Buy the rumor, sell the news. That was again the lesson of yesterday?s new product launch, where Apple (AAPL) rolled out their new premium 5s and low-end 5c iPhones. So many commentators heaped such abuse on the company in the run up to the release that today?s weakness was a sure thing. Failure to announce
It is clear from the improving economic data from China that the hard landing scenario is off the table. This is great news for the producers of everything that the Middle Kingdom buys in bulk, especially copper. If you like copper, you?ve got to love Freeport McMoRan, one of the world?s largest producers for the
Global Market Comments September 11, 2013 Fiat Lux Featured Trade: (MY 2013 STOCK MARKET OUTLOOK), (SPY), (IWM), (AAPL), (TLT) SPDR S&P 500 (SPY) iShares Russell 2000 Index (IWM) Apple Inc. (AAPL) iShares Barclays 20+ Year Treas Bond (TLT)
It?s time to put on your buying boots and throw caution to the wind. The S&P 500 (SPY) is likely to rebound as much as 9% from the recent 1,630 low to as high as 1,780 by the end of December. What?s more, stocks could add another 10%-20% in 2014. The nimble and the aggressive
Global Market Comments September 10, 2013 Fiat Lux Featured Trade: (NOVEMBER 1 SAN FRANCISCO STRATEGY LUNCHEON), (BAILING ON MY OIL SHORT), (USO), (QUANTITATIVE EASING EXPLAINED TO A 12 YEAR OLD), (TESTIMONIAL) United States Oil (USO)
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, November 1, 2013. 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,
We got the dollar drop over the weekend that I was expecting. There was no way that the war was going to start before Obama gave his speech on Tuesday and congress votes yea or nay later on. So when the missiles failed to show by the Monday morning opening, they took Texas tea down
Global Market Comments September 9, 2013 Fiat Lux Featured Trade: (JOIN THE INVEST LIKE A MONSTER SAN FRANCISCO TRADING CONFERENCE) (SEPTEMBER 11 GLOBAL STRATEGY WEBINAR), (THE EMERGING ?BUY? ON EMERGING MARKETS), (EWW), (EZA), (IDX), (THD), (EWM), (EPHE), (GXG), (ECH) iShares MSCI Mexico Capped (EWW) iShares MSCI South Africa Index (EZA) Market Vectors Indonesia Index ETF
I am pleased to announce that I will be participating in the Invest Like a Monster Trading Conference in San Francisco during October 25-26. The two-day event brings together experts from across the financial landscape who will improve your understanding of markets by a quantum leap and measurably boost your own personal trading performance. Tickets
No asset class has been beaten more severely this year than emerging markets. Since the March, 2011 high, the iShares MSCI Emerging Market ETF (EEM) has plunged from $48 to $35.80, a loss of 25%. Individual markets have fared far worse. The Market Vectors Indonesia ETF (IDX) has taken a 39% haircut, while the Powershares
Global Market Comments September 6, 2013 Fiat Lux Featured Trade: (MAD HEDGE FUND TRADER HITS NEW ALL TIME HIGH) (SAN FRANCISCO STRATEGY LUNCHEON POSTPONED TO NOVEMBER 1), (THE TAX RATE FALLACY), (THE COOLEST TOMBSTONE CONTEST)
The Trade Alert service of the Mad Hedge Fund Trader has posted a year-to-date gain of 40.53%, a new all time high. Performance since inception 33 months ago soared to 95.58%. This pegs the average annualized return at 34.75%. Some 71% of all Trade Alerts since the beginning have been profitable. Carving out the closed
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, November 1, 2013. 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,
When anyone starts lecturing you that the US has the highest tax rate in the industrialized world, just turn around, walk away, and pretend you never heard them. This person is either ignorant about this country?s taxation system, or is deliberately trying to deceive or mislead you. According to a report released by the Internal
To prove that The Diary of a Mad hedge Fund Trader only deals with the highest quality, top drawer clientele, I want to share the picture below sent in by a subscriber.
Global Market Comments September 5, 2013 Fiat Lux Featured Trade: (OCTOBER 18 SAN FRANCISCO STRATEGY LUNCHEON) (TAKING PROFITS ON MY EURO SHORT), ?(FXE), (EURO), (POPULATION BOMB ECHOES), (POT), (MOS), (AGU), (WEAT), (CORN), (SOYB), (RJA) CurrencyShares Euro Trust (FXE) Potash Corp. of Saskatchewan, Inc. (POT) The Mosaic Company (MOS) Agrium Inc. (AGU) Teucrium Wheat (WEAT) Teucrium
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, November 1, 2013. 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 looks like the (FXE) gave us the double top at $133 which I predicted in my August 28 webinar, which very conveniently, was the lower strike of my Currency Shares Euro Trust (FXE) September, 2013 $133-$135 bear put spread. We have since backed off $3, and lower levels beckon. I originally wrote this Trade
Global Market Comments September 4, 2013 Fiat Lux Featured Trade: (WHY I?M KEEPING MY OIL SHORT), (USO), (SCO), (A COW BASED ECONOMICS LESSON), (ON THAT TESLA RECOMMENDATION), (TSLA) United States Oil (USO) ProShares UltraShort DJ-UBS Crude Oil (SCO) Tesla Motors, Inc. (TSLA)
Let?s call this the weekend of love. On Friday morning, we were looking forward to a long weekend of missiles raining down on Syria and the regional conflagration that would follow. The price of oil reflected as much, with west Texas intermediate trading all the way up to $112.50. Then the British Parliament voted against