Morgan Stanley: The Recent Correction Was Merely an Appetizer of Things to Come

Happy Monday stock cucks.

Andrew Sheets, chief cross-asset strategist at Morgan Stanley, is out with a note tonight warning investors that the recent correction that was eradicated over the past week of rallies was merely an appetizer, an opening salvo into a sequence of events that poses to lay waste to the American stock market.

The motivation?

Higher rates effectively removes the sweet tit of low interest rates and leaves stocks naked and bare to face thw easterly winds by itself — dependent on earnings growth instead of multiple expansion.

The U.S. stock market only had a taste of the potential damage from higher bond yields earlier this year, with the biggest test yet to come, according to Morgan Stanley.

Via Bloomberg:

“Appetizer, not the main course,” is how the bank’s strategists led by London-based Andrew Sheets described the correction of late January to early February. Although higher bond yields proved tough for equity investors to digest, the key metric of inflation-adjusted yields didn’t break out of their range for the past five years, they said in a note Monday.

“It’s when growth softens while inflation is still rising that returns suffer most,” the strategists wrote. “Strong global growth and a good first-quarter reporting season provided an important offset. We remain on watch for ‘tricky handoff’ in the second quarter, as core inflation rises and activity indicators moderate.”

As a bear, what you want to see is the delicate woven seams begin to unravel. The Trump economic expansion plans ruined, Mueller to gain power and decimate the Trump presidency — a whole litany of events that pushes America into the toilet bowl of democratic branded marxism — full retarded healthcare and all.

Under a scenario of weakening GDP growth and higher rates, markets should ‘courrect’ by a solid 30%.

Bad news for bearshitstains, none of that nonsense is bound to happen. In one year henceforth, Robert Mueller will be rotting away in a dank prison cell and Barack Obama will be humiliated alongside his retarded portrait — forced to live out the rest of his days isolated in a Kenyan work camp.

Providing markets behave and everything remains docile, there is a unique opportunity here to apply the short squeeze, twisting and contorting the necks of bears until they snap and break and fold from the pressure. The idea is to buy stocks that are technically strong, which are heavily bet against by Wall Street.

Using the technical ranking intelligence of Exodus, I have a list handy at my disposal and might deviate from my usual routine to take on a few of these gambits.

Here are my favorites, so far.

Who else likes GRUB for the hundy roll? That is as good as a CD in the bank.

For members, the full list is here.

I slept in late today. Being that today is not a school day and the exchange is closed, I found no reason to wake up bright and early just to entertain a few malcontents on the internets. Last night I watched Homeland and was bemused to see a 4 Chan troll choked the fuck out and nearly killed by a mentally ill, former CIA, deep state anti-President.

On this President’s Day 2018, we should all thank Donald Trump for his gracious leadership in helping to provide the environment necessary to propel stocks to new highs. More than that, we should all thank him for the endless hours of vivid entertainment, excitement boosted by real fears of nuclear war, and an overall sense of happenings — the likes we haven’t seen since Reagan seized power back in the 80s and menaced the Soviet Union with his military apparatus.

While some of you might take the job of the Presidency serious, causing you to worry about the MUH future of America, trust me when I tell you — Donald Trump will have zero affect on your future.

After he leaves, healthcare will still be in shambles, deficit a mess, sovereign debt load unsustainable, and our CIA will still be operating as its own sovereign state by unelected faggots.

European markets are down today, anywhere form 0.3% to -1%. Our futures are slightly lower — but oil is up. More than that, bitcoin and other cryptos are strong.

Expect a healthy market tomorrow, highlighted by my extreme shit-talking, and verbose swearing, amidst elegant prose, and fanciful capital gains.

NBC just interrupted your regularly scheduled program and have announced that Russia got sick and tired of DC and decided to wipe out all of Americans. You have approximately two hours left to live and have access to any food or dish on the planet.

What do you eat?

NOTE: If anyone says peanut butter and jelly, you will be executed.

I’m exhausted trying to contain the new dog, because she has heart worm. There are two options: crate the dog and be an evil dog owner, or limit her activity and make sure her heart rate doesn’t increase for a prolonged period of time. As you could imagine, with 2 small children and another dog, that’s an extremely hard thing to do.

This being a slow news day and all, I’m posting the top 10 technically ranked stocks in Exodus.

Enjoy

IOVA
MRTX
HLG
WVE
HHS
COLL
CERC
XTNT
LOV
ACER

BTC is above 11k this evening, in comfortable evening trade. I just got back from a dog adoption center, taking in my second dog. This one is a little rough around the edges and wants to eat my domesticated dog. Right now I am trying to acclimate the new dog to the house. We gave it a warm bath and fed it some food — but she’s been through a lot and is extremely malnourished and isn’t very sociable with members of her own species.

If any of you dog lovers have some quick advice, let er rip.

The fact that cryptos have lifted off again, now above $515m in market cap, I feel confident, once again, in a bruising rally when shares open up for trade.

At any rate, the snow is starting to come down pretty hard here and I have my hands full at the moment.

Any of you miscreants see Black Panther today? From what I gather, it is the best movie to have ever hit the silver screens.

Any questions?

You fuckers have good leads. You know the market is gonna trade up no matter what. Sure, every once in a while you’ll be raped by an ETN going to zero, or a CNBC expose showing what a scam crypto proxies are — but that’s part of the beauty of investing.

After all, you cannot have joy without first experiencing extreme levels of pain and agony.

Earlier today, Mueller indicted 13 Russians for shit posting on the internet — in an attempt to disparage Hillary Clinton — a true American patriot. Mueller outlined, in great detail, the lengths of depravity these Russians took, traveling throughout the country like a circus act — attempting to elect Trump.

On that news, stocks dipped, but now they’re coming back. Should stocks dip again, you’d be wise to purchase them. If you do no purchase dips, perhaps one day a Fly Administration will investigate you for crimes against America — subverting our capitalistic system through wanton acts of aggression against share prices. Your name might be posted online and your employers contacted. You might be publicly shamed and humiliated. You might even lose your job.

Courtesy of Exodus, here are the winning sectors over the past two weeks.

President Trump is firing on all cylinders — making America great again. Part of this plan is to boost our steel industry by imposing harsh tariffs on inferior and very evil (believe me) Chinese steel. By doing this, the price of steel can be great again and metallurgical coal companies can thrive.

Nothing says ‘Merica like metallurgical coal. It is beautiful, big, and definitely fantastic.

HERE'S ME INVESTING IN COKING COAL $CLF pic.twitter.com/ruow4ijsei

— The_Real_Fly (@The_Real_Fly) February 16, 2018

So, because I like the MUH charts, and because there is a fucking breakout underway, with steel stocks sliding like wet bodies on vaseline lined vinyl, I stepped in and bought some CLF here.

For the sake of my sanity, just know that all purchases are 5% weightings. If I buy twice, then it’s 10%. When a stock or a fucking volatility ETN blows up and goes to zero in the after-hours, I can only lose 5-10% of my equity — because that’s how adults invest. We do not partake in river boats gambles, unless the game in rigged.

Markets are +150, oil is strong, as well as dollars. You have no reason to complain.

I sold RIOT in the pre-market after watching this video.

Investigating Riot Blockchain from CNBC.

It was a 5% position, as all of my positions are, and I hated losing money on it — but let’s be honest here: that CEO is sketchy as fuck.

It’s worth noting, CNBC will follow up on this story at 10:15am, which is likely to send shares even lower.

No one is surprised. We just wanted to ride the wave a little while longer. Sometimes the party ends early and you end up with vomit on your sleeve.

During the day time I am a very nice manager of money/profound, award winning, blogger and author. I am both charitable and intelligent. But at night time, whilst the rest of the world are fast asleep, I am a demon SHITCOIN trader — furiously exploring the Binance platform in search of fortune.

Some of my toils have come home to roost recently, with an explosion in price in three of my SHITCOINS.

INS

ELF

STORJ

Early going, Dow futures are +80, commodities are firm, but SHITCOINS are energetic.

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