Last Chance to Book Those Losses

Since oil is trading like a convoy, meaning all stocks behaving as one, I expect investors will book losses these last few days of the year and simply buy another like-minded oil stock. For example, if you own COP and have a loss, book it and then buy CVX.

We can talk stocks if you want to, throw out some top ideas for 2015 and waste time. But let’s talk about something important.

NORTH KOREA DIDN’T HACK SONY?!!! Really?

That’s the news. Is it possible that our Grandest of Presidents had bad intel heading into his press conference, where he read off the teleprompter that the bedeviled North Koreans can menace its neighbors with nuclear apocalypse but NEVER, EVER fuck with Hollywood? Frankly, it’s pathetic how influential those dick-grabbers in Hollywood are these days. Back in the old days, Hollywood was relegated to being considered a freak show of sorts, where people would point and laugh at, but never take seriously. Nonetheless, I do not like ‘Golden Age’ thinking and realize ALL PREVIOUS generations to my own was and is inferior on every level, sans bravery. Then again, I invite you to spend 100-1,0000 spare hours reading old newspapers, like me, and learn about how the ‘greatest generation’ during World War 2 were considered to be a bunch of nebulous lazy clam fuckers.

War changes people. In this case, it changed an entire country.

Oil is 100% gay and oil stocks should be taken with a grain of salt. What I mean by that is oil should be in everyone’s portfolio, but to a much lesser degree than before the collapse. At some point, oil will stop going lower and these stocks are going to forklift higher. You’re gonna want to be long for that. Trust in that.

In the meantime, biotech and retail sensitive names are overweight in every growth/momo portfolio now.