I sold out of my trading position in COST, which was my largest position. I don’t have time for poisonous chicken salad.
Via CDC site:
Read the Advice to Consumers »
CDC, the U.S. Food and Drug Administration, the U.S. Department of Agriculture Food Safety and Inspection Service, and public health officials in several states are investigating an outbreak of Shiga toxin-producing Escherichia coli O157:H7 (STEC O157:H7) infections.
As of November 23, 2015, 19 people infected with the outbreak strain of STEC O157:H7 have been reported from 7 states.
The majority of illnesses have been reported from states in the western United States.
5 ill people have been hospitalized, and 2 have developed hemolytic uremic syndrome, a type of kidney failure. No deaths have been reported.
The epidemiologic evidence available at this time suggests that rotisserie chicken salad made and sold in Costco Wholesale stores in several states is a likely source of this outbreak.
14 (88%) of 16 people purchased or ate rotisserie chicken salad from Costco in the week before illness started.
The ongoing investigation has not identified what specific ingredient in the chicken salad is linked to illness.
On November 20, 2015, Costco reported to public health officials that the company had removed all remaining rotisserie chicken salad from all stores in the U.S. and stopped further production of the product until further notice.
Consumers who purchased rotisserie chicken salad from any Costco store in the United States on or before November 20, 2015, should not eat it and should throw it away.
Even if some of the rotisserie chicken salad has been eaten and no one has gotten sick, throw the rest of the product away.
This product has a typical shelf life of 3 days and is labeled “Chicken Salad made with Rotisserie Chicken” with item number 37719 on the label.
A picture of the product label is available on the Advice to Consumers page.
This investigation is ongoing. CDC and state and local public health partners are continuing laboratory surveillance through PulseNet to identify additional ill persons and to interview them.
November 24, 2015
This is it. The beginning of the holiday season for stocks and risk is on, with small caps leading the charge. I took this opportunity to sell some of my TWTR position, mainly because it’s a giant piece of fucking horseshit. And, I added to the following: XON, CNC, JAZZ and FCX.
Tuesday of last week, TNA was flagged oversold inside Exodus. The results are in; and as always, they’re impressive.
After a holding period of 3 days, the stats get real colorful, pointing to total and complete annihilation of the bears by the 10th day.
I’m up 2.3% for the day, with gains led by CNC, JAZZ and SHAK. At first I was hesitant, looking at the market hem and haw between gains and losses. But now I am convinced: bears are getting tossed the fuck out from the ring and into the pits of hell, where horned goats and transvestites will stab them with their penis’ and take away all of their money.
I have no fucking idea why I thought these two piece of shit dogs were going to trade up. Maybe I got caught up in the moment and it passed and I held to long (obviously). I just sold out of SLCA and CNX for big percentage sized losses. I am going to state a singular silver lining, which also happens to be the biggest crock of shit: they were both small positions.
So fucking what? Small positions that nibbled away at my essence each and every day. CNX reported earnings this morning and they’re fucked. SLCA is down in sympathy of EMES and HCLP, with one of the two getting slapped with ZERO dollar price targets. The frac sand market is dead. I knew that, but held on for a “trade.”
Do you know what happens when you buy a stock, that you know is a piece of shit, but want to squeeze a fucking trade out of it?
Don’t worry, it’s not cocaine, but cold hard cash.
I sold out from my largest holding BIDU, thanks to today’s gorilla raping romp higher. The reason why I sold the stock was because it was up alot from my basis and this market is a fucking asshole.
This sale pushes my cash position upwards of 15%, something that makes me happy, since this market looks like it wants lower.
My largest equity holding is now GILD, followed by TWTR.
I have a few ideas for long positions to replace some of the BIDU proceeds, which was a no brainer. The only issue I am having now is the totally lack of “no brainer” material in these so called “new ideas.”
Stocks are soft today, thanks in large part to the commodity related industries getting drilled into the ground.
I find myself inoculated from any semblance of pullbacks, heavily long BIDU–the great chinese lying company. I’d love to make money in American companies, stocks that attract the fattest amongst us (WTW); but I’ve been unable to find respite outside of the oil and gas space. Those stocks are being liquidated today, without honors.
All that aside, the daunting nature of climbing walls and hopping over barbed wired fences: this market is going the fuck higher.
LISTEN TO ME: the month of October ends with your face filled with candy corns, happy as a goat in a field of grass, long equities because Le Fly motivated you. Fuck your inhibitions and lack of courage. These are the times to take advantage of markets. I just liquidated the rest of my UNFI position. It served me well, having made 8% in the past few weeks in it. But it’t time to move on, so I added to my long bet on Randall J Kirk, via XON.
Any company that intends to genetically modify cats is a company I am in league with.
I was born inside of a coal mine. As a young lad growing up, I’d carve toys out from large rocks of coal, blacken my face to look like I was deep “in the hole” mining for rocks. Now, as a man on Wall Street, I am a coal man, yet again.
With the commodity rally well underway, I’ve sold out of my GG position and entered into a new position: CNX.
No one likes coal. They think it’s a reprehensible form of energy. People spit on miners from West Virginia, whenever afforded the chance. But I am suggesting to you, in a most emphatic way, coal shall rise again, unlike the morons from the south.
I am trading miserably. I took a look at my positions, asked myself if given fresh cash today would I buy these stocks, and then I made wholesale changes.
I sold ONCE (scared of the FDA), CYBR (what a dog!), partial YELP, HABT (SHAK is better) and all of EGO (what was I thinking?). With those sales, I’ve added to an already large cash position. I haven’t made any real money since June. This back and forth is tedious and I am wasting time and energy with these high beta names. Something is clearly wrong with the tape and until the tone improves, I am probably better off doing nothing.
I am sure as soon as the market starts going higher, I will be tempted to move back into stocks. Truth is, my timing has been off and my stock selection has been poor.
Trending stocks have been scarce and oversold bounces have lasted all but a few days. I will try to formulate a course of action soon. But for now, I am a man without a plan, in the wilderness, surrounded by savages.
Some of you are so mentally deranged, you attempt to post comments each and every day, despite being banned from doing so, as if you were talking to yourselves. I see your comments in the moderation pile and I urinate on them, as I chew on beefed jerky. I am ever so sorry to disappoint you, but I saw this decline coming. I know it pains you to know and see that I’ve been 50% cash for more than a week, with GG being my top holding. Don’t worry, fucked face, I am sure I will make a few errors upon my reentry into the markets.
At the bell, I sold out of my GG position, putting my cash position at recent record highs. Despite my belief that the market will turn up soon, I erred on the side of caution, after seeing the market cascade lower into the bell. I still have one gold stock, EGO, which I intend to hold a little bit longer.
All of my other positions were castrated, like yours. It was an awful day and a sad day for those drinking NASDAQIRIS. I have a mind for this sort of tape and it takes a lot of patience and quick wits to catch an inflection point.
It was a 90% down day, indicative of margin selling, panic and despair.
Given all of the news, is it possible we are entering a new bear market?
Sure, why not?
But nothing goes up in a line, nor down. Recall how the oil stocks bounced off the concrete earlier this year, luring a fresh set of canaille into their shares. I believe, at a minimum, we are overdue for an oversold bounce. If you believe the market dynamics have changed and the economic conditions dictate that stocks should trade lower over the foreseeable future, sell short or liquidate after the coming bounce.
Ideally, we gap lower tomorrow morning and reverse higher into the bell. That would set up for a pleasant afternoon and sublime change of pace into the weekend. I’ll post more later on tonight, after I had time to fully absurd todays fuckery.
Why do assholes bring their fucking boats to hotels? I just had to scrounge for a parking spot for 30 minutes, like a beggard in the streets with a tinned cup, because two assholes brought their fucking boats on vacation, taking up 4 fucking spots a piece. My teenage nephew, who is very much like me, proposed that we “destroy his car”, via slashed tires and graffiti on the boat. “Social justice”, as he likes to call it. Had it been 20 years ago, I’d oblige him and burn those cars to a cinder. Alas, “The Fly” is getting old and has moderated over the years.
I see that I made a fuckload of money today. I also see that my 2015 prophecies are playing out, almost exactly as I predicted. Amazon is scheduled to rip whatever bear faces are left tomorrow morning, in a very obscene, mega-capped, fashion. Words cannot express how surreal this move is, at this moment in time. Amazon is king of the jungle and their gorilla cocks are about to slap the shit out of you.
Moving on: I sold out of ONCE today and started a position in VDSI. All of this was announced in real time, inside of Exodus this morning. I have a feeling that software security names are about to resume ape raping runs to the upside, which is why CYBR is my largest position in years.
Tomorrow I intend to partake in more summer madness and then make my way slightly up north again. If the mood is right, you will be lucky to receive a blog from me tomorrow morning.