I DID MY DUTY

Like a good solider, I ran into an enemy minefield and dodged a few dozen volleys of artillery shelling, just so that I could buy a hamburger.

I added to my HABT position. I have 9 months of buying to go.

If you were expecting a new market, with brand new stocked market gains, today you were reintroduced to the torture chamber that is equities. TLT is at new highs and commodities are circling around the toilet bowl again.

It is deflation, gentlemen. Every aspect of your lives is deflating, from your social status, to your adventures at the mall, to your common stock portfolio filled with AAPL. Life, as you know it, is trying to change. But the Federal Reserve and their counterparts abroad are trying to keep the status quo going. They are opposed to a Mad Max world, where human skin is sold on the open market, and cannibalism is considered a legitimate form of sustenance.

When I saw the market +100 this morning, I refrained from celebrating over a nice blog and bottle of champagne. Instead, I waited for the pain and agony to take hold. Now I am here to celebrate, one way or another.

Most of my stocks are lower and the market is doing exactly what it did in 2014.

Surprise and welcome to your funeral.

Following an off year, “The Fly” is geared up (extra commando) and ready to resume his supremacy in the capital markets. The first week of January is always the most important. It sets the tone for the year and is crucial in determining mood and sentiment.

I step forth into 2015, not as a broken man across the rocks and gravel, but one keenly intent on redemption. I am like a shark circling a pirate ship, waiting for someone to take a swim.

Early going, I expect bounce back rallies in a lot of beaten down industries, then more of the same. Remember, earnings are around the corner and these oil companies are going to disappoint and scurry about to raise capital. It would be wise to profit from the coming reflation trade, segue out of it, then re-focus your efforts on industries who benefit from cheap energy.

Cash and half measures are reserved for the weak and mediocre. I am not interested in making a little bit of money, God damn it. I want it all.

NOTE: iBankCoin’s Income Investment Report launches tomorrow. This is a report prepared by Cain Thaler, highlighting dividend opportunities and ones to avoid.

Quit being a cheap ham and egger and hire a driver to drive your drunk ass about town. Next thing you know, your big, giant, fat, head is split down the middle–through the windshield–because you wanted to operate the automobile whilst drinking 40 ounces of malted liquor.

I hope everyone enjoys the New Year’s festivities. If you had a bad year, sweep it under the old 2014 rug and start anew tomorrow. I am very ritualistic on New Year’s eve, for it is the night of renewed hope and reaffirmed commitments.

I can’t believe it’s 2015 already. I remember New Year’s eve, 1999, like it was yesterday, hauling the fucking gallons of water up the stairs, for Mrs. Fly, who actually believed all of the computers were going to melt down because the number “2000” was too much of a burden for our antiquated computers to handle (cue visions of giant IBM computers circa 1955). Me, being a regular jackass, went to go buy them to make her feel happy, safe, and like I gave a crap about clean water and living in a post apocalyptic world.

She doesn’t know what you already know. “The Fly” WAS FUCKING BORN TO LIVE IN A POST APOCALYPTIC ERA, ONE THAT ESCHEWED STRONG MEN AND TRIBAL LEADERS, A TIME WHEN A MAN WITH AN ORBITAL SPACE CANNON (OSC) WOULD REIGN SUPREME AND ALL FELLOW FINANCE BLOGGERS BOWED DOWN TO HIS SUPREME, YET ELEGANT, RULE.

Happy New Year’s.

-Fly
https://www.youtube.com/watch?v=twnUE2yLdZA

This New Year’s eve, my family and I will be toasting to the Ackman’s, whose patriarch, ‘Montauk’ Bill Ackman, walked into 2014 an injured/disheveled man, but walked out a fucking ax wielding viking warrior. Not only did he destroy Carl ‘give me three seats on your fucking board’ Icahn’s stupid HLF short squeeze, he conducted a legal inside trading scheme, by which he allocated 40% of his $10 billion hedge fund into a takeover of AGN, with champion results. Jay Gould, Commodore Vanderbilt and Daniel Drew would be proud.

Some other winners of 2014 include TQNT, SWKS, Airlines, PANW, EA, PPC, AVGO, biotechs, GMCR, NXPI etc.

Semiconductor companies had a massive year, as global demand for electronics swelled to new highs. Truth be told, these parts makers have always been dicey and I am surprised AAPL didn’t squeeze them more. I’d be careful about riding this wave in 2015. We can talk about a thousand different ways 2014 sucked and was awesome. This year can be summed up by two things.

1. Epic breakdown in oil.

2. Amazing melt up in biotech stocks.

Forget about treasuries and Bill Gross’s juvenile lateral move over to Janus. Forget about Yellen, the ECB, Russia and the middled east. What I want to know, heading into 2015, will this trend continue?

Social media took the year off, as well as a number of software stocks. They merely regained lost ground from March’s epic melt down. It was a mixed bag; but ultimately another successful year for Wall Street 1.0.

Cheers to my readers and long term members of iBankCoin’s services and double cheers to ‘Montauk’ Bill Ackman.

Brent oil in a contango will encourage traders to take delivery of crude and wait for higher prices, according to U.S. economist Dennis Gartman.

Brent for February delivery is $6.10 a barrel cheaper than the February 2016 contract. February Oman oil traded on the Dubai Mercantile Exchange is $8.30 cheaper than the year later contract after being $6 more expensive about six months ago.

“Not enough people pay attention to the importance of term structure,” Dennis Gartman, author of the Suffolk, Virginia-based Gartman Letter, said yesterday in a phone interview. “The market is saying it will pay traders to go into storage.”

source: BBG

My favorite way to play this is FRO. Other tanker plays include VLCCF, NAT and DHT.

As long as contango exists in a weak crude environment, producers are going to store their product in these tankers, in order to realize higher rates. This bodes well for oil tanker stocks and their day rates.

Since oil is trading like a convoy, meaning all stocks behaving as one, I expect investors will book losses these last few days of the year and simply buy another like-minded oil stock. For example, if you own COP and have a loss, book it and then buy CVX.

We can talk stocks if you want to, throw out some top ideas for 2015 and waste time. But let’s talk about something important.

NORTH KOREA DIDN’T HACK SONY?!!! Really?

That’s the news. Is it possible that our Grandest of Presidents had bad intel heading into his press conference, where he read off the teleprompter that the bedeviled North Koreans can menace its neighbors with nuclear apocalypse but NEVER, EVER fuck with Hollywood? Frankly, it’s pathetic how influential those dick-grabbers in Hollywood are these days. Back in the old days, Hollywood was relegated to being considered a freak show of sorts, where people would point and laugh at, but never take seriously. Nonetheless, I do not like ‘Golden Age’ thinking and realize ALL PREVIOUS generations to my own was and is inferior on every level, sans bravery. Then again, I invite you to spend 100-1,0000 spare hours reading old newspapers, like me, and learn about how the ‘greatest generation’ during World War 2 were considered to be a bunch of nebulous lazy clam fuckers.

War changes people. In this case, it changed an entire country.

Oil is 100% gay and oil stocks should be taken with a grain of salt. What I mean by that is oil should be in everyone’s portfolio, but to a much lesser degree than before the collapse. At some point, oil will stop going lower and these stocks are going to forklift higher. You’re gonna want to be long for that. Trust in that.

In the meantime, biotech and retail sensitive names are overweight in every growth/momo portfolio now.

Hate is cancerous and spreads like wildfire. Be careful about planting seeds of dissent, hatred, and disbelief in others, for you might regret it later on. It’s fun to talk about conspiracy theories and faux lunar landings; but there are some of you out there who become obsessed with such things and it stifles productivity. I am talking about Federal Reserve, gold bug, Illuminati, New World Order, Bilderberg Group, World Bank, Zionist conspiracy theorist lunatics.

When you dive into that wormhole of dissent, disbelief, you will see everything through a different prism. Some of you believe these “truths” need to be exposed. I contest that if exposing said truths doesn’t have a material positive affect on your lives, you’re better off doing something else.

Believe in people. Believe that there is good to offset the treachery around you. There is a whole world of innovation, competence, creativity and compassion out there. Choose to focus on that, instead of the stuff that will drive you to store gold bars and fucking dried food in your nuclear bomb shelter.

Don’t waste time.

I added to BLCM.

I sold out of most of my FEYE position. Being up a little more than 10% in a stock that nearly destroyed, me earlier this year, has left me somewhat satisfied. Therefore, before things start to go astray once again, I took profits.

With the proceeds, I allocated my January funds to HABT now. I do not want to wait for a SHAK ipo to buy. This stock will be $45 by then.

I also started a position in TPH, as it is my belief that US homebuilders are on the verge of busting loose.

When I buy a stock, I embody said industry. Therefore, it goes without saying, I am now a burger flipping homebuilder.