AND THEN THERE WERE ZERO BIOTECH TRADERS LEFT

The Sword of Damocles is striking down, with extreme force, upon the heads of overzealous biotech investors. Why just the other day, a certain someone was masterbating to ESPR, trading NORTH OF $110.

Let’s go to the video tape!  You’re gonna want to skip to 1:45 for the magic.

Today there are dozens of biotech stocks down more than 5%. It’s an absolute bloodbath–one that was desperately needed. As this sector unwinds, you will be tempted to buy dips. I would advise you to exhibit a modicum of patience and at least wait for the margin liquidations to kick in, which should occur about 3 days from now.

I am not immune to this rout, as I find myself down 1.5% for the session. For a person of ‘extreme caliber’ and penchant for the highest of beta, this is a stroll in the park for me. At this moment in time, I find myself diversified and surprisingly prepared for the death squads that will most assuredly visit the lot of you this week.

I’ve been out all day and haven’t checked my emails or Twitter feed yet. I am sure the Debbie Downers are screaming REDRUM at the top of their black lungs, declaring the market has topped out and all is lost. This is idiot talk. Markets go up and then they go down. We’ve had a really good run in a variety of sectors. The flat YTD broader indices doesn’t tell the whole picture.

Nevertheless, I think you go out and buy quality on dips, free cash flow generating machines, like JNS, MUSA, MD, BABA and SBNY, while avoiding the hot money sectors like biotech and solar. Let The PPT be your guide as to when we are oversold. We’re not there yet.

Pardon this lazy yam blog; I’ve been doing research since supper, deep in the comfort of my ‘slack room’.

What I did here is look for small companies, but profitable. They had to exhibit better than 20% annual revenue growth and their earnings had to be consistent. Some stocks are OTC, which is fine since this is merely an exercise. I do not know if these companies are filled with shit. But to greatly reduce that probability, I removed all companies domiciled in China. I really should present this data in a better way, since it took hours of my time to narrow down the list. Stupidly, I am giving you the benefit of the doubt to actually research these stocks on your own, which we both know you’re too entitled to do.

Nevertheless, this is what I have.

VDSI

SLP

SIMO

MNDO

GSB

GTN

GFN

THR

JKS

AMOT

ALG

AGX

AFH

PLOW

NLS

REED

SNAK

AGRO

THO

TIS

NHTC

BCPC

WFCF

FVRG

PRFT

NEO

IBA

BOFI

This isn’t 2014, you insolent wretches. The dark days of Señor Tropicana knifing lower into the muck and the dirt are over. A new year brings new beginnings, conjuring up old habits through ancient spirits and brand new motherfucking financial software.

Sure, there some frustrating sub-factors, such as being stuck at around +15% for the year instead of +20%. On pace to crush the face of the S&P 500 by a mere 60 percentage points has silenced the vast majority of a once vocal “catamite corner” of critics. Nevertheless, rest assured, like the moon and the sun, they’ll be back before you know it. This time I’ll be ready and will physically kill them all.

I added to both MUSA and BCS.

Alas, the spoils of war will be mine, once the decaying corpses are laid bare across the digital field. Men with 4 figure net worths eliminated from the game of play; lonely, desperate and without top hat, they will fixate themselves to a source of supreme authority and expertise: the Imperial domain of iBankCoin.com.

Markets of this varietal, low volatility, 40 points per day gentlemen strolls across Central’d Park, are the bane, a most hated affair, for owners of financial properties, such as mine. When things are on fire (the bad sort of fire), societal upheaval, men clad in burlap undergarments visit websites, such as this, and click merrily on the advertisements on the side and top.  The few women who dare to visit House Fly on stark down days join The PPT and undergo sex change operations,  dress themselves to look like penguins in black tuxedos, and disguise themselves as men to be readily accepted by the vermin who loiter about the outside of our gates.

The reader class, in a frantic mess, in between bankruptcy proceedings, seek immediate council from the boys at 12631 and Mr. J. Kohler in After Hours with Option Addict. In a last ditch attempt to salvage their marriages, they put 100% of their assets in weekly options that quickly and viciously expire worthless. It wasn’t even close.

However, until those gloomy days of joy present themselves, we’re all experts now. The vulgar walk amongst the distinguished, drinking the same champagne, smoking the same cigars. Weekly calls in biotech and solar stocks net tremendous results, leading gold digging wives to request a renewal of marriage vows and subsequent “2nd honeymoon” in a desolate part of the world, somewhere exotic and French. I’m thinking St. Barts.

Everyone is in love, even the reader class.

Comments are now kept to a bare minimum here, as the reader class cavorts amongst the idiots on social media venues, bequeathing expert advice to others on an hourly basis. Traffic is a bit light this time of year until late May, which typically coincides with a full scale assault upon the portfolios of morons. This cycle I speak of repeats itself over and over, in a swooning, predictable, and sickening pattern.

Luckily for yours truly, I have an occupation to uphold, distractions to behold and profits to enjoy.

Early going, the market looks like it wants about 30-50 points higher. As you were.

This isn’t anything new. Markets trade up between January-May with regularity. The perplexity that you interpret is nothing more than child’s play for normal human beings outside your sphere of idiocy. Historically, during the month of April, the market goes up all the time. As a point in fact, its gone up 8 out of the past 9 years. Naturally, being the jerk off that you are, you intend to time the top here, betting on the big drop.

Assholes do things like that, disgruntled, angry losers.

What’s the matter, you don’t like how the dollar is trading or maybe Greece gets you nervous (extra Saul Rosenberg)? Well, fuck off, you gigantic pussy. The market isn’t ever going down, especially not during european QE. Have you not learned to respect the lash?

All that being said, “The Fly” is feeling rather magnanimous tonight, charitable even.

I am going to do you and your ilk a favor, by giving you a stock to make a little money on as you wait for the world to burn. Go ahead and tell your grandmother to buy some JNS. Tell her Bill “STFU Bitch” Gross is in charge of all the bond money and is actively pursuing a scorched earth policy towards his former employers: Pimco.

Tell grandmother to leverage out to the hilt, buy up some call options and spread the news at this weekend’s old aged bingo game.

One last thing, with regards to Exodus: I built it for the chart guys, the ones who don’t like fundamentals because it’s boring. Perusing numbers and reports can become cumbersome, which is why the church of technical analysis is so persuasive in converting people to its mantra. I invite you to change your minds in Exodus.

Do you want to know why I am long SBNY? Take a look at these revenue and earnings graphs.

Now is that a business you’d like to own?

Nice little sell of there at the end of the day. Breadth was 54%, led by gains in basic materials and consumer goods. It felt like the fast money was simply transferring from one retarded space to the next, out of biotech into oil and silver.

This is the 9th day since The PPT flagged OS, 13 points ago in TNA–when the SPY was a touch under $205. This cycle has been a complete winner.

Thanks for playing.

ANF is a deep value retail play down here. I am not bullish on the store, its products, or even the people who run it. I am bullish on the idea that some vulture will find them to be vulnerable and seek it exploit their free cash flow for their own nefarious means.

I added to ANF.

This is exactly what we want to see: weakness in biotech, strength in real companies. Even within healthcare, we are seeing lift in hospital stocks, like LPNT and HCA. This is good.

Oil stocks are running again, which is wholly retarded; but I’ll take it.

For the day I am only up 0.2%, mostly because JNS, BABA, MUSA and LVLT are down–alongside my biotech holdings. My little gasoline play, TA, is running like an Indian spirit again and GRUB continues to make new highs. Admittedly, with oil stocks up here and biotech down, this is a difficult momo tape to play. It is my opinion that both sectors should be avoided, in the interim, for other sectors. Let’s see how it plays out this week.

All I know is that while you toil away at work sharpening pencils for a living, Bill Gross is robbing the PIMCO bank vaults and depositing the money at JNS.

There is a good chance that limited beta trials for The PPT 2.0, aka Exodus, will begin today. First, we will permit tabbed bloggers and other employees of iBankCoin to use it, then friends, colleagues, and finally our enemies. We are fully cognizant of the fact that our enemies enjoy high quality financial software too and will not actively seek to destroy them, as long as they are good paying members of the service.

If you only knew the struggles and agony that I had to endure over these past 5 years, developing the world’s best analytic engine. One does not merely build financial software overnight and then launch it to the masses. It’s a painstaking process, especially since our algorithms are predictive–meaning they have utility and actual use, compared to the shit that is shoveled by our competitors. With the advent of Exodus, I am optimistic that we can raise enough funds to finally complete the Orbital Space Cannon (OSC), for offensive purposes only. We’ve had multiple delays due to Chinese government interference with the sale of their rare earths. However, we’ve recently acquired several mines, domestically, and have made significant progress towards going “online” with the OSC, with the full intent of vaporizing large swaths of malcontents and random persons of disinterest.

The market looks solid, early going. Very soon, all of the things you were worried about will coalesce and get dumped into the sea. I invite you to swim after it and look forward to seeing you drown.

Okay, lots of stuff to do today, people. Let’s be productive and quit slothing about the sofa. Get on the fucking phone and make some friends.