A STRONG WIND FROM THE WEST IS COMING

If any of you are the literate type, you will know exactly whence that phrase came from and who wrote it. However, I have little faith in any of you, reality teevee watchers, perverts of the first order. Let me remind you that you are roaming the halls of a space alien magician, a person who is building Orbital Space Cannons (OSC) in his spare time, to the detriment of mankind. There is nothing you can teach me about stocks. Your lessons fall on the deafest of ears.

I invite you to bet against me with large sell orders of GPRO. Please, I am begging for you to sell it short, ahead of the lock up expiration.

I moved ahead by 1.1% today and breadth stood at a paltry 52%. Pffff.

We’re just getting started gents. The turkey rally is coming.

NOTE: This weekend Raul will be issuing his inaugural WSS report. This, of course, will be free or charge to all 12631 members, who, might I add, had a pretty exciting week with RC, OA and Fly leading it.

It is coming. On the life of all of your loved ones, the rally is coming. If you listen very quietly, put your ears to the tracks, you can hear it steaming ahead. All of the hideous and unfashionable people are selling now, whilst eating franks and beans and listening to rock music from the 1970’s.

Those people, the Led Zepplin (sp?) crowd, are going to be dispatched and their heads turned into ornaments for my fucking X-mas tree.

Imagine yourselves on an island with beautiful women, drink, and platters filled with shrimps. You, just laying there, all sloth-like, being tended to by the woman of your dreams. That’s exactly what the market is going to feel like next week. All of your hedonistic, trollopy, dreams will come true, and more.

I’ve taken it upon myself to go ‘all in’ to this tape, without any regard for personal injury, both in the physical and mental form. “The Fly” is above the every day menial tasks and doesn’t worry about micro-managing his affairs. I’ve told this to you before and I will tell it to you again: everything works out in the end.

I have two positions that are more than 10% of my holdings: GPRO and TRN. I have one position that is between 5% and 8% of my holdings: ANET.

Those three stocks comprise almost 30% of my holdings. “Meaningful” comes to mind.

The lot of you can continue hiding under your blankets, urinating on yourselves at the first sign of danger. I invite it and welcome adversity.

WELCOME TO THE GREAT SET UP TO THE GREAT MELT UP OF 2014.

You have to be straight up stupid to short stocks ahead of a grande feast. If you know anything about America, you should know not to sell short stocks ahead of Thanksgiving. Not only will we stuff our fat heads with inordinate amounts of turkey, mashed potatoes and cranberries sauce, but we also will wake up retarded early the next day to trample over the weak to go X-mas shopping.

Black Friday beckons and gasoline is cheap. Are you really hell bent on selling short the shares of GPRO? Are you at all familiar with “The Fly’s” track record once he becomes obsessed with a stock?

You don’t stand a chance.

Sure, you can play parlour games and feign intelligence by heeding caution and spreading stupid rumors at your homosexual cocked tail parties. But, rest assured, my feathered friends are coming and they are going to peck away at your brains–once they get a hold (extra Stop n Shop) of you.

Jim ‘Bowtie’ Rogers is famous for suggesting we leave the United Steaks for a farm in Indonesia. Not only is he a regular Benedict Arnold, but a prospective war profiteer on the inflationary panic that is to come. The only problem with Mr. I think it’s a good idea to get teeth braces at the age of 70 is that the exact opposite has occurred.

Everyone is watching oil now, as it stuns people with downside pin action. The acquisition of BHI by HAL might stem the wave of margin calling selling in the interim. However, let it be known, oil is in an impenetrable ‘fag box‘ and Jim Rogers is stuck inside of it.

Here are some returns for raw commodities over the past 3 years.

Silver -55%
Coal -53%
Sugar -52%
Uranium -51%
Wheat -46%
Coffee -40%
Natty -36%
Corn -36%
Gold -35%
Cotton -33%
Oil -26%
Lithium -23%
Copper -20%

You get the picture?

At the same time, the equity markets have been hitting new highs and the dollar is up 8%.

Quite a conundrum isn’t it?

This is the question that keeps me up at night:

Is the current trend suggestive of chicanery or does it represent the normalization of commodity prices, deflating prices to realistic post war levels?

Let’s be honest with one another, oil doesn’t belong anywhere near $75 based upon supply vs demand. Hell, it was trading under $30 before the Iraq war. Would it be so terrible if the dollar continued to rally versus the euro and commodities fell? Aside from the Bakken being screwed and oil stocks going lower, wouldn’t everyone else benefit from this sort of deflation?

I can only recall the beginning of the dot com era, when oil prices collapsed and stocks roared. Back then, people thought energy was going to be made on the internet and viewed the collapse of oil as a major tax cut, rightfully so. What’s horrendous for Texas is stupendous for New York.

Everyone is so scared of the deflationary boogieman, they are failing to see the potential upside in such a terrific tax cut.

Oil is now in the process of killing General Vladimir Putin. If you think your portfolio is under pressure today, you should take a looksy at the Venezuelan budget, one that requires $200 crude to break even (lolz).

I made a bonehead move, buying BTU yesterday. That’s okay. I’ve made bonehead moves before and will continue to make bonehead moves in the future. ‘Tis is the life of a speculator.

My largest positions, GPRO, TRN and ANET, have resulted in marginal losses today. One of my recent decent sized purchases, LITB, is thrusting onward.

So the market is up 40 (extra Jeff), while the price of crude is down nearly $3. All of the economic data points to decent growth, nothing too alarming or exciting. My takeaway is this: crude is being dismantled for some nefarious political reasons. Because of this, oil stocks cannot be bought. However, the US consumer is a giant winner. Actually, globally, consumers win.

Restructure your portfolios to reflect this new reality and wait for the fruits of your labor to ripen, as we enter the domain of The Turkey Gods.

With oil careening lower today, now trading $75 WTI, US markets rejoice. This is a major and seminal shift in sentiment. Just two weeks ago, we panicked at the specter of the Bakken shale becoming a dust bowl again. Now, people are seeing the bigger picture.

Fuck oil and to hell with OPEC.

Let oil drop into the dirt. Each penny gasoline declines, the US saves $1.1 billion in fuel expenses. Heading into the holiday season, you cannot ask for a bigger and better and more immediate tax cut.

Let’s go over who wins, once again.

DPZ, PZZA, BWLD, COST, WFM, M, TJX, JWN, GME, GPRO and of course AAPL.

If you go long that basket and oil continues to plummet, I promise you will not be disappointed.

I have a million things whirling throughout my frontal lobe this morning. I was going to attack the reader class for having a ‘fundamental ignorance of comfort’ this morning. However, I felt it might be a bit harsh for 9 o’clock. The market isn’t doing much, so I can’t boast or panic. This is the sort of tape that upbraids the bedlamites and sends them into the streets with ski-masks, throwing old ladies down sewer pipes, kicking wheeled chairs into oncoming traffic.

I could easily accuse you, the reader, of being of ribald demeanor, lowly, third estate, chicken wing eating parvenu. But I will not. Instead, I will invite you to walk around these halls, this museum of indelible meridian; cast stones at my competitors and report all of the illegal mexicans in your neighborhood to your local magistrate for expeditious transport back to their plague stricken cities.

Be a good man, a pillar of your communities. The drifters and the wastrels will always attempt to drag you down into their parasitic dens of moronic design. This is your life. Do as you like, when you like, however you prefer–all within the strictest guidelines of taste and of course civilized comportment.

Here is how I look at every single trading day:

I intend to make money. However, in the event today’s hand is a loser, I will try to position myself for winship the next day. It sounds simple, almost retarded in nature. Nonetheless, too many of you are servile to the tape, obsequious to the pangs of misery.

Snap out of it son. You’re in a raging bull market.

https://www.youtube.com/watch?v=onfDKQ5EDs8

Today looked like a bad day, starting with the opening tick. Slowly but surely, everything got on track, starting with retail.

OA’s top picks, TWTR, BABA and JDST rallied.

My top picks GPRO and TRN rallied.

And for the love of productive analyst days, RC nailed TWTR inside of 12631, in real time, for all to gather ’round the fireside and join.

I will play a much more active role inside that room, joining Option Addict and Ragin Cajun, alongside the hundreds of talented and loyal men there, persons of distinguished means and purpose.

I made 0.4% today, slowly but surely edging my way back into the graces of man. You needn’t worry about House Fly, for it will stand for the next thousand years.It is made from granite and iron, impenetrable by the simpletons staining the landscape with their cheap blood.

ATTENTION 12631 MEMBERS: To commemorate the holidays of anniversary, iBC cordially offers you a free two day trial of After Hours with The Option Addict. Enjoy.

I don’t like to sit on the sidelines because I am programmed to perform in the market. I do this professionally and have done so successfully since the late 90’s. At times, being exposed to the market can be unnerving. It’s always easier to sit out the hard tapes and wait for easier days. But that’s how you miss the big moves.

A great man once said “no balls, no babies.” I’ve always taken my career very seriously. But that doesn’t mean that I should practice risk aversion, regularly. Look, the lot of you are a bunch of Saul Rosenberg’s, scared from your own shadows. I am in GPRO, ANET and TRN, not because they are easy, but because they are hard (extra Kennedy). I do these things, all the while juggling the great many responsibilities of the site, in order to display my grandeur and to remind you to shut up when confronted with superior beings.

I will toss the savage swine into my coal holes and compress their heads under my elevator cars.

The shares of BALT, BTU, GPRO, TRN, LITB and ANET are all going to trade higher, god damn it, and you will be better for it.

Heading into Thanksgiving, look for the Turkey Gods to lather us with the gravy of champions (no homo). Rejoice as the sellers execute themselves amidst the confusion of how to operate the guillotines. Pagan X-mas is going to be extra special this year.

Stay tuned.

Retail is leading the way today. Finally, the drop in commodities is starting to have an affect on consumer related stocks. I like M, JWN, TJX and WSM best.

Moving along that vein, GPRO is your number one item in the stores now. Listen to me: you have to be out of your fucking minds to ignore GPRO heading into a rich holiday season. Also, Chinese retail is on fire too. Post the ridiculous holiday called ‘singles day’, BABA, JD and LITB are being bid up. With almost $2 in net cash and a new deal with BIDU, I like LITB well into double digits.

Moving on, the auto sector will benefit from cheaper oil. I like HAR as an ancillary play off premium auto sales.

Lastly, my favorite high risk/high reward play is BTU. I own a small position and it won’t kill me if I lost money in this; but boy does it want to go. With a GOP controlled congress about to step on the faces of the EPA, I like coal for a trade.

My top 5 positions are GPRO, TRN, ANET, BALT, AAPL.

I sold most of my MU position to bulk up on LITB and buy BTU.