THURSDAY LOOMS: MARKET HAS POSTED LOSSES ON THURSDAY FOR 6 CONSECUTIVE WEEKS

Will the streak end?

Tomorrow at 8:30am the CPI data will be released and I am certain the number will be HOT. If so, it will further solidify the market’s belief that the Fed will hike 7 times (lol) during 2022. If, by chance, the Biden regime finds a way to rig it lower, we will get, in my opinion, a fierce rally, led higher by commodities. I guess the question is, how rigged are we?

We all know inflation is higher than 10%. We can see it everywhere we go. I am hoping for more lies, this way my leveraged portfolio of commodity stocks can run higher.

I closed the day +195bps, in spite of starting off slow and with 20% of my positions in leveraged short ETFs. I bought throughout the day, avoiding tech in favor of commodity driven names. The reason is two fold.

1. Technically they are superior to everything else and do not have the same identical patterns that is seen in just about every beaten down stock running higher now.

2. When Russia attacks Ukraine, energy prices will explode.

On the off chance the markets collapse tomorrow it will be due to Russia and/or stronger than expected CPI data. It is very likely that if we crash lower tomorrow — markets will continue to slide so you’ll probably want to get the fuck out and start over again.

Healthcare is leading and financials lagging. Notice the data on bottom of column titled “VD”. That is our volume delta metric and it says volume overall is -25% today.

The biggest individual industry movers are in nuclear and solar, followed by electric vehicles and cannabis. Basically, heavily shorted stocks are squeezing higher, as hedges are removed to accommodate a market suddenly in an upswing.

Does this mean the war is over yet? It hasn’t even begun lads. Be patient and soon the fires will burn hot and bright.

Hard take for some of you MAGA-retards. You blame a sleeping man for everything — but meanwhile in the real world Trump enacted all of the stimmy bullshit and the vaccines and the never-ending spending that only seems to increase. Everything that you blame Biden for — Trump started. How about releasing your favorite rapper from jail? Trump did that too.

No matter the President, the policies remain the same. Our deep bureaucracies almost ensure nothing ever changes quickly. And now we have, for whatever reason, purposeful inflation.

Oil, cotton, natty, coffee, and soy beans are all up double digits in 2022 already. With this backdrop, why would you play another sector in the market than those fitted to profit from this?

Fertilizer costs are through the roof and this will inevitably lead to less supply of food, a vicious cycle playing out in slow motion on purpose — and Jim Biden isn’t awake enough hours in the day to do anything about it.

I’m 150% leveraged long now, mostly commodities, +2% for the session.

I had UVXY, TZA and SQQQ — but closed them out seeing the markets don’t want lower anymore. However, it should be noted, I will most likely buy them back in preparation for the wars to come. Presently, I am 130% leveraged long but with very little tech. In my opinion, tech is the anti-Christ.

Stocklabs near session highs by theme.

And the furthest from highs.

While we might be moving higher, there is plenty of overhead resistance in tech, whereas very little if any in commodities. Once place of interest today is the uranium sector — likely higher thanks to the energy and heating crisis in Europe. Shares of CCJ, UEC, UUUU and others are sharply higher.

On a personal note, everyone in my house has COVID but me. It seems, as I once suspected, I am impervious to the virus and my genetic make up is of superior quality, as all of you suffer under the pangs of ailment and sneeze into your shirtsleeves like pathetic slobs.

I’m +95bps early on.

Our intelligence algorithm takes the aggregate scores we apply to every stock and then provides backtesting data based on the granularity of the score. For example, the tech sector closed at 2.51 today. A search with a granularity of 0.05 over a 1yr time period produces these results.

What the fuck does this mean?

It means the market, specifically tech, went the fuck lower the past year at or around this technical score. It doesn’t mean we’re doomed. It only tells you what happened before. If there is a trend to be had in this data — it is up to your interpretation.

Our oversold signal in the tech space and what the market has done since it last flashed.

Our top rated themes.

Our top rated stocks over past week.

Out top rated stocks today.

YTD, the NASDAQ has not gone up on a Thursday, 0 for 5.

The best time to own QQQ since mid-January.

Returns data on tech leader and Dow component CRM.

Nov ’21: -4.9%
Dec ’21: -10.8%
Jan ’22: -8.5%
Feb ’22: -6.5%

The fires are coming and they will burn bright and hot. I shed 17bps today in the face of a melt up, due to heavy exposure to oils and some hedges against the market. I am heavily leveraged now at 150% and my bets are geared towards the inevitable specter of war in Europe. Any day now, perhaps a fortnight at best, you will be praising my alacrity in having prepared for his eventuality.

It should be known, I am +3% for the month and have made it a point to not be greedy, since I do believe, rather emphatically, the project of war on Ukraine is a forgone conclusion. You should know, once this happens, stocks will be racked and stacked with losses — investors running in the streets naked with tatters of charred clothing fettering off them as if a kite got caught in a mesh of barbed wire.

Until a peace accord is drafted and signed, Le Fly will remain in his bunker, monitoring the situation and positioning for the fall out.

I thought now would be a good time to check up on everyone’s favorite companies — the lovely folks at PFE, MRNA, and BNTX — in order to see how their life savings vaccines have treated their most ardent and loyal shareholders.

A brief run down of their fantastic business model:

Employ fascist governments, via biological edicts, to force people to accept and renew their shots into their bodies, against their will, risking injury and death — all for the sake of science and doing the neighborly thing. The next phase of their business plan includes babies — a demographic untouched by COVID-19 — but nevertheless represent virgin territory and it would be nice to see vaccination rates at 101% — because nothing says compliance better than risking death and injury for no reason whatsoever for the sake of your government officials.

If you disagree and entertain bad ideas and voice these ideas, like Joseph Rogan, you will be excommunicated from the cognoscenti and your bloodline removed from the elite order. It’s important that you know and understand, science bends for no one, except for the rare instances when it changes.

THE SCIENCE HAS CHANGED: SONS A BITCHES
pic.twitter.com/urLaYldeTC

— The_Real_Fly (@The_Real_Fly) February 8, 2022

Without further delay, the stock performances!

MRNA -70% off 52 week highs
BNTX -66% off 52 week highs
PFE -17% off 52 week highs

Dear God, something must be done. If the stock prices of our life saving vaccines continues to sink, they won’t be able to finance new life savings vaccines and us ordinary folk will be forced, mind you, to weather the storms without the benefits of MRNA technology injected and clotted into our bloodstreams.

The pageantry is there, with the Dow +300, Nasdaq +130, oil hammered -2.3% and the 10yr bond yield up 4bps to 1.96%. If I was an alien from outer space, I’d surmise your people were idiots — both scared of inflation and wanting of it at the same time.

Oil stocks are hammered, biotech is down, but retail and semis are up. SAAS is up too, but nothing too fantastical. In short, a middling day with milquetoast breadth. Dare I say the market is attempting to pretend inflation is no longer a concern, defeated if you will by the Federal Reeserve who intend to hike rates to their heart’s delight.

I did tell you and I will remind you here, raising rates isn’t necessarily a bad thing for stocks. We have gone through plenty of hikes while at the same time enjoying the benefits of cheap credit. The issue here isn’t hikes or lack thereof, but war gentlemen. Nothing has changed from yesterday to today, other than more military equipment streaming towards the Ukraine border.

Let me remind you, this isn’t Iraq or a sojourn in Panama. If NATO thinks it can retaliate against Russia, and does so, we are going to have a crash test dummy market on our hands. Because of this, I am in a defensive posture and will remain so until the crisis has been resolved.

This tape is oppressive and the culprit is hope. You need to let go of it and accept the fact it is over. Bear witness to a great debacle each and every day — late stages America strewn with hedonism and depravity.

We had good times, laughed a lot over cold glasses of Chardonnay whilst showing off our latest wares taught to us by Madison Ave; but now it’s over — behind us. The end nears closes each and every day and you will soon bear witness to indescribable horrors, as markets descend into fiery pits of hell — as if God himself reached down from the heavens to sell short QQQ.

I am completely invested, even leveraged a bit, amply hedged and positioned in a way that might benefit from a conflagration. I am looking at shipping, commodities, long treasuries, short stocks, long gold, long defense contractors.

This trade expires in a fortnight.