Markets Don’t Give a Shit About Your Feelings

We’re nothing more than the sum total of our experiences, the things we’re privy to and the ideas that are conjured, based off our inputs. It is, by definition, limiting. The market, on the other hand, encompasses all human knowledge, in a never-ending pricing mechanism that condenses all thinking into a singular composite.

Your ideas and your plans made sense, up until the point when the market disagreed. You cannot fight the trend and it’s foolish to entrench yourself in bad trades. Whatever ideas you had, shelve them, and join the sheep. That’s where the food is to be found. You’ll thank me for this advice for the balance of your lives.

I sold two underperforming stocks now — because if a stock isn’t rallying today — it’s a dog. Out with TME and UXIN for 5.5% losses.

On the buy side, I bought SONO, HUYA, and YEXT — all 5% positions. Current cash position is 0%.

I’m trying my hand at TLRY again — long the pot smoking fools of Canada and America. Also, I sold SEND for +7%.

This is a beautiful market and nothing can stop it. I have only 5% cash and I am swimming in gains today. I might allocate the last morsel of my cash into something magnanimous. Stay tuned.

As always, trades are first alerted and discussed in Exodus.

A CNBC reporter just tweeted out Trump might meet with President Xi in late February to iron out their fucking differences and perhaps ink a new trade deal. I have a strong mind that ignores this sort of poppycock as exactly that — unfettered rhetoric designed to lull plebs into a thick sleep with extra sauce.

I’m told the two sides are discussing a possible meeting between Trump and Xi in late February after the Kim summit, which would presumably take place in Southeast Asia. Exact location and date still TBD. https://t.co/8CQA5HcKf9

— Kayla Tausche (@kaylatausche) January 31, 2019

No thank you — fuck you very much. You don’t have a deal, Mr. President. And because you don’t have a deal, you delay and tell people you’ll need to meet with Xi in February, in order to mash out the finer details — because you and only you are capable of grasping the intricacies of global trade between two massive economies. All of your trained economists are god damned morons, incapable of finalizing a trade deal. We’re so fortunate, in this regard, to have you there at the mast, negotiating on our behalf.

Nonetheless, stocks are likely to rise today. We are seeing a divergence between the Dow and Nasdaq — but I don’t think it’ll last long. People are cold and angry. America is being punished by the Gods through inclement weather — because we are an evil sort of malcontent. We have nothing better to do than buy stocks and increase our insatiable appetites for greed. We’re all fat chocolate pie eating slobs, shimmying throughout life with giant asses and false noses. Disgusting, really.

Gold and silver are through the roof this morning. That is the single best asset class right now.

Top pick: NUGT

This is the perfect sort of post you send to a friend and laugh at the author for being such a fucking idiot, as to buy in “at the top.” This, of course, is predicated upon the idea that said author, is in fact an imbecile without a specific skillset of banking coin in market. One might surmise a recency bias in the authors trades and conclude a pervasive and infallible trend, when in fact, over a long time frame, this is counter-reality and not a good indicator at all.

What I am getting at, in no uncertain terms, is this:

Bet against “The Fly”, lose your house, kids, cars, job etc. Your whole shit will get wrecked.

I bought the following:

bot $SPOT, $GRUB, $SQ, $FTNT, $SCWX

Largest holding is NUGT. Riskest plays: DTEA, JVA, APHA.

It’s a lot to accept and I’m more than okay for you to fade this call. Truth is, life is a series of pre-meditated gambles. Might as well move like a bitch on the pussies who can’t hold their butter.

Shorts have been annihilated. I expect another BIG WHITE CANDLE on the Nasdaq tomorrow.

Pray tell me, isn’t it the job of the Fed to see stocks trading higher? Let’s not stand on sentiment here and pretend the Fed is supposed to ignore stocks. The job of the Fed, listen to me, is to see stocks higher.

This gent disagrees.

Fed went from 4 rate hikes to zero and from balance sheet reduction on autopilot to flexible. All in the course of 1 quarter.
Just pitiful.
The Fed is the market's bitch.

— Sven Henrich (@NorthmanTrader) January 30, 2019

But no one gives a shit what he thinks.

I’ll buy stocks after 3:30. Gonna wait for the sugar high to wane.

Okay, I realize I am buying when I said before I’d wait until after the Fed. Fuck off. PYX and other pot stocks are lifting off. I want my share of the smoke. Pass those gains over here son — and let me smoke it up.

No offense to gentlemen gay guys of course. You’re just as depraved and obtuse as the average straight guy, sloppily sashaying throughout life with nothing more than cock and balls on his mind.

I’m not trading today — because it is Fed day and I am very afraid of buying into intra-day rallies that can swiftly reverse lower on news that the dot plot is, once again, a go.

Bear witness to the present trading range and know that it is typical and almost a mirror image of what occurred several months ago. Only this time, we threaten, menace even, to break higher — supported by crude.

FAGbox

This area of chop is where most people get mangled and killed. It’s never pleasant, nor easy, to trade inside of it. If you’re a PM, this is a wonderful time to build positions and accumulate shares, with an upside bias. Naturally this could all turn to shit and we can be having a totally different discussion if Powell ruins this soiree. My natural bias is to be skeptical of buying in after a 10% lift. I do believe we’re due for a correction. But I’m open to anything and have no issues being 100% bullish, providing prices continue higher.

Listen to me you fucking imbeciles. If the prices are going higher, you should be long.

Humans cannot survive in -50 weather. Agreed? You can’t plant crops, run outside with your dick out procreating — can’t do shit. Agreed? With that logic, assuming there is some mythical being “in the sky” who somehow created the fucking universe, one must deduce that if he is bombing you with frozen thermostats now — he hates you.

Plain and simple.

Look at the places God is punishing today.

All of those places are shitty areas in the country to live, let alone attempt to raise a family. If, by chance, you live in Chicago — not only do you have to deal with thugs mugging you for your Canada Goose jackets now and a murder rate that would make the devil proud — but now you have inclement weather that belongs in the fucking North Pole for the penguins.

Simply put, the midwest isn’t a very strategic or important area of the country. It is filled with mountebanks — men and women who escaped the east coast because they were poor, on the run from the law, or too dumb or lazy to make it all the way to California.

So we’ve been coddled inside this FAGbox for the better part of the past two weeks. In what can only be described as an incredible reversal of fortune, bulls stand to, yet again, enjoy yet another ill deserved rally. Since this is Fed day and Powell is a FUCKING IDIOT, it’s also possible we might McPlunge lower on rhetoric that shit is so norm right now — the Fed is back on track with hiking rates according to their fucking dot plot.

You should prepare yourselves for that eventuality.

All that aside, both AAPL and BA is helping the Dow jimmy higher this morning. But I’m more interested in oil, junk bonds, and small caps. Feast your eyes on the IWM today, FUCKED FACE, and be sure not be gamble too much all at once.

Barreling into today, I am 65% long, 35% cash in trading — 100% long in Quant. In the Quant account, it’s built for defense this month and has only gained ~4.5%. In an typical month, +4.5% is something to jerk off to. But not this month. Had I been in all growth, said returns would be 11%.

Prepare for a big breasted breakout today. Get your tits ready.

Here is the set up.

We’re in the range of chop that serves as resistance. Also, we’re coming into former support on the QQQs at $160. You want to listen very quietly to the Apple conference call tonight, and bear witness to their disgrace. Analysts will want to know how sales are since their warning. Tim Cook will tell them that things look soft, and then try to highlight strong sales in services.

Ignore this as nonsensical garbage.

Stocks should, in theory, revoke all of the gains enjoyed during the month of January and retest the lows. However, before we get there, we need to see technical damage and a breakdown in oil and junk bonds. I believe they’re both intertwined, so once oil cracks — so will HYG.

I sold out of W and COUP for a wash and added to my NUGT position. Only gold has consistently made highs without dramatic flair or pause. I am 35% cash in my trading account and tentatively bearish. Due to recent developments in getting whip-sawed by trades inside the 3x universe of fucked up products, I am revoking access to myself until the QQQs confirm a break lower — under $160. There will be plenty of money to be made in the middle, roasting the fat stomachs of bulls whilst smoking their ashes in our pipes. No need to be early, for the year is long and filled with terrors.