BURN

It was a very fanciful quarter. I hope you enjoyed this version of capitalism, as markets careened lower then picked itself up to soar to new heights. Sure, this was standard operating procedure for many years. We’ve just been a little spoiled by the manipulation and absence of volatility.

Nevertheless, my core thesis remains deeply embedded in the fundamentals.

As such, I am here to remind you that you have, all of you have, just 3 weeks to leave the stock market–or else burn in the fires of vengeance. This Federal Reserve trick of playing good and bad cop every other day, menacing us with sticks, then placating us with carrots, is going to blow up–as sure as I’m sitting here. The next time Yellen offers us one of her carrots, it will be a stick of dynamite and we’ll all blow up.

Ironically, due to Exodus, I am long SPY now, so I don’t mind a little upside. My XLE short will work, providing I am afforded enough time to see it through. If you recall, I am mitigating risk my limiting my holding period to just 10 trading days. 2016 is something of an experiment for me, so bear with the methodical nature of my robotic investment style.

Deep down, all I want is for the market to burn. All of the perfidy and corruption and seasoned mountebanks need a comeuppance. God willing, all of them with suffer greatly, and soon!