EMERGENCY ALERT: Last Day for Exodus Trials — Valentine’s Day Massacre Fast Approaches

We’re positioned splendidly amongst a cadre of longs and shorts — swimmingly making money with ease — most eagerly awaiting another leg up or down. Just today, I EXECUTED a 25% win in KBSF and took a new position in SSC — for the purposes of profit.

Tomorrow is Valentine’s Day and you’re all very retarded and un-romantic. Therefore, it makes sense for you to spend your time inside the hallowed halls of Exodus — bearing witness to what we hope will be a most grave and frightening massacre. In the event none of that unfolds, we’ll simply find another way to make money.

Futures are marginally higher this evening and I am feeling ok. My days are long and I don’t get much rest and I am aging fast — speeding downhill on the ass-end of life — but with purpose and all with good intentions. Do not hasten your views on Le Fly without first understanding his goals to create a great legacy, one that will be remembered for a thousand years henceforth — all to do with his orbital space cannon (OSC) taking out whole cities and cleaning the earth of its refuse — producing a ‘clean canvas’ from which new life could be formed and a greater future molded.

Email me for access: flybroker at gmail

I’m buying SSC — because I like the MUH charts. I reviewed over 10,000 charts until my eyes bled out and my fingers curled up in an arthritic spasm, and then I found SSC.

Have you ever in your whole entire lives seen a better chart than this?

What a thing of beauty. Since I graduated the school of technical analysis and now consider myself to be a foremost expert and charted member of the Asshats of America for Charts Foundation, I can tell you with expertise, that fucking thing is now sliding off the backhammer of the trendline and is now threatening to bust through like the Kool-aid guy into an air pocket of former sellers and annihilate them.

Physically, this stock is going to kill people who are short.

I told you the market could not be stopped. It is virtually impossible to stop a thing in motion like this.

I sold out of KBSF for a ~25% gain today and haven’t done anything else, fearing the gyrations of the market might force me into error. I’m still holding those great beautiful inverse ETFs, like a fool, with only TZA hammering me in a hole. Both FAZ and SOXS are near my basis and only serve as a reminder that something was awry with stocks last week.

Trannies are strong today and basic materials are under pressure. The overarching them, however, is higher prices and money to be made for those who are long mega cap stocks.

It is a fact, the smaller the market cap, the smaller the gains. From a quantitative perspective, if you’re not long mega cap stocks in size, you’re doing it wrong.

Tomorrow is the last day for Exodus free trials. If you want a final look before the doors are slammed shut, email me at flybroker at gmail dot com.

Good morning lads,

Pleasant day here in NJ — lots of sunshine and the frost isn’t too bad. Markets are selling off and those who are heavily long and leveraged into today’s tape deserve to have their genitals cut off. We really shouldn’t discuss it much further, other than remind people what happens to pigs around these parts of the woods.

That being said, the trend has been sharply higher — so you’d also be highly stupid to be out there naked short. You might get raped.

It’s best to be like me — almost exactly like me, but without all of the eccentricities. I know they encumber my growth in so many areas and they’re not as exotic as you might believe. Sometimes, as a point in fact, they are outright injurious to me. Nonetheless, let us all pray now for the end of the stock’d market and all that comes with it.

While your retirement funds might evaporate into dust and you might be forced to live in the streets with dirty drunkards, it will be a cause worth praying for.

Alongside my longs, I am hedged with SOXS, TZA, and FAZ. It’s a bit complicated, but my gameplan is to time my exits perfectly and then let my longs rip.

First we need some more downside, nothing too much — maybe 1,000 points MOAR.

David Sneddon, global head of the church of technical analysis, Credit Suisse, is out with some news this morning. The secular downtrend in yields is officially over. As such, expect the US 10yr to jimmy-rig higher from the present 2.85% to 3-3.05%.

Additionally, should yields break higher from these seemingly magical levels, well then, you should prepare yourselves for a most dire and grim bond bear market — one sporting real yields of the frightening varietal.

In recent weeks, markets have responded unkindly to spiking bonds yields. The rationale, of course, is higher growth begets higher yields — dictated by market forces, buoyed by the Federal Reserve. However, according to the Fed’s mandate, yields should only be going higher if inflation is a risk to the economy. By all measures, the CPI is anything but hot — thereby ruining any intellectual debate for higher rates or higher inflation.

Ergo, this move higher in yields, although relevant and powerful, is a farce.

Personally, I am short bonds 3x, as more of a black swan trade. I do not believe yields should spike, but I believe they might — as a mode to apply pressure on markets. This is yet another pain trade taking place. Let’s see if it unfolds or not.

FED'S MESTER SAYS HAS SEEN SOME WELCOMED PICKUP IN INFLATION

she did not expense dinner?

— zerohedge (@zerohedge) February 13, 2018

Related:

CNBC

Fund managers have sliced their bond allocations to the lowest level in 20 years as fears grow that the sector poses the biggest threat to markets.

Along with reducing their fixed income exposure, 60 percent of professional investors also say inflation and troubles overall in the bond market pose the biggest threat of a “cross-asset crash,” according to the February Bank of America Merrill Lynch Fund Manager Survey.

Respondents say they’ve reduced their bond portfolios to a net 69 percent underweight, the lowest since the survey began two decades ago. The survey polled 196 panelists with $575 billion in assets under management.

Dow futures are down 100 and Europe is flat. Gold is +0.3% and WTI is -0.5%. The dollar is getting strangled by the euro, off by 0.4% and Bitcoin is -2% — further evidence to suggest bitcoin HODLers are, in fact, controlling the entirety of the stock market. When they make money — you make money, and vice versa. Any fucking questions?

These HODLers have been making so much money, eating so many avocados, they’ve taken control of the stock market. You thought the CBOE was fucking them when they starting trading BTC futures a month and change ago — when in fact it was merely a Trojan horse by these very powerful and malevolent HODLers making their way inside of our castle. Now they’re knifing us to pieces, because we’re unarmed, helpless to their violence.

Hopefully we can get some real volatility today — maybe -700 or 800 points. If we keep going up to hit new highs again, amidst all of this panic over interest rates acting entirely normal, I’m gonna be very disappointed.

Here’s some other shit crossing the tape this morning.

HCP beats by $0.01, misses on revs; guides FY18 FFO midpoint below consensus
Qualcomm: Broadcom (AVGO) says will seek the election of six, rather than 11, nominees to the Qualcomm Board
Under Armour (UAA 15.97, +1.74): +12.2% after reporting better-than-expected sales for the fourth quarter.
AmerisourceBergen (ABC 105.90, +16.45): +18.4% following a WSJ report that Walgreens Boot Alliance (WBA 67.15, -1.31) has made a takeover approach.
Blue Apron beats by $0.05, reports revs in-line
Louisiana-Pacific beats by $0.16, beats on revs; reinstates quarterly dividend
Arch Coal beats by $1.25, misses on revs; increases quarterly dividend to $0.40/share from $0.35/share
Marathon Petroleum upgraded to Buy from Neutral at Goldman
Pioneer Natural Resources target raised to $250 from $215 at Citigroup; added to US Focus List
3M upgraded to Buy from Hold at Deutsche Bank
GNC Holdings reports EPS in-line, misses on revs; enters strategic partnership and China joint venture agreement with Harbin Pharmaceutical

Let’s exercise our brains a little here and use some logic while looking at US rates heading higher.

The fear of higher rates has nothing to do with inflation.
The fear of higher rates has nothing to do with inflation.
The fear of higher rates has nothing to do with inflation.
The fear of higher rates has nothing to do with inflation.
The fear of higher rates has nothing to do with inflation.

I know this because I can easily see the TIPs doing nothing but trade lower. If investors were afraid of inflation, they’d be bidding up TIPs.

Meanwhile, 10yr rates have been ‘normalizing’ because the Fed is menacing us with higher rates.

Since we have the benefit of seeing a true credit crisis, in addition to a sovereign one born in Europe in 2010-2012 — thanks to Greek, French, Portguese, Italian, and Irish bonds diverging from Germany — we know there is no real threat of a US default. Even if there were, we’d see other countries dislocate and break first. Since our hegemony is strong, backed by the full faith and credit of the US military, I think it’s fair to say, at this given time, there is zero reason for rates to head higher from an economic point of view.

Let’s recap.

Zero economic instability in the US and zero inflation equals STOP CHIMPING THE FUCK OUT OVER HIGHER RATES.

There might be a dozen different problems with this market, or even something to concern ourselves with in the economy. Maybe the Trump tax cuts fail and maybe his infrastructure plans underwhelm. But from my perspective, the only rational reason for US rates to head higher is due to manipulation by hedge funds — trying to foment panic in order to get the outcome they desire — lower equity prices.

Let’s review their business model.

Charge cut throat pricing to access movie theaters, instantly losing money for shareholders.
Subsidizing business model via onerous share offerings that hurt shareholders.
Attempting to disrupt theater business long enough to extort theaters into sharing in concession stand profits.
Literally the same business model as the Italian mafia, sans the legitimate facade of having a publicly traded majority shareholder and ability to tape capital markets.

New offering disclosed in the after-hours, sending shares sharply lower, yet again.

If you were AMC, would you ever cave into these faggots?

BANNINGS are back. I’m exceedingly patient with some of you, much more than I should be. Last year I released all of the animals into the streets and you ran around freely and defecated around the halls — but the discourse all but eliminated you from the conversation — since the conversation discussed politics and world events — topics you retards knew very little about. Now with stock talk back on the front burner, I am literally attracting the worst booze hounds society has ever seen — ordinary mountebanks — drunk from morning thru night — teetering on the brink of mental insanity.

Believe me, I know a thing or two about crazy — having seen it first hand in one of my relatives. Some of you fuckers should be institutionalized — due to hyper-manic behavior that is the definition of emotionally unstable.

Speaking of unstable, markets shot up by another 500 and change — and still charging. While this might be a delight for those long SPY calls — this is wholly retarded. Hard to buy into what can only be described as a manic move higher.

My sales from this morning are still there highs of the session for OSTK and OLED, interestingly enough, and both of my new purchases (KODK, BITA) have moved up since I bought them. My quant strategy is only +1% and breadth is only 78%. Even still, it would be idiotic to find a chink in today’s armor. The fucking thing is up a thousand since the Friday, and ~1,500 since the Friday lows — so it is what it is.

Tankers are the standout today, partly thanks to NAT reporting solid results — partly thanks to Trump’s infrastructure plan. With the Dow being up so much, I have no other trades that I wish to do here, at least at this present time.

Free trials for Exodus end Wednesday, Valentine’s Day Massacre. If you want a peek, email me at flybroker at gmail.

The most annoying stock broker I ever worked with used to say he was making ‘lateral moves’ when blowing out of one position and into another. Therefore, I am deploying his annoyance here for you to enjoy as much as I did.

I blew out of OLED for +7 and OSTK +2, both purchased on Friday.

With the proceeds, I bought the absolutely demolished shares of KODK and BITA — both shit of the purest qualities. I bought both for profit, not for pleasure.

As an aside, I find it humorous and alarming that TZA is up with the market hot like this. Perhaps a tell? We shall see.

In the interim, I am positioned to win either way. You can never derail my efforts or defeat me — for you are of a much lower caliber and quality.