PIRATE LIFE

I booked the TNK deal, one week +15%, and rolled into a new vessel (arrrr), buying up NNA.

I am looking for $4.5 on this one.

This should be the easiest trade of all time. Whether I get the timing right remains to be seen. But don’t kid yourselves, folks, the world’s central banks aren’t going to let deflation take hold. They are going to fight it until they can’t fight anymore. The proverbial kitchen sink is about to come flying out of the, err, kitchen.

This means QE for Europe, tax cuts/stimulus for China, the Fed talking down the dollar/up the need for inflation.

Post 55% drop in crude, it’s important that you know someone got smashed to pieces on this trade and the move lower was likely exacerbated by forced selling. I read a stat yesterday that pointed to the decline of magnitude that just took place in crude, with 5 previous precedents. In all 5 cases, crude rallied by 50% inside of 6 months, after the sell off.

So, if I am right and reflation is going to happen, what happens next?

-Commodities find a bid.
-The dollar stops going up. I am not a dollar bear because Europe is about to do QE.
-Stocks going apeshit to the upside.
-Bonds get pummeled.

The relationship between the long bond tracking higher with SPY will stop, almost immediately. We are at a tipping point and the long bond must trade lower, or stocks. My position is fairly simple: either TLT drops 15 points or the Dow drops 1,500 points. The market can no longer accept this lack of correlation, based on historical precedence, to continue.

Reflation must happen. Ergo, get your rally caps on.

Top picks: NDRM, TNK, HABT

With futures up more than 100, I think it’s safe to declare victory for The PPT lauded oversold signal, which was flagged the day before last. It’s not uncommon for the algorithms to nail the inflection point on the exact day, or even hour. As a matter of fact, feel free to ask some of our members and they will tell you it’s rather common place.

Looking over the recent data, my near term target for an oversold bounce is SPY to $204-206. If you went long index calls or TNA due to the signal, you want to book gains today or tomorrow, considering the volatility in the markets. Over the past 12 months, The PPT oversold signal is 10 up and 1 down after 1 day, which speaks to the immediacy of the timing. Over the past 3 months, the signal is flawless, 3-0, lasting through 10 days.

Since the average return is 2-4% post signal, one would need to adhere to the rule of numbers, respect the SHOMP and book profits here, and then wait for another OS to pop up again. We usually get one per month.

I could not say it better myself.

Sam Harris=Boss

https://www.youtube.com/watch?v=cC0ePcUhbps
https://www.youtube.com/watch?v=7GBOPhWP0Oc

That is all.

Amen.

Today was nice and everyone made a bit of money. But let’s not get ahead of ourselves. Small capped stocks have been the bane of the market for more than a year. With TLT north of $130, the evil, dark, forces are emboldened to speak through devils, like Rickard Santelli.

I have no reason to celebrate today, just like I had no reason to worry about the past few.

What this market needs is some significant momentum to get the juices going again. How much momo? We need 1,000 points, straight up, led by technology and high beta gambling stocks.

Europe is in the grips of crippling deflation. They need to act now and start to QE Bernanke style, otherwise this rally is toast.

Top picks: homebuilders, biotechs

This shit gets old. Dr. Benjamin Bernanke, from the grave, cold snatched your bear necklace and tossed you into a garbage can.

Fed minutes suggest they WILL NOT move on interest rates before April meeting. Hell-fucking-lo, I’ve been saying this for how long now? Watch the market melt up, super retard style, as if this was a big surprise.

Idiots abound.

After making these buys, I got the distinct feeling of gluttony taking hold of me. Hopefully I will not regret it.

I started a position in XLRN and added to NDRM.

The market gapped higher and you mocked it. You opened your lapped top computer device and logged into your 3 figure Zeeco account to sell it short. After shooting up some heroin and drinking a fifth of vodka, you dozed off thinking the world was your clam–happy as a pig in shit.

Upon waking up, you bore witness to a gentleman rally turn frantic. All of the clam-diggers scratched at the surface and ripped through your account like dumb through religion.

Now your Zeeco account is gone, the needle is dry, and the bottle of Georgi is empty.

The PPT wins again.

While driving in the car, I just heard an unbelievable interview, featuring none other than Montauk Bill Ackman. In this interview, he discussed how the AGN deal wasn’t insider trading, how he’s ‘doing God’s work’ by shorting HLF to zero, and how he has done more for the latin community, vis a vis his HLF activism than the FTC.

It is rich with comedy and will be posted here, as soon as the lazy slobs over at CNBC upload it to their site.

A few bullet points regarding HLF:

-they are going to miss earnings “massively.”

-top distributors and executives have been contacting him and the government to become whistle blowers.

-it is definitely going to zero.

-there is a massive seller in the stock, due to his option montage.

-HLF is Bernie Maddof. Ergo, if you’re a fund manager at Fidelity and do no sell, you will likely be fired.

-Ack gave you plenty of time to sell; but now it’s time for you to pay the price for betting against him.

Part 1

Part 2

Part 3

Just like the old American pastime, “let’s play with chinese burritos”, this game has become a crowd favorite as of late. I just booked a one week 25% gain in BLCM and already have a 3.5% gain in NDRM. In addition to those, I own some other names, all designated for longer term investments: JAZZ, ICPT and SGEN. However, I believe it’s time to play this sector until the wheels fall off the wagon and all of its passenger tossed idly into a swamp strewn with hungry crocodiles.

Using The PPT‘s proprietary momentum algorithms, here are some biotechs that are fixing to exploud to the upside.

CALA
NDRM
CRL
ZFGN
ENDP
AGIO
AUXL
BLRX
MRTX
KMDA
HALO