I’ve been working on this for quite some time and have finally made it happen. Thanks to the tireless efforts of Cypress North, Sharpe ratios have been added to the system. In the event you do not know what a Sharpe score is, fuck off or read this.
All baskets and screens have been festooned with these scores. We’ve got the 252 daily, 12 monthly and 12 weekly listed. We can add more on demand. The purpose of the Sharpe is to assess your work and to ensure you’re not being retarded and to set a course for a higher quality risk free return. We can do this on a stock level or on a portfolio level, which is of the utmost importance when creating investment strategies.
“Ask the working people in Ohio, Pennsylvania and Michigan about Wall Street. Wall Street supported and cheered on the export of their jobs. To hell with Wall Street if they don’t like it. Its time somebody stood up to them and Donald Trump is the perfect guy. Wall Street is always short term. Trump is trying to protect the beating heart of American capitalism — our innovation,” he told Reuters in a telephone interview.
Bannon, who maintains ties to the White House, said Trump’s recent moves to impose tariffs are a signal to the Chinese that “the game of continual delay is over” and that they will have to address the central issue of forced technology transfers.
And Fuck China.
“It’s full throwdown. Trump has planned this out for a long time. He led with the smart things, forced technology transfers. It’s obvious the Chinese have no real response to this. I think they played completely into his hands. By putting tariffs on agricultural products and avoiding addressing the technology questions they’ve shown once again they consider us nothing more than a tributary state.”
“This is the beating heart of American capitalism: Technology innovation that the Chinese have either stolen or forced American companies to turn over. Trump has signaled that those days are over,” he said.
Please provide a written rebuttal, no less than 200 words. Go.
All war is good for stocks, even the type that is designed to quite literally destroy life and fortunes. It is a perilous and nonsensical thing to head out there and short stocks — betting against a rigged match that will leave you armiess and woefully without legs.
Dear friends,
I write to you from the shackles of a car which is on fire, filled with dynamite stocks — destined for a wall. My inverse ETFs have given way to animal spirits and are now drowning me in the dark amber of my hubris. The flowery notes of spring are circulating throughout the air and people are out hop-skotching around — dressed in blue and drinking spirits.
My black soul and heart were not built for these times. I should’ve been born and raised during the Great Depression, an era of oppression and starvation — calamitous stock market crashes and war.
Over in Exodus, the Bubble Basket has bounced hard with the overall market — meaning the riskiest of stocks are what’s leading this surge. My Quant account is up a stately 0.8% for the day, up nearly 4% for the year. All that is good is represented in today’s mind numbing rally. We defied all the odds. We looked the Orange Gorilla into his big blue eyes and said ‘we will not succumb to your fucked up ways and we will ignore your deleterious policies which make us sad. We are a fat faced, soy eating, people, all very bold and gay — activists, and peaceful niks, whose purpose is to provide the chaff of society a better existence, via our warlike policies which ravage and rip apart countries from crown to foot, all the while we embrace you with our open borders and abortion clinics, to provide you way of life inside one of our many housing developments, which are filled with a diversity of criminal activities that will mold you into a strong and fat person, destined for a long life of hatred and bleakness — the hallmarks of America.
For the second consecutive day, Le Fly, in all of his infinite wisdom, set out to defecate on stocks. Yesterday I ventured out and bought some QID — thinking the Nasdaq was bound to vomit. Then news came out that Trump was merely joking about Amazon and that all was well, truly, and people bought stocks. They bought them with vigor.
My face was subsequently ripped from my skull and I endured the rest of the day living off the memories of better times.
Then today came around and China’s retaliation against the United States tilted markets sideways and out. People were jumping off bridges and windows, windows, and into tunnels on the news. To be honest, it looked like the end of the world. Then Kudlow came out and said there was a pot of gold at the end of the trade war rainbow and people ate it up. They ventured out into the cold misty morning and bought equities with grace and zeal. Just before that happened, Le Fly, smartly, bought FXP — exclaiming “FUCK CHINA” after he’d done so — because his mind defaults to violence, an unfortunate side effect of hailing from a bloodline of middled class factory workers, bus drivers, and criminals.
Now everything I want is lost. The halcyon days of -500 Dow’d points is a memory, a faint whisper on the lips of gigantic orange gorillas. One is permitted to dream still, correct? Or is that too forbidden and considered an act of violence?
I stand before you a mixed man — one long a pastiche of small cap equities via Exodus Quant and doing well. The other is my tactical trading account, a farce, now long LEDS, ERY, QID, FXP and another stock too embarrassing to mention.
‘Blame China’, says increasingly nervous unapologetic globalist who is now stationed inside the White House for the purposes of making Emperor Trump feel good about himself.
Here’s Larry Kudlow bending his views on trade for Trump, blaming China for their egregious trading actions which have stolen trillions from the United Steaks over the years. But he also said there’s a pot of gold at the end of this horrible rainbow, one that might appeal to some of my Irish readers out there. Why, you might want to dress in green and run towards that rainbow and search for it. Good luck.
Market losses have been cut in half, now down just 250.
Markets have traded +200 from the open — because buying dips is an American past time. Let’s put things into perspective.
The trade war doesn’t officially begin until after May. China is giving talks a chance before starving their 700 million pigs to death by raising tariffs on our soybeans. With that in mind, much of the news flow now is rhetoric, scare tactics, and positioning ahead of talks.
However, there is a certain flair to Trump’s recent tweet storms and they’re overtly anti-globalist — which is what markets feared during the elections. The original assumption was a Trump administration could ruin foreign trade and disrupt the status quo. It appears he’s trying to do that now.
My sense, this is head fake and the Trump tweet storms are gaining steam, targeting all of his enemies which were dutifully described during his campaign. You’d be wise to raise cash, hedge, and wait this out.
Don’t worry, the President just tweeted we are not in a trade war.
We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now we have a Trade Deficit of $500 Billion a year, with Intellectual Property Theft of another $300 Billion. We cannot let this continue!
China announced additional tariffs on 106 U.S. products on Wednesday, in a move likely to heighten global concerns of a tit-for-tat trade war between the world’s biggest economies.
The effective start date for the new charges was not announced, though China’s Ministry of Commerce said the tariffs are designed to target up to $50 billion of U.S. products annually.
The 25 percent levy on U.S. imports includes products such as soybeans, cars and whiskey.
On that news, futs have been buried — off by more than 500.
Gold is +1%, WTI -1.5%, Copper -2.5%, and BTC -4.5%.
Commerce Sec. Wilbur Ross had this to say.
Commerce Secretary Wilbur Ross CNBC Interview (see 6:00 SPY comment for complete breakdown of US and China tariffs) (46.93)
Says he agrees with President Trump’s tweet earlier (see 7:24); says when we are losing $500 bln a year on trade, this is not a war we can lose.
Says China tariffs amount to 0.3% of US GDP; proportional to US tariffs.
Says hopeful that outcome is a negotiation with China; can’t say if it will happen before late May.
Says this news should not be a great shock to Wall Street; says he is surprised by market reaction.
Says President Trump and China President Xi have a good relationship.
Says we may start to see a coalition against China regarding trade; says World recognizes that China’s trade practices are a ‘out of control’
Says must protect intellectual property.
Asked about Amazon (AMZN); says he is not really involved with that; but the President’s tweets are specific about USPS issue.
In related news, China had to inject more than $12b into Anbang — due to fraud allegations.
China’s government is injecting 60.8 billion yuan ($12.7 billion) into Anbang Insurance Group Co after the company’s chairman was accused of masterminding a multibillion dollar fraud.
The money will come from the China Insurance Security Fund, Anbang said on its website Wednesday. The injection is aimed at ensuring the firm’s solvency and stability and protecting policy holders’ interests, the China Insurance Regulatory Commission said.
Happed Wednesday morning, fucked faces. Le Fly presides over you — presently long QID and ERY.
An update from the President.
When you’re already $500 Billion DOWN, you can’t lose!
The Chinese ambassador to the US was talking greasy after the market today, in regards to the Trump trade war against the great walled nation. When asked when his country would retaliate against the US, he said ‘very soon’ — because anything that hurts the interests of the Chinese people were, in fact, considered a very serious matter in Beijing — unlike the policies of America — which is to BEND THE FUCKING KNEE to any nation with growth that could be exploited by our corporate overlords.
On that news, Nasdaq futs are -40.
NOTE: I just got back from NYC, after a long night of gluttony. Tomorrow is the last day that I will be handing out Exodus free trials. For free unfettered access — hit me up at [email protected].
Bloomberg issued a report, citing 5 anonymous sources inside the White House who said Trump had no real plans to fuck with Amazon. It’s all smoke and mirrors, a parlor trick for the unwashed masses.
But inside the White House, there are no active discussions about turning the power of the administration against the company, according to five people familiar with the matter who spoke on condition of anonymity.
None of the five people was aware of any ongoing discussion about turning Trump’s tweets into action against Amazon, not on the legal or regulatory fronts, or even regarding its reliance on the U.S. Postal Service, which has drawn the lion’s share of Trump’s wrath.
Trump expressed a desire to aides last summer to raise the Postal Service’s rates for delivering Amazon packages, one person said. His staff explained to the president that the Postal Service is an independent organization and its mail rates are set by a commission, the person said.
Aides also discussed antitrust options in light of the Amazon and Whole Foods merger, but never seriously considered any action because the Federal Trade Commission and Justice Department handle those matter independently.
Trump’s attacks — five tweets on subjects from the Postal Service to taxes and retailing — have weighed on the company’s shares, sinking its market value by about $55 billion over the past six days.
As a result, this shit happened.
If anything, this is a fine example of a short squeeze — a cadre of indecorous people being dismantled and tossed into pits with hungry lions. Speaking of which, before the market spiked, I went ahead and bought some QID at $12.91. When I got back from fetching a cup of coffee, it was 30 cents lower — because the fucking Nasdaq had gone up more than 70 points.
Shares of AMZN have risen by $30 since this FAKE NEWS report was published.
We live in most interesting times. In a way, this is somewhat boolish for stocks. If Trump sends the military to the border to stop the fucking caravan from entering the country, then NAFTA might survive. Globalism is good for equities. Ergo, it’s in our best interest as members of a globalist society of investors to see Trump sending green soldiers to the border, armed with machine guns, to stop those women and children, and also doctors and engineers, from entering our great big fat lands.
Trump says le caravan has been dismantled, thanks to Mexico’s strong laws.
In other news, sell stocks.
.@realDonaldTrump to militarize the southern border is to provoke more hate and distance even further our nations. Somebody has to talk some sense into him, he's elevating his hate towards Mexico causing a greater conflict.
— Vicente Fox Quesada (@VicenteFoxQue) April 3, 2018
