The nasdaq had a decent day today. Inside of The PPT, my 4g index was up more than 1.4%—vastly outperforming both foreign and commodity stocks. Rightfully so, especially since tech stocks have been battered more than any other sector. If this market is going to rebound, tech stocks will lead the way. However, all sectors will participate, so get your fucking lists ready, as if your name was Santa Claus.
The rally will be buoyed by treasury/yen/dollar weakness. In addition, we should see a decent rally in oil, which is why I took down a position in UCO today. I expect to sell most of my recent positions into this rally; but I have not written such prophecies in stone—only cement.
Some of my long positions include BUCY, FLS, TNA, FAS, CBL, BAC, GLW and EWZ.
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My boy Terry V.Kings it on the floor….
http://www.youtube.com/watch?v=6TTGUk0cugs&feature=search
The V.King has two words of advice…PPT it….and V.King it like my boy Terry…I’m out…shout out to the Fly for his ball(zeeeeeee) market call….a little more Terry couldn’t hurt
http://www.youtube.com/watch?v=LCl5uyn5K7k&feature=related
WTF is wrong with Stallone’s face? And who knew Jason Statham was that short?
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Dude the guy is in his 60’s and hasn’t eat’en a carb since Mickey died…
Mantle??
I don’t think it was the carbs. More like, the scalpels.
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Fly, check this shit out. from a distress trader at Barclays. Short CRM debt.
http://www.xtranormal.com/watch/6985513/
Hilarity. (Not as funny as iPhone v. EOS, though)
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That was funny
ha, just like the “I want the apple Iphone 4”
Long MIR, ETH, DSW, MLNX, and EBIX. Short STU and AZO (calendar spread put options, Dec on the far end). Those shorts saved my positions last week and this week. My regret was not getting long PAY earlier. E-commerce is way up in all of the retail sales reports and conference calls.
Seems like Barclays is hiring dumb traders, rationalizing trading decisions with investment style thesis. Hasn’t he heard of short interest and relative strength? Why do you think NFLX went up from 117 to 137 in a matter of few days?
You discount the magic three letters, small pleb…?
AG
AU
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There’s other precious metals left on Mendeleev’s table that have fared better, for perhaps different reasons too. Call it Mendel’s metal meddle.
Too illiquid for the most part, but I like PTM.
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Ammo is the ultimate precious metal for safety.
ha…
great…
Cheers to that. Ammo is the ultimate……
My guns and ammo trump Jake’s worthless gold in times of trouble.
Wrong. They are symbiotic.
A proposed theme song for my friend, A-dawg.
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men with guns and ammo will take gold and everything else from those are not equally equiped..history repeats that over and over
Yeah, that’s what I meant about “symbiotic.”
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Who needs silver? I just buy silver bullets! After you shoot the guy you can dig the bullet out of his lung and sell it.
Denver airport conspiracy?
That is… Australia Antigen?
Moral hazard in Europe. The irresponsible and entitled win again.
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100007444/it-pays-to-riot-in-europe/
Tomorrow we collapse
The people in charge have no idea what they’re doing. “Winging it” doesn’t “cut it”.
This story will have a bad ending for the many, the proud, the stupid.
Don’t know about tomorrow, but do know this thing ain’t over.
Will things get worse from here?
Murphy’s Law reminds us that if things can get worse,…they will.
Aye, aye, laddie. Yer fookin’ darn tootin’!
Off to say seven Hail Marys.
In truth, I think Murphy was simply an unlucky man suffering from paranoia.
I feel tge rallies will be just during intraday action. The bears have big claws. Big money is not betting on the longs.
I agree with Mr. Le Fly. I say we slowly float up or chop through the holiday and the week after. Just like last year. After that, God help us all.
Thanks for the small posting Mr F. Yea, should be interesting with tech.. leading. As a proxy, and using to short, I have enjoyed using SQQQ. It was very very interesting, seeing, SQQQ acting weak before the reversal, and sure enough , tech turned positive. Very interesting stuff, tomorrow, should be interesting depending on data, but I am sure weak data is going to give us another chance to partake in a small/temp. rally.
Good nite all
Fuckery is right around the corner.
They are definitely rehearsing for a long global tour and rumour has it they will have a very large and brassy entourage.
Hello God.
Good luck with your endeavours to produce dinero from air over the next few days. I will toss you an olive branch from my forehead and kiss the Veerhen Mother for you.
GLW looks like a technical setup only an immaculate conception could love.
Pacific ocean journey.
http://www.youtube.com/watch?v=Ebjg8bDyN30
Yipes… creepy but cooool.
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Forget about your troubles now, and just Ride the Worm, my plebs!
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Funny Bonaparte, referring to your betters as plebs.
All I have to do is be better than you*, Southie nazi.
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*(fwiw, “not a stretch”)
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We may chop tomorrow, but we still haven’t formed a nice bottom yet. How many more days until September?………………Fwiw, there is a guy called Terry Laundry, sort of like a Stock Rainman, well he has been calling for a big drop after a peak on August 26 for months…………..also, I wonder, is everyone doing a Pairs Trade of going long the vxz and short the vxx? It sure appears to be the case.
why does TLT go up every single day?
Every. Single. Day.
Hugh hendry, thats why
It’s his dance, damnit.
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The Laws of Mathematics win again
Ahh, today in houston, the weather is perfect, more oil field contracts are inked, and five more 80,000 ton cementers will be built. Ah, its good to be in tbe oil field equipment business.