Sometimes we stare so long at a door that is closing that we see too late the one that is open,? said Alexander Graham Bell, inventor of the telephone.
Global Market Comments
June 19, 2013
Fiat Lux
Featured Trade:
(JULY 8 LONDON STRATEGY LUNCHEON),
(TRADE ALERT SERVICE RANKS SIXTH AMONG HEDGE FUNDS)
(THE HISTORY OF TECHNOLOGY),
(THE FUTURE OF CONSUMER SPENDING),
(EEM), (PIN), (IDX), (EWC)
iShares MSCI Emerging Markets Index (EEM)
PowerShares India (PIN)
Market Vectors Indonesia Index ETF (IDX)
iShares MSCI Canada Index (EWC)
Come join me for lunch for the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in London on Monday, July 8, 2013. 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, currencies commodities, precious metals, and real estate. And to keep you in suspense, I'll be throwing a few surprises out there too. Enough charts, tables, graphs, and statistics will be thrown at you to keep your ears ringing for a week. Tickets are available for $249.
I'll be arriving an hour early and leaving late in case anyone wants to have a one on one discussion, or just sit around and chew the fat about the financial markets.
The lunch will be held at a private club on St. James Street, the details of which will be emailed to you with your purchase confirmation.
I look forward to meeting you, and thank you for supporting my research. To purchase tickets for the luncheons, please go to my online store.
The Trade Alert service of the Mad Hedge Fund Trader ranked as the sixth top-performing hedge fund in the world, according to statistics compiled by Barron's. The Dow Jones subsidiary tallied results of the top 100 funds from a potential global universe of over 10,000. It then ranked results according to their three-year compound annual returns.
The Red Bank, New Jersey based Zais Opportunity Fund Class B came in at number one, with an eye popping 52.39% return? (https://www.zaisgroup.com/about.aspx ). They were followed by Quantedge Global in New York (http://www.quantedge.com/about/overview.php).
I peruse the list when it comes out every quarter to see how my friends in the industry are doing, and to study which strategies are delivering the winning numbers. No surprise that bond managers dominated the ranks, as we are just winding up a 60-year bull market in that once sought after asset class. However, investors in the four funds that employed bond strategies are about to get a rude wake up call, as May was the worst month in that market in many years.
Funds that employed a global macro approach, as I do, were catapulted to the top by correctly betting on Japan. This has been one of the toughest strategies to execute in recent years, as the massive liquidity provided by the Federal Reserve so grievously separates international assets from their fundamentals. Many such funds have been getting killed by their short positions in equities this year. Two funds in the Barron's table executed specialized niche strategies in asset-backed strategies, while one focused on distressed securities.
As of last week, the Trade Alert Service of the Mad Hedge Fund Trader boasted an enviable averaged annualized return of 35.50%. My own biggest earnings of the year have been in short yen, short gold, and long US equities. Followers have been laughing all the way to the bank (click here for the link to the testimonials).
Global Trading Dispatch, my highly innovative and successful trade-mentoring program, earned a net return for readers of 40.17% in 2011 and 14.87% in 2012. The service includes my Trade Alert Service, daily newsletter, real-time trading portfolio, an enormous trading idea database, and live biweekly strategy webinars. To subscribe, please go to my website at http://madhedgefundradio.com, find the "Global Trading Dispatch" box on the right, and click on the lime green "SUBSCRIBE NOW" button.
Trade Alert Service Since Inception
I have just finished leisurely reading Tom Standage's book The Victorian Internet: The Remarkable Story of the Telegraph and the Nineteenth Century On-Line Pioneers.
Standage discusses the creation and development of the telegraph system and how it revolutionized communication in the nineteenth century. The book claims that Modern Internet users are in many ways the heirs of the telegraphic tradition, meaning that how people used the telegraph during the nineteenth century parallels how people use the Internet today.
Standage goes on to suggest that by studying how the telegraph developed and created certain trends in society, we can learn a lot about the challenges, opportunities, and pitfalls of the Internet today. From discussing the social impact of both systems with the development of online social interactions to the way that business and work was revolutionized, the book has it all!
You can laugh about how Victorians flirted and developed romantic connections over Morse code and you can marvel at the way getting more rapid information, particularly with the invention of the stock ticker, allowed financial markets to emerge and grow. If you Bloomberg slaves are looking for an educational and entertaining read, click here to purchase from Amazon.
As part of my never ending campaign to get you to move more money into emerging markets, please take a look at the chart below from Goldman Sachs. It shows that the global middle class will rise from 1.8 billion today to 4 billion by 2040, with the overwhelming portion of the increase occurring in emerging markets.
The chart defines middle class as those earning between $6,000 and $30,000 a year. Adding 2.2 billion new consumers in these countries is creating immense new demand for all things and the commodities needed to produce them. This explains why these countries will account for 90% of GDP growth for at least the next ten years. It's all a great argument for using this dip to boost your presence in ETF's for emerging markets (EEM), China (FXI), Brazil (EWZ), and India (PIN).
Of course, you don't want to rush out and buy these things today. Emerging markets have been one of the worst performing asset classes of the year. But the selloff off is creating a once in a generation opportunity to get into the highest growing sector of the global economy on the cheap. I'll let you know when it is time to pull the trigger.
In the meantime, store this chart in your data base so when people ask why your portfolio is packed with Mandarin, Portuguese, and Hindi names, you can just whip it out.
?Successful investing is anticipating the anticipations of others,? said the groundbreaking economist, John Maynard Keynes.
As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen. Read more
Global Market Comments
June 18, 2013
Fiat Lux
Featured Trade:
(JULY 2 NEW YORK STRATEGY LUNCHEON),
(THE HIGH OIL MYSTERY), (USO), (UNG),
(SCAM OF THE WEEK),
(DECODING WHAT?S IN YOUR POCKET)
United States Oil (USO)
United States Natural Gas (UNG)
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Seminar, which I will be conducting in New York, NY on Tuesday, July 2, 2013. An excellent three course lunch will be provided. A PowerPoint presentation 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, and real estate. And to keep you in suspense, I?ll be throwing a few surprises out there too. Enough charts, tables, graphs, and statistics will be thrown at you to keep your ears ringing for a week. Tickets are available for $209.
The formal luncheon will run from 12:00 to 2:00 PM. I?ll be arriving an hour early and leaving late in case anyone wants to have a one on one discussion, or just sit around and chew the fat about the financial markets.
The event will be held at a prestigious private club on Central Park South, the details of which will be emailed to you with your purchase confirmation.
I look forward to meeting you, and thank you for supporting my research. To purchase tickets for the luncheons, please go to my online store.
