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Daily Archives: March 1, 2016

Trump’s Super Tuesday Acceptance Speech

Donald Trump laid into Rubio and Hillary Clinton in his winners speech, equating her to being an incompetent hack, while Rubio is persona non-grata, a major party controlled lightweight.

Look, he’s gonna build a giant 1,000-mile long wall and have the Mexicans pay for the damned thing. If China could build a 13,000 mile wall using donkeys and wheelbarrows, we can handle a 1,000-mile wall with Caterpillar tractors.

It’s gonna be fantastic. The best ever.

This is just part 1 of 3. My god damned laptop is crashing out on me and I am literally seconds away from smashing to pieces this $4,000 apple piece of shit. I’ll throw parts 2 and 3 up when I can. They were supremely entertaining.

The whole set up was great theatre, from an uber confident Trump to an imposing Governor Christie in the background with the poker face.

Here is part II.

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Crazy Cruz Takes Texas; Socialist Sanders Takes Oklahoma

These two clowns just won a few redneck states. Bear in mind, no country would ever elect either Sanders or Cruz. Nevertheless, the carnivale continues.

Clinton just made her speech and she sounded competitive vs Trump. I cannot wait to see those two tee off one another.

UPDATE: Ted Cruz takes OK too.

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Trump Takes Virginia; Rubio Embarrasses Himself Across the Nation

First of all, who in the hell would vote for Rubio? He’s like a Cuban Obama. Have any of you seen this complete ridiculousness that embodies the very essence of who this man-child is, in the debate vs Christie?

Trump just took Virginia and will take all of the state, except Texas–which is leaning towards Cruz.
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Virginia has gone to Trump, which was claimed as sacred ground for the assclown in chief, big ear’d Marco Rubio.

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On the democratic side, the evil bitch, H. Clinton, looks to make roadkill out of Bern. The whole “Bernie Sander is gonna beat Hillary” charade was faux drama, concocted by the Clinton machine.

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Crude Sells Off After API Data Shows an Absurd Build in Inventories

Don’t concern yourselves with this news, lads. It was only a build of 9.9 million barrels of crude being added into inventory for the fucking week.

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Place that atop of the 7.7 million from last week and we could fill a swimming pool, or two, with the oil and light cigars inside of it, while playing with matches.

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Experts Everywhere Agree: The Bottom is In!

That was a hard racked recession. It lasted all but 8 weeks; but it was the hardest and most arduous 8 weeks of my entire life. Lads were swimming about the frigid waters of Princeton, NJ in search of fish to feed their families. Local townspeople were strewn out across the Small World Coffee outpost, with broken brokerage statements in one hand, a pink slip from their Bakken oil field operations in the other.

I, as an onlooker, was powerless to effect change. I took to the internets, like a modern day Robinhood, to take from billionaires, like Broadway Bill Ackman, placing sums of coin into the pockets of my readers, so that they might buy themselves a luxury or two. A soda pop here, a bag of popped corn there.

All that in mind, markets soared today, in magnificent fashion, higher by 348. Gains were abundant everywhere, even for Pershing Square. The late date reversal we all bore witness to in VRX, going from $59 to $65, was nothing short of a miracle, equal to that of Moses parting the red sea. If, by chance, you were a devil atheist before today, you should be convinced hitherto now that there is a supreme being watching over us.

The internet agrees: the bottom is, inexorably, in.

The Bubble Basket inside of Exodus moved higher by 3.65% today. And, the GARP portfolio, which is a semi-annual actively managed portfolio by yours truly was +1.9% to the good.

Rejoice and pop champagne corks into the faces of the most vicious of bears. They can do nothing other than sit back and watch you pour the liquids of success over their childish heads.

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Trump Setting Up for Yuge Super Tuesday Win

Voting commences today in 11 states, stretching the nation. Despite widespread media hatred from both sides of the aisle, the often derided, seldom beaten, Donald Trump, obstinately, looks ready to babality the remainder of the GOP contenders, paving the way for his inevitable GOP nomination.

Recent polling suggests he’s up in every state but Texas, which is becoming more and more meaningless as the world turns.

 

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I don’t care enough about politics to offer a strong opinion. I merely gravitate towards the person who can offer me the most entertainment. Hillary Clinton is the very definition of ‘boring as fuck’. I’d never want to see her corrupt looking bureaucratic face on my teevee, telling me about her plans for war.

Fuck that. No interest, whatsoever.

I want the guy who’s gonna build a fucking wall, God damn it. Trump plans to bestow upon this great nation a modern day marvel, one that will last for eternity (or until someone blows it up) and have our impoverished neighbors to the south pay for it.

‘merica, gilded.

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Deutsche Bank Suspends Coverage of Valeant Pharmaceuticals

Firstly, I’d like to acknowledge the excellent work of Citron for calling the bear case on this before anyone else. The stock has fallen 200 points from its peak and it looks like things are entering the final stages of the prolonged drama.

In light of recent events, the fucktards at Deutsche Bank are suspending coverage on the stock, because they haven’t the slightest clue of what the hell they are doing.

Via Briefing.com

Valeant Pharma: Suspends coverage following 10-K delay, removal of ’16 guidance — Deutsche Bank

Following co’s decision to delay in filing its 10-K, Deutsche Bank suspends coverage on prior Hold rated VRX. Firm has long been skeptical of the VRX business model that had formerly depended heavily on fast-paced acquisitions, aggressive cost cutting, tax arbitrage, aggressive US price increases, and a heavy debt load. As co transitions to more of an “organic” execution and de-leveraging story, it will become increasingly important, if not crucial, to be able to track co’s financial performance. With the stock having sold off significantly, and with some other analysts having become more cautious, they would acknowledge that the risk/reward profile of the stock has become more interesting.

Today’s downward move equates to another jaw dropping $100 million loss for Pershing Square.
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A Supreme Melt Up is Underway

This rally has everything to do with a sigh of relief that the economy isn’t falling to pieces. The economic data has been inspiring, which is forcing money back into stocks. Remember, there has been a capital flight out of stocks since the year began. Lots of that money found safe harbor in government bonds, which are being taken to the woodshed today.

The rotation is in effect now, which is supremely bullish for equities.
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Also, a vital and key component of the market, autos, demonstrated a strong hand this morning, reporting excellent auto sales for the month.

As such, the price of palladium continues higher.
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Some of my favorite ancillary ways to play the autos are HAR and CMI, both strongly higher.

It’s worth mentioning, since we’re on the topic, the transports have been behaving magnanimously.

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Most impressive are the gains being enjoyed in the banks, up to the tune of 3.8% in certain regional plays. This is a full blown, cocaine infused, Wall Street shindig. My only reservation is the tepid breadth, standing at just 76%. I’d really like to see it over 85% in order to exact maximum pain amongst the bear population.

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Shares of $ASPS Are Being Poleaxed After 10-k Delay

There isn’t a worse feeling in the world than seeing your stock being drawn and quartered as the overall market defies gravity and soars to the delight of a very ebbullient and self gratifying crowd of barbarous men.
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ASPS requested the delayed filing in order to complete impairment testing and valuation analysis of goodwill, intangible assets and long-lived assets in its Technology Services segment and to complete its financial closing procedures.

The Co currently anticipates that the analysis will result in impairment losses of up to $80 mln as a result of the testing and valuation analysis.

The Company intends to file its Form 10-K on or before March 15, 2016.

This company was entangled with OCN and their subsequent SEC investigation. They’re also based out of Luxembourg for Christ’s sake.

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