Buyers shut it down to close out the week. Net-net, we’re down a touch on the surface, looking at the lazy Nasdaq. It was all but over after the Nonfarm Payroll data.

It was an interesting number to watch hit the market. Futures were already up about ten points, and about 5-10 seconds ahead of the number buy flow was already rushing in. Price jerked right up to one of my homework levels and whipped a 12 point counter rotation from it. Buyers stepped up on the first dip and assembled two more smooth pushes higher.

After the open we formed a nice compression near opening swing high and had a small thrust before lunch/tee-time.  Summer trade ensued. It’s 85 degrees today it feels like the fourth of July people.

All the while, all week really, stocks started to coalesce into textbook bullish technical patterns. Mark my words closely, write this down: the real money is made Monday.

Go HAGWE Dominator style.

PS – The Exodus (formerly known as PPT) flaggest oversold yesterday if you had the brass to sit through this mornings data.

The market is doing this little wiggle, ever so poetically, that completely mesmerizes me. I gaze at these charts and my hyper-critical eye sees little-to-no flaw whatsoever. Everything’s tight, and right. It’s like a greatest hits album out there.

But I have to control myself, temper my impulses to buy, because there’s a joker on the horizon. Tomorrow isn’t promised. After all this is May and there are waters to sail and garden parties to plan. So I sit and wait and hear about jobs. But not the farming jobs, we couldn’t care less about farm jobs. Those are for robots and migrants.

People overestimate their importance, forgetting how the horse was replaced by the auto. Now what work is given to horses? They are mostly novelty—commissioned to compete as entertainment. I digress.

Don’t be a hero tomorrow. Let the big guys slug it out for the first hour or so, then as the dust settles start looking for your spots.

Yes yes, this beautiful day is merely transient, right? Today is just a momentary reprieve before inevitable death. But that is exactly what makes it special, smell those roses boy.

The good days, if you don’t revel in them a bit, then all your brooding on the bad days is certain to create a mortal imbalance.

By means of super computers, I’ve managed to position myself in a manner that avoided most of the pain delivered to bulls this week. My book sort of sat around waiting for its shot at glory. Well here we are. This market is rewarding growth prospects as long as they don’t report earnings.

Look at YELP today, Stoppelman is once again a hero. GoPro looks lovely, three cheers for beer!  Elon made it through earnings relatively unscathed.  That ought to frighten bears a bit.

Remember this: tomorrow decides this week’s battle. I’d advise against shooting from the hip unless you have a compelling reason. However, come sunrise this whole ship could launch.

The pole is climbable. He’s a man, he bleeds.

Some of these stocks are hard.   They came up from destitute environments, deprived of modern niceties that make most you suckas soft.

I happen to be the owner of several of these stocks, and perhaps my ultimate correction comes later this week. Tomorrow isn’t promised. Perhaps my lashings were sufficient Monday and Tuesday. Whatever the reason, today was pleasant.

Maybe they’re raising the water temp nice and slow so I don’t jump out of the pot. It feels nice. TAP traded higher today after BUD threw down a solid quarter. Despite the craft beers and mustachios, BUD is making better margins than ever on their golden lager drink. TAP is better, if only for their brilliant packaging.

Other, far more risk tolerant names, stock whose tickers I’d only mention away from the mischievous eyes of predatory algos are holding up well too. It’s whispering.

The indicies say I’m doomed, but my positions say hold steady, mate. So I shall.

Seller capitalized on the slippery footing presented to market participants this morning and volatility inched higher for a second week. This Nasdaq is threatening the very livelihood of bulls.   Bulls, are you feeling threatened? Are your doors locked?

There’s a joker in the deck, and as the week grows older the odds of it showing its silly face increase. Friday we hear NonFarm Payroll data. The anticipation of said number may start to quiet things down. Problem is, here we are, down on the lows. If we are the muddle about, down here, it will only serve to start severing the supply lines of bulls in momos.

Then archers will start picking them off, one by one. The little baby grazers are easy picking when they’re upwind and the sun is low.

I am super selective here, with exposure, but nevertheless took some FBs. Now listen to me, Mark isn’t like the others, he has a big heart and it’s all in on Facebook, his mark [hehe] on history.

Now I insist on drinking Coors light from high speed bullet cans while peddling a stationary bike to 150RPMs. Jim Cramer, dance on the teevee boy, entertain me.

Just like last Monday, here we are, closing on session low after a strong morning. Just like last Monday the open had all the hallmarks of a drive, only to fizzle. There’s something about it, it feels spongy.

Sure, I have a couple of stocks up over ten percent today, but like any hamburger eater I want more.

I bought beer today. The entire world could go to shit and beer would still have a market. People quite love to inebriate themselves. Yes, the traitors at Budweiser have a stock that looks like death heading into earnings. But this is a pickers market, and that’s why TAP appeals to me. I also like their Rocky Mountain cold activated bullet can-bottles, they’re the perfect sports drink for on the go types.

But listen to me, these index moves are whispering caution already, on Monday. Fast or slow, it doesn’t sit well with me, yet. Developing…

With temps on the rise and sports captivating Americans like never before, beer stocks are looking good. It was good to see America punch the face off of the Philippine congressman. Our nation must be entertained and will forgo feeding their family proper nutrition in exchange for barrels of beer and pay-per-views.

Soon boats will be filled with inebriated jackasses looking to take advantage of the promiscuous implications of being at sea.

There’s more going on, sure, like the complete and total destruction of social media and mobile phone stocks. So keep an eye on the clowns still sporting a stupid valuation in this space. They will be corrected.

Weekly Strategy Session subs, I’ve toiled away in a boiling hot office all weekend to present the finest ideas, forged in the furnaces of the mothership, with the implicit intention of banking coin.  Enjoy.

Was that the most orchestrated bit of horror we’ve seen or what? Here we are, May the first, everything has changed.

Everything.

The concerns of yesterday have entirely vanished. Bulls came to their post this morning, batted back a few trace arrow bullets, and then everyone went to the golfing course for some recreational cannabis and alcohol.

Note: Exodus nailed the oversold mark on semiconductor ETF $SMH yesterday, to the day, another win for the space magician’s brain. If you’re not trading with robo support, I have no sympathy for you, you will succumb to the caprices of other robots.

It won’t take much now lads, to trigger a chase, v-shaped winship, I can feel it in me bones.

Top picks: EXAS and Financials (any bank or bank like entity, but cappuccino to my head,  I’d say FAS, JNS, and C).

You may be wondering to yourself, this Raul feller seems to have an idea what’s going on, but Sam Hill if I know what it all means.

It reminds me of a Bruce Lee quote:

“It’s not the daily increase but daily decrease. Hack away at the unessential.”

I have been doing lots of hacking away lately. Over the last several weeks, I cut my day trade types from nine to three, and I may even go down to two.

But there are a few things I cannot do away with. One is the Weekly Strategy Session score. Each week the auctions taking place in the major indices are scored and amalgamated with Exodus. Thus, once a week, I distill thousands of stocks and the broad markets into one, little, number. HACK.

It tells a story. This week it said be patient in hunting longs, and only scalp on the long side, don’t try and be a hero. Pair that with my trade types, and I have a robust approach to trading the market that only requires my action 2-3 times per day.

Don’t think I’ve escaped this week unscathed though. I bear the wounds stopped losses. Today’s cuts were CHGG and the FAS long I was working.

My other tool, Market Profile, it has me a bit leery. The footing below is soft. We may have seen enough from buyers at the close to turn this thing, but it marks the 4^th time this week they’ve had to catch a knife. They need to hold this one, flip it, and start poking holes in the bears ASAP.

Four down days in a row here, off contract high, in the Nasdaq. It hasn’t been entirely orderly either. There have been flashes of order flow. At first, bulls were combating with equally responsive aggression. They did so three times.

But here we are, on session low again.

Dove le bulls?