YOU CANNOT STOP ME — NO ONE CAN

I bought 7 stocks today. All went higher. For the session, I gained 300 basis points — taking a cleaver to the faces of those in my way.

After the close, TWLO banked coin and the stock is streaming higher in an afternoon delight. You tried and failed to stop me. Now go home and take a plugged toaster into the tub for a nice soak.

This is what you get in The Pelican Room — actionable advice that produces real life wins.

Prepare for more winship gents. See you in Exodus bright and early.

Full disclosure: For iBankCoin — I employ a private server domiciled deep in a cave in upstate NY. This server is guarded by military 24/7 and have orders to kill on site (KOS) for anyone who attempts to even look sideways at the server.

But for Exodus, the server is held at Rackspace — because MUH cloud services and safety and MUH limitless bandwidth. Their entire shit is down now — hence fucking us in a miserable jam-box. I am without my people, talking extreme shit, making fun of @Diddy for being a bank loving pizza eating bagel eater.

I apologize for the incompetence at Rackspace and hope to have Exodus up soon.

On Friday I was an immense pussy, selling stocks, creating hedges, scared of my own shadow. Today I awoken a real man again, hairy chested alpha-male, super predator, in search of weak, low energy, fagLORDS who try to scare people out of the market. Plus, I also want to maim and seriously injure anyone who receives FREE LUNCHES in San Fran or person’s using straws.

Le Fly is supportive of all types of anarchy, no matter how unreasonable it might seem.

For example, I support the banning of free speech on Youtube. I also, incidentally, support the banning of entire networks too. I’d like to see channels kicked off the air without notice, people censored and tossed into prisons for petty crimes, and short sellers castrated for trying to fuck with prosperity (double entendre alert).

In spite of all of these entertaining side addendums, stocks will still trade higher. You can bank on that. Matter of fact, if they don’t, I’ll wrap myself in my favorite burlap blanket and toss myself into a lit fireplace.

YOU CANNOT STOP THE MADNESS. IT HAS ONLY JUST BEGUN. TRY TO GET IN MY WAY AND WILL WILL RIP YOUR LEGS OFF YOUR BODY AND BEAT YOU TO DEATH WITH THEM.

Everyone good?

If you need help — hit me up. I’m available to anyone who needs it, 24/7.

Come inside the confines of Exodus and be a real man with chest hairs.

Try to stop me and I’ll tear your jaw off from your face.

The retail investor is no longer needed in market. We’ve got machines running things and with the increase in margins, corporations have enough money to buy back their shares. By reducing share count, their profits increase; hence creating a ripple effect that is both repeatable and self-fulfilling.

Goldman’s resident bear-shitter, David Kostin, highlights the immense amount of buybacks taking place in 2018. Marvel at it.

“Corporate repurchases remain the largest source of demand for shares,” wrote David Kostin, chief U.S. equity strategist at Goldman.

Kostin also noted that the year already has seen a wealth of buyback announcements, with companies authorizing $754 billion worth. History shows that there’s typically an 85 percent follow-through rate, so that would add up to $640.9 billion worth with 20 percent of S&P 500 companies yet to report second-quarter earnings.

Moreover, technology has accounted for 40 percent of those authorizations. That could be critical in the days ahead, as tech companies have provided the most market volatility this summer. Netflix and Facebook have been two of the shakier stocks as both face challenges in terms of users and public perception.

“Significant potential demand remains for shares as firms complete their existing programs,” Kostin said. “Buybacks represent the critical source of demand for shares given most other ownership categories are net sellers of stocks (households, mutual funds, pension funds).”

There’s nothing you can do to stop it. Markets have no choice but to trade higher, in spite of trade wars, Trump, demotards, anything.

The time of the bull is now. Le Fly stepped in and bought 7 new stocks today, all of which will be revealed soon.

The market looks fine and I have too much cash. I sold out of TZA and took a 10 cent loss. The point of TZA was to hedge, so it made no sense holding it for more than there opening tick.

With some of my cash, I bought CBLK and SPOT. If I could, I’d buy more HUBS — but it’s already a triple sized position. The stock is now flagging oversold in Exodus with flawless stats.

I’m gonna buy 5 more stocks today.

Stay tuned.

I’m trying to wrap my head around the idea that rates ‘should’ be at 5%, according to our most eminent banker Jamie Dimon. The question, as a people living in a country highly indebted, why the fuck would we want that? Moreover, why in the world would we permit our own central bank to increase to cost to borrow and hurt our balance sheet?

“I think rates should be 4 percent today,” Dimon said. “You better be prepared to deal with rates 5 percent or higher — it’s a higher probability than most people think.”

I realize these questions are mostly rhetorical, since we all know the Fed is a bastard organization. Nonetheless, it must be said from time to time. There is no inflation. Our currency is not on the precipice of collapse. To hike rates simply means to hurt people who borrowed money at the margins to buy a house they could hardly afford; moreover, it would increase the amount of money it takes to service our $20 trillion debt load.

On the other hand, and this is a theory that some people share, higher rates begets inflation — just like lower rates causes deflation. It’s a theory worth examining closer — especially since we saw the deleterious effect of zirp here and negative rates in Europe. It seemed to heighten our difficulties. Also, since rates have been going up — things have been much better, especially for stocks.

In other words, maybe just maybe, Jamie Dimon isn’t insane and maybe hiking the 10yr to 5% will cause a inflation to rise strongly and the stock market to speed up to upside, creating a cascade wealth effect that will last for decades.

Or he’s insane.

Your call.

Some of this year’s best trades have been in the new issues, especially those in the right sectors growing rapidly. Most of the time these companies come public at valuations that are unsustainable and often get mowed down by sellers. However, for whatever reason, in 2018, people don’t give a fuck.

Two of my favorite new issues are SONO and SPOT — two of the more popular names. But there are others worth keeping on the radar.

I created a screen, in search of companies that’ve come public over the past 12 month, highly ranked by Exodus.

Tech score (weakest 1-5 Strongest)
FNKO 4.6
ACMR 3.8
HUD 3.8
TRNS 3.8
OMP 3.76
CARG 3.75
EYE 3.75
IIN 3.75
SECO 3.75
SR 3.75
AGS 3.65
ILPT 3.65
CELC 3.55
IEC 3.55
RLF 3.55
RYTM 3.55
AQUA 3.45
ROKU 3.45
BCML 3.35
BE 3.35
NVT 3.35
OPTN 3.35
LEVL 3.30
BAND 3.25

For members and free trialers, here is the link to the screen. I encourage you to tweak it to your preferred specifications.

During my years as a financial advisor, I dealt with a lot of high net worth investors. Their investment behavior was often rigid and structured. The younger investors tended to take on more risk, thinking they needed to make up for their lack of net worth, ironically.

Running a finance site and financial software platform, I interact with a lot of self-directed investors, many of whom are smart and talented, but often lack structure. Without a skeleton, or a foundation, the exterior is nothing but a facade.

Remember, your number 1, 2, 3, 4, 5 things to avoid is blowing up. Draw downs are the enemy. You should avoid them with all of your might, push back against the current of greed that ensnares you into honeycombs of death, and stop worrying about becoming a rich man/woman this year.

For the sake of brevity, I’m going to rattle of my top 10 rules for traders, more specifically geared towards people who are trying to create a net worth than preserve one.

1. Stop trading on margin.
2. Stop using aggressive option strategies. Matter of fact, stop using options altogether.
3. Stop trading futures.
4. Don’t allocate more than 15% on any single stock idea, and try to start as low as 5%.
5. Be sure to trim your big winner when it becomes more than 15% of your account.
6. Never trade on rumors or inside info.
7. Avoid averaging down.
8. Diversify your investments across the 8 principle sectors.
9. Stop being a contrarian.
10. Never let a loss exceed 10%. Sell it and move on. Sell losers fast, all the time. Zero mercy.

I could probably add another 20 to that list, but I’m fairly confident that I nailed the essence of danger for most investors, which ultimately, when reduced to a singular motive, is greed.

We’re in a very bull’d up market. I hate to hear your stories of mishap and ruin during such ebullient times. This might come across as corny, but I’m here to help. If you need some help, an objective point of view — you can email me at any time and I’ll offer you my two cents.

Bad day for tech. But other sectors did fine. My quant fund managed to trade up by 0.2%. I’m mostly positioned for a correction in my active account now, in spite of all the decadence. It’s merely a reaction to what I see in the high growth stocks, namely SAAS and Chinese burritos.

I’ll quickly fasten to a more bullish tone next week should tech recover. Truth be told, I have little to no interest cavorting in other areas of the market now, so I won’t even explore retail, energy, utilities, or old man stocks.

I’m bullish, but cautious. Hence, and ergo, I am 55% cash with a spot of TZA.

I’m about to go for a long bicycle ride, not the type of faggotry one would expect from professional bikers in speedos, as I am a man of distinguishable qualities and must maintain an air of masculinity at all times. Nonetheless, I shall pack a bottle of wine for refreshment and maybe a log of bread for nourishment, and make my way down and around the windy paths of Princeton.

If you’re new to these confines, take a free trial for Exodus. It’s my brainchild and my passion, a financial tool from the future befitted by a top hatted community of cultured gents and well mannered ladies who discuss life, getting drunk, and also stocks. And, please do not forget to knock on your neighbors doors to tell them the Exodus algorithms are now available on FreeStockAlgos.com — a new property of mine.