Raising Cash (dot dot dot) — JUST IN CASE

Who am I to fight against market forces? Small caps are still 9% off their highs and the market is running tired today — looking weak and flaccid and also weak.

I’ve got about 20% cash and I do not care to sell anything more than this — mainly because I have an emotional attachment to the idea that stocks will and can push forward to new record highs.

I’m probably making a mountain out from a mole hill. Nevertheless, I sold AYX (+6.3%), RPD (+5.3%) and JPM (+3.9%) for fast paced gains, both earned and enjoyed over a one week’s holding period. I will now sit back and wait.

Peace be with you.

What does the S&P 500's "golden cross" say about the future of the equity market? https://t.co/ZnfvsfayVP pic.twitter.com/cWLo2ofret

— Bloomberg TV (@BloombergTV) April 2, 2019

The famous “Golden Cross” happened and now stocks are really gonna start going up — because we were all sitting around waiting for this thing to happen. Prepare to drive in a new lambo.

I bought HMI down here — anticipating a nice rally. The stock is thin — so be careful about diving in head first.

Shut up and quit shitting your pants. Stocks are going higher.

Where are they going?

Towards new record highs. They will achieve this well before my predicted Easter egg hunt extravaganza. Clearly, everything is back to normal. Oil is running, tech is great. Hell, even Bitcoins are soaring. We are living in a fantasy land of cotton candy and rainbow colored skittles.

Nothing can stop us now.

Every single one of my stocks in my trading account is up. I am particularly fond of the Chinese names. My favorite, as of this moment — FHL.

Ok, I’ve had a busy day and need to get back into Exodus now in order to make fun of everyone and make some trades. Be back soon — fuckers.

I remember the hubris in the shitcoin community when both the CBOE and CME announced they’d begin trading futures for the cryptocurrency dubbed Bitcoin in 2017. It was the zenith of the mania. Men were throwing away their jobs, cars, homes, and their wives — betting it all on rando ICOs — because ‘it was the way of the future, the way of the future.’

Since that time, those people were wrecked and ransacked, big jowled florid faced bankers took industrial sized vacuums and sucked more than $600 billion in market cap from the ICO world. It has been something to watch and now we all make fun of the shitcoiners — relegating them to the moron circle — subjugating them to a time and a place that will forever be known as a period of unmatched insanity and group think — succumbing to behavioral sink — cannibalizing one another until white bones were bared and nothing at all was left.

Tonight the CBOE closed their trade — announcing a cessation of futures contracts to be traded passed the month of June, 2019.

It’s business as usual for CME Group’s bitcoin futures market, despite a retrenchment by rival derivatives exchange operator Cboe Global Markets.

Contacted by CoinDesk Friday, a spokesperson for CME said the exchange has “no changes to announce re our bitcoin futures contract” and declined to comment on Cboe’s pullback.

The affirmation is notable in light of the news Thursday that Cboe will not add a bitcoin futures contract for trading in March.

This means that after the last currently traded futures expire in June, this market will essentially come to a halt at Cboe Futures Exchange (CFE), at least until new futures get listed.

“CFE is assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading. While it considers its next steps, CFE does not currently intend to list additional XBT futures contracts for trading,” the company said in its notice to investors.

A spokesperson for Cboe declined to comment beyond Thursday’s product update.

The difference in outcomes isn’t all that surprising since CME’s volumes have been approximately more than double Cboe’s.

As of March 14, for example, the daily trading volume of CME’s bitcoin futures was reported at 4,666 contracts, compared to 2,089 contracts at Cboe.

Graphing the chart, one could say it was all a coincidence. But judging by the stiff reaction higher to the shares and overall mood in the crypto space — it appears the speculative fervor is back — if only for a short while.

What a miserly day. There were some things moving higher — took an opportune to book the ROKU profit — but everything else was more or less staid and flat or down. In spite of oil edging higher, my fracking stocks dove lower. On top of that, tech issues inside Exodus. On top of that, more tech issues inside Exodus.

I have a very strong opinions of 99% of the people I’ve come across in tech and I can confidently say, without equivocation, that I hate them all. Some come across with chips on their shoulders — smaller men with big egos — mad at the world for not being able to see things in binary code. Others come across mealy mouthed and really down to earth and ‘cool’ only to quickly and flippantly desert you in the middle of nowhere without water or sustenance. Then there’s the milquetoast guy, neither hot or cold. Seems nice, but something is always off. Next thing you know, POOF! — he’s fucking vanished after hearing he can’t make a fortune.

Nowadays, IT support is essentially a prostitution of an industry, replete with hookers and sluts — all sashaying around fancy websites offering blow jobs for $100 per hour.

I bought some ADMA — because I’m interested in making a lot of money in a very short period of time.

Also, Exodus flagged OVERBOUGHT yesterday.

See?

As you can see, this typically is a very bullish thing for stocks over a 10 day trading period. It simply means stocks in upward motion tend to keep going that way — so you ought to know that hot markets stay hot for an extended period of time because we’re a gluttonous people who do not appreciate the finer things in life — the intricacies of beauty and finest details of happiness.

more, More, MOAR.

It’s hard to keep up with me these days — I get it. I have a lot of irons in the fire. I took this trade and booked it +6.1%

Making lateral moves now — looking for my next score.

It’s all a fun game — isn’t it? End of days apocalyptic breakdowns followed by effervescent shifts in the winds that blows everything up, brightly and wonderfully, without pause or rationale — even the faintest idea of meaningful explanation.

Stocks go up because they do. People still buy GM cars, and clamor for their SUVs — because they do.

“Top News”, morons from CNBC

In a country with price per square foot real estate presently fetching $2,000, it’s hard to imagine anything but gains. There is a feverish appetite for more and the savages on Wall Street are disinterested in your bearish commentary — anything to do with leverage loans or student loans is idle trash to be discarded or not even looked at. Zerohedge is a comedy website with authors who lampoon themselves blogging drunk and without meaning. A joke.

Today oil is up — but oil stocks are down. Makes no sense, so I don’t think about it. We do not like to think about what’s uncomfortable and painful and would prefer to just celebrate the wins — trade wars and profits — the ascendency of mankind over the reprobates — America the all powerful — an empire built upon the bedrock of civility and human interest will fucking bomb your culture into oblivion and then take your resources to fuel our growth and fund our pensions for the next 100 years. Henceforth, anyone even thinking about shorting stocks, let alone actually doing it, should be drawn and quartered — their limbs ripped from their bodies and their heads used to play soccer at the next Bilderberg meeting.

That got very dark, very fast. My apologies.

Buy the dip.

With Bitcoin back in play and the entire crypto-world of avocado eating homeless millennials  chasing this fucker — as it moseys its way back to 20,000 — I’m getting long the principle blockchain related stock: OSTK.

I had to sell out of ALT — didn’t work out — took an 8% loss.

Early going — markets are SOFT — but oil is going up. In theory, we should rest a little before we head to brand new highs. Too much excursion isn’t good for the heart and lungs. Best to sit down a while, smoke a pipe, and take in the rays before doing anything extraneous.

More on this later.