The Big Stupid Corn Trade is Over

TITN is getting poleaxed because corn has been eliminated from the American diet, thanks to the catastrophic weather patterns this summer. The time to be long ag, based upon expensive corn prices, is over. Now we have to deal with the after-effects, which is onerous to the ag industry. The illusion, for lack of a better word, is finished. It’s time for reality to set in.

However, as one illusion dissipates, another emerges.

The protein trade is alive and well. My favorites are PPC, SAFM and SFD. The headline risk of surging corn is behind us. Now we can transfix on Thanksgiving and the fat, gluttonous nature of this country.

PPC for the win, fuckers.

The market is weak, but nothing too hysterical. Until there is some news for the bears to chew on, expect markets to grind higher.

Top picks: PPC, CVO, TC, VHC

The easiest trades are the ones done using magical powers of illusion. For example: buying into natural gas or refinery stocks ahead of a giant hurricane; or, into rumors of war, buying into munitions stocks can prove to be profitable. How about buying into biotech stocks ahead of ASCO or tech names prior to CES?

Has anyone ever bought into chicken wing stocks ahead of March Madness and profited from it? I have.

When was the last time you bought PII ahead of the winter ski season? Last year, short sellers made a killing on DECK, because the winter was mild. Due to the hot as shit summer, corn and ag plays have done superb, while chicken and beef stocks languished.

Going into the Presidential elections, there are many opportunities to make money off perception. The perception of a Romney win will make consumer discretionary stocks rise, as well as oil and anything that can benefit from a friendlier EPA. Case and point: NAK.

As you can see from the news clipping above, the EPA doesn’t want NAK to mine in the 3rd largest copper/gold property in the world because it might harm the watershed. Due to the EPA, NAK’s stock price has been crushed to drill-bits, down from $20 to $2. Providing Romney wins the election, it’s entirely possible that NAK will be granted permission from a business friendly EPA, no?

The illusion of a friendly EPA will make the stock soar, well before an actual decision can be made.

If Obama gets reelected, I believe healthcare stocks will rise. I know it sounds counter-intutitive, but BIG government in healthcare equals BIG profits for healthcare companies, like ABC, MCK and ESRX. Last election, stem cell stocks doubled days before Obama’s victory. It’s worth noting, the FDA has been lenient under the Obama administration and has been reflected in massive share gains in biotech stocks.

In short, now is the time to place your bets, BEFORE the media starts hyping poll data. Keep in mind, the ax swings both ways and it swings low–low enough to cut off your cocks if you’re not careful.

I don’t haggle for prices because gentlemen do not worry about money. If you have to ask how much something costs, then you shouldn’t be buying it. Truth be told, luxury goods in this country are in exceedingly high demand. I realize some of you live in 0hio where everyone is poor; but this is an incredibly rich country, with millions of millionaires.

Guys like me are a dime a dozen. I am an inch of dust compared to the guys with 400ft yachts with helicopter pads on them and ghost yachts tailing behind with toys, 30,000 square foot homes, employing over 100 people to manage the house.

What do you think these people are spending money on?

Understand these people are sick in the head. They are obsessed with consumption and feel incomplete unless they outdo their friends with new, expensive, toys. Having a Benz or a BMW is a joke. The new upper class are driving Bentleys and Phantoms.

Personally, I’d rather have my dick chopped off before I spend 350,000 on a fucking car. To each his own, I suppose.

Paintings are fetching for $100 million plus at auction and anything Picasso is selling for high 8 figures, even his late/bullshit work.

This is being reflected in the shares of JWN, LULU, KORS, TIF, BID, ULTA, APPL, BC, SKS etc.

The funny shit is, the new upper class, guys like Zuckerberg and Thiel, dwarf the net worths of the old money, social registry, class. There is a lot of friction between old and new money, more so than ever before. Everyone is aspiring to be rich and most fake it until they make it, or not. I know so many people who make $500k per year who are flat broke. They spend all of their money because they make so much and endeavor to live life to the fullest. It is no surprise to me to see retail stocks leading the market higher.

In short, don’t get caught up in the big lie that is country is broke. That’s wrong. The government is broke, but the people are rich as fuck. Sure, there is an underclass and the divergence between well to do and dirt poor has never been wider. But that is not my concern, when trying to figure out asset prices.

If you follow the money closely and respect it, you will end up getting some of your own.

There is no confusion. The market is clarity at its highest fidelity. We are at new highs, pressing forward, foot pressed firmly down on the pedal inside of a car made from dynamite sticks headed for the sun.

If you’re sitting there wondering when the market will correct, you are playing the wrong game. What you should be doing is finding the next micro-cap that is fixing higher, with your eyes set on leisure.

Make coin now, while you can. It gets harder from here.

Basic materials are screaming higher because everyone thinks the Fed is going with QE3 next week. Silver, gold, copper, even coal, are making wealthy men out of new shareholders. God knows the sector has been bludgeoned to death and is due for an oversold bounce.

With that in mind, I bought a little TC today, a mere 200,000 shares, just to test the waters. Most of these companies are impaired and are not worth holding, long term. But, in the short run, they can and will go higher, providing the Fed adds liquidity.

I booked a 6% gain in LOGM, despite the fact it wants higher. It was never central to my thesis and I’d hate to see a small gain turn into a loss. In addition, I sold 100,000 NAK for a 30% gain. I will hold the remainder of my shares into October.

Lastly, I added to PPC because it’s cheap and the protein trade is young. By the time Thanksgiving comes around, all of you buttfuckers will want in. By that time, I will be selling to you for magnanimous gains.

NOTE: Take notice of yet another grande IPO, ADNC. Unreal.

I started a position in TC.

The jobs numbers sucked– but that’s good news. Bad data means QE3. The genius of Benjamin Bernanke cannot be described with words. He’s fixed the market to believe in his magical powers. He doesn’t even need to implement QE3. The mere whisper of it and markets will blast off.

Nevertheless, I am a net seller into this tape. Keep in mind, I fancied myself a net seller last week, before this melt up. Luckily, by the grace of the gods, I changed my path and went “all in.” But now, after gaining another 3-4% on my assets, I’d have to be mad not to take profits.

One stock that will remain steadfast is PPC. Because I am “The Chicken Man”; therefore, I will hold PPC until it fries higher.

It’s a slow Friday afternoon and markets are locked flat. There isn’t much to talk about, other than macro-shit and politics. I will indulge you in neither and order you to shut the fuck up and take profits instead.

UPDATE: I sold LOGM, 100,000 NAK and added to PPC.

The only reason why I am voting for Romney is because I think the democrat clan is filled with pussies and jackasses. I don’t believe Romney can do better, from a stock market performance stand point. If you recall, George “dumb as fuck” Bush harpooned the economy with the very worst financial catastrophe since Hannibal laid siege on Rome. He obliterated shareholder equity to the point of comedy. The only thing that worked under Bush was SKF and 99 cents stores.

Fucking ape.

Obama got elected because he was cool and black. People were proud of themselves for transcending barbaric racism, by putting a community organizer at the helm. I voted for the O because I like to win. Therefore, when Barack won, I won.

Under Obama, the general economy has done nothing. However, the stock market, which is all I really care about, soared. Now some of you might think “The Fly” is being selfish and you are correct. I don’t give a shit about the factory worker in 0hio, not much less than the factory worker in 0hio cares about some asshole Wall Street guy like me. Don’t kid yourself, pal, life is all about self-preservation and kicking the next guy down a flight of stairs lined with german mustard.

Worst case scenario: Obama gets reelected and Bernanke runs the country for another 4 years. Oh, no, please stop that man from printing more money.

Are you people out of your fucking minds? We have it good now. Markets are easy and banks are lending money at absurdly low rates. Next thing you know, President Romney will appoint a hawk to the Fed– who will hike rates to 3%, sending the Dow down 3,000 fucking points.

Tough call.

Plainly, if it wasn’t for the pathetic nature of liberals and how dumb Biden is compared to chimpanzees, I’d vote for Obama again! However, that is not the case and Romney will have to do.

Fat thieves made way with billions of dollars today, stolen from the bullshit brokerage accounts of misguided shorts. Because we were overdue a strong drubbing, the market soared higher, leveling the playing field and then cratering the shorts into the lower mantle. Read the tea leaves, Jack, or stop offering advice for a living.

DICK GUILLOTINE

I only poke fun at Mr. #Timestamp because I find him and his crew of misfits to be stupid. If I respected his market calls, I’d leave him alone. I don’t like fucktards who claim to be “new Wall Street” or “out of the mainstream” and then show their big stupid mugs on CNBC, opportunistically whoring themselves for dollars.

That’s why the only blogger I respect is Tyler from Zerohedge. That fucker literally doesn’t give a fuck and would rather be caught dead, than host a CNBC soap opera. “The Fly” doesn’t do big media; he does big coin.

For the day, I captured 2%. Everything was up and I found no need to churn. Fully invested, with the market ripping, means you shut the fuck up and accept the win, graciously, with decorum–tip of the hat.

Cordially, I accept today’s multi-million dollar windfall. From here, it can only get better, right? Nothing stops this cocaine train from stopping, not even cliffs. This fucker has wings.

I’ve been #TIMESTOMPING all day, eating lunch meats like a gluttonous barbarian. I’m not holding anything back, whatsoever, from you rakish fools, gleaning intelligence from my posts. You were short 7 stocks and long 6. It’s called “risk management” to you because there is no risk when betting nothing. It’s a virtual world that you’re living in pal. It’s time to step out from your shield and man up.

It’s a big day in stock land and I’m looking for more. I think a short squeeze is coming in the shares of VHC. There have been numerous reports panning the company, because that’s what short sellers do. I hate them when they hit my stocks. But boy do I love them when they serve as tinder for the fires of a short squeeze.

At the top of my list of favorite stocks to own are NAK, VHC, CVO, PPC, ESRX and MCK. My other positions look just fine, even NFLX, but these are my favorites.

As long as european yields trade lower and our bonds yields rise, risk is the name of the game. With risk comes reward. Therefore, if you were bold enough to risk your fortunes into the news flow, now might be a good time to take profits. As for me, I’m holding out for better prices.

Revenues and profits have never been higher at Le Casa del Fly. Being in the business of astute money management has its rewards in times like now. I intend to capitalize on the free money train that is slowly making its way through wall, then parlay somewhere quiet with bizarre amounts of treasure, a life designed specifically for men with time machines and of the higher cloth. Do not believe for a second that this rally is fake. The money is real. I have it in my hands as we speak and intend on using it shortly for some irresponsible discretionary spending.