Who’s Ready For a Giant Nothing July?

Anyone making a livable wage on Wall Street is en route towards vacation right now. They’re hopping on planes towards Europe, helicopters towards the Hamptons, or in a car with a pocket square and gold buttons trailblazing towards Nantucket. What’s left are loserFAGS, pikers, retail, and you — the unwashed trade pleb — trying extra hard to make it big and make a fortune.

I’ll be here too, shit posting and trying to recapture the glory I enjoyed in early June — yelling and cursing the whole way when things start to go sideways on me.

For the month of June, the Exodus Quant shed 0.41%, in line with the SPY. I will be investing in the small caps again, as it was the only quintile up for the month. Everything else was down and down stupidly. There’s no point trying to fight against the degeneracy, so I’ll join it.

My gold position will be culled, replaced by bonds.

Futures are higher and I am seriously sleep deprived. I endued a weekend of road trips, cheap food, and stale cigars. Last night I nearly drank myself retarded on spritzers, the very thing I hate.

Life is a journey. Somedays I feel like a warrior champion, the next a muppet inside of a fucking ‘fagbox.’

Ciao.

I have several things to do throughout the balance of today. In the meantime, chew on this — our top rated big capped stocks. The ranking system is very sensitive to technicals and change in a blink of an eye. Oil opens down on Monday, next thing you know these fucking scores go sideways, tanking their ranking to the bottom of the heap.

I’ll have you know, utilizing our suite of Sharpe ratio tools is an effective way of gauging the technicals of a stocks on a longer term basis — so use that shit when you’re cobbling together your idiotic investment plans. For the life of me, I haven’t the slightest idea how people send you money. If they only knew what I knew — you’re a complete slack-jawed idiot.

Ok, got to run now.

Ciao.

I’ll do the numbers tomorrow, but it looks like the Exodus Quant fell in line with the SPY last month, long small cap stocks between the market caps $1-5b. It has been long small caps for 3 months and this strategy has proved to be a profitable one, higher by 9% for the year.

Over the past week, however, mega cap stocks have shredded small caps and the margin of outperformance is very small now, between small and large. There is a chance Exodus will reposition out of small and into large.

If you’re just reading me for the first time today, I have a quantitative method by which I invest the majority of my money — using fundamental analysis, using my investment software. I position in the very best companies, graded by my algorithms, 2 stocks per sector, and I do it with a smile and a listless care in the world.

During the week, in order to satiate my desire for craven madness, I trade with fellow lunatics inside The Pelican Room. There, my winship is performed unbridled, and unmatched. But there are times when I do not do well, such as the week that just passed. My methods are momentum based, so when markets are reverting to the mean, I sometimes get fucked. The key, of course, is to cut out the losses quickly, something that I’ve been dreadful at, historically, but have been getting better at.

I have a thing to go to this morning, lasting thru the afternoon. This being the weekend before July 4th, I gather many of you flagFAGS will pretend to be patriotic and use that excuse to get drunk, or stoned, or utilize whatever vice you deem appropriate. I, on the other hand, will be working hard, like Clubber Lang in the gym when Rocky was rolling in the grass with his wife and flowers, figuring out methods and ways to up my performance — preparing for the week ahead.

How else do you expect me to get ahead in this fucking rat race of a life, an existence marked by the things gathered and collected over a lifetime, experiences enjoyed, positions of power wielded? It’s not all shit, believe me. There is beauty in all things, or at least most, you only have to look at and examine the smallest of details to appreciate how fortunate we are to be here, running in the race, trying like mad fools to attain a semblance of calm and happiness.

Have a great Saturday.

What a fucking fagroll into the bell. All of the momo stocks were eviscerated into the bell. My ZUO and PVTL got fucking poleaxed. All in all, this was a reversion to the mean week for me. All of my recent success has been checked this week, as I took one tumble down the stairs after the next.

It’s hard to describe how these streaks come and go; but when they go — they really do go.

The only silver lining for the day was CBLK and DOMO.

Markets barely traded up and if there was another 10 minutes of trade, we’d be down.

My quant finished up 20bps for the day and to be honest, I don’t even want to think about stocks anymore. I’ll regroup and come back on Monday with a sharp mind and cock made of steel. Enjoy the weekend and be sure to drink recklessly and also smoke a lot.

You are men, after all — act like one.

I really don’t learn my lesson. I bought this UXIN Chinese shit yesterday and have been getting my balls boxed in ever since. I am up on another one of my IPO purchases, IIIV — but give it some time; perhaps it too can box me in.

So now I stepped in and bought DOMO. Reason being: I’m retarded. I like SAAS companies that grow fast and are trading mid 20s. They always seem to go to $30, at least that’s the prevailing trend for the moment.

I stepped in and bought it, even though it’s way up, and I don’t give a shit what you think.

I sold my hedges for breakeven — both LABD and SRTY served their purpose in assuaging my fears. I also bought a new IPO, IIIV. It’s a very thinly traded stocks, so be careful about placing large market orders for the shares.

The way I see this market is very clear and beautiful: nothing can stop it.

Sure, the recent losses will serve as a dampener for some shares and things will take time to get back to crazy — but we’ll get there.

For now, I remain, inexorably, bullish.

Take a look at my runners screen in Exodus — stocks within 1% of their intra-day high, up 2% or more for the session.

Top picks: CBLK, ZUO, MDB

What a lovely morning. I woke up to my coyote snapping her teeth in my face again. I ventured off outside half awake and she nearly tore my arm from my socket after seeing a family of nice deer on my lawn. The Mother deer, seemingly frightened half to death at the specter of seeing a fucking coyote steam out of a human house, stepped forward to face her in final combat, before my coyote got to eat her and all of her children.

Lucky for the nice family of deer, who were all very thin and perfect, I directed my coyote towards the trees and the bushes, to chase after the fox and the squirrels instead.

Nasdaq futures are +37 and that’s incredible because Trump, reportedly, want to remove the US from the WTO.

Axios is reporting that Trump has told several top White House officials he wants to withdraw the United States from the WTO.

“He’s [threatened to withdraw] 100 times. It would totally [screw] us as a country,” one source told the media outlet. The same source said Trump has told his advisors, “We always get f—ed by them [the WTO]. I don’t know why we’re in it. The WTO is designed by the rest of the world to screw the United States.”

This is like a finance version of Bush’s ‘you’re either with us or against us’ approach to diplomacy. Unfortunately, Twitter wasn’t around back in those early days and none of us were able to properly mock Bush. But now with Trump, we are very much afforded that luxury.

Banks are super strong this morning following the Fed permitting banks to return capital to shareholders. We’re finally getting back to normal, a period in time when the banksters will be able to wantonly approve of loans to homeless people in exchange for big fat bonuses and fees for doing God’s work.

Off to run an errand. Here are this morning’s movers.

This is what life is all about. Work really hard with really smart people, make a fortune, enjoy the summers amidst champagne cocktails and views of the ocean.

There isn’t a better stock trader in the entire world than me, believe me. You’d be wise to align yourself with a space alien magician (SAM), such as myself.

Futures are sharply higher and my mood is light and gay (no homo). I ingested 5gs of creatine and have been drinking water all afternoon long. I’ll be heading to the gym before midnight, in order to lift and rip apart my muscles, so bigger ones can replace them.

Tomorrow morning, I have to do a few errands, and then it’s all stock market for me — blue skies and purple dinosaurs. Nothing can stop me. You’ll see.

Fuck the stock Gods.

It was a good bounce day, but let’s not make a mountain out of a molehill. I took losses in ARRY and bought UXIN, which went straight down on me. My hedges, SRTY and LABD, closed lower — and my SPOT had a bad day. Other than that, everything was green and I made a lot of coin in HUBS, ZEN and a sundry of other stocks.

Let’s put the rally into perspective. It’s a blip on the screen.

I’m positioned for a rally, with just 10% of my money short and 5% cash. With the amount of high beta software stocks I’m holding now, the hedges are almost meaningless.

Over in my Quant, it was higher by 85bps. We’re heading into the birthday of America. I find it incredibly hard to believe we fade here, into a weekend filled with bottled rockets and Budweiser can parties.

Markets are really strong today and it’s business as usual in SAAS land. The past two weeks have been somewhat ruinous for the sector, following what was perhaps the single best run in years. But now we’ve come to a cross in the roads and you all have to decide where stocks go next.

Here is my SAAS watchlist in Exodus. Many of these stocks I’ve been buying, including ZUO. I just bought that shit like 10 minutes ago.

Even after today’s lift, the average loss of 13% over the past two weeks, making this sector buyable for anyone in search of dips.

On a separate note, I’m keeping my hedges in place — just in case.

Cash is down to just 5%.