A Quarter That Will Go Down In Infamy

Seeing this market give up yesterday’s gains is like watching a terrorist event unfold. We are destined, by the grace of God, to enjoy the spoils of QE. The first quarter of 2015 is officially over, and it was one giant circle jerk. I want MOAR spoils. Who would’ve known oil and gas stocks would lead the way, as everything else languished in flaccid hell, sans biotech?

I did.

My +15% gains for the quarter were built upon the backs of oil men, men who worked diligently in the fields of fossil to procure elements at horrifically low prices. For me, the biggest disappointment was HABT, which proved to be a waste of my time. I would’ve been better off with any other eatery, as retail and restaurant related names faired well.

Heading into Q2, I am expecting things to heat up a bit. As a matter of fact, I imagine Q2 to be a Tsar Bomba inside of a Jack in the Box, readying to pop out at any moment.

With regard to today’s trading action, I deeply regret buying BABA. It is a stupid stock and on the road to oblivion. It would’ve been nice to sell a little GRUB this morning, before its appalling reversal and subsequent  disappointment.

Bottom line: I cannot complain, as I am up more than most for the year. Nevertheless, the obtuse demeanor of the tape persists, something that has been in abundance for more than a year. With the effervescent melody of frustration, marked with periods of inelegant horror, one must wade through these times of relentless upheaval–the black mirror of opportunity.  This is a stock pickers market, one built to destroy amateurs. The path to success is finding companies with robust free cash flow. Any other method of research is simply a waste of time.