In The Balance – The Rainmaker

Featuring Alejandro Reyes

Alejandro Reyes brings us a mid-week assessment of market action in the S&P and beyond, with actionable trades and charts in The Rainmaker Report.

Published on
12 October, 2016
Topic
Trading, Monetary policy, US Economy
Duration
23 minutes
Asset class
Equities
Rating
199

Comments

  • MM

    MZ M.

    17 10 2016 05:25

    11       2

    Always love me some Rainmaker! its interesting to see so many down votes and negative-ish comments - i'll have to go back and check the thumbs up/down ratio of past Rainmaker videos but I am thinking the reaction we're seeing to this video is a result of many recently added new subscribers who haven't yet learned to speak "rainmaker-ese" and have not been riding along on the pelaton. Alejandro I agree with you Grandmaster Koo interview is a Master Class video. I followed along perfectly well with your thinking and explaining of the potential unit-of-account contract law thinking - only on RVTV and Rainmaker would that connection be made! I've been a subscriber and am aware of all the research you do and the sharp eye you keep on the monetary doctrines playing out behind the scenes with the CBs. I guess this qualifies me as fluent in Rainmaker lingo! Keep up the great work and I'll be here along with plenty of others anxiously awaiting your next visit to RVTV - Thanks again Milton - you're the best!

  • JH

    John H.

    17 10 2016 04:34

    2       1

    If you have watched all of his videos, I think you would agree he offers far more actionable intel than most. His thesis for THIS episode is that the CB's are tap dancing, letting the markets trade in a range and waiting for new US leadership. If that's the case, then offering up a bunch of low conviction trading ideas hardly makes sense. His "rambling" is trying to set the stage, the context for potential big changes from the Davos crowd. He won't be right about all of it, but he is expanding the scope of my thinking about what is going on behind the curtain. And for those criticizing his "rain or shine" portfolio, you don't have nearly enough information to make that judgement. Its a portfolio that plays to the CB controlled market, and it has performed beautifully. He gets it!

  • JM

    Jason M.

    16 10 2016 13:00

    5       7

    Not of the caliber I'd expect from RVTv.

  • DC

    Dennis C.

    15 10 2016 23:29

    2       0

    Thank you for this insight filled guest. A lot less polished than others. Nonetheless lots of good ideas

  • AN

    Amanda N.

    15 10 2016 21:39

    1       4

    Ggfffft to ug

  • WM

    William M.

    15 10 2016 18:08

    6       0

    Not Rainmaker's best, a bit disjointed. But I find him an interesting listen. He is different from most RV interviewees but I welcome his perspective.

  • PS

    Patrick S.

    15 10 2016 16:33

    3       0

    Keep the diversity of guests coming gents. Great job!

  • PS

    Patrick S.

    15 10 2016 16:32

    5       0

    I watch RV because of the diversity of its guests and their commentary. We have guests from mining promoters to others just talking their book. The choice to view or not is mine alone.
    Keep the diver

  • AZ

    Aamer Z.

    15 10 2016 11:41

    11       4

    Alejandro is a money maker....and he will get some calls wrong but is on the right side of the big trades which is what you want. He may not be as polished as some of the presenters on RV etc but show me 20% plus performance on the board for hedge fund managers like the RM. in addition RM is actually quite the intellect and reads all the massive econ papers out there and is usually the first to bring out major investment themes to our attention.

    Don't underestimate this gentleman.....am a subscriber to his newsletter and it is probably the best out there for making money.....otherwise there is zero hedge for people focuses on style and non investment concerns.

    Thanks.

  • ii

    ida i.

    15 10 2016 06:55

    5       0

    he is a smart guy, but he whines when he speaks so he is difficult to follow, like he is telling a story or something, I suggest you provide transcription so we can skip the chatter...?

  • SL

    Steven L.

    15 10 2016 01:01

    3       1

    This one was way too scattered to make any sense to me.

  • DC

    Dave C.

    14 10 2016 23:15

    5       1

    Found this very difficult to follow - almost an unstructured ramble. I am happy to hear views that are counter to my own, but would prefer a clear delivery.

    I note the lack of a transcript to download - I wager that the poor transcriber (even if it was automated) had the same issues.

  • HC

    H C.

    14 10 2016 22:42

    3       3

    Didn't enjoy this one. I'm not into stream of consciousness . Sorry guys.

  • AH

    Andreas H.

    14 10 2016 19:21

    1       0

    Like it a lot, his trades worked. Not sure if a monster rally like 1999 comes, but I also think, Stocks will rip up further, while several 10-20% drops will happen all the way.

  • TW

    Tom W.

    14 10 2016 01:51

    1       1

    An easy, hands-off, low risk strategy is a 50-50 SPY-TLT portfolio with dividends reinvested and re-balanced quarterly. Low expense and reasonable yield htat compounds over time. I don't understand adding SVXY to the mix - it has relatively high expense (over 1%) , adds much volatility, and pays no dividend.

  • DO

    David O.

    14 10 2016 00:43

    4       0

    It is true that most of the long only (not surprising one may feel) traders in London are barely daring to think that way but it is on their minds. Perhaps a mini October 1999 is due. Certainly the potential infrastructure spend, tax rebates and the persistently cheap money (if you do not need it) set the tone.

  • GS

    Gordon S.

    13 10 2016 21:34

    10       2

    Not very humble guy... definitely my last time watching. Investing in what you think is a bubble arrogantly thinking you will time the top is in my opinion lunacy. Also can’t really follow his arguments when he is talking about the natural interest rate being at negative 3% but arguing that gold is worthless.

  • DS

    David S.

    13 10 2016 19:15

    14       1

    Thumbs down is an indication of one viewer's reaction. I appreciate the viewers who give their reasons in the comment section. It may help improve future presentations for a broader audience. It should not be used to dictate who is on RV. This would be disruptive to RV and disrespectful to other viewers. Einstein's office was a mess, but he had some good ideas.

  • KH

    Katrina H.

    13 10 2016 18:48

    17       1

    I find the thumbs down reviews interesting. Everyone is entitled to their opinion. However, I've been a Rainmaker subscriber for a while now and I've been able to position myself on the correct side of the trade about 90% of the time. One thing about Alejandro - when he's wrong, he admits it. No excuses. He's very intelligent, does his homework, and shares it with his subscribers. What you choose to do with it is up to you.

  • jw

    jackson w.

    13 10 2016 18:10

    2       16

    this guy sucks compared to the aspen trading group guy...

  • IF

    Ian F.

    13 10 2016 17:19

    12       2

    @ Peter P - I totally agree. I prefer ones with high thumbs down ratios because its generally controversial content.

    Because at the end of the day the RV crowd = the Zerohedge crowd.

  • PP

    Peter P.

    13 10 2016 17:04

    22       4

    When I see a lot of thumbs down on someone who regularly contributes to RV, I just ask myself you are free to vote as you did, but why are you watching ? I always learn a nugget or get something I say I should chase as a source/story from almost every RV video. So thank you Alejandro for sharing your views & look forward to the next Rainmaker piece.

  • AH

    Andrew H.

    13 10 2016 16:02

    4       1

    He has more actionable trades than most RV presentations. Usually, at least worth the watch. JMHO

    And, no. I will not be trading the SPX rip until new stimulus in announced.

  • GH

    Gary H.

    13 10 2016 14:27

    9       0

    Funny he waits and hopes that his bad call somehow comes back in the money and claims to get the call right.

  • TM

    The-First-James M.

    13 10 2016 12:20

    3       0

    Appreciate this is now a cliche, but speaking as a former saver who is mightily peed off that he can no longer get safe yield in return for his prudence and self-discipline, Professor Marvin Goodfriend is never going to be a good friend of mine!

  • TM

    The-First-James M.

    13 10 2016 11:45

    6       1

    I do enjoy the Rainmaker. Smart guy who forces me to examine some of my own opinions at times. Appreciate he got the pre-Brexit Gold call badly wrong, but he's also made plenty of good calls. Personally, I'm of the opinion that Gold would have gone lower on a UK remain vote - was looking shaky pre-Brexit - and then that call would have looked pretty smart. I'm a Brit who voted leave, and I didn't expect my camp to make it over the line. The result was a shock to a lot of people. Knew it was going to be close though...

  • AT

    Alfie T.

    13 10 2016 11:40

    11       5

    I'm sorry but this is pure rambling. The Brexit discussion was informative: we were dead wrong, but we still made money! So if you had traded for Brexit you would have lost money?

  • bp

    bart p.

    13 10 2016 08:09

    17       0

    I generally enjoy his comments on markets but his 'justification' of his NUGT short which is now in the money is just stupid, quite frankly. Who would have hold on to that at the time? Literally nobody and I'm sure he didn't also.

  • IF

    Ian F.

    13 10 2016 01:23

    1       0

    BTW -- The Colm O'Shea interview in Hedge Fund Market Wizards takes you through how to trade a bubble.

  • J

    John .

    13 10 2016 01:00

    4       0

    Think his argument could be more fully developed. Found the discussion on easy money and productivity to be unconvincing.Money was free in 2007, and its pretty close to free today. Would be shocked at a 1999-like rally from here in equities. Quite shocked.

  • JK

    Jeff K.

    13 10 2016 00:37

    12       5

    disappointing...not up to the high standards of RV...

  • JS

    John S.

    12 10 2016 22:31

    14       1

    I think I'll pass on the SPX trade and hang on to my gold miners....

  • JL

    John L.

    12 10 2016 20:57

    5       8

    We need a video of rainmaker for dummies.
    Either this guy is the smartest guy in the world or the most confusing guy in the world. Maybe both?
    I have watched most all videos on Real Vision TV and felt I understood and learned something. However the rainmaker and Richard coo are beyond my grasp.
    I'm willing to change my way of thinking if necessary but first I would have to understand more clearly.
    Signed Milton's brother

  • KA

    Kelly A.

    12 10 2016 20:47

    24       1

    Don't prejudge him. He is a smart guy. I get his daily newsletter. He's a money maker --not 100% of the time, of course, but he adds useful and interesting context. Unique individual and views --but I find that refreshing and profitable.

  • DH

    Dale H.

    12 10 2016 20:15

    6       4

    I'm not motivated to use any of this. I feel like I see a boat rocking on the water on quite a nice misty, rather than rainy, day and someone is not holding it steady enough for me to get in. So I'll walk to the Cafe down the road, for some toast and coffee and then go home...

  • MC

    Minum C.

    12 10 2016 19:40

    14       4

    Interesting he put up a chart of the Nasdaq in 1999 and suggested going long for the rip higher. OK, but doesn't this all just come down to time horizon and trading/investing style? I agree with the majority here in that this guy is definitely not a reason to be subscribing to RV. Very ordinary commentary, and I can replay the excellent Richard Koo video and take my own notes thank you very much.

  • GT

    Gideon T.

    12 10 2016 16:15

    22       0

    would have liked to see him holding his short NUGT when it was up 75% after Brexit for 2 months

  • IF

    Ian F.

    12 10 2016 15:20

    14       6

    This guy gets it. The central bankers have thus far not allowed a material rip to the upside in equity prices even though the market wants to go there. But at some point, just like on the downside, they won't be in control -- then this thing goes higher. Martin Armstrong has done a lot of work on this as well, capital flows are just too strong, it has to go higher.

  • JF

    Jonathan F.

    12 10 2016 14:32

    18       2

    Salvatore, this is the fellow who suggested $17 GDX calls in January... 10X return in 7 months bottom to top. He's not always right, but he's worth hearing out.

  • CB

    C B.

    12 10 2016 13:59

    19       0

    Not sure I would want to participate in a "valuation stretch" when you consider historically over-valued markets typically experience a sharp break. Timing the ultimate top and getting out beforehand is very hard to do.

  • RM

    Robert M.

    12 10 2016 13:52

    2       0

    Interesting Commentary. I have been expecting negative interest rates coming to the US

  • JL

    Jacob L.

    12 10 2016 13:35

    21       18

    Difficult to watch, so much emphasis on form. Doesn't strike me as RV material.

  • SD

    Salvatore D.

    12 10 2016 10:36

    27       50

    Not again, please.