Is This Man Retarded?

Marc Faber, Dr. Doom and Gloom, just went on television and said the market wasn’t doing too good, in euro terms. See, the Dow is up 10%, but the euro is up 12%. Ergo, anyone from overseas who bought US stocks is down this year. See, we’re in a bear market, after all.

It’s one thing to talk shit when stocks are trending lower. Faber is famous for raking the coals, hoping to stir people to panic and cash in their investments, in exchange for farms and tractors. But it’s an entirely other things to regurgitate olde bear market songs at a time when markets are, indelibly, bullish and trending higher on a daily basis — amidst lows in volatility and grandeuer everywhere around us.

Men like this need to be stopped. His home should be raided, property repossessed, and he should be physically removed from society.

We all love record stock market levels. The market has been much better under Trump, for whatever reason, than Obama. I know people tend to believe quagmire is good for stocks. If that’s the case, what better quagmire could there be than a President who’s under investigation and is unable to pass anything through Congress?

In a sense, President Trump is the ultimate stock market weapon for the status quo. All of this is lathered thick with rich, delicious, irony, as Trump was supposed to be the candidate of change. Alas, six months into his Presidency and all we have to show for it are roll backs in some of Obama’s retarded regulations.

Nevertheless, the President needs to stop bragging about the records being achieved in markets, as that sort of rhetoric is bound to both curse and jinx us to hell.

FAANG stocks are down 1.47% on a median basis. Therefore, the NASDAQ is sharply lower. When 5 stocks comprise of $2.5 trillion in market cap, there isn’t much else that matters. Wealth has been st0ckpiled in a select few, chosen, corporations. Pretending that we live in a pure capitalistic society is utter nonsense, when anti-trust laws are virtually non-existent.

Year to date, oil and gas drillers are down 37%.

Department stores are down 31%.

Why are you buying these stocks?

Do you believe that, somehow, by miracle, your foray into the sector will market the turning point and you’ll end up grand, gay and rich?

Will people, all of a sudden, close their Amazon accounts and bicycle to their shopping mall to buy a build a bear and drink disgusting Starbucks coffee?

On that point, I ran a poll on Twitter yesterday, answered by over 350 people.

The results speak volumes as to the headwinds SBUX shareholders face. No one likes their coffee. This is not like McDonald’s, where low income people depend on their burgers to feed their families. No one ‘needs’ coffee. It is, essentially, a luxury item that is suffering from inverse corporatization.

Which coffee house do you prefer?

— The_Real_Fly (@The_Real_Fly) July 31, 2017

I don’t like much here, maybe gold. The dollar is weak again and everyone is on vacation. Trade lightly and steer clear of the murderholes.

I really wanted to write this one with tongue in cheek, agreeing with Fareed’s funny take on how the world works. Being anti-American is always cool — because losers hate winners. I’m sure most of you ball shiners were so triggered in High School, seeing the varsity sports players have all the fun (Le Fly was varsity baseball, star pitcher). But I couldn’t even pretend to agree with Fareed here, when the truth is oh so dreadfully insidious.

With over 800 military based worldwide, an economy of $20 trillion per annum, to suggest that America is ‘irrelevant’ is simply the thoughts of a childish person. See, people like Fareed aren’t stupid, they’re just immature babies, who use passive-agressive arguments to augment their weak talking points.

I get the left hates Trump and they like to promote wanton degeneracy as part of a larger scheme, embedded in eugenics, to break American and the west — but making up narratives based off idiotic polls defines fake news, Fareed. You should be ashamed of yourself.

The truth is hard. It doesn’t matter what people in Nigeria think, or the plebs in the filthy streets of Paris. The opinions of those in China and Japan, even Germany, are irrelevant. All that matters is who holds the purse.

The United States is the dollar reserve, which means we can do as we like, whenever we like. If anyone has a problem with this scenario, feel free to express your dismay to the U.S. military.

Hey, Gaddafi did (gold dinar). Here’s how that worked out for him.

Here’s his entire missive.

As far as Germany is concerned, it’s very nice to see the world is so fond of them, since we literally occupy the country and control their policies. They’re our proxies and have been since the end of WW2.

I was pleased to read this report by Bloomberg, highlighting Steve’s Wynn’s black swan loss at his Baccarat tables in Macau.

In an amazing twist of fate, a single junket operator in Macau cost Wynn’s casinos millions, what what Steve Wynn called the ‘most unique statistical anomaly in 50 years.’

The ‘black swan’ event occurred at Wynn’s $4.2b resort on Macau’s Cotai strip.

“The bottom fell out and all of the players won millions of dollars,” said the 75-year-old casino mogul.

In a system prevalent in that market, junket operators bring high rollers to the casinos, front them cash and set them up in private rooms. The casinos pay the operators a commission based on the amount their clients bet, and are on the hook for the gamblers’ winnings.

Let’s be clear, gambling is stealing, specifically targeting the lower to middle class by targeting their aspirational desires. This vice ruins nest-eggs, breaks up families, and only serves to enrich the casino operators.

Lo and behold, ironically, we have a casino operator in the White House now.

Here’s Steve Wynn describing his most unfortunate event, when the bottom fell out and all of the players won millions. It’s also worth mentioning, the smoking ban in Macau will be applied to all in 2019. At the present, there are casinos that are ‘grandfathered in’ and are allowed to permit people to acquire cancer whilst losing all of their money. This could be a big tailwind for the company in 2019. And, it’s worth noting, their Macau casinos have been plagued with major construction projects that have hurt the business. Once that is complete, WYNN should be stealing money faster than Russia steals emails.

Poor Steve. Statistically, baccarat offers gamblers the best chance of winning.

And here’s Steve bragging about fleecing foreign high rollers for $12 million over the weekend, just in case you thought the house was prepared to lose for an extended period of time.

Year to date, WYNN’s share price is +50%.

The grounds for war have been laid. You know it and I know it. The democrats have forced republicans into a small corner and have been scratching away at their fat faces since election night. For every action, there is is reaction — basic physics.

Rep. Gaetz and a few dozen other republicans are now calling for a special prosecutor to investigate the great and many crimes of the previous administration and Hillary Clinton.

Rep. Gaetz:

“The American public has a right to know the facts – all of them – surrounding the election and its aftermath,” they wrote. “We urge you to appoint a second special counsel to ensure these troubling, unanswered questions are not relegated to the dustbin of history.”

‘I don’t think that the crimes of the prior administration, of Hillary Clinton, the collusion with James Comey and Loretta Lynch should be forgotten just because Hillary Clinton lost the election’

Here is their 14 point request.

Allegations that former Attorney General Loretta Lynch instructed then-FBI Director James Comey to downplay the nature of the Clinton email probe

The FBI and DOJ’s decisions in the course of the email probe, including controversial immunity deals with Clinton aide Cheryl Mills and others

The State Department’s involvement in deciding which Clinton emails to make public

Disclosures in WikiLeaks-released emails regarding the Clinton Foundation and, according to the letter, “its potentially unlawful international dealings”

Connections between Clinton officials and “foreign entities” including Russia and Ukraine

Revelations in hacked Democratic National Committee emails about “inappropriate” coordination between the DNC and Clinton campaign against Bernie Sanders’ Democratic primary campaign

The “unmasking” of Americans in intelligence documents and potentially related leaks of classified information
Comey’s admitted leak of details of his conversations with President Trump

The FBI’s “reliance” on controversial firm Fusion GPS, which was involved in the questionable anti-Trump “dossier”

“Our call for a special counsel is not made lightly,” the lawmakers wrote. “We have no interest in engendering more bad feelings and less confidence in the process or governmental institutions by the American people. Rather, our call is made on their behalf. It is meant to determine whether the criminal prosecution of any individual is warranted based on the solemn obligation to follow the facts wherever they lead and applying the law to those facts.”

Rep. Gaetz tears into Clinton, Rice, Obama and the whole cabal — calling for an investigation into these matters.

And here is the Chair of the House Judiciary Committee, Rep. Goodlatte, discussing the hypocrisy of the left, wanting a Russian investigation but not one that pursues the truth in the sundry of apparent crimes committed by the previous administration and Hillary.

With AG Sessions under pressure to deliver, I would not be surprised to see dueling Special Counsels investigating both matters at the same time.

After careful consideration, Mr. 2 1/2 inch ribeye has decided to quit eating decaying animal flesh, and to instead sustain himself on a plant-based diet for the sake of ridicule.

Let me explain.

Some people turn to veggies because they don’t want to kill and eat animals.

I, on the other hand, couldn’t care less about animals. Kill them all. Have at it.

Others are concerned about health issues, becoming retarded in their later years, looking like sausage faces, etc.

I am immortal, have an IQ of 155, and couldn’t gain weight even if I ate nothing but chocolate cake for the rest of my life here on earth.

The reason why I’ve decided to quit meat is for the ability to gain the power to ridicule others, make them feel dreadful for killing baby cows and ripping into flesh with their teeth like savages. Plus, have you ever looked at a person’s fat face and said to yourself, ‘that’s a sausage face?’

When people greedily gorge themselves with meats, their entire visage takes on a look of sweaty, fat, decay. I do not intend to align myself with the sausage faces of the world, or bro-scientists who eschew reason for nonsensical literal caveman diet plans which entails eating sticks of butter for breakfast.

No, “The Fly” is much better than that and will now begin his quest into the wondrous and delirious world of vegetarianism.

Some of my previous diets included 150-200g of protein per day diet when bulking, low carb diet when cutting, no coffee for a year, gluten free/dairy free and now this.

Also, I will not partake in the consumption of dairy or egg yellows either. I might, every so often, nibble on an egg white or perhaps devour an oversized piece of chocolate cake that has both butter and milk in it. Again, my stated goal is to obtain power over others, via massive amounts of shaming and ridicule. Also, I’ve eaten enough steak and chicken for 5 human life spans. It’s time for a change lads, join me in a sausage free life. Put down that disgusting rib eye (cooked median rare, heavily salted and lightly peppered) in exchange for a piece of okra.

Let’s be clear about the firing of Reince Priebus. This was the most humiliating and excoriating firing in the history of America. Not only was he chewed out in a Bronx style chorus of expletives by newcomer Scaramucci, but, according to Howard Finerman’s inside sources, he was fired through the President’s twitter account.

Howard Finerman: Trump fired Priebus through Twitter. pic.twitter.com/MrTMxTyf1h

— The_Real_Fly (@The_Real_Fly) July 29, 2017

There’s no way Trump would do this, unless of course he knew Reince betrayed him. Even Howard Finerman admits that. Here’s the entire take.

Reince, of course, denies being the leaker and wishes everyone in the White House well and to receive bountiful amounts of God’s blessings.

If you’re wondering the type of man who will be replacing Reince, look no further than this video, where Gen. Kelly says leakers are guilty of treason.

He’s a marine corps General and will restore discipline to the White House, one way or another.

One day removed from Scaramucci’s public humiliation of Reince Priebus, he was fired on a Friday afternoon by the President, typical of any corporate setting. The theory behind Friday firings is that employees make less of a fuss, have the entire weekend to sob and work through their issues, and security can seamlessly escort them and their belongings out of a sparsely populated building, without making a scene.

Trump thanked Reince for his duty and gave him a little pat on the head. Nice try, kiddo.

I would like to thank Reince Priebus for his service and dedication to his country. We accomplished a lot together and I am proud of him!

— Donald J. Trump (@realDonaldTrump) July 28, 2017

Replacing Reince will be General John Kelly, who was the acting Secretary of Homeland Security.

I am pleased to inform you that I have just named General/Secretary John F Kelly as White House Chief of Staff. He is a Great American….

— Donald J. Trump (@realDonaldTrump) July 28, 2017

Without a doubt, Trump is preparing for war, surrounding himself with people who do not take prisoners.

Here’s Trump commenting on the matter, under the canopy of a fine umbrella.

This has the feeling of the heart and soul of America being up for grabs. Trump is certainly fighting a formidable and embedded foe.

The S&P closed flat for the week. It truly feels like the summer doldrums is upon us. There was hardly anything going on, aside from a rout in healthcare related stocks — thanks in large part to the menace of the ‘skinny bill.’

The biggest outperforms were in auto parts, retailers, and oil and gas — the who’s who of orphan sectors being sopped for dead cat bounce purposes.

I reshuffled my positions today and cleared them all out for larger cap holdings. Also, I sold out of TLT and added more GLD — which now amounts to 10% of my holdings.

FANNG stocks suffered a 1.6% drawdown, led lower by GOOGL. All things considered, there was nothing at all to be worried about or inspired over this week.

Until the market becomes interesting again, I’m afraid you’ll be stuck with a lot of political rantings by yours truly. I do enjoy a good shit-show.

Enjoy the weekend.