BRACE YOURSELVES

The chinese “shadow banking system” is doing very poorly these days, according to the people who follow copper–pertaining to how it is used as collateral to leverage balance sheets to the maximum. Naturally, the communist state of “red China” will not bail out government controlled entities or help keep the shadow banking game going, despite planning to grow the economy at an exact 7.5% for the next 20 years.

You will have to pardon my cynicism on this joyous morning, ahead of what seems to be yet another buyable dip opportunity. Assuming the trend is lower, in the interim, we will have to wait for lower prices before committing new capital to the markets. I sold out of a few stocks yesterday, in order to free up buying power. I don’t have any cash on hand, per se, only buying power, utilizing the powers of leverage, also known as margin for you home gamers.

The first hour of trading should be ignored. Come back later and see if the market is cheap enough to buy. Having access to The PPT oversold signal will help on days like today.

Happy trading.

The magnanimous misfits from the “futures trading pits” have spoke loudly, in baritone tones: sell equities, for the end is near. The futures guys are some of the least educated people on Wall Street. On average, they have junior high school diplomas and 90% of them have criminal records. They spend their days losing money in the market. At night, they burgle the homes of investors.

I remember meeting one of these people long ago: a very strange man, clad in velcro sneakers and a suit that resembled polyester. He made himself out to be a big deal, always chatting about his exploits, throwing stupid futures slang talk around like a hooker in the Bronx spreads STDs. No one really cared about the futures. Real people of finance laugh at them, poke fun at the futures guy for having a bad job and a stupid brain.

So as I watch the futures decline, just know, it means absolutely nothing to me.

In summary, the futures guys remind of Hillary Clinton’s moon face: positively nonsensical– and at the same time– whimsically idiotic.

So now we’re all scared about “Chinese growth” or lack thereof. Because of it, we sell off the shares of FEYE, as if it were infecting people with late stage aids. Sure, the market sucks now because the Chinese accountants stopped hiding the losses. Since when did China mean anything to anyone? Give me a break.

Oh, are we scared about the UUUUUkraine now and how “the cold war” is back because Russia is moving around a few armored columns, straight out of 1983?

I got kicked in the nuts for 2.2% today. Meanwhile, back at the plantation, you misfits all made money. I am sure some of you will visit the site and smile, happy to see Señor Tropicana lose money. That is because, and only because, you’re crack smoking faggots.

God damn it, I know the stocks that I am buying are “overvalued” based on historical valuations. But since when, during history, has that mattered?

I remain steadfastly belligerent in my occupation to demolish those put forth in front of me. Off to the gym now, becoming harder to kill by the day.

Raising some cash from some non-core names. I kicked out GNC and some of my MA position.

The market looks weak, just like the Ukraine. All of the cool stocks are down, while the nerds are up. I stopped caring about where stocks trade, intra-day, like a thousand years ago. I’m not a degenerate day-trader, like the lot of you. I am willing, and more than able, to acquire more share, if indeed they trade lower. Do not feel the need to chastise me because of your own insecurities.

“The Fly” is zipping through the stratosphere in space rockets, reducing small cities to rubble.

I have to travel now, in regard to something so annoying I cannot mention it here, for fear I might lose my cool.

Looking into my crystal octagon, there is definitely some selling today.

I had narrowed my choices down to a handful of great companies, selling at a discount.

They were: ALNY, FEYE, CRTO, WDAY, FUEL, DATA, YY, YELP, SFUN and SPLK (I own it).

I chose WDAY and FEYE for two reasons.

1. When stocks do $100 rolls, like WDAY did, they tend to come back down to retest the hundo. More often than not, said stock will be at $150, instead of $90, per successful test. Earnings and growth rates are phenomenal and it is a hedge fund favorite. I am a buyer down here, despite owning it, originally, at $50.

2. FEYE is at the forefront of securing transactions for retards like TGT. The only reason why the stock got hit is due to a big secondary, priced at $82. I love to buy into stocks, post dilution. For one, there should be support around these prices and the fundamentals are terrific.

I don’t anticipate having to buy these stocks lower, as I feel my timing is impeccable on both ends.

I sold BBBY in order to raise some cash for a new position.

Alternative energy names, like PLUG, BLDP, CPST, SCON and FCEL, are the latest craze on Wall Street. This is a sector that was considered to be a joke, a laughing stock teetering on bankruptcy. Now it’s all the rage.

Before that, the shippers came back to life, eating the brains of short sellers from here to China. Before that the biotech sector surged and before that solar stocks skyrocketed, alongside Chinese burritos and education related names.

If there is one thing that is bankable in this market it is this:

ALL DEAD STOCKS COME BACK TO LIFE, LIKE ZOMBIES, TO AVENGE THEIR DEATHS UPON THE SKULLS OF THE SHORTS WHO KILLED THEM.

And that’s it folks. All you have to do, mind you, is isolate a sector that has been bludgeoned, position accordingly, and wait.

What’s next? Is anything still down?

LNG fuel plays: CLNE, WPRT

Steel and Iron: CLF, MTL, SIM, GGB, VALE

Retail: VSI, GNC, JCP, SHOS, TLYS, ARO, LULU, FRAN, AEO, URBN, ETH

Ag Chem: MOS, POT, SQM, IPI, AVD, TNH

Pawn Shops: EZPW, DLLR, CSH

Gold: GORO, RBY, SAND, KGC, AEM, AUY

Coal: ANR, ACI, BTU, WLT, YZC

Refiners: ALJ, DK, CVI, ALDW, CLMT, PBF

Residential Construction: HOV, MHO, KBH, GFA

REITs: MITT, CBL, O, DLR, AGNC, CCG, ACC, ARR, SBY

There you have it. All of those stocks are part of sectors that have underperformed, measurably, over the past year. Look for signs of resurgence and be careful of false breakouts, since most of the above names have been murderholes.

You people need to be ready, ready to throw down some dough at a drop of a hat. If you have some cash sitting idle, like some stupid market misfit, BRACE YOURSELVES and prepare for winship.

Over the past week or so, very high quality names have been selling off. On one hand, these are the sort of names that you’d buy for your kids, who would grow up to be spoiled brats with bloated trust funds. On the other hand, you could buy them for Granny– and if the market corrected– the financial hardship that these stocks would impose on her would be so severe, so treacherous, it’d literally kill her. So you need to find a happy middle ground.

Take me for example:

During my career, I’ve blown my personal account to smithereens a few times, without even thinking about it twice. I’d step into the market with a hairy chest and $50k worth of gambling dice, placing all of it on black. BAM, red hits and I’m out of dice. I’d walk away from the desk, then make another $50k to replace the unfortunate loss. This sort of sordid stock market tomfoolery will get you killed, God damn it! Gone are the days when I’d idly toss money into the fires, just to make my toes warm. Now’er days, I invest my personal account for the longer term. I cannot trade it because it distracts me from my job, to manage money, professionally, on a very high level, so high, most of you ball-juggalars can’t even see me.

Back to the subject at hand.

Here are some stocks, of very high quality, that have been selling off. I leave the timing and size of your prospective positions entirely up to your own caprices.

ALNY
ATHN
CNQR
DHI
FEYE
MKTO
CRTO
SALE
SCTY
SOHU
WDAY
MDVN
PCYC
FUEL
DATA
YY
YELP
SFUN
ECOM

All momentum stocks are being dismantled, with exception of a few choice names–IFON being one of them. My SALE is being treated like the fat girl at the end of the bar. It’s awfully reminiscent of how YELP was treated when it first IPOd.

Once again, this is an opportunity to get into some of the top performers, stocks like SPLK, FEYE, CRTO, YELP, as they come in.

What sort of risk appetite do you have? Is it ravenous or a slight tinge of hunger?

All I know is this: IFON is a $10 stock, masquerading at 4ish. All of my other stocks will be much higher too, especially EGRX and FLXN. Let’s not forget about EZPW, GNC, BBBY and MA. I remind you of my positions, even when they are down, to demonstrate–in real time–how winship develops.

As always…DEVELOP…