The Neutral Day Strikes Again

CEMENT THIS BEHAVIOR INTO YOUR BRAIN, it always riles up traders’ emotions aka creates opportunity:

According to succubus theory the best momo stock setup going into tomorrow is long GPRO. Believe me—this new dichotomy of trading stocks is tough for me to palate. But then again I eat a massive bowl of spinach covered in unfiltered flax oil and lemon juice every morning. Sometimes I throw in a few forkfuls of sour kraut to stimulate the ole’ economy, if you know what I mean.

This is ugly trading designed for practitioners with the iron stomach and testicles of a similar fortitude.

To the interzonal (real word?) trader goes the spoils—you are extracting money from this market intraday. To the passive investor, this noise likely doesn’t register, his market updates come from paper news? To the flip flopping swing trader, demise is near.

I am close to cutting SCCO. It shows signs of a bearish breakdown. But then I remembered the succubus and how charming the short copper trade must look right now and I thought, “Let’s give it juan more day.”

Look at what AMZN did on the cusp of breakdown, look at the GOOG, the NFLX (which came down and stopped me out, chagrin!). Flip the market on its head. “Fun-gu-la” in Chinese, which funny enough sounds like “fuck you” in Italian. Slightly different annunciations occur, but I digress.

Summary: This is OPEX and its January, everyone is out there performing like it’s the god damned Super Bowl. Their careers are on the line. Expect drama, just don’t succumb to it, mates.

#Neutralized

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