In My Own World, Going For the Win

The market is never going to pullback. Having said that, just 35% of stocks are up today. I am immune to this pikerism, as 90% of my holdings are higher, which means I am either a genius or knee-deep in late stage rally plays. Being that I’ve already established myself to be a genius, I know the latter is true, ironically.

I do not want to throw a wet towel on your cocaine party. We all enjoy a good drug infested extravaganza. But this isn’t sustainable. Whoever is buying SCTY up here should be shot.

Nonetheless, I, myself, own a good deal of “heroin stuck in arm” stocks and will need to unwind these positions in a blink of an eye.

Whenever the market decides to rest, these gambler stocks will be mugged for 10% inside of a day. But that’s just the conservative side of me, HORATIO CLAWHAMMER, talking smack. The personality directing my positions is shooting midgets out from carnival cannons–long ANFI, FRO,  CZR, RBCN, JRCC, VHC etc.

Over the last few days, I’ve made millions of dollars and now sport gains upwards of 24%. Taking profits during this profligate period of extreme excess is not only recommended, but suggested.

I, however, will ignore my own advice and continue throwing dice–laughing and crying like a manic drunk off 100 cups of coffee.

I am still long 1 million shares of FRO, legacy position kicking higher. The Last of the Mohicans no more.

I started a new position in CZR, in size–looking for $18.

I booked profits on AMBA.

We’re killing it inside of The PPT and 12631 today, with one successful trade after the next. My biggest position coming into today was WFR, then AMBA. Both are ripping. I took profits on WFR and bulked up on VHC. I added to ANFI. That has clear sailing written all over it. Solar has been amazing.

RC just crushed an LEDS trade.

I am looking to see if the Gods love me or not. Both RBCN and JRCC are down. I think they can reverse and head higher, especially with GTAT up.

This is a short squeeze market. I intend to take advantage of it while it’s here.

My favorite story stock that hasn’t moved in a few days is IMMR. That stock will lift off, just like AMBA.

Wait for it.

I added to my ANFI position.

I am following The Devil on this one, long VHC.

I booked profits in WFR.

I was going to mention one of my bigger positions, AMBA. However, I just heard that Rev Shark is pumping it this morning, which is why the stock is spiking. Nevertheless, I still like it.

Here are some other names crossing my radar:

WFR
ANFI
GTAT
RBCN
SKUL

I also like Japanese stocks, which are ripping this morning: TM, HMC, SNE, NMR, MTU, KUB, MFG. Interestingly enough, CAJ has yet to move.

As I type this, the market is selling off. If you are a believer in the laws of POMO, this is where you buy: on dips.

I will be monitoring heavily shorted stocks gapping higher this morning. There are signs of epic squeezes everywhere, from solar to JCP to god damned TSLA.

Short are getting flame broiled. It’s brutal for them.

I’ll keep this short and sweet. As of now, solar is my focus. However, once the market opens I am sure there will be a plethora of names worth trading.

More on this later.