Turn Off the Television

Understand it is the job of news anchors to lure viewers with sensationalism. Often times they are able to drum up emotions in people that lead to mistakes. I am not suggesting you should stick your head in the sand and become a recluse. Instead, moderate the amount of soap opera style news you consume and enrich your information flow with venues like 12631. I cannot praise the work of ChessnWine and Ragin Cajun enough. They truly do a magnificent job.

I’m not expecting a huge move today, ahead of the “ominous weekend.” Ooh, everyone is so scared of the weekend because “anything can happen.” Fucking dickheads.

Copper is trending higher; keep your eyes on that.

The path of least resistance is to print more money. If my good friend “CEMENT HEAD” (CH) was around, he’d tell you the same shit.

All in all, the ORCL numbers were just fine and MU is a company filled with dicksuckers. It is not a surprise to see them get the “homo-hammer” this morning. Nevertheless, after this little run, I intend to start buy semis and do so with intense ferocity–hungry mountain lion trapped inside of a room filled with CNBC anchors style (CHOMP).

Note the intra-day 2.52 level reached today.

They played you like a cheap fiddle, drawing you into the vortex with this morning’s SPR release. Your dog sized brain bought TZA in size, thinking “oh boy, this is it. They world is going to explode.” Then, all of a sudden, as you watched in horror, gyros starting flying your way, catapulted from abroad. The news read “Greece and EU/IMF strike deal for austerity plan” and your heart stopped beating.

See folks, this is what you get for fucking around with the established elite. You are fighting a losing battle. Might I add, The PPT is firmly wired into the machinations of the important money flow. Hence, today’s unrivaled OVERSOLD call won again.

I like the stocks that I own here, as well as the semis. They are cheap and should be bought throughout the month of July.

For the day, I extended my winship, up another 0.8%–putting my year to date gains at around 3%.

I bought 15,000 TKLC- new position.

I am completely immune to the market here, as I am on fucking fire. With the market down almost 200, I am down less than 0.4%. I am heavily positioned in CLF, WNR and cash. I own decent amounts of BGC, TZOO, CY and EXK too. However, for the most part, I am all CLF and WNR.

I bought EXK today, knowing I am early. I am tempted to get long oil too, via UCO. But I’d rather buy it after another flush to the high $80’s. The release of oil is a complete joke; you need to understand that. It’s purely political and has zero ramifications on the demand/supply relationship of crude. The amount released is equal to 1.5 days of consumption, so there.

My preferred long oil vessel is UCO. I am no longer bullish on oil equities; it’s too hard. I’d rather play the commodity itself.

Keep in mind, I am not particularly bullish right now, despite my demeanor. However, I am very much interested in buying dips and selling rips.

At the moment, my cash position is 11%.

I bought 50,000 EXK, because I can.

Believe it or not, The PPT is flagging OVERSOLD again. But wait, it gets better.

ZSL is also flagging OVERBOUGHT. Had you bought ZSL when The PPT flagged OVERBOUGHT, you lost 15% of your money 12 out of 13 times. The obvious play is to go long SLV, AGQ or silver related names. Also, USO is flagging OVERSOLD on our new 3,6 and 12 mo algo (still in beta). The track record is almost flawless, with USO advancing 12 of 13 times for an average gain of 4.76%. It’s worth noting, both are 10 day holds.

As a result of the Overall Hybrid OS, I added to my TZOO position. And, I have multiple buy orders in place, ready to be executed.

Now you see what happens when the ominous “Cock and Hammer” formation takes hold of investor sentiment. The results can be catastrophic.

As an aside, The PPT nailed the top of this range to the exact day. Moreover, I managed to sell my TNA several days ago, at the top of the range.  This is what happens when you SHOMP (sublime harmony of mathematical precision) around for a living. While many of you fucktards tool around with charts and farts, I am building financial tools that calibrate trading to a science.

For most, having access to such a device for the cost of a NYC breakfast is too much. I understand a great many of you are receiving food stamps and can hardly afford to read this blog page. Once again, I understand your plight, while eating beluga.

Intra-day, I am down less than 1%, after gaining 10% over the last two trading days. I am glad to be out of oil, as that shit is getting murderhole’d. My new positions, TZOO and DHI are holding up rather well, while YGE tracks the fuckery of the rest of the market.

There are opportunities everywhere. You just need to open your eyes.

This was debuted tonight on Stocktwits. I give you “The Cock and Hammer Formation”

Set for auction at Sothebys this Saturday. Be there!

Starting bid: $95,000

Come chat with me on StockTwits at 11:30, where I will ignore you in real time. Also, I have a special surprise. I will be revealing my latest “Chart Art” exclusive on StockTwits, my take on the SPY.