Global Market Comments April 15, 2013 Fiat Lux Featured Trade: (GOLD: NEXT STOP $1,250!), (GLD), (GDX), (SLV), (PPLT), (PALL), (USO), (CU), (FXY), (APRIL 17 GLOBAL STRATEGY WEBINAR), (APRIL 19 CHICAGO STRATEGY LUNCHEON), (SIGN UP NOW FOR TEXT MESSAGING OF TRADE ALERTS) SPDR Gold Shares (GLD) Market Vectors Gold Miners ETF (GDX) iShares Silver Trust (SLV)
Sometimes, the best trades are the ones you don?t do. I actually wrote up a Trade Alert to buy gold on Thursday, figuring that it would bounce the first time it hit my downside target of $1,500. But then I scanned the entire hard asset landscape, and saw that everything was selling off huge; silver
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Chicago on Friday, April 19. 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 April 12, 2013 Fiat Lux Featured Trade: (NOT YOUR FATHER?S RAILROADS), (UNP), (CSX), (NSC), (CP), (THE WORST TRADE OF ALL TIME), (GLD) Union Pacific Corporation (UNP) CSX Corp. (CSX) Norfolk Southern Corp. (NSC) Canadian Pacific Railway Limited (CP) SPDR Gold Shares (GLD)
One of the great asset management blunders of all time has to be the European Community?s decision to sell its gold reserves in the wake of the launch of the Euro in 1998. The decision led to the fairly rapid sale of 3,800 tons of the yellow metal at an average price of $280/ounce, reaping
Global Market Comments April 11, 2013 Fiat Lux Featured Trade: (APRIL 12 SAN FRANCISCO STRATEGY LUNCHEON), (JAPANESE CASH TSUNAMI HITS US), (SPY), (DXJ), (BAC), (AAPL), (TBT), (TLT), (GLD), (SLV) (TURKEY IS ON THE MENU), (TUR), (TKC) SPDR S&P 500 (SPY) WisdomTree Japan Hedged Equity (DXJ) Bank of America Corporation (BAC) Apple Inc. (AAPL) ProShares UltraShort
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 12, 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 Japanese central bank governor, Haruhiko Kuroda, announced the most aggressive monetary stimulus program in history last week, he no doubt expected Tokyo share prices to head for the moon. In that, he has succeeded admirably, the yen hedged Japanese equity ETF (DXJ) soaring by 13.4% in the five trading days since he lobbed his
I am building lists of emerging market ETF?s to snap up during any summer sell off, and Turkey popped up on the menu. The country is only one of two Islamic countries that I consider investment grade, (Indonesia is the other one). The 82 million people of Turkey rank 15th in the world population, and
Global Market Comments April 10, 2013 Fiat Lux Featured Trade: (MAY 8 LAS VEGAS STRATEGY LUNCHEON), (AN EVENING WITH GOVERNMENT MOTORS), (GM), General Motors Company (GM)
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Las Vegas, Nevada on Wednesday, May 8, 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
Long-term readers of this letter are well aware of my antipathy towards General Motors (GM). For decades, the company turned a blind ear to customer complaints about shoddy, uncompetitive products, arcane management practices, entitled dealers, and a totally inward looking view of the world that was rapidly globalizing. It was like watching a close friend
Global Market Comments April 9, 2013 Fiat Lux Featured Trade: (APRIL 19 CHICAGO STRATEGY LUNCHEON), (TRADER ALERT SERVICE POSTS BIGGEST ONE DAY GAIN), (FXY), (YCS), (BAC), (AAPL), (SPY), (TBT), (WHAT ABOUT ASSET ALLOCATION?), (AMERICA?S RAPIDLY CHANGING MIX) CurrencyShares Japanese Yen Trust (FXY) ProShares UltraShort Yen (YCS) Bank of America Corporation (BAC) Apple Inc. (AAPL) SPDR
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Chicago on Friday, April 19. 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
Just a quick note to tell you that yesterday, the Trade Alert Service of the Mad Hedge Fund Trader posted its biggest one-day gain ever. From the Friday to the Monday close my trade-mentoring program picked up some 447 basis points. The three day pickup for the service is an eye popping 12.23%. That takes
Asset allocation is the one question that I get every day, which I absolutely cannot answer. The reason is simple: no two investors are alike. The answer varies whether you are young or old, have $1,000 in the bank or $1 billion, are a sophisticated investor or an average Joe, in the top or the
Since I am in the long-term forecasting business, it was with some fascination that I caught the Associated Press report that minority children born last year exceeded Caucasian children for the first time. Whites lost their majority in San Francisco many years ago, and will do so in California as a whole in the near
Global Market Comments April 8, 2013 Fiat Lux Featured Trade: (APRIL 12 SAN FRANCISCO STRATEGY LUNCHEON), (TRADE ALERT SERVICE CAPTURES 35% GAIN IN 2013), (SPX), (VIX), (IWM), (BAC), (UAL), (FXE), (YCS), (GLD), (USO), (FCX), (TLT) (SLV), (AIG), (FXB), (CU) (DECODING THE GREEBACK), (THE FUSION IN YOUR FUTURE) S&P 500 Large Cap Index (SPX) VOLATILITYS&P500 (VIX)
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 12, 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,
The stunning and unprecedented move by the Bank of Japan last week boosted the Trade Alert Service of the Mad Hedge Fund Trader to a new all time high. It was an incredible week, with me punching out 14 Trade Alerts to readers, burning up the fiber optic cable of the global broadband network. And