PREPARE TO MAKE EVEN MOAR MONEY

Futures are flat; but that’s not gonna stop my stocks from ripping higher. I told you last week and I’ll tell you again now, nothing is going to stop me or my stocks from heading higher. Nothing.

Markets are high?

I don’t give a shit.

Some of the stocks I’m buying are ‘crazy’.

So what?

Put your investopedias away and BEHOLD what this game is all about — finding the niche in the market that works. When you find it, ride that fucker until the wheels fall off. You won’t know the trade is dead until you take a few Ls. Believe me, I won’t time the top perfectly and will take losses before this is all said and done — but we’re not done.

America’s birthday is just around the corner and all of the whited trash are preparing their styrofoam water coolers for an overwhelming amount of Budweiser cans, from which they will shoot bottled rockets out from. You mean to tell me you’re gonna fade stocks ahead of that?

In other news, crypto currencies are finished — fucking done. And I don’t say this with any malevolency. Just learn from it and remember that when the main stream hypes things, there are probably a lot of rich fuckers getting liquid. You can look back in the news and read about the founders of Litecoin, Ethereum, and many other cryptos selling all or most of their holdings. They needed the unwashed plebs to buy it from them, so they put crypto machines on the street corners in Brooklyn, hoping to take some dollars from desperate people living on a fixed wage.

In a perfect world, the rich would be eaten alive and the poor would perish and be flushed down toiler drains, leaving only the middle to upper middle class left to walk the planet. It would be a fine planet, filled with all of the very best people. Instead, we get to live through this shit — a comedy show wrapped inside of a horror movie, directed by clowns.

Sifting thru the top technically ranked stocks in Exodus, I came up with a short list. Bear in mind, any list made in advance is dated, since the market is dynamic — new idea will present themselves in real time. But this is what I’ll be watching during tomorrow’s opening tick.

LX
MDB
RDVT
CUE
RCUS
PVTL
RYB
SPOT
HX

I guarantee you one of those fuckers will go apeshit to the upside soon.

These fucking faggots are trying to stop you from achieving unbridled success. The polarization of the political world is insidious, like an addictive drug trying to rope in more dopes to support their agenda. Never watch political news, if you want to trade successfully. If you spend your days listening to polarizing talking heads, you will fall into a deep trench of nihilism and believe the sky is falling, in spite of the facts saying otherwise.

Do you understand what I’m saying to you son?

Assume everything you see and hear is all show, an act being played out to entertain people. Then look at the quarterly results of some of you favorite companies and look at the macros and then understand the sky isn’t falling and a giant crash isn’t around the bend.

Who’s evil, who isn’t? Who gives a shit? Live your life and make decisions that will benefit you. Yes, I am telling you to be selfish — because I know that you spending your days shitposting on the internet isn’t really gonna make a different. We’re like fireflies in the night being sucked into a giant fan with very sharp blades.

Any politically inspired dips will be bought. If you see stocks down 300 tomorrow because of some bullshit press clippings, buy it and thank me later.

This morning I woke up to my coyote snapping her teeth in my face, demanding to be walked. Upon visiting the downstairs foyer, I was entreated to three separate sets of shit upon my teak floors. Like a good pet owning slave, I picked up the shit, washed down the spots on the floors, and then proceeded to walk the beast whilst sleep walking. There’s something both humiliating and soul searching about having pets, sort of like kids, except for the fact that when your kids grow up they almost always resent you, at least for a while, blaming all of their problems on you and where you chose to live.

The S&P is higher by 4% and my gains are significantly higher than that; but what about you — the poor zebra? Pray tell me, what pitfalls did you fall into this year and why are you still leaving in a housing tenement?

I really can help and I really am a Dr., god damn it.

If you don’t want to tell me, it’s quite all right; I have lots of other things to do.

You’re welcome for a week of entertaining awe inspiring trading.

Literally nothing can stop me, like literally.

Join Exodus.

Video streaming plays are all the rage again — led by HUYA and IQ. BILI is steaming higher too, as the entirety of the complex gets bid the fuck up.

Listen to me now — this hits $20, else Ragin Cajun has promised to castrate himself and live the rest of his days a eunuch.

Look at the MUH chart. Clean break out.

I told you how this would play out and there was nothing you could do to stop me. What are you waiting for? Feel free to offer me thanks, greetings, and salutations.

HERE HERE.

It is a Friday and I don’t need to be doing this; but I am doing it anyway. I have nothing to prove to the world at my ancient age. I’ve been around, more or less, for the past thousand years — trading to and fro — having a grand old time on these internets in recent years. Some of you are GIGANTIC faggots and some of you aren’t. But one thing you all share in common is this notion, this far-flung theory, that you can stop me. This theft of honesty is, frankly, alarming.

Into the teeth of a short weekend, I stepped in and bought YEXT. Yes, indeud. Gaze at the chart and fucking tell me it isn’t heading straight for $20 — like a cock into condom.

Also, I bought BILI back, higher from whence I sold it — because Chinese video streaming is nuts. Look at IQ. Look at HUYA.

I teach you these things, my methods, because I am a generous man. You should thank me for being very nice, and very beautiful, believe me.

What the fuck is going on? It seems like every day someone else is hanging themselves. Sad news with Bourdain. He’s one of those people that everyone seemed to have liked.

If you’ve never read his epic book, Kitchen Confidential, do so. Here’s a piece in the New Yorker that led to his rise to fame.

People who order their meat well-done perform a valuable service for those of us in the business who are cost-conscious: they pay for the privilege of eating our garbage. In many kitchens, there’s a time-honored practice called “save for well-done.” When one of the cooks finds a particularly unlovely piece of steak—tough, riddled with nerve and connective tissue, off the hip end of the loin, and maybe a little stinky from age—he’ll dangle it in the air and say, “Hey, Chef, whaddya want me to do with this?” Now, the chef has three options. He can tell the cook to throw the offending item into the trash, but that means a total loss, and in the restaurant business every item of cut, fabricated, or prepared food should earn at least three times the amount it originally cost if the chef is to make his correct food-cost percentage. Or he can decide to serve that steak to “the family”—that is, the floor staff—though that, economically, is the same as throwing it out. But no. What he’s going to do is repeat the mantra of cost-conscious chefs everywhere: “Save for well-done.” The way he figures it, the philistine who orders his food well-done is not likely to notice the difference between food and flotsam.

Look at this shit. Trump is going in hard against Canada, France and the G-7. He’s bring the trade war from Asia all the way back home and now over the Atlantic to the faggots residing in Paris.

Looking forward to straightening out unfair Trade Deals with the G-7 countries. If it doesn’t happen, we come out even better!

— Donald J. Trump (@realDonaldTrump) June 8, 2018

Canada charges the U.S. a 270% tariff on Dairy Products! They didn’t tell you that, did they? Not fair to our farmers!

— Donald J. Trump (@realDonaldTrump) June 8, 2018

Why isn’t the European Union and Canada informing the public that for years they have used massive Trade Tariffs and non-monetary Trade Barriers against the U.S. Totally unfair to our farmers, workers & companies. Take down your tariffs & barriers or we will more than match you!

— Donald J. Trump (@realDonaldTrump) June 8, 2018

Prime Minister Trudeau is being so indignant, bringing up the relationship that the U.S. and Canada had over the many years and all sorts of other things…but he doesn’t bring up the fact that they charge us up to 300% on dairy — hurting our Farmers, killing our Agriculture!

— Donald J. Trump (@realDonaldTrump) June 7, 2018

Please tell Prime Minister Trudeau and President Macron that they are charging the U.S. massive tariffs and create non-monetary barriers. The EU trade surplus with the U.S. is $151 Billion, and Canada keeps our farmers and others out. Look forward to seeing them tomorrow.

— Donald J. Trump (@realDonaldTrump) June 7, 2018

Markets don’t like this rhetoric, so futures are off 50, Nasdaq ~40. Truth is, this is just rhetoric. Trump is like a child who needs to be placated. All of his threats, or at least most of them, end up in nothing. I would not be surprised to see stocks dive down lower on this news, especially because it’s Friday — but I’m pretty sure it won’t last long.

Trade wars aside, we’ve got a pretty good thing going here, globally. Business is strong, spirits are high, and markets have never been better. There’s literally nothing to fear but fear itself, or Zerohedge.

This is something that might rattle markets at little, should people pay it mind.

Near-term memory softness – reducing estimates on LRCX, AMAT, ASML, etc – Cowen (188.83)

Cowen notes recent checks suggest that market concerns regarding near-term NAND and DRAM capex softness appear to be true, but is not demand related, but more focused on pricing. They believe there is potential for wafer fab equipment (WFE) spending push outs due to chip pricing (for NAND and DRAM) and to a lesser extent yield-related issues (DRAM 1Y-nm) at Samsung. They view this as a timing related issue and believe it could be reflected mostly in C2H estimates and translates into roughly $2.5B in WFE spending. They are lowering 2018 industry WFE forecast from +12% Y/Y to +6% Y/Y and raise CY19 to +13% Y/Y from +4% Y/Y. Clearly LRCX (Outperform) and AMAT (Market Perform) might see the most impact due to their memory exposure, and KLAC (Outperform) appears the most defensive. They view this as near-term weakness and resulting in a resetting of expectations and forecasts. The more important takeaway, in their view, is that both CY18 and CY19 would still be growth years for WFE and speaks to their thesis of improved durability and lowered variability (less cyclicality) for the sector. Also reducing forecasts for KLAC, AEIS, and MKSI but maintain positive LT outlooks.