The last great hope in retail, [[COST]], reports terrible news, yet the market shrugs it off. The banks, led by the dastardly idiots at [[FED]], shoot higher, despite their recent 50% gains.
If you are looking to allocate capital, try to find stocks with high % of shares sold short. Personally, I like [[FMCN]] and [[HANS]] here. Call me crazy, see if I care.
Naturally, I am very tempted to go ‘all in’ on [[SKF]], down at these levels. However, this melt up has a different feel to it. It’s utterly fucktarded, with a twist of lollygagging.
I have no interest in the machinations of Congress or what some asshole at the Fed is doing. All of that shit is for the birds. I spend my time trying to bank coin, while concocting new ways to punch off the mustaches of old men with canes.
I have given up on oil, as you know. I will reduce my exposure to the sector, and look to buy more [[CLNE]].
On a side note, the Godly folks at iBankCoin have been working diligently on trading software, which uses all of the parameters I look for, when screening for stocks. Basically, this shit will cut down my research time from 10 hours to 10 minutes—leaving more time to throw raw chicken legs at my trader/servant or punch holes through the bullshit sheet rock in my office.
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