The following article is a Guest Contribution from The Mad Hedge Fund Trader Look at Gold In Yen. This is one of those “I told you so” pieces, so if that sort of thing turns you off, read no further. On May 26, I recommended that you buy gold against Euros at €970 (click here [...]
1. June has finally arrived and the horrible May 2010, which has the S&P 500 loose more than 8% is gone. Main Key driver for this huge decline in May was the May 6 Flash Crash which has the DOW and the S&P 500 cost more than 10% on an intraday basis. Ever since, investor [...]
The following article is a Guest Contribution from The Mad Hedge Fund Trader It is time to revisit buying gold against the euro, which I have been dabbling in for the last 15 months (click here for my initial call). This involved buying gold and then going short an equal dollar amount of Euros against [...]
The following is a Guest Contribution of The Mad Hedge Fund Trader. This is my favorite asset class for the next decade, as investors increasingly catch on to the secular move out of paper assets into hard ones. Don’t buy anything that can be manufactured with a printing press. Focus instead on assets that are [...]
Overview As the January of 2010 proceeds and investors and traders have returned from their vacations, it is confusingly quiet in all different kind of asset classes. The S&P 500 has barely moved since the beginning of the New Year and except commodities which remain the name of the game for many “Hedge” Fund Managers, [...]
Perhaps we have had our minor pull back and equities are ready to resume their advance. I would have liked to see a little more decline. In any case, the equities pulled back to support at 1138 and now poised to advance further. First it will flag between 1140 and 1150 for a period. Yes [...]
Courtesy of The Mad Hedge Fund Trader 1) A dramatic decline in the unemployment rate enables the Democrats to increase the number of seats in the House and the Senate in the November midterm elections. Obama’s popularity soars. 2) A “Goldilocks” economy of huge corporate profits with no inflation gives the stock market boom another [...]
As the year and the decade comes to an end, lets see how various metals have performed over the course of 3 and 1 year respectively. In addition to that, I put up a cool Performance Chart. Courtesy of Stockcharts.com . Enjoy! Gold 3 years: Gold 1 year: Silver 3 years: Silver 1 year: Platinum [...]
Bluepoint daily market view – June 18, 2010
“And we care about the small people. I hear comments sometimes that large oil companies are greedy companies or don’t care. But that is not the case in BP. We care about the small people,” said a BP boss referring to the victims of gulf oil spill last Wednesday. And then the big man said [...]