TLT was up today; therefore, it goes without saying, I am not a buyer. A dark cloud looms over this market, as it has done over and over since 2001. Playing the earnings game is nothing more than a gamble. Who would have known RVBD would skyrocket on  earnings?

The biggest money is in bonds. And they aren’t salivating over seemingly cheap PE multiples, just yet. I am sure the Fed will look to do another round of QE in August. That’s all fine and  dandy. But what’s going to make stocks go up in the long haul?

We’ve become slaves to manipulation, co-signers of corruption and theft.

I kicked out of RFMD, since it wasn’t central to my thesis. It was a bad pick.Other than that, I did nothing more than spectate in a heavy cash position of 32% and another 10% in VXX. In light of the recent pullback in VHC, I am pondering about starting a new position there; depending on my mood and the market, it shall be executed over the next few trading sessions.