All of the losers are sprinting forward today. If you don’t believe, take a look at GDOT, JVA, VHC, ATPG, GSVC, MY etc. It’s the who’s who of the orphan stock rampage to the upside, no homo, no protein–just cocaine. If I was long JVA into today’s romp, I’d sell it 10 ways till Sunday.
Having said that, I’d like to sober you up (no Stocksage) through the visualization of THIS! (BEHOLD, MOTHERFUCKER)
You see that shit, hovering near all-time highs? That’s the Jakegint killer, bunker buster for his gold mines gone awry. What that should tell you is that big money is no longer interested in risk, so they are parking money in US treasuries because they are backed by the full faith and credit of the United Steaks of America. In other words, they don’t trust having money in the banks, past the FDIC limit, nor do they have any interest, whatsoever, in participating in the “Dogs of the Dow theorem.”
What these yields are suggesting, from a layman’s point of view, is another storm brewing on the horizon, something insidious and infectious that is going to destroy the very fabric of society. If your company isn’t built to last, it will fold.
You’ve been warned.
Fun fact: TLT has NEVER gone down in the month of August, in the 10 years publicly traded. The average return over the past 10 years, in August, is 4.22%. Over the past two years, TLT gained about 9% in August alone.
19 Responses to Crap Rising to the Top
Fuck it, I’m just gonna park all my cash in TLT and take a vay-cay during August.
Only miscreants and misfits ignore “smart money”.
ASAP rocky doesnt own any of the material he reps in that video. thats wassup
to your post-
all is lost, that is until ben decides to neutron bomb the bond market by driving real returns into negative territory. not that far from where they are today really.
another day another crisis, the sun still rises in the morning
Ah but records are made to be broken!
you are a hater… pls move out of the way or get impla’d
The move has been completed Thanks to the Mexican-Hebrews at the Shleppers Moving and Storage. Fly doesn’t know we are neighbors again and the Steve family will work out a surprise, although it was a close call over the weekend when I saw the Fly family pull into the Wawa and then again when he was yelling at the produce clerk about moldy Gouda cheese with wasabi at the Trader Joes on Highway 1 in Princeton.
Updates later about the dead deer carcasses found near Fly’s new wrought iron fence with spikes.
I can’t imagine the FLY or Mrs Fly shopping at a wawa. I imagined both at a more refined establishment
Wrong! Flat ass fucking wrong.
Well at least we own VXX if the crap flies out of the bowl.
Peek in on electric utilities ~ If you want to see some charts with sugar for you oversold dip buyers (as long as bonds yields stay this low)
Liking HDGE here, up 1.3% on a flat day, nice.
APPL up on a shit tape…back to pre-earnings..(well almost)…IPHONE 5 rumored to come sept 12…
Guessing the GSVC business remains as broken as FB. What’s Moe going to do?
You should add another favorite:
Short DMND. Chart remains superbly bearish.
Disclosure: short 23.2k shares @ 21.74.
Thanks for posting your position size, we are all impressed now by your half a million dollar short.
I went short a $TLT August 129-131 call spread this afternoon. Screw bonds and their seasonality.