRATEGY LUNCHEON), (ALL ASSET CLASS RISK REVERSAL AT HAND), (SPY), (EEM), (TLT), (VXX), (FXY), (YCS), (FXE), (UUP), (WHY WATER WILL SOON BE WORTH MORE THAN OIL), (CGW), (PHO), (FIW), (VE), (TTEK), (PNR), (TESTIMONIAL) SPDR S&P 500 (SPY) iShares MSCI