Reversal of Fortune

The festivities have been halted, if only for a short while. Although the Dow is down a mere 5 points, most stocks are getting man-slaughtered, particularly those tied to crude. As a point in fact, crude always gets smashed in January, yet here I am long an abundance of oil stocks. Aside from all of the talk and bravado, I am prepared to lose no more than 10% on this opening salvo. At the moment, I am down a staggering 0.64% for the year.

It’s important to put things into perspective on days like today. I’ve been spoiled with instant double digit gains for months now and find it tedious to absorb paper losses. Naturally, due to the over-bullish and confident environment we find ourselves in, should the bids dry up, there will be many pikers caught permanently in the net. Because of the company I am with (pikers), I will exercise extreme caution when trading this tape, which entails going to cash at a drop of a hat.

Today’s sell off is simply too anemic to scare me out, so I bought more. I started a position in JOSB, despite their low-end commercials annoying me to no end. Goldman owns a bunch and there is a large short positions: a recipe for a squeeze.

Into the bell, I am sitting on my hands, keeping faith in Reverend Bernanke’s holy hands to set this fucker on its proper course.

Amen.

“The Fly” is preparing for extreme winship, starting with wardrobe adjustments. Effective immediately, he has switched from the traditional “business costume” aka suit with tie to white robe with sandals. The incense is burning profusely and the ambrosia is flowing without restraint.

The first week of January is where the money is banked. While it’s true, people are giddy to the point of insanity. It’s also true that as long as the sun, moon and earth exist, stocks will trade higher.

My position is one that epitomizes win. Bet against me, small pedestrian, see where it gets you.

Top picks: OXY, WTI, MOTR

Anything you faggots can do, “The Fly” can do better. As much as I besmirch day traders / chart chomping ideologues, I can do that shit too, because I’ve done it before. Remember something, I am 34 years old now and have been investing since I was 10. That is not an exaggeration. I’ve tried every single method known to the investing world, some work, some don’t. As a result of my experiences, through trial and error, I developed my own system, which is elegantly produced for you via The PPT.

Inside The PPT, I use a wide variety of tools to pick stocks. At this point, all of my picks come from using the tools inside The PPT. In the past, I heavily relied upon OVERBOUGHT/OVERSOLD algorithms. However, since QE2, that shit doesn’t work too well. Wait, scratch that. Half of that shit works (OVERSOLD), since we go up in perpetuity. Since my VXX mess, I’ve developed new tools that digitize the technical analysis that you fuckers waste time on. With a click of a button, I am able to produce picture perfect setups, specifically stocks hovering above the 20 day moving average, volume breakouts etc.

Case in point: CHNG, EDMC, SCEI, OCZ and JST. All of those stocks were cherry picked, using specific screens and have performed exceptionally well.

The point of this post is not to whore my service as the motherfucker of all fuckers. Instead it is a message to those of you who do not adjust. The best athletes improvise, when they see an opportunity or a vulnerability in their course of action. Learn to adapt and quit being such losers.

On my first trading day of 2011, I was up 0.86%.

Freebie UPDATE: Here are the top ten ranked stocks by PPT:

1 FNSR
2 MIPS
3 QTM
4 WTI
5 ETM
6 ZAGG
7 WRES
8 AUDC
9 TQNT
10 AFSI

I made a full allocation this morning, adding the following names to the fucking portfolio (pardon the abrupt rashness of my tone)

FMC
JST
PH
CENX
MAS
AXL
GTE

Those names will be fine additions to my distinguished holdings in OXY, PWRD, MOTR, PWER, TTWO, RAS, BBRG, C, WTI, EXK, CHLN, FORM, TEVA, OCZ and CRIC. Clearly, as evidenced by my “big dicked” purchases, I am not fucking around. The cash position now stands at 11% aka “fully invested.” I will take your sell tickets and kindly place them in my drawer. There will be no selling, providing the sun and the moon still exist.

As you were.

Do not question why the market is up this morning. Just accept that this is the way it has to be, all dictated by Chairman Bernanke of course. Like organized religion, it takes a little bit of faith and a lot of crazy to fully believe. You can’t half ass it, with regards to your devotion to your human savior, Benjamin Bernanke. If you are going to be a member of his church, you need to fully commit yourself, like I have, and buy stocks with reckless abandon.

The January effect is fully “in effect” and the Federal Reserve will make sure it will be a memorable one.

Gather around, small plebs of America, and witness the spectacle better known as “the stock market” melt the fuck higher this week, to the amazement and chagrin of the “zero-hedged” bearshit crowd.

Into today’s tape, I am 52% cash. I will look to “correct” that mistake at the onset of trading today.

Top picks: OXY, CHLN, CRIC, PWRD

Biggest Large Cap losers:

1 PBR -20.2
2 CRH -20.75
3 BP -21.33
4 SWN -22.34
5 WDC -23.2
6 HK -23.86
7 MU -23.96
8 DB -26.53
9 DO -27.28
10 FBR -29.95
11 TNE -31.28
12 STD -31.99
13 APOL -34.8
14 BBVA -41.78
15 NBG -67.95

Losers, min market cap of 500mill

No. Ticker 1-year Return
1 STSA -69.29
2 NBG -67.95
3 IRE -65.4
4 MDVN -59.71
5 AONE -57.49
6 CSIQ -57.04
7 FAF -54.56
8 STP -51.89
9 DF -50.5
10 BPZ -49.79
11 SPWRA -45.86
12 ASIA -45.58
13 HRB -45.06
14 REV -42.15
15 BBVA -41.78
16 ART -41.23
17 RAD -41.06
18 HEV -40.22
19 PWRD -40.04
20 CRK -39.39
21 DYN -37.79
22 YGE -37.63
23 GAME -36.95
24 UEPS -36.75
25 JAG -36.28

Biggest Losers (ETFs)

No. Ticker 1-year Return
1 ZSL -79.48
2 VXX -72.48
3 DRV -71.81
4 TZA -68.62
5 MWN -62.08
6 LHB -60.52
7 ERY -59.88
8 EDZ -59.32
9 SMN -54.68
10 SKK -51.91
11 FAZ -51.62
12 SRS -51.57
13 TWM -50.46
14 SJH -49.08
15 SMK -48.67
16 BGZ -48.57
17 SDD -48.31
18 BXDD -46.91
19 SPXU -46.6
20 DPK -46.35
21 GLL -46.28
22 MZZ -46.22
23 SIJ -46.22
24 SDK -45.64
25 TYP -45.22

Biggest Winners (ETFs)

No. Ticker 1-year Return
1 AGQ 182.28
2 BAL 96.16
3 SLV 82.53
4 DBS 81.16
5 TNA 71.94
6 JO 65.37
7 MWJ 65.31
8 DRN 62.97
9 DGP 62.37
10 JJS 58.86
11 JJT 58.77
12 UYM 57.32
13 UKK 56.06
14 THD 53.69
15 IIH 52.61
16 MVV 52.44
17 CEF 50.69
18 UWM 50.6
19 SAA 49.48
20 ERX 48.5
21 URE 48.1
22 UVU 47.2
23 PXQ 46.43
24 UVT 45.94
25 ECH 45.15

Biggest Winners, min market cap of 100mill

No. Ticker 1-year Return
1 iBankCoin 10000%
2 SHZ 1054
3 CPWM 850.98
4 WNC 526.46
5 AMRN 473.43
6 HDY 472.41
7 WXCO 441.67
8 IDT 440.42
9 VHC 405.78
10 APKT 383.27
11 TGA 379.58
12 TCH 367.96
13 MHR 367.1
14 AAU 350.48
15 URRE 339.61
16 REE 312.63
17 KEM 306.72
18 FTK 303.73
19 CPE 296
20 ENTR 293.49
21 TPCG 292.26
22 URG 288.31
23 CRDC 275.86
24 AG 268.02
25 SURG 258.02

Biggest Large Cap Winners

No. Ticker 1-year Return
1 NFLX 218.97
2 LVS 207.23
3 RVBD 206.36
4 SIRI 171.67
5 ATML 167.35
6 LCAPA 162.02
7 SLW 159.92
8 HTWR 146.94
9 FFIV 145.76
10 ARMH 144.93
11 CMI 142.71
12 CMG 141.16
13 BIDU 135.29
14 TRW 120.85
15 BWA 117.79
16 VMW 109.7
17 MGA 107.75
18 ILMN 106.42
19 VRX 106.05
20 SWKS 101.9
21 CXO 95.1
22 ROVI 94.63
23 AIG 92.63
24 Q 92.44
25 CNH 91.27