One of my favorite pastimes is reading old newspapers. The easiest ways to do this is via the NY Times archives, sting back to 1851, part of a monthly subscription plan (yes, I subscribe to the FAILING NY Times). I came across this article tonight and wanted to share it with you. I am fairly certain I am the first to cover the tragic ending of Wallace Scott, known as ‘Old Man Scott’ on Wall Street, in well over 100 years. But the lessons are as fresh and relevant today as they were in 1909 when he passed.
The author of the above column didn’t discuss how Mr. Scott made it on Wall Street, only how he fell into ruin. The circumstances of Scott’s failure weren’t all that notable. How many of you are familiar with the great panic of 1904?
People are often remembered by how they finished, not how they started — just like movies. It’s an odd juxtaposition, considering that most people are sentimental and often reminisce over the good times of yesteryear — yet are so quick to cement the character and lives of others by how they finished.
No one cares about your plight. Your rise to fortune are meaningless footnotes in time. As I write this, I know many of you trollops are taking outsized risks in the market and the reason for that is because you’re trying to get rich. If and when you fail, you’ll simply chalk it up to needing to risk money to make money. You’ll lie to your wives and loved one’s about the true nature of your failure, having “Old Man Scotted” yourselves into the poorhouse. But you know the true culprit, utter and extreme stupidity — a sordid blend of ignorance that makes people willfully ruin themselves at the altar of greed.
Let me be your conscience and a stark reminder that today’s success can easily morph into tomorrow’s failure.
Having said that, “The Fly” doesn’t intend to ever fail again, having done so once after the dot bomb era and have gone straight up ever since. I’m the MNCS.ob (old schoolers know) of this trading game, fully evolved at the highest levels — tier one gravity hammer wielding alpha-predator, defecating on subpar knuckle-dragging spit catchers for sport. Starting tomorrow, I’ll be tossing grenades at the market again, lacing fuckers up and knocking them out cold just to prove a point.
(NOTE: If I didn’t remind you, 99% of you would only remember this article by the vitriolic rant during the last paragraph, instead of the narrative woven in every paragraph that was laid before it. Point proven, QED).
Now that cryptocurrencies have been destroyed and deemed illegal in all of China, gold is in play here. Commiserate with my new appetite for wanton risk, I might take a position in a miner tomorrow.
Here is the 7 day chart of gold, presently higher by 0.86%. Currently, 5% of my assets is in GLD.
I’m thinking IAG or one of the laggards, like EGO, NSU or AUY. Either way, we must benefit off the death of all of those GIGANTIC FAGGOTS getting murdered in the bitfag holes.
More on this tomorrow, without question. I’m still leaning towards buying FIZZ, and maybe paired well with a GS short — because fuck Goldman.
I will not attempt to guess what Dr. Pie’s end game is here. All I can say, after watching him for more than a year, is that he revealed a shit-tonne of state secrets and not one media outlet covers him. It’s like he’s an underground deep-stater making press releases and people ignore him like he’s Alex Jones. Actually, to be fair, Alex Jones gets far more coverage than this guy, who personally took responsibility for leaking Hillary Clinton’s emails to Wikileaks, toppling the Soviet Union, claiming both 9/11 and Sandy Hook were false flags, and ‘putting Trump into office.’
In an interview with Infowars’ David Knight, Dr. Pie implied Trump would be removed and Pence would not take his place — which, ironically, is exactly what nut jobs like Louise Mensch have been saying for months.
I cannot begin to analyze what is taking place here, whether Dr. Pie is as important as he claims to be or not. However, I will say that the people who voted for Trump weren’t traditional GOPers, many of whom are beholden to the neocon strategy for war. His base are fervently anti-war and the escalation of the military industrial complex stands to lay waste to his most loyal supporters.
I was on my backyard deck a short while ago, peering into my expansive yard that I always place effort into each and every spring. It dawned on me that I hadn’t spent more than 10 minutes out there the entire summer, always busy with one thing or another. When I first bought the house, I was so excited to have the space. I even set up a badminton and cricket courts — in an effort to provide the kids with some outdoor activities at home. Since then, a gigantic trampoline has taken over, sparsely, if ever, used — which also serves to block out the hedges of trees I had planted 4 years ago. The cricket court was eaten up by illegal Mexicans riding fast atop lawnmowers — subjecting the remainder of the materials to collect dust in my garage.
I bought a picnic table this spring, something I was keen on buying and using. After purchasing it, I stained it to my liking and placed it under a gigantic maple tree in the yard, a tree that I intend to extract maple syrup from next spring. I toiled over the damned thing, made sure that it was covered and protected from the elements, tucked away neatly in a shaded spot rarely visited by the insects that sashay back there. I’ll have you know, I haven’t used the darn table the entire summer.
Needless to say, things don’t always work out as planned.
For those of you domiciled down south or at west, I imagine the end of summer has less of a finale feeling, since your weather will remain accommodative throughout the year. For us northerners, the beginning of fall is the nascency of decay. The turning of the leaves is represented by beauty, but it’s also a warning.
I’ve always viewed the end of summer, popularly celebrated on Labor Day (today), as a call to arms, a time of year when the real work is to begin — casting aside the superfluities of summer. In a sense, it has always meant promise to me too, since I was gearing up to greatly increase my income by ‘going to work’, steadfastly laboring during the harsh cold months of winter in the hopes it would yield a great harvest by summer.
Not to get too philosophical on a blog strewn with F-bombs and Trump memes, but life is about expectations and how we adjust to them, isn’t it?
At any rate, I hope you enjoy the balance of your day and cheers to a good summer and hopefully an even better fall and winter.
I grew up, educated by the Public School system in Brooklyn, taught to believe America was the beacon of truth, the good guys out to ensure that peace persisted throughout the world. But is that the truth, or propaganda?
This is indeed a hard pill to swallow for those of you still caught up in the fairy tale.
First, let’s look at Nikki Haley’s comments to the UN today, where she said N. Korea was in fact ‘begging for war.’
Here are the stats.
The United States has been at war in 224 of its 241 years existence — a 93% rate.
The US has never gone a decade without war. All American Presidents are considered ‘war time’ Presidents.
And here they are:
1776 – American Revolutionary War, Chickamagua Wars, Second Cherokee War, Pennamite-Yankee War
1777 – American Revolutionary War, Chickamauga Wars, Second Cherokee War, Pennamite-Yankee War
1778 – American Revolutionary War, Chickamauga Wars, Pennamite-Yankee War
1779 – American Revolutionary War, Chickamauga Wars, Pennamite-Yankee War
1780 – American Revolutionary War, Chickamauga Wars, Pennamite-Yankee War
1781 – American Revolutionary War, Chickamauga Wars, Pennamite-Yankee War
1782 – American Revolutionary War, Chickamauga Wars, Pennamite-Yankee War
1783 – American Revolutionary War, Chickamauga Wars, Pennamite-Yankee War
1784 – Chickamauga Wars, Pennamite-Yankee War, Oconee War
1785 – Chickamauga Wars, Northwest Indian War
1786 – Chickamauga Wars, Northwest Indian War
1787 – Chickamauga Wars, Northwest Indian War
1788 – Chickamauga Wars, Northwest Indian War
1789 – Chickamauga Wars, Northwest Indian War
1790 – Chickamauga Wars, Northwest Indian War
1791 – Chickamauga Wars, Northwest Indian War
1792 – Chickamauga Wars, Northwest Indian War
1793 – Chickamauga Wars, Northwest Indian War
1794 – Chickamauga Wars, Northwest Indian War
1795 – Northwest Indian War
1796 – No major war
1797 – No major war
1798 – Quasi-War
1799 – Quasi-War
1800 – Quasi-War
1801 – First Barbary War
1802 – First Barbary War
1803 – First Barbary War
1804 – First Barbary War
1805 – First Barbary War
1806 – Sabine Expedition
1807 – No major war
1808 – No major war
1809 – No major war
1810 – U.S. occupies Spanish-held West Florida
1811 – Tecumseh’s War
1812 – War of 1812, Tecumseh’s War, Seminole Wars, U.S. occupies Spanish-held Amelia Island and other parts of East Florida
1813 – War of 1812, Tecumseh’s War, Peoria War, Creek War, U.S. expands its territory in West Florida
1814 – War of 1812, Creek War, U.S. expands its territory in Florida, Anti-piracy war
1815 – War of 1812, Second Barbary War, Anti-piracy war
1816 – First Seminole War, Anti-piracy war
1817 – First Seminole War, Anti-piracy war
1818 – First Seminole War, Anti-piracy war
1819 – Yellowstone Expedition, Anti-piracy war
1820 – Yellowstone Expedition, Anti-piracy war
1821 – Anti-piracy war (see note above)
1822 – Anti-piracy war (see note above)
1823 – Anti-piracy war, Arikara War
1824 – Anti-piracy war
1825 – Yellowstone Expedition, Anti-piracy war
1826 – No major war
1827 – Winnebago War
1828 – No major war
1829 – No major war
1830 – No major war
1831 – Sac and Fox Indian War
1832 – Black Hawk War
1833 – Cherokee Indian War
1834 – Cherokee Indian War, Pawnee Indian Territory Campaign
1835 – Cherokee Indian War, Seminole Wars, Second Creek War
1836 – Cherokee Indian War, Seminole Wars, Second Creek War, Missouri-Iowa Border War
1837 – Cherokee Indian War, Seminole Wars, Second Creek War, Osage Indian War, Buckshot War
1838 – Cherokee Indian War, Seminole Wars, Buckshot War, Heatherly Indian War
1839 – Cherokee Indian War, Seminole Wars
1840 – Seminole Wars, U.S. naval forces invade Fiji Islands
1841 – Seminole Wars, U.S. naval forces invade McKean Island, Gilbert Islands, and Samoa
1842 – Seminole Wars
1843 – U.S. forces clash with Chinese, U.S. troops invade African coast
1844 – Texas-Indian Wars
1845 – Texas-Indian Wars
1846 – Mexican-American War, Texas-Indian Wars
1847 – Mexican-American War, Texas-Indian Wars
1848 – Mexican-American War, Texas-Indian Wars, Cayuse War
1849 – Texas-Indian Wars, Cayuse War, Southwest Indian Wars, Navajo Wars, Skirmish between 1st Cavalry and Indians
1850 – Texas-Indian Wars, Cayuse War, Southwest Indian Wars, Navajo Wars, Yuma War, California Indian Wars, Pitt River Expedition
1851 – Texas-Indian Wars, Cayuse War, Southwest Indian Wars, Navajo Wars, Apache Wars, Yuma War, Utah Indian Wars, California Indian Wars
1852 – Texas-Indian Wars, Cayuse War, Southwest Indian Wars, Navajo Wars, Yuma War, Utah Indian Wars, California Indian Wars
1853 – Texas-Indian Wars, Cayuse War, Southwest Indian Wars, Navajo Wars, Yuma War, Utah Indian Wars, Walker War, California Indian Wars
1854 – Texas-Indian Wars, Cayuse War, Southwest Indian Wars, Navajo Wars, Apache Wars, California Indian Wars, Skirmish between 1st Cavalry and Indians
1855 – Seminole Wars, Texas-Indian Wars, Cayuse War, Southwest Indian Wars, Navajo Wars, Apache Wars, California Indian Wars, Yakima War, Winnas Expedition, Klickitat War, Puget Sound War, Rogue River Wars, U.S. forces invade Fiji Islands and Uruguay
1856 – Seminole Wars, Texas-Indian Wars, Southwest Indian Wars, Navajo Wars, California Indian Wars, Puget Sound War, Rogue River Wars, Tintic War
1857 – Seminole Wars, Texas-Indian Wars, Southwest Indian Wars, Navajo Wars, California Indian Wars, Utah War, Conflict in Nicaragua
1858 – Seminole Wars, Texas-Indian Wars, Southwest Indian Wars, Navajo Wars, Mohave War, California Indian Wars, Spokane-Coeur d’Alene-Paloos War, Utah War, U.S. forces invade Fiji Islands and Uruguay
1859 Texas-Indian Wars, Southwest Indian Wars, Navajo Wars, California Indian Wars, Pecos Expedition, Antelope Hills Expedition, Bear River Expedition, John Brown’s raid, U.S. forces launch attack against Paraguay, U.S. forces invade Mexico
1860 – Texas-Indian Wars, Southwest Indian Wars, Navajo Wars, Apache Wars, California Indian Wars, Paiute War, Kiowa-Comanche War
1861 – American Civil War, Texas-Indian Wars, Southwest Indian Wars, Navajo Wars, Apache Wars, California Indian Wars, Cheyenne Campaign
1862 – American Civil War, Texas-Indian Wars, Southwest Indian Wars, Navajo Wars, Apache Wars, California Indian Wars, Cheyenne Campaign, Dakota War of 1862,
1863 – American Civil War, Texas-Indian Wars, Southwest Indian Wars, Navajo Wars, Apache Wars, California Indian Wars, Cheyenne Campaign, Colorado War, Goshute War
1864 – American Civil War, Texas-Indian Wars, Navajo Wars, Apache Wars, California Indian Wars, Cheyenne Campaign, Colorado War, Snake War
1865 – American Civil War, Texas-Indian Wars, Navajo Wars, Apache Wars, California Indian Wars, Colorado War, Snake War, Utah’s Black Hawk War
1866 – Texas-Indian Wars, Navajo Wars, Apache Wars, California Indian Wars, Skirmish between 1st Cavalry and Indians, Snake War, Utah’s Black Hawk War, Red Cloud’s War, Franklin County War, U.S. invades Mexico, Conflict with China
1867 – Texas-Indian Wars, Long Walk of the Navajo, Apache Wars, Skirmish between 1st Cavalry and Indians, Snake War, Utah’s Black Hawk War, Red Cloud’s War, Comanche Wars, Franklin County War, U.S. troops occupy Nicaragua and attack Taiwan
1868 – Texas-Indian Wars, Long Walk of the Navajo, Apache Wars, Skirmish between 1st Cavalry and Indians, Snake War, Utah’s Black Hawk War, Red Cloud’s War, Comanche Wars, Battle of Washita River, Franklin County War
1869 – Texas-Indian Wars, Apache Wars, Skirmish between 1st Cavalry and Indians, Utah’s Black Hawk War, Comanche Wars, Franklin County War
1870 – Texas-Indian Wars, Apache Wars, Skirmish between 1st Cavalry and Indians, Utah’s Black Hawk War, Comanche Wars, Franklin County War
1871 – Texas-Indian Wars, Apache Wars, Skirmish between 1st Cavalry and Indians, Utah’s Black Hawk War, Comanche Wars, Franklin County War, Kingsley Cave Massacre, U.S. forces invade Korea
1872 – Texas-Indian Wars, Apache Wars, Utah’s Black Hawk War, Comanche Wars, Modoc War, Franklin County War
1873 – Texas-Indian Wars, Comanche Wars, Modoc War, Apache Wars, Cypress Hills Massacre, U.S. forces invade Mexico
1874 – Texas-Indian Wars, Comanche Wars, Red River War, Mason County War, U.S. forces invade Mexico
1875 – Conflict in Mexico, Texas-Indian Wars, Comanche Wars, Eastern Nevada, Mason County War, Colfax County War, U.S. forces invade Mexico
1876 – Texas-Indian Wars, Black Hills War, Mason County War, U.S. forces invade Mexico
1877 – Texas-Indian Wars, Skirmish between 1st Cavalry and Indians, Black Hills War, Nez Perce War, Mason County War, Lincoln County War, San Elizario Salt War, U.S. forces invade Mexico
1878 – Paiute Indian conflict, Bannock War, Cheyenne War, Lincoln County War, U.S. forces invade Mexico
1879 – Cheyenne War, Sheepeater Indian War, White River War, U.S. forces invade Mexico
1880 – U.S. forces invade Mexico
1881 – U.S. forces invade Mexico
1882 – U.S. forces invade Mexico
1883 – U.S. forces invade Mexico
1884 – U.S. forces invade Mexico
1885 – Apache Wars, Eastern Nevada Expedition, U.S. forces invade Mexico
1886 – Apache Wars, Pleasant Valley War, U.S. forces invade Mexico
1887 – U.S. forces invade Mexico
1888 – U.S. show of force against Haiti, U.S. forces invade Mexico
1889 – U.S. forces invade Mexico
1890 – Sioux Indian War, Skirmish between 1st Cavalry and Indians, Ghost Dance War, Wounded Knee, U.S. forces invade Mexico
1891 – Sioux Indian War, Ghost Dance War, U.S. forces invade Mexico
1892 – Johnson County War, U.S. forces invade Mexico
1893 – U.S. forces invade Mexico and Hawaii
1894 – U.S. forces invade Mexico
1895 – U.S. forces invade Mexico, Bannock Indian Disturbances
1896 – U.S. forces invade Mexico
1897 – No major war
1898 – Spanish-American War, Battle of Leech Lake, Chippewa Indian Disturbances
1899 – Philippine-American War, Banana Wars
1900 – Philippine-American War, Banana Wars
1901 – Philippine-American War, Banana Wars
1902 – Philippine-American War, Banana Wars
1903 – Philippine-American War, Banana Wars
1904 – Philippine-American War, Banana Wars
1905 – Philippine-American War, Banana Wars
1906 – Philippine-American War, Banana Wars
1907 – Philippine-American War, Banana Wars
1908 – Philippine-American War, Banana Wars
1909 – Philippine-American War, Banana Wars
1910 – Philippine-American War, Banana Wars
1911 – Philippine-American War, Banana Wars
1912 – Philippine-American War, Banana Wars
1913 – Philippine-American War, Banana Wars, New Mexico Navajo War
1914 – Banana Wars, U.S. invades Mexico
1915 – Banana Wars, U.S. invades Mexico, Colorado Paiute War
1916 – Banana Wars, U.S. invades Mexico
1917 – Banana Wars, World War I, U.S. invades Mexico
1918 – Banana Wars, World War I, U.S invades Mexico
1919 – Banana Wars, U.S. invades Mexico
1920 – Banana Wars
1921 – Banana Wars
1922 – Banana Wars
1923 – Banana Wars, Posey War
1924 – Banana Wars
1925 – Banana Wars
1926 – Banana Wars
1927 – Banana Wars
1928 – Banana Wars
1930 – Banana Wars
1931 – Banana Wars
1932 – Banana Wars
1933 – Banana Wars
1934 – Banana Wars
1935 – No major war
1936 – No major war
1937 – No major war
1938 – No major war
1939 – No major war
1940 – No major war
1941 – World War II
1942 – World War II
1943 – Wold War II
1944 – World War II
1945 – World War II
1946 – Cold War (U.S. occupies the Philippines and South Korea)
1947 – Cold War (U.S. occupies South Korea, U.S. forces land in Greece to fight Communists)
1948 – Cold War (U.S. forces aid Chinese Nationalist Party against Communists)
1949 – Cold War (U.S. forces aid Chinese Nationalist Party against Communists)
1950 – Korean War, Jayuga Uprising
1951 – Korean War
1952 – Korean War
1953 – Korean War
1954 – Covert War in Guatemala
1955 – Vietnam War
1956 – Vietnam War
1957 – Vietnam War
1958 – Vietnam War
1959 – Vietnam War, Conflict in Haiti
1960 – Vietam War
1961 – Vietnam War
1962 – Vietnam War, Cold War (Cuban Missile Crisis; U.S. marines fight Communists in Thailand)
1963 – Vietnam War
1964 – Vietnam War
1965 – Vietnam War, U.S. occupation of Dominican Republic
1966 – Vietnam War, U.S. occupation of Dominican Republic
1967 – Vietnam War
1968 – Vietnam War
1969 – Vietnam War
1970 – Vietnam War
1971 – Vietnam War
1972 – Vietnam War
1973 – Vietnam War, U.S. aids Israel in Yom Kippur War
1974 – Vietnam War
1975 – Vietnam War
1976 – No major war
1977 – No major war
1978 – No major war
1979 – Cold War (CIA proxy war in Afghanistan)
1980 – Cold War (CIA proxy war in Afghanistan)
1981 – Cold War (CIA proxy war in Afghanistan and Nicaragua), First Gulf of Sidra Incident
1982 – Cold War (CIA proxy war in Afghanistan and Nicaragua), Conflict in Lebanon
1983 – Cold War (Invasion of Grenada, CIA proxy war in Afghanistan and Nicaragua), Conflict in Lebanon
1984 – Cold War (CIA proxy war in Afghanistan and Nicaragua), Conflict in Persian Gulf
1985 – Cold War (CIA proxy war in Afghanistan and Nicaragua)
1986 – Cold War (CIA proxy war in Afghanistan and Nicaragua)
1987 – Conflict in Persian Gulf
1988 – Conflict in Persian Gulf, U.S. occupation of Panama
1989 – Second Gulf of Sidra Incident, U.S. occupation of Panama, Conflict in Philippines
1990 – First Gulf War, U.S. occupation of Panama
1991 – First Gulf War
1992 – Conflict in Iraq
1993 – Conflict in Iraq
1994 – Conflict in Iraq, U.S. invades Haiti
1995 – Conflict in Iraq, U.S. invades Haiti, NATO bombing of Bosnia and Herzegovina
1996 – Conflict in Iraq
1997 – No major war
1998 – Bombing of Iraq, Missile strikes against Afghanistan and Sudan
1999 – Kosovo War
2000 – No major war
2001 – War on Terror in Afghanistan
2002 – War on Terror in Afghanistan and Yemen
2003 – War on Terror in Afghanistan, and Iraq
2004 – War on Terror in Afghanistan, Iraq, Pakistan, and Yemen
2005 – War on Terror in Afghanistan, Iraq, Pakistan, and Yemen
2006 – War on Terror in Afghanistan, Iraq, Pakistan, and Yemen
2007 – War on Terror in Afghanistan, Iraq, Pakistan, Somalia, and Yemen
2008 – War on Terror in Afghanistan, Iraq, Pakistan, and Yemen
2009 – War on Terror in Afghanistan, Iraq, Pakistan, and Yemen
2010 – War on Terror in Afghanistan, Iraq, Pakistan, and Yemen
2011 – War on Terror in Afghanistan, Iraq, Pakistan, Somalia, and Yemen; Conflict in Libya (Libyan Civil War)
2012 – War on Terror in Afghanistan, Iraq, Somalia, Syria and Yemen
2013 – War on Terror in Afghanistan, Iraq, Somalia, Syria and Yemen
2014 – War on Terror in Afghanistan, Iraq, Somalia, Syria and Yemen; Civil War in Ukraine
2015 – War on Terror in Somalia, Somalia, Syria and Yemen; Civil War in Ukraine
2016 – War on Terror in Syria, Iraq, Yemen
2017 – N. Korea sabre rattling (possible war?)
Now explain how America is a peace loving country again?
I covered this topic back in June and warned you this could happen. Plain and simple: the ICO market is a flat out scam. Our pussified regulators at the SEC are too busy going after penny stock operators and stock brokers trading options off insider tips than to go after this industry that is brazenly befitted by outright fraud, yet supported by the powerful VC community and the con artists who profit from it.
China doesn’t have any allegiances to the VCs; ergo, off with their heads.
Caixin is reporting that ICOs are an ‘unauthorized fundraising tool’, a scam that has been banned by the country’s internet finance committee.
Source: CNBC
Seven government administrations including the People’s Bank of China, China Securities Regulatory Commission, China Banking Regulatory Commission and China Insurance Regulatory Commission issued a joint statement where they reiterated that ICOs are unauthorized illegal fund raising activity.
The statement said authorities are banning all organizations and individuals from raising funds through ICO activities and that all banks and financial institutions should not do any business related to ICO trading.
Organizations and individuals that have completed fundraising through ICOs should make relevant arrangement to return funds, in order to protect the interests of investors and properly deal with risks.
The statement added that enhanced management is needed on digital coin fundraising platforms.
The subsequent result of this news is a woefully fucked up market for Ethereum, since that’s what this entire ‘blockchain’ horseshit is based on — down 13% over the past 24hrs.
Here are the largest cryptocurrencies, all of which are diving.
H Shares, a meaningless ICO with big plans for China and Hong Kong is down more than 55%, yet still possesses a market cap upwards of $300m. I suppose the Chinese people who purchased H Shares in the hopes of conducting a little money laundering are having second thoughts — NOW THAT IT’S FUCKING BANNED.
I just got out of the shower, after languishing on the couch for a few hours, watching my eldest play a video game. He’s actually playing Romance of the Three Kingdoms, part IX — a game I used to play 15 years ago. I never got into the shooter games, aside from a brief period whence I took to the Halo game with my gravity hammer. As a young boy and man child in my 20s, I preferred strategy games. That’s how my mind works.
Speaking of which, I’ve decided to start investing with my balls again — setting up a small personal fund to partake in grand exhibitions like we used to do around these parts. Truth be told, every since I quit managing money, emotionally, I haven’t been obsessed with stocks like I used to. Many of you shitheads out there know it and have called me out on it. After 20 years in the business of killing myself trading stocks, losing my hair and my fucking sanity, I needed a respite.
I’ll still do the Exodus inspired automated portfolio management on a weekly basis. Quit frankly, that’s the future of our business and you know it. Alas, I need to have a little fun in this market place, with spirit. Fall is coming and Trump is a god damned animal driving a train, heading for a brick wall filled with plutonium. I want to partake in the volatility on a level that will satisfy my savage desires.
How would this new approach look?
I’m thinking along the lines of swing trading, maybe some day trades, based off news and good olde intuition. I cannot recreate the magic we once had here again — but I can certainly provide enough testosterone infused lambasting that will create new memories of when we were middled aged and stupid and made fun of CEOs and then shorted their stocks. Perhaps we will make fun of Bill Ackman again and go long his shorts, or even write open letters to some fucktard executive who dares to get in our way of greatness.
All are invited to this new chapter, even my friends in ANTIFA.
What I expect from you are ideas. Give me your best stories. I will look into them and maybe act upon the advice provided to me by the shadows in my urinal (inside joke for old schoolers).
For starters, I am thinking about buying FIZZ. Why? Well, I hate FIZZ because I missed out on the whole La Croix nonsense and it makes me mad every time I see their cans littering my stores. Therefore, the correct play here would be to go Constanza, the exact opposite of what I want to do, and then chide Coca Cola and Pepsi into acquiring the company — calling out their shit-cans filled with junk and how FIZZ is superior to them on every level imaginable. To be sincere with you here, both KO and PEP dropped the ball BIG TIME by not buying MNST years ago. If they miss out on FIZZ, their C-level executives should all be executed in the public square.
I spent the weekend entertaining my sister and nephew, sauntering about town, partaking in gross levels of hedonism — eating and drinking, quite superficially, and laughing in a very capricious manner. So you know, “The Fly” doesn’t like to laugh — he merely chuckles, vaguely, and only when it’s suitable to put down his smoking pipe.
Dinner was served in Brooklyn, NY tonight, in a locale reminiscent of the bar featured in Goodfellas, festooned with relics of yesterday, older Italian men drinking espresso with coffee beans in it, lemon peels, and ample amounts of Sambucca. Having been raised in an Italian household, mainly by my grandfather, this was a very familiar scene for me — harkening to a day when men would open Johnny pumps in the street so that kids could cool off in the summer heat.
My nephew, ironically, noticed the lack of gender neutral bathrooms at this establishment, suggesting that perhaps it was a ‘regressive’ place filled with ‘white supremacists.’
Labor Day is upon us and it has been a long summer of nothingness, shit talking, and gratuitous comedy by fucktards in the comments section. Need I remind you little shits, you’re not the counter-culture, but whores of Babylon, mind-controlled cogs in the wheel of evil that will be cracked asunder, under the weight of freedom?
Yes, indeud — your day of reckoning is coming and when it does, I will be presiding over your dead body, dousing your corpse with gasoline — tossing matches at your recalcitrant face.
Following up with N. Korea’s alleged hydrogen bomb test, President Trump tweeted he was conferring with General Mattis and contemplating ‘stopping all trade’ with countries doing business with N. Korea.
The United States is considering, in addition to other options, stopping all trade with any country doing business with North Korea.
According to recent statistics by the OEC, N. Korea’s main export is coal. Their top trading partners are China ($2.34b) and India ($93m).
Their top import partners are China ($2.95b), India ($108m), Russia ($78m) Thailand ($73m) and Philippines ($53m).
Clearly, this is Trump menacing China again. Thus far, he’s been unsuccessful in addressing China’s rapery of the United States in trade, so he’s moving the issue over to national security. Last year, the United States recorded $462b in imports with China and only $115b in exports, producing a trade deficit of $347b. Naturally, much of the deficit were the result of US companies producing goods cheaply overseas and then importing them back into the US, a la Apple.
In the past, a statement like this from the President of the United States would have a profound effect on markets. However, with Trump, this will likely fall under the category ‘the boy who cried wolf’, sending markets to new record highs.
I like doing these audits because it provides me with a bird’s eye view of what is going on in the market. The criteria for this screen is as follows: market cap above $250m, quarterly revenue growth above 15%, YTD return above 20%, sorted by sector.
