The One That Got Away

Remember this?

When I look at PPC, it makes me sick, frankly.

I had close to a million shares of the stock long. Why was it such a lay up and how did I allow myself to sell it?

I love impaired industries, not stocks. In this case, protein stocks were all getting hammered because their input costs (corn) were soaring, thanks to drought. I knew that trade was old hat and that Q1/2013 would offer optimism, in terms of pricing and sentiment. Had I held onto my position, I would have made close to 100% by now. PPC was selected over the others because their balance sheet was the most levered. Think of it like margin. The company with the most debt tends to go up the most during times of boom or reflation. During times of bust, they just go away.

If you’re gonna play the dips, cast out specific stocks in favor of whole industries under pressure. I did the same thing with the refiners in 2010 and they are now at new highs. During 2012, I did it repeatedly in coal and could have banked insanity coin in solar, if I possessed the gumption to do so.

The reason why I sold PPC stems from losing focus. I had too many ideas and too many idiots whispering hot picks in my ear. The best ideas are home grown, organic, from the ground up.

On Sunday night I am going to post a few industries ripe for reversals.

We’ve traveled this road before. Don’t fight momentum; the blades are exceedingly sharp.

We gapped higher by 5% last month, entrenching the market in a bullish tone. When markets go up more than 5% in January, historically, they keep going up until May. I want to be very clear about a few jagged points here.

I am long by 105%, been long for weeks. My gains are north of 11% for the year, up 1.75% as you read this piece of internet literature. I have bet my soul on this market. I have placed all of my coins on black and will run with it until it reaches my intended destination.

I am long the very best of stocks: GS, USG, HMC, FBHS, VHC, WETF, WNC, KMB etc.

“The Fly” is coming off of two lackluster years in a row, partly due to distractions, partly due to exogenous circumstances. However, the laws of mathematics are on my side, as I am destined, by right, to enjoy mountainous market gains. You don’t have to bet with me, just don’t bet against me. You’ll get your arms blown off–torso ripped to shreds, dinosaur style.

We’re going up until tax time. All shorts will be disgorged from the market place and monuments will be built for those who played their cards correctly.

You wouldn’t fade a heat seeking missile coming for your retarded Jeep, would you?

Off to throw some jumping jacks at some pikers down by Wall Street, from the back of my 1980’s style limousine, while pumping the song below.

Ciao (the most annoying form of goodbye)

http://www.youtube.com/watch?feature=player_embedded&v=GO_cX8Yh_RI#!

2012 was a splendid year for droughts. It marked the worst drought since the glamor of the Dust Bowl era. Regrettably, it has come to my attention that a great many of you junior traders have little to no knowledge regarding facts, history, common knowledge etc. I insist that you educate yourselves before coming to this site. Practice reading on lesser quality sites first, then come back here for the real deal.

At any rate, I’m going out on an apocalyptic limb here, going long MOS into the planting season. Farmers are going to buy up all of the potash and nitrogen they can get their filthy, manured, hands on. They need to ensure that yields are robust, especially after last year’s biblical dry spell.

Seasonally speaking, Ag stocks do very well in February. They outperform, plainly.

Other Ag stocks worth a look are TNH, CF, AGU and SYT.

“The Fly” is enjoying an excessive Friday, glimpsing from the corner of his right eye at the market barrel rolling higher. Both of my earnings plays, WETF and FBHS, were spectacular. There is something to be said about the Samurai trade too, as Japan is now on a 12 week winning streak, longest since 1959. The Yen is being walked down with honor.

HMC is a top 5 position of mine and WETF is seeing massive inflows because they manage two  very popular Japanese ETFs.

In 2013, I am all about wallboard and kitchen cabinetry. There are homes to be built and old ones to be renewed. When summer hits, hurricanes will splish and splash and knock your stupid homes down. Shortly thereafter, you will require some wallboard, in which case transferring your FEMA checks to yours truly–a shareholder of USG.

AAPL is not participating in the rally and is tricking people into thinking we are done going higher. The Devil just text me “I am now a priest, flipping long to short.”

A great folly.

I blow the smoke from my pipe directly, mind you, into the nostrils of “The Devil.”

http://www.youtube.com/watch?v=GO_cX8Yh_RI

Penises shall be chopped off by way of machinery today. It’s no longer a foregone conclusion, but a real time reality. Brace yourself for the blade and remember the days when your manhood meant something, for you will no longer have it.

Believe it or not, silver.

Stocks

ETFs

Members of The PPT can click on image to access full screen results.

We are no longer in recovery, gents. It’s boom time.

Listen to the FBHS conference call and pray for a dip.

This is so god damned funny, I had to post it with still shots of Sara’s on air strap on dildo.

Is it just me or is this the most moribund market since Hannibal cornered the grain trade just outside of Rome?

I was down 1% earlier, but have recaptured all of the lost coin and sit with a gain of 0.15%. I suppose one could argue that regaining lost ground is “exciting,” exhilarating even. I beg to differ.

It is my God given right to magnanimous stock market gains. When it happens, I am neither surprised or invigorated. It’s normal fare at Le Casa del Fly.

By the way, I am riding my black steed into two earnings battles, FBHS tonight and WETF tomorrow morning. I only expect the best. Anything less than that would be a mild disappointment.

My goal in this life is to make 5% per month. I am not greedy and have never been known to partake in the act of gluttony. Five percent is my demand and I shall have it each and every month for as long as I roam the earth.

NOTE: By the time this post was finished, my gains more than tripled to 0.5%

I realize a great many of you chart-chomping imbeciles scour the market for a certain look. One of the preferred looks is a breakout, following a long consolidation. While you rifle through thousands of charts, by hand, Senor Tropicana presses a button and gets results.

Courtesy of the Godly folks over at The PPT, I present to you today’s “Fly’s Lab” picks, which was designed by yours truly to identify stocks in a long sideways pattern–fixing to break out north.

NTLS
ABMD
ACTG
AMRC
CY
FST
SZYM
STRA