Markets Mowed Down Like Grass — Based Off Repetitive Chinese Trade War News

We’ve been fighting this war since 2016. By the time Trump leaves office, this war would’ve lasted longer than the one against the Nazis.

I bought a bunch of stocks today — closed the session mostly wrong — 40% cash and milquetoast about my prospects.

This was an infinitesimal move and no one should panic over it. It’s only disappointing because it could’ve been better. We could’ve had more.

If forced to choose just one trade for tomorrow, I’d say SOLY. If forced of course.

Off to smoke a pipe.

Good day.

I bought AYTU about an hour ago at $2.18, presently trading at $2.50. See pal, that’s who I am and you’re nothing.

“Fuck you, go home and play with your kids”

Aside from that, I bought RPD, COUP, TTWO, SOLY and HEXO today.

As soon as you get short or sell all of your stocks, we’ll win the China trade war again. Trust me.

Stocks just spiraled lower off some Bloomberg report of China walking back concessions. You can’t make this up.

#China trade deal still key driver of market…not just Fed
S&P500 drops on @business headline:
*SOME U.S. OFFICIALS SAID TO SEE CHINA WALKING BACK TRADE OFFERS pic.twitter.com/LL62nK4lLE

— Caroline Hyde (@CarolineHydeTV) March 19, 2019

Tattoos belong in prison. However, due to the high level of degeneracy in this country, and the drugs, people have decided it to be a good idea to ink up their bodies. I know — some of you love it and I’m not really speaking to the people who ink their bodies with meaningless art. I am, however, talking to the FUCKHEAD with Chinese letters on his arm, or the idiot girl with a tramp stamp.

By and large, upwards of 90% of the people who get tattoos are idiots. Most of these people will, at some point, regret disgracing themselves — seeing their tats aren’t that sexy and imposing as OLD AND DISGUSTING FUCKERS.

Enter Soliton, Inc — ticker SOLY.

They’re working on a solution that is preferable to the current laser removal. Even though this company is a concept right now, pre-revenues, if they get it right — stock is bound to careen higher — especially since so many submental people just got inked up, bro.

Big pot fan here. I bought HEXO, in anticipation of NJ legalizing it for adult crackheads on 3/25/19.

I don’t think you appreciate how truly remarkable this rally has been — climbing viciously from the depths of the bear market in December of 2018. The breakout of the semis on Friday was an easy tell and yesterday’s action, now with some hindsight, was a big shakeout. Early going, futures are sharply higher and new highs looks all but a foregone conclusion.

Here are the levels of interest for me.

This is going to be the easiest part of the rally — the magnetic climb back to new highs. You know the market wants to do it. Are you man enough to stand in its way?

Simply put, I will be reallocating in full today, in order to capture that +2.5%-5% move left in the broader indices. I was thinking small cap — but I probably will mix it up and try my best to stay in stocks that correlate well to the broad indices.

This is the brand of lip service I enjoy most, just like white people being racist against white people and black people just sit back and say to themselves “damn those people are crazy.”

Here’s Jamie Dimon, CEO of America’s largest and most prominent bank telling people that poor people, mind you, have been left behind. This is a person who is literally part of the process of quarantining money away and out of the hands of poor people — responsible for low wage-cucking jobs and holds incredible away over US policy.

So now because Dimon is making sympathetic statements regarding the plight of poor people, said impoverished will then spare him the rope — should that day ever come?

I don’t think so.

Truth is, and this is a hard pill to swallow, poor people are poor, mostly, because they’re not smart. Sure, Uncle Joe is plenty street smart — but he doesn’t have old money being passed down to him and he wasn’t brought up with privilege, the best schools, even the best looks — because on a long enough time frame (wait for it) great looking women marry rich men who then produce good looking kids, athletic, and strong — smart and motivated. The recent college scandal, in a way, was good press for rich folks — because it made poor folks feel better about their plight — making them believe everything was rigged.

It’s all in the bloodline, stupid.

The truth is a much harder stone to ingest. They never had a chance, generational trauma and poverty casts a significant pall upon any bloodline. Money is rarely gotten with luck, and is most readily accumulated by people who have good habits, discipline in the manner of life — the way they spend and earn, and the modes of entertainment — the people around them feed into this machine that create an environment of success and this works almost in perpetuity until collapses occur.

I’d rather not delve into the politics of how this is happening, but merely stating why it does. Smart people evolve and adjust to their environment. Dumb people place themselves into danger and permit melancholy to manifest itself and ominously allow self-destructive habits to wreak havoc. In spite of what you might see on TMZ, the vast majority of alcoholism and drug addicts are ravaging poor neighborhoods today, irrespective of race.

So thank you very much Jamie Dimon for telling us poor people are being ‘left behind’, a condition that has been a dominant factor in the biggest pyramid scheme of all time — life.

I’m in a mood — glum, gloomy, and grizzled. I sold most of my stocks today and then markets propelled higher. Luckily, I was able to profit from all but one and I’m grateful for having been smart enough to profit in so many indecorous names. But I don’t like these fucking gambles anymore and have decided to buy what I hate most — the banks.

Clean breakout on GS is obvious and the XLF has been trending for two weeks now, so this is a Johnny Come Lately sort of trade. Knowing this and keenly aware of the risks inherent in buying into late cycle, late in the rally, hated names — I did so using 3 times the leverage. I did so buying FAS — zero fucks given — hoping to lose money on it.

I took a look in the mirror and didn’t like the odious visage staring back at me. I reflected upon my present portfolio and determined it was mostly shit. Plus, I went ahead and stopped out of my LABD at the precise moment markets began to tumble lower. This made me disgusted with myself and I immediately hated all of my positions. Ergo, I fucking sold them all — save one or two, maybe 3, or 4!

I was having so much fun too, trading in and out of biotech hand grenades, laughing, crying, frantically pressing “buy” and “sell” — booking grand profits in stocks most likely headed directly to zero. The question I asked myself was this: “do I want to own these stocks now?”

I’m sure markets will do fine and springboard higher from here, and everything I sold will bolt higher — leaving me in a greater dispirited state than I am now. Meanwhile, I’ll participate via my quant, but presently occupied dark and brooding — angered by admittedly ridiculous things that literally mean nothing to me at all — just a mood and a cloud. So fucking stupid.

Quick post here as I am busy partaking in high finance.

The oil complex isn’t an even playing field. Low cost producers gimp out everyone else on a continual basis, prime areas of Texas have led to bountiful gains in a number of producers for decades. Since the advent of horizontal fracking, a slew of new money wildcatters edge-Lorded their ways into the Dallas players circle, many of whom own properties in N. Dakota.

When oil was north of $100, there was a great big fucking boom in N. Dakota, with wages skyrocketing and lawlessness spreading rampantly like in the HBO show Deadwood. However since then the region has been in decline — because it is expensive to frack for oil. The sand, the water — all of that shit drives up the cost of production that makes it unprofitable or barely profitable to drill.

Now with WTI getting back to $60, which was the baseline case for oil for a long, long time now, I suspect many fracking projects will get the green light again — which I believe is starting to be reflected in the shares of EMES, SLCA, HCLP, FRAC, SLCA, CRR, PUMP and other fracking plays.

I haven’t bought any yet, but am thinking about it now.