HAPPY NEW YEAR’S DAY!

1,381 views

I haven’t discussed it here on the blog, but Twitter just changed the game with their Periscope app. The ability to livestream is here and the possibilities are endless. When I am liquid and looking to reallocate, I am definitely buying TWTR for the long term. Another stock that has been basing out and might be ready to move is PNRA. Although I am disappointed by the offerings on their menu, at the present, I am sure by summertime they will get their shit in order.

If any of you are bewildered by the title of the post, that is because you’re an idiot.

Back in the middle ages, New Year’s Day was celebrated around March 25th. People were utterly retarded back then, so the dates shifted with the winds. By the late 16th century, the sophisticates in France adopted January 1st as New Year’s Day. From that time on, an era of unparalleled snobbery began.

Townspeople who celebrated on 1/1 would walk about the square in an air of dignity and would condescend down to anyone who still celebrated in March-April 1st. There are tales of idle rock throwing and burnings at the stake–pertaining to the persecution of those who opted to celebrate New Year’s Day, in the olde traditional manner. Remember, back then everyone was a member of ISIS and had zero regard for human life.

As time went on, April 1st was officially designated as a “Fool’s Day”, specifically because some jackasses had the audacity to celebrate New Year’s Day on that day, and not on the obvious choice of January 1st. Families would cower in shame, celebrating the new year in secrecy, all the while January firsters rampaged throughout the town pulling pranks on people who didn’t conform to their style of calendar.

History class is over. Go make a barrel of money.

The Chimes at Midnight

3,065 views

We’re being made to look like fools, coming here and pretending to know what course the Fed should take, regarding monetary policy. Hell, the Fed doesn’t even know what is right from wrong. Should we “get in front” of prospective inflation through rate hikes? Isn’t it all so artificial, after all? If rates want higher, the market will send them higher.

In a world where the donkey punchers from Romania, a country filled from top to bottom with criminality, get to borrow at the obscene rate of just 2%, one must think to oneself that something is amiss here. Maybe all of the bearshitters around the active volcano are right and this economy is being held together with the scotched tape of the Fed and other central banks. Now if you knew that to be a fact, would you, knowingly, precipitate actions that would lead to its eventual unraveling?

Any sane person answered no to that question.

The truth is, all of the talk about Fed rate hikes are utter horseshit, as TLT prints above $130. The market will see your rate hikes, and raise you, by lowering them for you, whether you like it or not. The market is in control of rates; and for now, they want lower.

While all of this is happening, the market is bidding up obfuscation: biotech stocks.

No one can argue with words like “imagine”, “potentially”, and “forecasted profits” etc. The great biotech run is the sleight of hand, the proverbial parlour trick, to keep you entertained, all the while carnage wreaks havoc on the industrials. At the vanguard of this dismantling is America’s cherished oil and gas industry, gone by the horizontal wayside–courtesy of Saudi Arabia.

This is why non-profitable, non-health care related, stocks are underperforming. We are late in the bull cycle and if you haven’t got a company that is generating free cash flow, in any significant magnitude, there are sellers who will correct your ways in short order.

You want proof? How’s this for proof?

I ran two screens in Exodus, both identical except for one thing. In the first screen I asked for stocks with positive FCF, the second negative.
Positive

Negative

 

The free cash flow positive list netted more than 5x the percentage gains– over the past year.

 

Bear in mind, the latter screen of money losers includes all of the high flying biotechs, some stocks up 2,3, 500% over the past year. The results cannot be negotiated or glossed over any longer. Momentum is dead; long live free cash flow.

I suggest you start learning about the fundamentals of the market, on your own accord, else the forces of the market will make you do it under less agreeable terms.

A Quarter That Will Go Down In Infamy

2,730 views

Seeing this market give up yesterday’s gains is like watching a terrorist event unfold. We are destined, by the grace of God, to enjoy the spoils of QE. The first quarter of 2015 is officially over, and it was one giant circle jerk. I want MOAR spoils. Who would’ve known oil and gas stocks would lead the way, as everything else languished in flaccid hell, sans biotech?

I did.

My +15% gains for the quarter were built upon the backs of oil men, men who worked diligently in the fields of fossil to procure elements at horrifically low prices. For me, the biggest disappointment was HABT, which proved to be a waste of my time. I would’ve been better off with any other eatery, as retail and restaurant related names faired well.

Heading into Q2, I am expecting things to heat up a bit. As a matter of fact, I imagine Q2 to be a Tsar Bomba inside of a Jack in the Box, readying to pop out at any moment.

With regard to today’s trading action, I deeply regret buying BABA. It is a stupid stock and on the road to oblivion. It would’ve been nice to sell a little GRUB this morning, before its appalling reversal and subsequent  disappointment.

Bottom line: I cannot complain, as I am up more than most for the year. Nevertheless, the obtuse demeanor of the tape persists, something that has been in abundance for more than a year. With the effervescent melody of frustration, marked with periods of inelegant horror, one must wade through these times of relentless upheaval–the black mirror of opportunity.  This is a stock pickers market, one built to destroy amateurs. The path to success is finding companies with robust free cash flow. Any other method of research is simply a waste of time.

 

Churn ‘Em and Burn ‘Em

4,466 views

Look at this shit. I knew yesterday’s rally was 100% horseshit. It was your typical end of quarter mark up by nefarious gentlemen in darkened, smoke filled, wood rooms–who spend their spare time trying to thrust America into another warzone filled with head chopping maniacs.

We bolted out of the gates yesterday and climbed nearly 300 fucking points, with just 72% breadth. Scores of momo stocks were lagging behind, impotent, flaccid, and completely without erection.

Enter sell off.

Tribal units, clad in tin foil skirts and meat helmets, living near active volcanos, will now spring into action– plowing their net worths into FAZ and TAZ mobiles, fully convinced that the market has topped out, yet again. These people are bedraggled microbes, mentally disabled from assimilating with a modern society.

If I knew what was good for me, I’d go to sleep right now and wake up in a few hours, after the early morning shit-show. My tolerance for this shit is at a new all-time low. I am liable to snap off and punch holes in the wall, toss mugs filled with hot, hot coffee through a window, or two. Or, I might even go old school and slap someone in the face with a scalding slice of pizza.

I want my stock market gains, and I want them now. Being up 16% isn’t enough. I want to be up 16,000% and any set back is merely a waste of my time. I don’t have time to waste and would prefer if we could skip all of this unpleasantness and simply punch–the fuck– higher.

BALLS

2,018 views

It took balls to look fear in its face and urinate on it. While everyone was stricken with panic, you, the internet pleb, held firm and told your robo-advisors to get long.

Since my last post, the market has firmed up and entered into “the euphoric zone of no return.” This means, in layman’s terms, that if you are short stock, you are completely fucked.

There is nothing that you can do now. You’re frozen from acting in a reasonable way. So, the only thing left for you to do is simply sit there and lose enormous sums of money.

YOU WERE WARNED, all of you were fucking warned. I have no sympathy for you.

I’m now up 1.2% for the day, slightly below the SPY–due to some of my stocks underperforming. Nevertheless, small boy on the other end of the computer screen, Le Fly is now up 16 fucking percent for the year.

Watch the Internals for Tickery

2,849 views

Watch out for the underlying weakness in momo and biotech. I added to my YY position, despite it being weak. That was probably a mistake.

GRUB is nicely higher; and all in all, I am making coin. However, this doesn’t feel like a +200 point day. As a matter of fact, if I was bearish, I’d be encouraged by this action, as it has some traits of a blow off top.

Don’t get me wrong: this is a solid start and we’re up a lot, so that’s a good thing. I’d like to see market breadth higher than 75% on a +250 point day.

Rick Santelli Has to be Pissed

1,867 views

Banksters are out and about overlooking their pastoral acreage. The stock market is near new highs. Unemployment is heading lower and the Tea Party is in shambles. If you think about it, every single thing that Rick wants is being denied.

There are scores of poor people with food, hardly starving. Folks who once had upside down mortgages are now flipping homes again. And, Barrack Obama generally does whatever the hell he feels like doing.

The Federal Reserve urinates on Rick’s head. Hedge fund managers keep getting their 2 and 20 for “believing the hype.” And these mergers and acquisitions keep getting in the darn way of a real market breakdown. I am sure Rick was rooting for Greece to shrivel up and die. Without a doubt he was circle jerking at a rapid pace when Italy, France and Spain saw their sovereign debt blow out. Nothing. It all ended up in a giant clown show, with Rick being dunked in the tank.

Do not misconstrue my vigor for Rick’s mishaps as hatred. Nothing could be further from the truth. I love Santelli. After all, without villains like Rick there wouldn’t be super-heroes– like Le Fly– to balance the scales.

Futures are through the fucking roof. It’s April, after all. Mergers are happening and traders are popping viagra and snorting cocaine off the back of their keyboards.

Off to drink a fucking vat of coffee.

Gentlemen of Extreme Measures: The Best Month of the Year Approaches

3,485 views

Historically, April is the best month of the year. Have a look at the data, courtesy of Exodus.
April

Let’s not mince words. Life is too short to be coy and pretend that we mean one thing, when in fact we mean another. I want the market to go up by 5% in April. Anything less than a 5% ramp will disappoint me. I intend to lighten up my exposure heading into May, since markets tend to get graped during the warmer climes of the year.

In the interim, “The Fly” will plot and scheme to catch his enemies in one giant snare and then execute them, in a favorable fashion according to medieval law.

I’ll do a seasonality post inside The PPT this week to highlight which stocks typically outperform in April. You will be surprised by some of the choices.

Gentlemen, we are going to make an extreme amount of money this April, a perversion of normalcy if I might be so bold. The volume of business we transact will surpass all previous highs, setting the stage for a most hedonistic summer.

HAPPY NEW YEAR’S DAY!

1,381 views

I haven’t discussed it here on the blog, but Twitter just changed the game with their Periscope app. The ability to livestream is here and the possibilities are endless. When I am liquid and looking to reallocate, I am definitely buying TWTR for the long term. Another stock that has been basing out and might be ready to move is PNRA. Although I am disappointed by the offerings on their menu, at the present, I am sure by summertime they will get their shit in order.

If any of you are bewildered by the title of the post, that is because you’re an idiot.

Back in the middle ages, New Year’s Day was celebrated around March 25th. People were utterly retarded back then, so the dates shifted with the winds. By the late 16th century, the sophisticates in France adopted January 1st as New Year’s Day. From that time on, an era of unparalleled snobbery began.

Townspeople who celebrated on 1/1 would walk about the square in an air of dignity and would condescend down to anyone who still celebrated in March-April 1st. There are tales of idle rock throwing and burnings at the stake–pertaining to the persecution of those who opted to celebrate New Year’s Day, in the olde traditional manner. Remember, back then everyone was a member of ISIS and had zero regard for human life.

As time went on, April 1st was officially designated as a “Fool’s Day”, specifically because some jackasses had the audacity to celebrate New Year’s Day on that day, and not on the obvious choice of January 1st. Families would cower in shame, celebrating the new year in secrecy, all the while January firsters rampaged throughout the town pulling pranks on people who didn’t conform to their style of calendar.

History class is over. Go make a barrel of money.

The Chimes at Midnight

3,065 views

We’re being made to look like fools, coming here and pretending to know what course the Fed should take, regarding monetary policy. Hell, the Fed doesn’t even know what is right from wrong. Should we “get in front” of prospective inflation through rate hikes? Isn’t it all so artificial, after all? If rates want higher, the market will send them higher.

In a world where the donkey punchers from Romania, a country filled from top to bottom with criminality, get to borrow at the obscene rate of just 2%, one must think to oneself that something is amiss here. Maybe all of the bearshitters around the active volcano are right and this economy is being held together with the scotched tape of the Fed and other central banks. Now if you knew that to be a fact, would you, knowingly, precipitate actions that would lead to its eventual unraveling?

Any sane person answered no to that question.

The truth is, all of the talk about Fed rate hikes are utter horseshit, as TLT prints above $130. The market will see your rate hikes, and raise you, by lowering them for you, whether you like it or not. The market is in control of rates; and for now, they want lower.

While all of this is happening, the market is bidding up obfuscation: biotech stocks.

No one can argue with words like “imagine”, “potentially”, and “forecasted profits” etc. The great biotech run is the sleight of hand, the proverbial parlour trick, to keep you entertained, all the while carnage wreaks havoc on the industrials. At the vanguard of this dismantling is America’s cherished oil and gas industry, gone by the horizontal wayside–courtesy of Saudi Arabia.

This is why non-profitable, non-health care related, stocks are underperforming. We are late in the bull cycle and if you haven’t got a company that is generating free cash flow, in any significant magnitude, there are sellers who will correct your ways in short order.

You want proof? How’s this for proof?

I ran two screens in Exodus, both identical except for one thing. In the first screen I asked for stocks with positive FCF, the second negative.
Positive

Negative

 

The free cash flow positive list netted more than 5x the percentage gains– over the past year.

 

Bear in mind, the latter screen of money losers includes all of the high flying biotechs, some stocks up 2,3, 500% over the past year. The results cannot be negotiated or glossed over any longer. Momentum is dead; long live free cash flow.

I suggest you start learning about the fundamentals of the market, on your own accord, else the forces of the market will make you do it under less agreeable terms.

A Quarter That Will Go Down In Infamy

2,730 views

Seeing this market give up yesterday’s gains is like watching a terrorist event unfold. We are destined, by the grace of God, to enjoy the spoils of QE. The first quarter of 2015 is officially over, and it was one giant circle jerk. I want MOAR spoils. Who would’ve known oil and gas stocks would lead the way, as everything else languished in flaccid hell, sans biotech?

I did.

My +15% gains for the quarter were built upon the backs of oil men, men who worked diligently in the fields of fossil to procure elements at horrifically low prices. For me, the biggest disappointment was HABT, which proved to be a waste of my time. I would’ve been better off with any other eatery, as retail and restaurant related names faired well.

Heading into Q2, I am expecting things to heat up a bit. As a matter of fact, I imagine Q2 to be a Tsar Bomba inside of a Jack in the Box, readying to pop out at any moment.

With regard to today’s trading action, I deeply regret buying BABA. It is a stupid stock and on the road to oblivion. It would’ve been nice to sell a little GRUB this morning, before its appalling reversal and subsequent  disappointment.

Bottom line: I cannot complain, as I am up more than most for the year. Nevertheless, the obtuse demeanor of the tape persists, something that has been in abundance for more than a year. With the effervescent melody of frustration, marked with periods of inelegant horror, one must wade through these times of relentless upheaval–the black mirror of opportunity.  This is a stock pickers market, one built to destroy amateurs. The path to success is finding companies with robust free cash flow. Any other method of research is simply a waste of time.

 

Churn ‘Em and Burn ‘Em

4,466 views

Look at this shit. I knew yesterday’s rally was 100% horseshit. It was your typical end of quarter mark up by nefarious gentlemen in darkened, smoke filled, wood rooms–who spend their spare time trying to thrust America into another warzone filled with head chopping maniacs.

We bolted out of the gates yesterday and climbed nearly 300 fucking points, with just 72% breadth. Scores of momo stocks were lagging behind, impotent, flaccid, and completely without erection.

Enter sell off.

Tribal units, clad in tin foil skirts and meat helmets, living near active volcanos, will now spring into action– plowing their net worths into FAZ and TAZ mobiles, fully convinced that the market has topped out, yet again. These people are bedraggled microbes, mentally disabled from assimilating with a modern society.

If I knew what was good for me, I’d go to sleep right now and wake up in a few hours, after the early morning shit-show. My tolerance for this shit is at a new all-time low. I am liable to snap off and punch holes in the wall, toss mugs filled with hot, hot coffee through a window, or two. Or, I might even go old school and slap someone in the face with a scalding slice of pizza.

I want my stock market gains, and I want them now. Being up 16% isn’t enough. I want to be up 16,000% and any set back is merely a waste of my time. I don’t have time to waste and would prefer if we could skip all of this unpleasantness and simply punch–the fuck– higher.

BALLS

2,018 views

It took balls to look fear in its face and urinate on it. While everyone was stricken with panic, you, the internet pleb, held firm and told your robo-advisors to get long.

Since my last post, the market has firmed up and entered into “the euphoric zone of no return.” This means, in layman’s terms, that if you are short stock, you are completely fucked.

There is nothing that you can do now. You’re frozen from acting in a reasonable way. So, the only thing left for you to do is simply sit there and lose enormous sums of money.

YOU WERE WARNED, all of you were fucking warned. I have no sympathy for you.

I’m now up 1.2% for the day, slightly below the SPY–due to some of my stocks underperforming. Nevertheless, small boy on the other end of the computer screen, Le Fly is now up 16 fucking percent for the year.

Watch the Internals for Tickery

2,849 views

Watch out for the underlying weakness in momo and biotech. I added to my YY position, despite it being weak. That was probably a mistake.

GRUB is nicely higher; and all in all, I am making coin. However, this doesn’t feel like a +200 point day. As a matter of fact, if I was bearish, I’d be encouraged by this action, as it has some traits of a blow off top.

Don’t get me wrong: this is a solid start and we’re up a lot, so that’s a good thing. I’d like to see market breadth higher than 75% on a +250 point day.

Rick Santelli Has to be Pissed

1,867 views

Banksters are out and about overlooking their pastoral acreage. The stock market is near new highs. Unemployment is heading lower and the Tea Party is in shambles. If you think about it, every single thing that Rick wants is being denied.

There are scores of poor people with food, hardly starving. Folks who once had upside down mortgages are now flipping homes again. And, Barrack Obama generally does whatever the hell he feels like doing.

The Federal Reserve urinates on Rick’s head. Hedge fund managers keep getting their 2 and 20 for “believing the hype.” And these mergers and acquisitions keep getting in the darn way of a real market breakdown. I am sure Rick was rooting for Greece to shrivel up and die. Without a doubt he was circle jerking at a rapid pace when Italy, France and Spain saw their sovereign debt blow out. Nothing. It all ended up in a giant clown show, with Rick being dunked in the tank.

Do not misconstrue my vigor for Rick’s mishaps as hatred. Nothing could be further from the truth. I love Santelli. After all, without villains like Rick there wouldn’t be super-heroes– like Le Fly– to balance the scales.

Futures are through the fucking roof. It’s April, after all. Mergers are happening and traders are popping viagra and snorting cocaine off the back of their keyboards.

Off to drink a fucking vat of coffee.

Gentlemen of Extreme Measures: The Best Month of the Year Approaches

3,485 views

Historically, April is the best month of the year. Have a look at the data, courtesy of Exodus.
April

Let’s not mince words. Life is too short to be coy and pretend that we mean one thing, when in fact we mean another. I want the market to go up by 5% in April. Anything less than a 5% ramp will disappoint me. I intend to lighten up my exposure heading into May, since markets tend to get graped during the warmer climes of the year.

In the interim, “The Fly” will plot and scheme to catch his enemies in one giant snare and then execute them, in a favorable fashion according to medieval law.

I’ll do a seasonality post inside The PPT this week to highlight which stocks typically outperform in April. You will be surprised by some of the choices.

Gentlemen, we are going to make an extreme amount of money this April, a perversion of normalcy if I might be so bold. The volume of business we transact will surpass all previous highs, setting the stage for a most hedonistic summer.