Don’t Waste Your Time

I’ve been spending my day ripping trees out of my yard with my bare-fucking-hands. I imagine the root to be the necks of the person(s) who plague me and I find Skeletor-like strength to uproot it and throw that shit like a javelin (no Lamar) into my adjacent woods.

Nothing is working, consistently. If you insist on buying something, go with AAPL, AMCX or SAM.

Biotech has been great; but God save us if risk appetite is removed from that sector. Those stocks can collectively fall by 70% and still be pricey.

Aluminum stocks are pricing in calamity. CENX is trading at 2008 crisis valuations, as well as FCX (Dr. Copper). Who can trust anything?

I am not going to go headlong into the commodity sector, against the gravitational pull of debilitating deflation.

One stock that offers interesting risk/reward here is SBNY aka “Best bank in America.” All the banks have been hit due to a tightening yield curve. But this is a seasonal thing. Yields always drop in August. If you were a fucking member of Exodus, you’d know this. Nevertheless, and it goes without saying, if TLT drops in September and rates begin to rise again, SBNY will be back to $160.

Off to see a movie.