IT’S TIME TO GO FULL MANDARIN

This just out.

China’s manufacturing activity grew at its fastest pace for six months in June, suggesting that recent stimulus moves have started to have an impact.

The official purchasing managers’ index (PMI) rose to 51, from 50.8 in May.

The PMI is a key indicator of the sector’s health and a reading above 50 shows expansion.

China, the world’s second-largest economy, has taken various steps in recent months – including cutting taxes for small firms – to help boost growth.

Last month, China’s central bank said it will cut the reserve requirement ratio (RRR) – the amount of cash banks needs to keep in reserve – for banks engaged in lending to agriculture-related businesses and small companies.

China’s central bank, the People’s Bank of China, said it would also encourage banks to lend more to exporters to boost shipments.

In April, the government said it will cut taxes on small firms and speed up the construction of railway lines across the country.

The government has also announced plans to build railways, roads and airports along the Yangtze River – which connects China’s less developed inland provinces to Shanghai.

China’s economy expanded at an annual rate of 7.4% in the January to March period, from a year ago, down from 7.7% growth in the final quarter of last year.

Get long Chinese burrito stocks with reckless abandon. I am long LEJU.

The market barely budged, yet 90 of the 100 stocks in David Einhorn’s ‘bubble basket’ went nuclear to the upside. I have so many names ready to bust loose, a cornucopia of future winners. It’s ridiculous, really. I am going to post about 10 of them inside of The PPT this evening, as a reward to the initiated, not you bedraggled misfits.

I have a better mind than to waste my time speaking to microbes. But I can’t help myself. I’m addicted, like a garbage man picking through his treasures, or a pharmacist making believe he’s a doctor for all of the elderly women in wheeled chairs.

THIS IS WHAT IS GOING TO HAPPEN NEXT.

We are going to see a spectacular event in the market, within the week, if not sooner. All of the heavily shorted stocks will ‘harpoon’ higher, nailing those short to the bottom of the ocean floor–with the rocks and clams. All of the people on Twitter, the Wall Street 2.0 crowd, will cease offering financial advice and go back to the slums of Canada to play hockey.

Le Fly will be victorious, triumphant even–amidst great gains and greater violations against international laws of war (extra mustard gas).

There is some decent pin action in larger cap growth names today, like BID, SLCA and GILD. However, the lionshare of the action is in the low volume trash, the sort of stocks that one buys for his mother in law, on margin. I am close to making a trade, out of one stock and into another. I had to ban one of you, a regular reading class chap who kept pestering me about the virtues of TSL versus his beloved CSIQ. Understand something, I don’t give a shit about your stocks and I will never, ever, ever ask any of you vagabonds for financial advice. Moreover, I’ve stated here numerous times that I am ripping and running. I am not in these names to vote at the annual meetings. I am here, moonlighting, making back my losses and that’s it.

CREE looks interesting down here, as well as OAS and WETF. Actually, there are lots of stocks that look good here, so you shouldn’t bother holding onto dogs, unless you really like them.

More on this later.

With German and French 10 yr yields comfortably below 2%, heading into the balmy summer months of 2014, doing “The Hugh Hendry” or getting long US treasuries as the deflationary vortex grabs hold is your no brainer trade of the summer. You might be able to make 10-50% on a wide array of solar and chinese burrito stocks. You might enjoy the lavish accoutrements that this planet has to offer after a gigantic biotech win. But no trade is as simply and seemingly assured as getting long TLT as July progresses.

Any dip shall be purchased with extreme vigor and perverted intentions.

Over the past 12 years, during the month of August, TLT has gone down twice–in 2012 and 2013. In both years, the bond ETF fell a little less than 1.5%, not including the 0.3% it paid out in monthly dividends. I believe this year will be different than the past two. I believe, with every fabric of win in my body, that bonds will continue to go higher because the government cannot afford for yields to go up. Plain and simple.

My strategy will be to enjoy my wins; but steadily divest myself from equities over the next 5 weeks until I am overweight TLT for the month of August.

All of you come here wanting stock picks. If not here, you venture off to Chess, RC, OA, Caine, Raul or some other person hiding in our midst (no gorillas). You demand that we make you money in return for your base ingratitude. At the very least, the lot of you should be knocking on your neighbors doors, demanding that they read the site. I didn’t start this blogging experiment for no good reason. There was a distinct foul smell of talentless rabble permeating throughout the financial web when I started and it still exists.

I like to peruse Business insider; but those guys do not offer advice, merely stories about hookers and hedge fund managers.

You can try your luck on Twitter, hoping to hop onto someone’s back, praying to the Lord that they are responsible stewards of money. But the truth of the matter is, Twitter is nothing more than a nomadic experiment in incompetence waiting to be proved out.

There is only one, singular, site on all of the internets that does it all: offering sage advice, by extremely talented managers, not to mention prose that is fit for the Ny Times best sellers list. And that is iBankCoin.com.

I tell you this because you need to be reminded. I remind you because you need to be told.

That is all. You may proceed to roast marshmallows over your stove top, like a gluttonous pig.

Silver +27%
Gold +18%
3-D +17%
Biotech +11.5%
Computer peripherals +10.5%
Home Healthcare +10.3%

How many computer peripherals/home healthcare stocks are you privy to?

More on this later.

Worst performing sectors

Marijuana -13%
Nuclear -6%
Processing systems and products -5.6%
Food-Major diversified -4%
Beverages–wineries and distilleries -2%

NOTE: Chinese burritos generally outperform in the month of July, historically.

Data provided by the glorious and exalted robotic think tank of The PPT

I am bored of the stock market and have decided to call it a day. The rest of you may spin your wheels to your heart’s desire, trading in and out of soon to be defunct biotech names. As for me, I am going to eat a protein bar and do a few dozen chin-ups.

Either way you slice it, it was a good week, despite RUBI taking a dump out. I had been up more than 10% on the position and now I am flat. It sucks how that happens. But this is the profession of men, a job designed to destroy the weak and aggrandize the brave. I am not scared to hold onto names that others discard, unless of course they threaten my very existence (see Four Horsemen of Financial Ruin).

I have a plan and it’s aggressive. Then again, I’ve never been one to shy away from a bit of panicked anarchy, a time bomb hidden inside of a birthday cake that I intend to eat. Sure, every so often, the cake will detonate and I will lose a limb, or three. But I’ll always come back, to the same place, to eat the same cake. It’s who I am. Now who the hell are you?

I’ve been allocating a portion of dollars, mainly new money, into a 5 year program, built around 5 stocks: OZM, SLCA, CHK, GILD and BID.

And finally, I really like this PE, as oil prices fix to crush the Americans with Iranian submission holds. Any successful e&p company is worth investing in, especially with oil upwards of $105.

Have a great weekend.

If The Option Addict tried to pick a bad stock, he couldn’t. You good folks should go mosey on down to his bloggeries, for it is on fire.

As for me, I realize I’ve been checking in late into blogging work as of late. Please do not fire me, sir, my poor dog lost three of his legs and I had to sow sew them back on.

I’ve come here today to discuss one singular topic. I am not going to discuss the merits of TSL, RBCN or even RUBI.

I’VE COME TO DISCUSS THE MERITS OF IFON.

Granted, it is a micro-cap stocks, stuck in the sewers of man. But it is a real company. As a point in fact, it is a verykool company.

Here’s the latest snippet from last quarter’s earnings:

“We are pleased to report a third consecutive quarter of profitability,” said Joseph Ram, president and CEO of InfoSonics. “Sales in the first quarter grew 49% over the same quarter last year, gross profit grew 50% and operating expenses declined by 6%. Unit shipments during the quarter rose 51% compared to the prior year. Most importantly, we reported a large swing in profitability by turning a $709,000 loss in the first quarter of 2013 into a $55,000 profit in the first quarter of 2014. Also significant, in late March we secured a $2 million bank line of credit that will provide future liquidity, together with the arrangement of $4 million of credit insurance that will enable our manufacturing vendors to extend credit to us that was not previously available.

Trading less than 1x sales, growing revenues in excess of 50% per annum and profitable, I’d say IFON is one hell of a cheap micro-cap. But what do they do? That’s the best part of the story.

Based in the decadent confines of San Diego, USA, Infosonics travels deep into the jungles of the Amazon to sell them “Ifons”. As a point in fact, they sell them “VERYKOOL” ifons. Persons of South American origin: I demand that you acquire these ifons, not just so that I might benefit from an explosion in share price, but for society as a whole. You do not need rotary phones any longer and public pay phones are demeaning. Get yourself a Verykool phone and everyone will think you are, umm, very cool.

NOTE: At the time of this post, Le Fly owned close to a million shares (extra Dr. Evil)

All of you wretched people were praying for the worst, hoping Le Fly would capitulate, check himself into a nice rubber padded room, and live out the rest of his days fashioned a vagabond. Little did you know, the great misfortune that afflicted me in early 2014 was nothing more, or less, as an opportunity to display my vast arsenal of skills.

The time is fast approaching when you shall pay for your sins. The very prayers that you set forth shall come back to you at a factor of 1,000. The only suitable punishment is death by fire, in order to cleanse your soul, so that the Lord might allow you into his Kingdom. Otherwise, you are assuredly going to roast in red hell.

As for me, I pressed forward again, buying this or that, playing games in the stock exchange. You know where I stand, directly inside of the victory circle.

https://www.youtube.com/watch?feature=player_detailpage&v=QOxK04TYkgY#t=530

I swapped out of CDE (5% gain) for new issue oil play PE, sub $24.

I like it to $30.

Parsley for the win.