Trump Threatens to Tax Another $300 Billion in Goods From China; Futures Rise

It’s always fun to see stuff happen that people warn us in advance would be disastrous. Remember the debt ceiling crisis or when S&P cut the rating of US sovereigns or when the government shut down and it was supposed to destroy mankind?

How about Ebola or Greece or perhaps Italian elections, or BREXIT — or Trump getting elected?

Everything means nothing.

“Our talks with China, a lot of interesting things are happening. We’ll see what happens … I could go up another at least $300 billion and I’ll do that at the right time,” President Donald Trump said Thursday.

Negotiations between Beijing and President Donald Trump’s administration took a turn for the worse in early May with the increase of tariffs on $200 billion worth of Chinese goods exported to the U.S.

I’ve come to find out that the market and the economy aren’t affected by anything at all. It’s too big for any one item to derail it. As such, you should go about your lives freely and confidently, knowing that literally nothing can stop it from going higher.

Dow futures are +80; Trump threatens China with more tariffs. More nothing. China is not all that important, after all.

Old man stocks is where you should be focusing efforts now. I know it’s boring — but in 6 months from now many of those boring stocks can be up 25%.

Reason: valuation expansion.

I talk about this all the time in my Capstone sessions.

Low growth value plays do poorly in a rising rate environment due to cost of capital, restrictions on refinancing, mergers, share buybacks etc. But all of that shit goes away with ZIRP. In Exodus you can clearly see with our valuation tools how companies like GIS and PG exploded to the upside after rates went to zero in 2012 and then valuation contracted severely starting 2017, when rates started to really go higher.

With the Fed talking cuts and yields plunging lower — have a look at my old man index. Stocks like CHD pay a fat divvy and its share price performs.

Listen to me.

You’ve been cut off and sent into hell. Once upon a time here I used to run contests and I’d give the winner $1000 in a PayPal payment, until one FUCKHEAD from Canada complained and started making a spectacle of himself in the comments section because of the $30 PayPal fee, calling me a liar for only sending him $970 — demanding that he be made whole with an additional wire. After that experience, I banned all contests on the site and vowed to never do them again.

For the past year or so I’ve been doing FREE TRIALS for Exodus and after a thorough audit come to learn many of you have been abusing this system. It got so bad, people were creating emails telling me to fuck myself, and gaining access to my high IQ stock picks and algorithms. Those days have ended. I can tell you now, Le Fly is on the verge of multiple winships of extreme magnitude. I just got word from the Benz dealership that my car’s engine isn’t any good and needs an absurd amount of work to fix it. Whenever I’m plagued like this, stock market winship is just around the bend.

My next point is succinct, because of the free trial abuse afflicted upon me, I will now afflict injury to you by withholding my stock picks. This might seem like a trivial thing now — but wait until the fires are burning hot and the people are in the streets with their canteens dying from thirst. Le Fly will now only offer his high IQ picks to Exodus members only.

Membership does have its advantages.

Oh, my Quant was up nearly 100bps today, encroaching on +19% YTD.

Retribution will be had, and enjoyed. Markets rose today, but might fall tomorrow. Let’s see how it plays out.

GOOD DAY.

We have a broken arrow situation in the oil pits, with oil men throwing themselves down dry holes to extricate themselves from misery. Simultaneously, people in tech-land are high on DMT and baby blood buying semis.

HELLO!

Crude

Semis

Stop fighting the inevitable. Stocks cannot go up while crude is getting hammered. WTI touches down on a 4 handle tomorrow, and you’ll learn the hard way.

NOTE: New iBC policy dictates NO FREE STOCK PICKS FOR GRIFTERS on the main site anymore, or thru summer. Also, NO MORE FREE TRIALS FOR Exodus. The time for half measures and free shit has ended. Time to pay the toll, whether you like ir or not. Or, you can wallow there by yourselves and shrivel up and die, account bottoming out at zero without the grande recursive help of Captain Le Fly.

Here you go — fuck off already. Market goes down for a week and this moron’s $10b dollar equity income fund is freezing redemptions. The logic is shit tiered. He claims other people are running down his stocks because they know he’s getting slammed by redemptions. His fund is down 7% for the year. The Exodus Quant is +18.3%.

At any rate, the Britcuck goes on to lament his disposition and promised to redeploy assets IN THE SAME MANNER BEFORE, the manner in which yielded a -7% YTD return, but in more liquid securities — shit in the FTSE 350 or even 100!

There you have it folks.

If we ever really go down, the world is going to burn with redemptions.

Wrapping up my last public trade here on iBC, I am happy to report a 21% profit in NUGT and since the trade has already been closed, I am also happy to report a 6.4% overnight win in ROKU. See pal, that was for Exodus members only, not you losers who come here in the hopes of siphoning high IQ stock advice from a space alien magician (SAM). You can try all you want — BUT EXDODUS FREE TRIALS ARE CLOSED NOW and probably won’t open ever again.

You fuckers have had it good, real good, for too long — coming to this denizen of win — hoping to feed off the pieces of flesh that I leave in my wake. All of that is over now. You want picks: PAY THE TOLL. If not, you’re going to be shining my shoes.

Good Father?

Fuck you, go home and play with your kids.

Moving on.

WTI is sinking and stupid people are out there now shitting on themselves while placing orders. Be on the lookout for a downside reversal.

Chairman Powell is like a mad musician playing on a grande piano in a grande hall, in front of all of the finest, well bred, people. As he plays his magnificent Steinway piano, they cheer for him and toss roses onto the stage and the lights are gleaming bright and he could feel the heat from the lumens shining onto his face — and he plays one masterpiece after the next and the Wall Street argot burps and hollers and asks for “moar” so he plays until his fingers are red. But they want “moar”, so he plays and plays and plays until his fingers begin to bleed and his back tightens up from the exertion. But the crowd wants “moar” and Chairman Powell wants to please them, so he finds it in him to play another and another and another…

Futures are +82, but gold is the main show here — +1.46%, busting up against 5-6 years of resistance.

Be careful — because both oil and bond yields are lower.

Happy trading.

NOTE: NEW POLICY ON IBANKCOIN. FLY TRADES WILL NOW BE EXCLUSIVE ON Exodus AND Exodus FREE TRIALS HAVE BEEN ELIMINATED. GOOD DAY TO YOU.

Just when the market looked like it was readying to tip over and fall into the blades — BAM — it breaks the fuck higher. Nothing is stopping this stampede of buyers from foraying around and imposing a deep hegemony upon the heads of the shorts. I was mindful to not buy anything that could sink lower on me and feel good about my prospects, albeit I’m underperforming.

I am net long and that’s the way life should be, unless of course we’re barreling towards perdition and the credit crisis that began in 2007 reemerges with a fresh black bloom of doom.

That being said, markets were non-stop to the upside today — because that’s what it does after brief periods of under-performance. If forced to guess, I’d venture we’ll continue higher tomorrow. But just in case, you should have hedges and also lots of cash. This is one big ass white candle and the technical damage is still present and ominous.

But today was a good day, great for some, meh for others. In the span of an entire year, it’s just another salvo off the bank shooting left into the ocean to be eaten whole by whales. You small pikers out there get to nibble on chum and small morsels of shrimp every so often.

Enjoy.

iBankCoin policy update: No more stock picks on free site and free trials for Exodus will be ended tonight. Grifters are to blame. Be well and fuck off.

Let me get some news out of the way first. Powell is sucking Wall Street’s cock today.

Powell began a speech Tuesday in Chicago by addressing “recent developments involving trade negotiations and other matters.”

“We do not know how or when these issues will be resolved,” he said in prepared remarks. “We are closely monitoring the implications of these developments for the U.S. economic outlook and, as always, we will act as appropriate to sustain the expansion, with a strong labor market and inflation near our symmetric 2 percent objective.”

Powell’s comments came at the “Conference on Monetary Strategy, Tools and Communications Practices,” a kickoff for an examination the Fed is conducting this year about the tools it has to meet its goals as well as the way it is communicating its actions to the public.

Markets are +400 and everyone thinks they’re going to make it.

On the issue of Exodus — two things to note.

1. We are in the middle of a total rewrite. It won’t be called Exodus anymore — BTW. Total upgrade, full monty, greater product coming your way for the same price.

2. Last year we started doing free trials for the product, in spite of the fact it would attract a certain amount of grifters that are in fact incorrigible.

I was right, sadly. Fuckers started to make fake emails — scheme in various ways to extend their trial and not pay the price of admission. Since I’ve been operating for over a decade, I have enough data on record to show me grift vs disinterest. You Sirs are grifters of the lowest order.

Right now, as we speak, FREE TRIALS ARE BEING FUCKING ELIMINATED from the game of play here. I’ve provided you fucking faggots with countless hours of entertainment, top shelf financial commentary, and of course stock advice — always steering you towards high probability strategies and away from trading like morons.

DO THE QUANT. DO THE QUANT. I BUILT IT AND IT’S WORKING. COME SEE IT IN Exodus.

And what do you do to thank me? You fucking steal from me — like little greedy midget thieves stealing bubble gum in a store. For the love of war, the platform provides endless data and a massive community of traders for $1.36 a day — and you thought it’d be nice to simply take out free trial after free trial after free trial — because “The Fly” wouldn’t mind — because he does this shit for fun and for charity.

Fuck off. Trials have ended. Go in peace.

Not impressed by this open and feel it could be short lived. Yesterday before the close, I stepped in and bought TQQQ. Today I sold it for a +4.5% profit.

Oh, that’s right — you didn’t know about it because, as I said yesterday, I’m taking the summer off from providing you fuckers with free stock picks. You savages have had it good for too long — getting fat and greasy off the land of Fly — siphoning my high IQ trading and pretending it was your own. Well, I’ve got news for you bucko — if you want high IQ stock advice, you’re gonna have to get in line and join Exodus — just like the rest of the rats.