I wrestled with the title of this post, since I’ve seen a lot of bad tapes. Despite being up 16% for the year, this is, by far, the worst tape I’ve ever seen, for a multitude of reasons. There are so many wild cards, cross currents, fuckery on a grande scale. It’s really hard to keep up. Bear in mind, I made all of my gains and more before the summer. Since then I’ve been spinning my wheels, getting clown-raped by Mother market.
There are no places to hide. Literally, aside from the mega cap standouts, almost every single sector has been shredded this year, even utilities.
Want to hide in REITs? Sorry, you’re fucked now because, umm, yields are going to 0.25%. There’s no way your 5% divvy can compete with that.
How about the awesome biotech/drug sector? Sorry, you’re fucked there too. See, drug companies have been taking advantage of people for the past 100 years. But since it’s an election year, they’re susceptible to political pressures and their share prices are no longer sacred cows.
Can you even dream about a scenario where retail was a safe bet? We all know the shopping mall is a centre for the deflationary vortex to chill, drink milkshakes, frappacinos, eat burritos.
You literally GET NOTHING, fucking around with this market for more than a week. Trends get broken before trades settle. The oil and gas sector, the steel sector, the copper sector, the natural gas sector, the coal sector, the motherfucking grocery stores, the solar sector, the 3-D moronic computer sector, LEDs are for the birds sector, the high end casual dining sector, the aluminum sector, even the hospital sector are black nothingness, whispers in the wind that lure people towards it for the intent and purpose of ruining them. The prices are lying to you. This is siege warfare and the Federal Reserve is outside our city with catapults, launching dead, diseased bodies, into our city–infecting its inhabitants with a zombie plague that is sure to kill us all.
NOTE: If you want to make sense of this mess, sign up for Option Addict’s 5 day iBC Conference Online. He’s one of the few people who’ve been seeing this mess and able to create art with it.
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Put all your money in Amzn and come back in ten years.
How about that move at the end of the day in SHAK!
Is this the new technology where fly’s blog gives you what you want depending on your worldview
I would insert laughingstock for worst but ok
This by far has been one of the toughest years I had the displeasure of suffering through. 2010 was tough but this is getting ridiculous. In the plus for the year mind you but since my Chippendale days I haven’t worked so hard for so little coin. But it doesn’t matter anyway – over here in Europe we’ll all be living in a fucking caliphate before Christmas. So with or without coin we are all royally screwed.
Bitchez, please, allow me to explain, in very simple terms, why the unexpected drop:
CAUSE I WENT FOOKING LONG, MOTHERFOOKERS!!
100% guaranteed to fook everyone, every…single…foooking…time.
The sun doesn’t revolve around your orbit.
Oh how I wish it didn’t. Trust me, I take no pleasure in getting raped like I do, every single time. And I don’t blame you for not believing me; no one ever does at first, until they see the power of my self-jinx. Guess who didn’t participate for the past month while it climbed and climbed, but finally joined long right before the pullback? Yours truly. And that’s just 1 of many, many examples. FX, S&P, individual stocks, doesn’t matter. I always get in right before the months long trend reverses. Fook Gartman; I’m a true life Mush from A Bronx Tale.
I might eventually make some coin, but my bad timing is perfect.
If your timing is so impeccable, then just tell us the next time you go long
Classic post on a tough day in an forgiving year.
Oops, make that an unforgiving year. Sheesh. Can’t even write properly today.
2015 tougher than 2014? 2014 was the worst I’ve ever seen.
Tell them Large Marge sent ya
Lol, +1
Nice post Senor …. I’m looking for a Mr. DevilDog
Look for a Dodge Viper with a smashed out front end.
I stayed the hell out until last month, couldn’t resist energy, made a basket of option trades that left me up almost 20%. Had exactly zero fun. I’m done, see you next year.