LOOK AT ME — VICTORIOUS

If you glanced at me trading yesterday or a member of Stocklabs inside of our BASED live trading room — you might’ve thought ‘this man is ruining himself and on the verge of blowing up’ — but the exact opposite occurred. I bogged myself heavily int losses of the largess varietal — down by 2.2% at the session lows. But instead of acquiescing to the unfavorable easterly winds, I leaned in and bought more — reducing my losses to just 1.2% for yesterday’s session.

Overnight, it appeared I was to be dispatched by the morning, as futures languished lower and my exposure was 135% of equity. But as fate would have it, as it always does, I ended up wantonly victorious — closing the session +55bps.

My bias is for freedom — long $RUM and some other names — traded $DWAC today and made money twice in it. I get the sense that the tides have shifted and very soon dark clouds will bellow atop the Biden administration and very soon, once deposed, prisons will be filled with registered democrats and others of their ilk — men and women who have worked to destroy the nation shall be destroyed themselves.

Trials will of course be for show.

I’m optimistic about the future and that ought to be priced in — Pax Americana armed to the hilt — angered and seeking justice. Perhaps in a best case scenario we can annex northern Mexico and keep our political prisoners there.

Food for thought.

See you catamites on Monday.

I was 135% leveraged long into today, almost certain I’d get tossed into the fires of discord and torched — but I was spared. The Gods looked down at me and showed me favour. I extricated myself from this WHORE of a tape +33bps, now all cash.

My biggest gainer was in $RUM, the freedom network. I still own it for my strategic account and feeeeeel it’s worth $15 by summer.

I have nothing else for you now, other than to inform you that I’ve been saved, selected by the Gods to preside over the market wantonly successful.

Since it’s Friday and I don’t feel like spoiling the gift horse, I’ll remain out of stocks till later this afternoon.

Good Sirs —

I’d like t skip today’s market discussion in favor for something that has been vexing me for some time now: The Great Lie of the 1929 stock market crash and subsequent “Great Depression.”

Horrible Trader, 1929

A great man once said “History is written by the zebra for the zebra” and this wisdom places itself in the center of the propaganda that encapsulates the market crash of 1929 and the economic depression thereafter. Before I delve into the details, I’d first like to illuminate the fact that wealthy people did quite well during the 1930s and it was the poors, aka the zebra, and bad traders who got fleeced in 1929.

Let’s examine the details.

S&P 500 returns from 1928-1938

So let me get this straight. The market ROSE 43% in 1928 and fell 8% in 1929 and I am supposed to feel sorry for some losers who zeroed the fuck out and tossed themselves out from windows? An 8% decline isn’t worthy of a footnote, let alone the endless books and movies decrying it to be such a horrible crash and the beginning of the end for America.

It was so bad, in 1930 the market fell a harrowing 25%. Can you believe it? To be fair, the -43% COLLAPSE in 1931 is certain cause for alarm, especially after the 1930 drubbing. But as you can see in 1932 markets consolidated and TOOK THE FUCK OFF in 1933, achieving a 50% return, pausing again in 1934, and then set on fire again in 1935 and 1936, returning +46% and +32%, respectively.

The stories we had been told were lies. In fact, dare I say, we’ve been through worse markets. Did oil ever trade NEGATIVE $37bbl in 1929? I think not.

Check out what we went through from 2000-2002:

2000: -37%

2001: -33%

2002: -37%

In 2008, we lost 42%.

My point is — the very worst stock markets in history were temporary declines and if you were trading back then — they’d be easy to navigate. Granted, I got caught flat in 2000 and wiped myself out clean — wrote two books about the ordeal. I was sad when it happened and I cried like a bitch when I lost it all. But I was very young then and inexperienced. I deserved to lose it all because I was a moron. Morons deserve to lose until they become smart.

Nothing that occurred from 1928-1938 is remotely interesting, or noteworthy. It looked like a normal tape, ups and downs — fortunes made and dashed. Easy stuff.

Back when Romney was trying to defeat the anointed one — a layup trade based upon the whims of the polls was coal. The “clean coal” fad was in full swing and Romney made promises to keep churning out the black in spite of ecological risks. I vividly recall banking coin in that trade.

During every election cycle there are pro democrat and pro republican platforms that move in sync with polls. Barreling into the 2024 elections, censorship and government bootlicking is on the menu — with Google as the elitist incumbent drawing in all of the ad dollars from trans-aggressive corporations like $TGT and $LMT and the dissident right upholding the tenets of absolute speech bleeding out losses in companies like $RUM.

I cannot think of a higher beta play than $RUM, especially since the censorship of social media, including X, is pervasive and contrary to the spirit of a free republic. The idea that some blue haired lesbian should be able to dictate what is permissible to be monetized or seen by the masses is exactly where Youtube is now and every single person on the left is on board with that — because freedom of thought and ideas is dangerous to their world views.

Logic does not exist on the hard left, only feelings and sentiments conjured up in fairytale book fashion — fixed by the bubble they live in — denizens of ill repute — crowded cities filled with the very worst people ever born.

Both $DWAC and $RUM are, perhaps, the only plays for free speech this election cycle. I am long $RUM.

As soon as the market opened I panicked and closed out my shorts. The rates are down and my semis are flying. I don’t see any near term benefit for being obstinate about it all. I know just yesterday I was the biggest bear on the planet, sent here directly to destroy the stock exchange. But today I am just an ordinary bull who happens to also be long shares of $RUM and hating it — off by 5.5% for the session. I knew I should’ve sold it when I could; but I liked the whole idea of “BASED MEDIA” which is probably more likely to go to ZERO and completely shut down than thrive.

The simple fact of the matter is — the right wingers are mostly without money, poor, and haven’t any money to finance project like the tech rich left. The paradigm of wealth has shifted dramatically over the past 30 years and all of the money and influence is now embedded with the government friendly NATO loving libtard left.

Because of my ideologies, I am down 70bps for the session, still bedraggled lower by shares of $RUM, which I really hate right now but hold on only because of my stubbornness. That is likely not to last long.

In summary, I became a bear too soon and have since TRANSITIONED BACK to a bull, fitting in with everyone else — buying tech stocks and rooting for the bad guys.

My last post, dubbed “The Semis Will Go Up Forever” was the actual top in this cycle. It was a half serious blog painting a wondrous picture of gay giraffes prancing about the migrant adorned American landscape amidst honeysuckle vines and cotton candy clouds — grass as green as dollars.

Throughout the session, I wobbled and weaved and eventually came to terms with who I really was: a permanent BEAR– sent to Earth to destroy the stock exchange and western finance as we know it today. I heaved into $TZA and $UVIX with alacrity, paired wonderfully with my semi longs and my declarative statement of truth and freedom via my $RUM position.

I can only hope for the eventual collapse of the NASDAQ, sparing only shares of $RUM — a dissident video platform of banned YouTubers broadcasting live their illegal viewpoints about how things are and how they ought to be.

I closed the session DOWN 10bps, a mere pinprick in a tape dreadfully malevolent and difficult to trade. I am now NET SHORT to the tune of 30% of assets with my dearest hopes pinned on the idea, but not limited to, a cracking of the stock market — reflective of the times we’re in and an important statement as to the wrongful direction we’re heading.

I am long $NVDA in the kids’ trust account from the 100s and have often thought about selling it — since the price is up so much. But then I am reminded of AI and all of the autonomous applications that will provide chip companies to grow in perpetuity. Long gone are the days of commoditized chip prices, price collapses caused by over-capacity at the foundries. We are now in a different realm, one that both appreciates chips and appreciates its prices too.

You can peer across the landscape towards names like $AVGO, $ASML, $LRCX, and $AMD and find nothing but splendor and decadence and things will continue to remain that way — all because of this new realm we’re all in now — a time and place where valuation temporarily disconnects from historical norms in replace of grandeur.

You can bellow about a bubble all you want but just know that your government is watching you closely and keeping tabs of your comments in both public and private venues — all thanks to the semiconductor industry — fighting hate speech and far right ideology one metric tonne of silicon at a go.

Yesterday before the close I really increased my risk profile heading into today, thinking perhaps it was time to get a real absurd rally to the upside, perhaps celebrating the end of the Biden regime.

Alas it looked promising as NASDAQ futures climbed above +100. But I ended up going completely to cash again, following yet another sell the open collapse, booking gains of +37bps. For the month, I’m now up nearly 5%, close enough to my goal of achieving a 6% gain per month because I fully intend to double my account in 2024.

In short, my risk profile is back to averse. The small caps are like lead balloons in this tape and every time they look to breakout — they collapse.

Larger caps are fine and generally make new highs daily — but they’re not nearly as fun.

I’ll get back into the market later this afternoon.

BIG tech is the preferred conduit for the pro-censorship bureau of truth that rules dominion over all western governments. We often hear about Chinese social scores and how oppressive they are, subjugating their people to wild ideas such as family, honor, and other conservative ideals. Yet here at home you cannot say anything untoward the elite and the rules always change and there is never fair warnings — just punishment. They lure you into their ghettos and then they judge you. Once you cross their lines, they punish you via “demonetization”, declaring “hate speech” to be undesirable.

Meanwhile, in the real world — hate speech is exactly what drives humanity forward. One way or another, hate for your enemy will be the only way to escape from the shackles of oppression.

Did George Washington not hate his enemies? Did General Grant not hate his southern brothers enough to commit genocide against them to “win the war?”

History is marked by violence and triumph, not peaceful protest.

Meanwhile, we have SHORT SQUEEZES underway in two platforms that actually let people say what they want and let the marketplace of ideas be the barometer: $RUM and $DWAC.

Rumble has been targeted by short sellers and cabal lovers since it came public. Up until recently the stock had been hammered to record lows, amidst a heavy cash burn rate and main stream Wall Street hated for the platform, all but assuring once their ~$250m cash haul is expended — the company is likely to burn all the way to zero.

The other is Trump’s Truth Social, rallying for obvious reasons.

Youtube is the most oppressive of all social media venues and Musk’s X initially fashioned itself as a platform for free speech — but since October 7th and criticism of Israel went viral on the platform — things have changed on the platform and many influential users have been banned and/or demonetized. This is the same racket Youtube has been imposing on its creators for many years and the question that seems relevant now is ‘is there a marketplace for a true free speech platform like $RUM or is the only form of media friendly enough for advertisers is one that is heavily curated?’

More on this point: are media platforms too dependent on advertising? Perhaps if $RUM and others like it charged users a modest monthly fee to access the platform, like $NFLX and cable, they could build upon a predictable revenue stream and disconnect entirely from the banks who seek to control them.

A minor retracement day — nothing to get too upset over. I see the US 10yr is +5bps again and now people are losing their shit. The closer we get to the prime home sales time the more anxious Wall Street will become over the specter of a FULL BLOWN COLLAPSE. Last year we thought the rates might have a deleterious effect — but it didn’t and because of that housing stocks boomed. Let’s see how people are fairing this year, after absorbing an entire year of high rates.

One could only surmise there will be, at some point, EXTREME tolls to be paid — people tossed out from their homes into the gutter for missed payments. The rates are TOO GOD DAMNED HIGH. Does anyone else see this as a problem OR is it just me?

I’ve been listing all day, down 42bps for the session. I do not have the testicular fortitude to sell short mid-afternoon. We are likely to see 30 green candles into the close today, as it is customary in this market to do so.

We are in this repetitious cycle of false collapses, fake bad news, real bad news that does nothing, deluded people clamoring for something substantial to happen and meanwhile NOTHING HAPPENS but the semis continue to reach record highs and the people from the Amazon come streaming into the country INVITED by the most evil people in the world. There isn’t a single person in power willing to stop it and we are of course satiated by the length of our live’s coupled with the wee bit of comfort we enjoy — thanks entirely to the record high stock market. In a generation or two, the nation will be torn asunder amidst rapes, murders and pillaging throughout all urban centers — the very testaments that proved we were a great society will be our downfall all because of compromised men in power were blackmailed into compliance and no one was there to remove them.

In the end, people get what they deserve. If Americans are so weak as to allow the Barbarian Hordes rum over them — perhaps it’s a good thing the HAN CHINESE are ascending and will create a better world order than the bullshit we have now.