About John Thomas

Author Archive | John Thomas

A Thank You From The Mad Hedge Fund Trader.

In the event that the Mayans got it wrong, and the world does not end today, I am calling it quits for the year. And what a year it has been. Over 26 trips and 40 speaking engagements in 20 countries, I managed to log 75,000 flight miles, a distance of roughly three times around […]

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December 20, 2012

Global Market Comments December 20, 2012 Fiat Lux Featured Trades: (JANUARY 4 CHICAGO STRATEGY LUNCHEON), (WHO NEED GOLD?), (GLD), (SLV), (PPLT), (PALL) (FAREWELL TO SENATOR DANIEL INOUE) SPDR Gold Trust Shares iShares Silver Trust ETFS Physical Platinum Shares ETFS Physical Palladium Shares

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Who Needs Gold?

Who the hell needs an umbrella in the middle of a draught? Snow boots in a roasting desert? A National Rifle Association bumper sticker at a UC Berkeley sit-in? For traders, the bigger question is why they should be long gold during one of the most aggressive “RISK ON” rallies in recent years, when asset […]

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Farewell to Senator Daniel Inoue

I was greatly saddened to learn of the passing of Senator Daniel Inoue of Hawaii yesterday, the Senate’s longest serving member, and a close friend. After 50 years in this August legislative body has came to dominate the all powerful Ways and Means Committee, eventually becoming the President Pro Tem. He was 88. As a […]

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December 20, 2012 — Quote of the Day

“For over a thousand years Roman conquerors returning from the wars enjoyed the honor of triumph, a tumultuous parade. In the procession came trumpeters, musicians and strange animals from conquered territories, together with carts laden with treasure and captured armaments. The conquerors rode in a triumphal chariot, the dazed prisoners walking in chains before him. […]

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December 19, 2012

Global Market Comments December 19, 2012 Fiat Lux Featured Trades: (WHY I BAILED ON MY EURO SHORT), (FXE), (EUO), (THE VERY LONG VIEW ON CHINA), (FXI), (CYB), (WHY IS GOOGLE SO HOT?), (GOOG) Currency Shares Euro Trust ProShares UltraShort Euro iShares FTSE China 25 Index Fund WisdomTree Dreyfus Chinese Yuan Fund Google, Inc.

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Why I Bailed on My Euro Short.

With a resolution of the fiscal cliff imminent, I am going to take off my last “RISK OFF” position that I used to hedge all of my other remaining “RISK ON” positions in Apple, Google, the S&P 500, and the Russell 2000. The Currency Shares Euro Trust (FXE) January, 2013 $126-$131 in-the-money bear put spread […]

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The Very Long View on China.

I have long sat beside the table of McKinsey & Co., the best management consulting company in Asia, hoping to catch some falling crumbs of wisdom. So, I jumped at the chance to have breakfast with Shanghai based Worldwide Managing Director, Dominic Barton, when he passed through San Francisco visiting clients. These are usually sedentary […]

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Why is Google So Hot?

If you followed my long position with Google (GOOG), I’m sure you have seen the stock rise significantly since my recommendation. Readers who have yet to touch the stock should use the next dip to get into a long-term investment. I just wanted to update you on the latest goings on at this Internet pioneer. […]

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December 19, 2012 — Quote of the Day

“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries,” said the late British prime minister, Winston Churchill.  

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December 18, 2012

Global Market Comments December 18, 2012 Fiat Lux Featured Trades: (WHEN DAVID TEPPER TALKS, PEOPLE LISTEN), (SPX), (THE SEDUCTIVE ALLURE OF BRAZILIAN BONDS), (EWZ), (BZF) S&P 500 Large Cap Index Brazil iShares Wisdom Tree Dreyfus Brazilian Real Fund

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When David Tepper Talks, People Listen.

I always pay attention when mega hedge fund manger, David Tepper, speaks. The trading legend is able to use his gritty, Pittsburgh roots to distill down massively complicated global macro trends into a few simple truths, and make a fortune trading off them. In 2010, his comments triggered the “Tepper Rally”, which my readers and […]

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The Seductive Allure of Brazilian Bonds.

OK, let’s say that you don’t own bonds, but someone is holding a gun to your head, dangling you by your ankles outside a window on a high floor, or threatening to cut you off their Christmas card list, if you don’t buy some. Maybe you are sick to death, bashing your head against the […]

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December 18, 2012 — Quote of the Day

“Sell a vision that’s positive for America, not a negative vision about what’s wrong with America. I think you have to have both, but we didn’t sell a positive vision,” said Oklahoma senator, Paul Coburn.

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December 17, 2012

Global Market Comments December 17, 2012 Fiat Lux Featured Trades: (WHY MY SHORTS ARE MISSING), (IS COPPER THE NEW RED GOLD?), (JJC), (DBB), (ECH), (JCX) (SAY GOODBYE TO YOUR FAVORITE TEACHER) iPath Dow Jones-UBS Copper Subindex Total Return ETN PowerShares DB Multi-Sector Commodity Trust Metals Fund iShares MSCI Chile Index Fund

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