Trump Smacks the Shit Out of Chinese Solar Exporters — 30% Tariffs Imposed

Trump is making America great again, one middle finger at a time. After the close it was announced the President approved a crippling 30% tariff on solar wares entering the country — all but fucking the entire industry that is dependent upon cheap as shit Chinese panels. This, of course, will serve as a great and wonderful boon to American manufacturers, something most Wall Streeters and fuckhead bloggers couldn’t care less about.

Here’s Bloomberg describing protecting American jobs as a negative, especially for assholes who import shitty Chinese panels.

The U.S. will impose duties of as much as 30 percent on solar equipment made abroad, a move that threatens to handicap a $28 billion industry that relies on parts made abroad for 80 percent of its supply. Just the mere threat of tariffs has shaken solar developers in recent months, with some hoarding panels and others stalling projects in anticipation of higher costs. The Solar Energy Industries Association has projected tens of thousands of job losses in a sector that employed 260,000.

The tariffs are just the latest action Trump has taken that undermine the economics of renewable energy. The administration has already decided to pull the U.S. out of the international Paris climate agreement, rolled back Obama-era regulations on power plant-emissions and passed sweeping tax reforms that constrained financing for solar and wind. The import taxes, however, will prove to be the most targeted strike on the industry yet.

“Developers may have to walk away from their projects,” said Hugh Bromley, a New York-based analyst at Bloomberg New Energy Finance. “Some rooftop solar companies may have to pull out” of some states.

Fuck renewable energy; we’re gonna dig for bricks of coal. Also, we’re gonna frack the shit out of America’s virgin lands until the drinking water combusts.

Here’s how the solar industry shakes out, so you can get a better idea of who will get fucked most.

After hour’s trading in solar is a mixed bag, with ‘Merican companies ripping higher and the Chinese slumping into shallow graves.

DQ -9%
SUNW +13%
RUN +6%
RGSE +30%
JASO -2%
FSLR +6%
VSLR +11%

Any questions?

Today we celebrate the death of the bitcoin, while soaring to new record highs on the Dow. I am out on the road right now in a locale that is without internet access, so I had today’s closing blog telegraphed into Princeton,NJ, which was then received by one of my char-wallahs, who then quickly jotted down all of my notes for your viewing pleasure.

Listen to me absolute faggots: there is nothing you can do to stop stocks from screaming higher.

Stop.

Stocks will continue to hit new records each and every day, in spite of the Orange Ape in the White’d House or anything else for that matter.

Stop.

Stocks love when the government shuts down.

Stop.

Stocks love when the government doesn’t shut down.

Stop.

Kodak is cool, all of a sudden.

Stop.

“The Fly” is positioned for extreme winship, regardless of your opinions and feelings.

Stop.

Oil is going to trade the fuck higher; meanwhile inflation is non-existent. Everything is perfect. Life is a dream.

Stop.

The Exodus overbought signal was right again; eat a dick.

Stop.

You fucking assholes are starting to piss me off.

Stop.

Cocksuckers, quit trying to stop the destiny of the market and that of iBankCoin. We’re building a dynasty of winship, multiplied by anti-faggotry on an industrial scale.

Full stop.

So many wonderful things to enjoy out of greater China. I have a particular affinity for their stocks, always bamboozling up and down Wall Street.

Just this morning, I purchased some SECO, who fancies themselves to be “the Ebay of China” and also rumored to be involved in the fantastic blockchain.

With all of these buzzwords, I can’t see how I can lose.

I’m in at $11.67, looking for $500 short term.

It was fun while it lasted. I’ll probably lose all of the money I tossed into cryptos soon and I am okay with that. It was fun, adventurous, but now it needs to end — for the good of humanity and banking.

With some of my cash, I bought NUGT. I’m thinking all of the HODLers will sell out of their ETH and BTC and roll into gold. Nah, just kidding. Those people don’t have the slightest idea how to buy gold, even if they wanted to.

I just like the chart. Gold has been trending higher for 6 month, slowly but surely — like a fucking turtle.

I’m in.

In the heat of the moment, I got myself into a bunch of bullshit stocks that have gone lower on me. I chose to cleave those positions this morning, exorcizing TZA, WATT, and SHLD from my portfolio of shit.

I haven’t mustered the gumption to replace them yet, but I am optimistic that the rally in stocks isn’t finished. However, aside from OSTK, the crypto proxy rally is on hold. Replacing it are biotech stocks, thanks to a few big deals this morning. I do not like chasing biotechs, so I won’t do anything there.

Sometimes the best trade is to do nothing, sort of sit around watching things. I wouldn’t consider myself to be a voyeur, but I am very inquisitive and always mindful of my surroundings. Right now the money is flowing into healthcare and basic materials. Since I have plenty of the latter, I’ll just wait around for those to shoot higher and maybe dedicate some time looking over a few thousand charts. God how I love gazing into charts and their trendlines, almost as much as I enjoy cranking my car in the morning cold, especially when it whipsaws back and breaks my arm.

Ladies and gentlemen,

It was fun and grande while it lasted — but all good things end and so will the wondrous world of crypto trading. Very soon, all of the financial illiterates trading in and out of shitcoins will be dispatched to the shitheap of time — an indecorous denizen befit for scoundrels and mountebanks. All of their plans for success and riches will make way for a miserable decline, a failure supported by and fueled by a credo that is just as ruinous as it is ridiculous.

HODL.

The mission statement for these upstarts is “HODL”, hold on for dear life. I am almost certain the large VCs who wanted to get liquid on the masses started this meme in order to keep the sheep corralled in a nice barn whilst they lit fire to it. It is the epitome of stupidity, holding onto a security just for the sake of doing so, ignoring all of the tenets of money management and fiduciary responsibilities.

One could argue the entire crypto currency asset class is one giant ruse, designed to “trick and trap” fiat haters, bankrupting them in the end. Sure, many have made fortunes long Bitcoin the past 3 years — but the vast majority of new money is invested at these levels and higher, HODLing with every inch of their existence, eagerly awaiting new riches to befall them.

I have news for you HODLers out there: you’d be better served to HODL your testicles than any of those cryptos right now — for they’re in heart attack drop mode and there’s nothing you or your stupid friends can do about it.

Don’t worry, I’m not going to start ranting about how wonderful it’d be to have the government shut down permanently. There’s only so far a glib joke can go and I know we need those absolute shitheads for a number of reasons. However, it would be nice to see this shut down last a bit longer — just to see all of them sweat. Right now they think it’s cute in a ‘ha, ha, we shall stick it to the Donald’ sort of way. But they haven’t though it all the way through, considering the fact that the Donald truly doesn’t give a shit and is only in it for the ratings. Next thing you know, people in wheeled chairs are being kicked down sewer pipes, summarily eaten by alligators and the lights in DC turn off during the State of the Union, whilst Trump continues his wonderful speech with a singular candle lit underneath this chin — scaring the fuck out of America — causing scores of old fuckers into cardiac arrest heading straight for the mortuary.

Dow futures are down 70 and markets look just fine — like they’re gonna kick some people in the balls type of fine. Bitcoin is at $11,200 and struggling to stay above water. It won’t be long now until we see the complete and total annihilation of the dick HODLer’s en masse.

Here’s some other news to start off your meaningless days.

Juniper Networks upgraded to Outperform from Perform at Oppenheimer
Freeport-McMoRan downgraded to Neutral from Outperformer at CIBC
Esperion Therapeutics downgraded to Neutral from Buy at Citigroup
Apple downgraded to Neutral from Overweight at Atlantic Equities
Juno Therapeutics to be acquired by Celgene (CELG) for $87/share in cash, or approximately $9 bln
ServiceNow target raised to $160 at Mizuho
Lennar upgraded to Outperform from Neutral at Credit Suisse

Living just 40 minutes from Philadelphia was a culture shock for me when I first moved here. All of the locals are Philly fans, teams that, as a New Yorker, I’ve always deemed to be evil. As the years went on, I began tolerating them and now even root for the Eagles. Let’s make one thing abundantly clear, I do not bother to sit down and physically watch fools ball games — for I am too busy for that. I merely listen to the scores when they’re announced on the radio, on my preferred classical music station, and offer a slight, but generous, nod, spiritually congratulating them on continued success.

Moving on, cryptos are getting murdered again and I truly hope this is the end of the investment class. While it’s true, I own some shitcoins and truly enjoy trading them. However, they’re a blight on my mode of living. I cannot keep trading 23 hrs per day and expect to enjoy my winnings, to any large degree. Once the cryptos have been wiped out and all of the little traders disintegrated into dust, the world will be a better place.

Dow futures are off by 53 and oil is flat. The government has shut down and Tom Brady is still the best quarterback to have ever donned a fools ball jersey.

The government is now shutdown — thank heavens. If you’re even remotely interested in DC politics at this stage of the comedic narrative, you missed the joke and are now wasting time. If markets pullback due to a government shutdown, which should temporarily hit GDP, buy that deep with all of your might — because it will be worthwhile.

In the meantime, I wanted to review my crypto-proxy trading over the past month and change. I challenge any of you midgets to dig deep into your archives and try to come up with anything remotely close to this magnificent display of stock’d market superiority.

All of these trades are posted in real time in Exodus and emailed out to subscribers who opt for the service.

bot GCAP @$8.33 on 11/27/17
sold GCAP @7.27 on 12/22/17
-12.72%

bot MARA @$4.80 on 12/11/17
sold MARA @$5.78 on 12/15/17
+20.4%

bot GROW @$4.79 on 12/11/17
sold GROW @$5.92 on 12/14/17
+23.6%

bot XNET @$14.71 on 12/11/17
sold XNET @$17.40 on 12/14/17
+18.3%

bot PYDS @$2.85 on 12/12/17
bot PYDS @$3.15 on 12/20/17
sold PYDS @$2.50 on 12/22/17
-16.6%

bot SIEB @$11.16 on 12/15/17
sold SIEB @$17.01 on 12/18/17
+52.5%

bot LFIN @11.75 on 12/15/17
sold LFIN @18 on 12/15/17
+53.2%

bot TEUM @$0.79 on 12/15/17
sold TEUM @$1.35 on 12/18/17
+71%

bot NXTD @$1.74 on 12/18/17
sold NXTD @$7.70 on 12/21/17
+343%

bot GSUM @$9.09 on 12/20/17
bot GSUM @9.39 on 12/21/17
sold GSUM @$11.25 on 1/10/18
+21.6%

bot QIWI @$14.45 on 12/20/17
sold QIWI @$14.22 on 12/22/17
-1.5%

bot FH @$1.57 on 12/21/17
sold FH @1.23 on 12/22/17
-21%

bot XNET @$13.89 on 12/26/17
sold XNET @$16.36 on 1/2/18
+17.8%

bot MARA @$4.61 on 12/26/17
sold MARA @$4.17 on 12/29/17
-9.5%

bot CNIT @$1.72 on 1/4/18
sold CNIT @$3.27 1/5/18
+90.1%

bot CCIH @$2.03 on 1/4/18
sold CCIH $2.96 on 1/5/18
+46%

bot IZEA @$4.85 on 1/4/18
sold IZEA @7.63 on 1/16/18
+57.3%

bot RCON @$1.55 on 1/4/18
sold RCON @$1.71 on 1/12/18
+10.3%

bot NCTY @0.81 on 1/5/18
sold NCTY @$1.40 on 1/16/18
+73%

bot KBSF @$4.40 on 1/5/18
Open position

bot INPX @0.22 on 1/9/18
sold INPX @0.30 on 1/10/18
+36.3%

bot NETE @12.24 on 1/9/18
sold NETE @$10.60 on 1/16/18
-20%

bot DPW @$2.24 on 1/10/18
sold DPW @$3.06 on 1/10/18
+36.6%

bot NXTD @$3.32 on 1/10/18
sold NXTD @$2.55 on 1/16/18
-23%

bot SRAX @$5.63 on 1/5/18
sold SRAX @$5.64 on 1/16/18
+0.1%

bot RMGN @$1.00 on 1/10/18
sold RMGN @2.21 on 1/11/18
+120%

bot CNIT @$2.78 on 1/11/18
sold CNIT @$2.68 on 1/18/18
-3.5%

bot XNET @$15.74 on 1/17/18
sold XNET @$17.03 on 1/18/18
+8.2%

bot OSTK @$69.55 on 1/17/18
sold OSTK @$77.69 on 1/18/18
+11.7%

bot PPDF @$7.08 on 1/18/18
Open position

bot CNET @$4.48 on 1/18/18
Open positon

bot AMCN @$1.29 on 1/16/18
Open position

bot LEDS @$4.38 on 1/17/18
Open position

This is, by far, the most prolific I’ve been since early 2010s. I got a lotta more for you — completely and thoroughly tuned in. The Pelican Room inside Exodus is the most busy it has ever been, with hundreds of messages and trades posted per day — maybe thousands. Our servers are taxed to the max — forcing me to seek help to repair the fuckery that is our server set up. Join us, especially if you’ve got something to contribute.

Good news fuckers, the S&P 500 is ‘overbought.’ Based upon the laws of mathematics dictated by Exodus, that means we’re heading, the fuck, higher.

View the math.

Time to get back to trading cryptos. I now trade 23 hours per day and leave 1 hour for sleep and light reading. I am presently reading A Farewell to Arms — a fine story about a loafer getting blown to smithereens in WW1.

None of my positions did particularly well today, a rather glum and moribund existence for me in equities, which is why I am intent on making it all up in shitcoins.

I am very b00lish on STORJ.

Ciao.