The Coast is Clear

Because bonds are up, feel free to get drunk and buy stocks. Do so with reckless abandon. Kick your dogs and neighbors, then bury his cats in the yard while investing in Goldman Sachs.

Look at me, do I look scared? I am about to leverage myself to the hilt, frantically buying stocks that are ‘good’ because I’ve seen the future.

I’ve been to the future and it is joyous, splendid almost. The market is in its infancy of winship, spurred on by men with deep pockets and long arms.

If GS doesn’t hit $160 within 2 weeks, I will cut my penis off.

Ah, I can’t wait to book my profits and buy a Maserati, throw money into the fire pit for sport.

Until then, “The Fly” will be plugging away, watching the Risk Appetite Index, confident as a hungry lion inside of a room filled with newly wed gay guys.

There isn’t anything else to say but SHOMP. It never ceases to amaze me, the accuracy in which The PPT‘s oversold signal proves correct. Every time I see it, truth be told, I think “this time might be different.” Instead of going “all in” on the signal, I waited for confirmation. There’s no doubt, I will still bank coin–but I could’ve made more.

I made GS a 30% position and added to USG. I have less than 5% of cash left and will look to liquidate when “The Gimp” comes out.

For those of you who are unfamiliar, SHOMP stands for sublime harmony of mathematical precision, the true nature of The PPT algos.

UPDATE: I bought WETF.

I bought GS.

Monster position.

Fully invested.

We all know Tim Cook is secretly working for Samsung and will be fired from AAPL inside of a year. But the question lingers in the thin air, is AAPL a buy down here?

According to The PPT, it is Oversold, on a historical basis. The last time the score was this low, the stock was sub $100.

NOTE: This is the first OVERSOLD signal in the history of PPT.

Back to back cocaine parties. Dare I say “the bull is back?”

I don’t want to jump to conclusions. But I think the worst has passed.

As such, I bought UNXL and OWW into strength.

My largest position, IMMR, was dead money today, similar to many, many tech names. Maybe it had to do with AAPL’s weakness. But I don’t see why, since IMMR is the anti-AAPL play, leveraged to the Samsung Galaxy and Sony PS4. I think big things are in store for the company, over the next 6 months.

It looks like end of quarter window dressing. I will try to be methodical with my purchases. However, I promise you nothing, as I have a tendency to become frantic when it comes to cocaine rallies.

I am done buying for the day.  I started a new position in OWW. I like this name longer term.

I started a position in UNXL, intent on squeezing the brains out of people who sold it short.

Commodities are being liquidated. This will have a profound effect on commodity related managers, fools like Jim “the bowed tie” Rogers.

But put that aside for the moment and fix your eyes on the 10yr bond, getting hit again, barely up now.

Click on chart for live quote

I was very close to buying SOL and WETF, but have put off new buys until I feel comfortable with the bond market.

Aside from the fact my algos nailed the bottom to the exact minute with a timely OS signal, my Risk Appetite Index is bouncing–led by Cali munis (PCK).

Caveat: there are many bottoms and this run is likely to putter out and fizzle out. There are ranges to trade and comfort levels to consider when allocating resources. If you feel uneasy, as I do, make it a spectator sport.

TLT is lifting off and precious metals are getting the business again. This rally should stick, AND MORE.

Oddly enough, many stocks that are on my ‘to buy list’ are down today, creating room for opportunity. The question proposed is a very simple one: will the rally last? If so, there are good buys out there today. If not, I am better off eating hammed sandwiches.

As you know by now, my investments have been condensed into just a single security: IMMR. The rest of who I am, what I am, is in cash.

I haven’t stepped in with buys yet, due to ‘deer in headlight’ syndrome.

Still watching.