Naked Hedge Fund

In this video Phil Town talks about how mutual funds are a scam and how much money one would be in the whole if they used mutual funds vice buying an index (such as SPY) themselves. This is something that we have mentioned many times on the site and believe in very strongly.

They also discuss how with market volatility you could sell at highs and then buy dips, but whats even better (and they don’t mention in the video because everyone is scared of shorting for some reason) is that you have the ability to play both sides of the market. So when the market tops out you can make money on the way down by shorting the stock instead of just selling your long positions. Those gains over time (especially over the past 10 years) are HUGE in comparison to a long term long side mutual fund holder. Video on full post:

To say that this market has defied all odds with this huge rally is an understatement. Now one has to take a look at how far we have come and think seriously about how far we can go. Technically speaking there is some significant resistance on the horizon. And in this case the significance is substantial in that these tests only come around every 5 years or so as of late. Below is a chart showing these tests. The chart is a 10 year chart of the SPY sampled at a monthly rate. As you can tell by the amount of time involved in the chart these are very long term trends that are very big and heavy hitters. The market has already somewhat passed the first test of the 25 month moving average, but has the 50 month moving average on the horizon somewhere around $123 on the SPY. The chart explains it better on the full post

We made it… now what?

Naked Hedge Fund Weekly report. PDF on post.

Bull Party

Naked Hedge Fund Weekly report. PDF on post.

Volatility Anyone?

Naked Hedge Fund Weekly report. PDF on post.

Fed rattling it’s sword?

Naked Hedge Fund Weekly report. PDF on post.

Naked Hedge Fund Weekly report. PDF on post.

The retail sales report is a measure of the total receipts of retail stores. The changes in retail sales are widely followed as the most timely indicator of broad consumer spending patterns. It is also important to keep an eye on the gas and food components, where changes in sales are often a result of price changes rather than shifting consumer demand.

Retail sales can be quite volatile and the advance reports are subject to rather large revisions. Retail sales do not include spending on services, which makes up over half of total consumption. Total personal consumption is not available until the personal income and consumption reports are released, typically two weeks after retail sales.

This chart is dynamic. You can zoom in and out to see more or less of the data. Also if you roll your mouse over the chart it will respond with the data for that specific point.

Wicked Thursday washout.

Naked Hedge Fund Weekly report. PDF on post.

Naked Hedge Fund Weekly report. PDF on post.