THESE ARE NOT HUMBLE ABODES

If you are interested in reading some calm literature regarding the markets, fuck off and go elsewhere. I’ve been blogging like the wind since 2006 and I hear the same shit every fucking day.

“Hmmm, Fly, why don’t you behave yourself and be a bit more humble? Excuse me, Mr. Fly, can you unban me?”

Fuck off, coffin stuffers.

“The Fly” doesn’t give a shit about your feelings and will never address you on equal terms, because IT ISN’T THE CASE. God damn you. In 100 years from now, providing I am still “blogging like the wind,” I will address your dead skeletons in the same abrupt and coarse manner. Believe me, I hear this from Mrs. Fly all the time. Back in my younger years, I used to listen to her, as well as others, in an effort to “better myself.” But then one day is dawned on me, no one makes better decisions than me. Therefore, if they’re all wrong, by default, I am correct.

I do not apologize for kicking old fuckers into oncoming traffic, outside of steakhouses. Those old geezers had it coming. More so, I will not speak gently to you, the insecure beta male, desperately seeking attention and fortune.

I have my own money and do not require advice from anyone, especially you. Since inception, I’ve banned thousands of readers from iBankCoin, offering over 800 “full bans“, gratuitously, to people so they can never access the site again. I’ve even revoked PPT memberships and stopped distributing site content through certain financial websites, at a costly detriment to overall traffic, all because of my principles.

This isn’t about money, you devil dogs. This is about getting it right and making others pay, ever so dearly, for their mistakes. #TIMESTAMP

This morning I was getting the stuffing kicked out of me in NFLX and PPC. But as the stock Gods would have it, my fortune reversed and went higher, eradicating my losses–turning my day into profit.

My Romney/ Fuck the EPA play, NAK, soared, based upon the caprices of perverted speculators. Secondly, my holdings in PLCM, LOGM,VHC, MCK, ESRX and CVO went deep into green territory, allowing me to gain nearly 0.5%. This is truly amazing, all things considered.

Because of the tone of the market, I went all in, selling out of HDGE for a small profit and reallocating assets into stocks, taking cash levels down to 10%. Granted, this might end up being a foolhardy move, especially since the market has re-reversed lower into the close of trade. But I’ve been sitting in the sidelines for the better half of one month now and I am sick and fucking tired of taking the easy route. I want this shit to be hard, NFLXing and MRVLing my way towards victory.

In short, “The Fly won again, even though you thought for sure he was going to perish amidst a car filled with lit dynamite sticks.

I sold my hedge (HDGE) right near the intra-day high and went long CVO, LOGM, PLCM, VHC and ESRX in great size and alacrity.

Do you know the true definition of Darwinism?

Contrary to popular belief, it is not survival of the fittest through brute strength or intelligence. Darwinism embodies change and how one is able or unable to adapt to it. In this case, I read the tea leaves and acted swiftly. What was a boring money losing session has transformed into grandiose winship, you fucking faggots.

I am bowling on you pussies, whilst cracking homeless men in the heads with half-full (optimistic!) bottles of malt liquor (40 oz, No Billy Dee).

I took my cash position from 40% (after HDGE sales) down to 10%.

In other words, I am all the fuck in, gentlemen.

Top picks: CVO, NAK, VHC, PLCM, LOGM and MCK.

I am in the process of selling out of HDGE. With proceeds, I will be buying an array of stocks, but in moderation.

Stocks are trading lower, in dramatic fashion. Did you expect anything less, post labour day, post Federal Reserve did nothing again day?

Despite what the retarded bow tie says, I don’t believe the Fed is secretly printing money. They’ve never been known for being misers with newly printed money. I see no reason why they’d lie about it now. The fact of the matter is, stocks are due for a strong drubbing. I refuse to talk about Europe and how “their issues haven’t been resolved.” Frankly, the people who consistently insist on burying their heads into the news are mentally deranged–dangerous to society at a whole.

If your money manager is from that ilk, fire him now, for he will never make you any serious money. Unlike me of course, idea baron extraordinaire, possessor of book crushing trades in NFLX and MRVL, all managed to be done inside of a singular month. I’d like to see you dicksuckers try that on your own!

Even with these minour set-backs, I still outstrip you to a very large and unattainable degree. For the most part, all of you are stupid. I am talking directly to you, Sir, especially those of you who are reading this while picking your noses–creatures of the dark, replete with gargantuan ignorance.

As for my management of money, I’d like to remind all of you of my 35% cash position and large HDGE hedge, putting me in a keen position to buy all of your margin calls, AND MORE. It is not customary for me to lose in bastard stocks like MRVL and NFLX– but these things happen. I have numerous, mind you, irons in the fire and all the time in the world to allocate resources.

I have no boss because I am the boss.

I added to my PPC position, into weakness, because I am committed to the name. The chicken trade is not dead, only side-tracked by the Armageddon like conditions of corn crops throughout America. However, America is a great fat nation, gluttonous for food and fortune. Give it a little time and they will start BBQing again, sending shares of PPC, inexorably, higher.

NOTE: My NAK position is spring-boarding higher. It is the quintessential “fuck the EPA” trade and should surge higher as Romney betters himself in the polls.

I added to my PPC position.

I am officially “disenchanted” with stocks, especially after today’s bloodbath, courtesy of the good folks over at NFLX. I cannot believe I am in this stock large, into the teeth of a fucking calamity. I can only blame myself, as I had no good reason to be long other than to be a contrarian.

Sometimes the herd is right. In this case, I am a regular jackass.

PPC is also getting hit, following numbers out of SFD. However, the numbers were solid and investors are just being bitches about the whole thing. I am not concerned.

What’s important to note, as the indices slide to new intra-day lows, is strength in healthcare, alcohol and tobacco stocks. One cannot deny the possibility of grave and heinous danger when old man stocks start to catch a bid. Having said that, aside from my 35% cash position, MCK is my largest equity holding.

I like the look of silver and gold, especially NAK. Barring some news event that can fuck the stock, I like NAK the best as a barometer on Romney. Should Romney get elected, perhaps he will reign in the fucktards over at the EPA. If that happens, NAK may be permitted to mine in what is estimated to be one of the largest copper/gold mines in the world. On that news, NAK goes to $20.

It is a lotto ticket, nothing more or less.

My HDGE is trending higher again. I am not long the name to make a great deal of money, however. It’s more of a place to safely park cash, than an advantageous bet on declining stocks. Should I make 5-10% holding it, so be it.

In short, stocks look like shit. I feel like selling everything because I am an emotional roller coaster. During times like this, I force moderation by preoccupying myself with things to do. I might go read a book or create some new PPT screens. Or, I might just say “fuck it” and start selling some of my losers.

The big talk out of Jackson Hole is Woodford’s paper regarding Fed policy. Apparently, there is a movement to discard of the Fed tracking 2% inflation in exchange for tracking nominal GDP. In other words, POMO Gorillas highs on cocaine forever.

Forget inflation; focus on growth, by any means necessary.

My opinion is meaningless on the matter and I know far less about economics than a gentleman scholar like Woodford. Instead of debating whether this is a good idea or not, I’d rather focus on the potential outcomes for such a radical policy change at the Fed. It would usher in a new era of free money, buoy stocks to new highs, establishing a nouveau rich like you’ve never imagined– all the while tossing the poor and middle class families directly in front of the fenders of rapidly rising commodity and food prices.

Under a Federal Reserve policy that targets growth, one could not be foolish enough to risk shorting stocks anymore. That would be viewed as “old hat”, a relic of yesterday, left behind like the 8-track or kerosene lantern.

In other news, JPM just cut its target on FB from $45 to $30. How timely of them? I wonder if that analyst even cares that he sucks dick and no one respects his opinion? Does that even matter to him ?

Before passing judgement on today’s tape, I need to see how prices respond to Europe’s sell off. I’m not overly concerned over a potential sell off. Nevertheless, the winter is coming and stocks can’t go up forever. We’re overdue a good miniature panic, in order to properly introduce investors to the seasonal change from summer to fall, as is customary for this business for more than 100 years.

Europe was higher and Italian and Spanish yields got crushed, especially the 2 year. Commodities are robust, earnings are behind us and the Federal Reserve has our back. What can go wrong?

If it wasn’t for seasonality, I’d be balls to the wall bullish right now. What exactly do we have to fear, that hasn’t already been tossed on top of the dinner table like a dead lamb? With earnings in the rear view mirror, stock picking prowess will be the most important aspect of trading over the next few months.

For the uninitiated,  ChessNwine just published the most thorough and comprehensive market summary and outlook the world has ever seen today, provided for Weekly Strategy Session members, as well as 12631. To be a member of the 12631 trading club, you need to be a PPT member first, due to the intertwixting of both services. If you are a novice or a pro, I highly recommend investing your time and money into this service, as Chess and RC do a phenomenal job at maintaining and upkeeping a rich and vibrant trading room. It’s also worth noting, the members of The PPT and 12631 are seasoned and contribute a great deal to the daily idea flow.

As an aside, we are working diligently on PPT 2.0 and should be able to launch it this fall.

Starting November 1st, the Godly folks over at iBankCoin will be launching a contest of sorts for 12631 members only. As you know, every year we have a March Madness contest for PPT members and we always give out $1,000 to the winner. However, this year, I am feeling a bit generous and will grant $2,000 to the winner of the 12631 contest, as a small token  of gratitude for your ongoing business and prayers to the stock Gods.

The details for the contest will be revealed soon. It will last from November 1st to the latter part of December, so bring your A game.

Finally, I am dead serious about plucking one of you from the Blogger Network to become iBankCoin’s next tabbed blogger. I am in the market for someone who can call the markets and express his/her opinions without committing 8th grade grammatical errors. The grammar game is very much an integral  part of being a tabbed one, so step your game up–son. If you are interested in joining the iBankCoin team (salary is the ancient Roman minimum wage), let your voice be heard and loud. There are good people vying for such a position. I suggest you do not squander such an opportunity, as it comes around once every 3 years or so.

This summer brought great gifts of drought and low crop yields. As a result, ag prices screamed higher and protein stocks tanked.

Over the past three months PPC is down 31%, SAFM is down 18%, TSN is down 16% and SFD is down 20% year to date.

The time for half measures and cowardice is over.

Based upon historical precedence, this is not a good time to buy protein stocks. During the months of September and October, historically, they’ve been serial underperformers, which is why I will buy them with vigor and imperious tenacity (extra Costanza!). The protein trade, mind you, will be my next thesis trade, climaxing during the gluttonous month of Thanksgiving.

Thus far, I’ve purchased about 500,000 shares of PPC, a starter position, in order to get accustomed with the caprices of the fucked-faces who trade the name on a daily basis.

Due to The Great Corn Scare of 2012, ranchers and chicken fuckers were forced to cull and kill their stock early, unable to feed their ugly faces thanks to inadequate feed supplies. That trade is over, seemingly. Moreover, I believe the beaten down nature of the protein sector has exhausted itself and will enjoy a revival, based upon my un-shakable belief that humans, particularly of the unseasonable American variety, enjoy to stuff their fat-fucking-faces, continuously, without regard for decorum, wellness or temperance.