Kamikaze Economics

The Japanese are one crazy people, offering to buy 20% of the shit coming out of Europe. As spreads blow out in Belgium, Japan is offering to buy 20% of Euro-land bond offerings, which is amazing considering they are levered 200% debt to GDP. It’s like the news accepts absurdities for reality and does not question the logic. But then again, it doesn’t really matter now, does it?

The beastly monsters who are shorting this market, frankly, have no idea what they are getting into. For example: let’s take a peak at the automobile industry, shall we?

One could speculate that the financial crisis was the best thing that happened to Detroit. It’s not a coincidence that F is at new recent highs and all of the automobile parts markers are soaring to new highs. Several years ago these fuckers were dying, even though they were selling 15-16 million cars per annum. Now, they are selling 11 million and making a mint. They fired all of the losers and slashed capacity. I believe GM is operating at 60% capacity, compared to just 3 years ago. The industry adjusted and is ripe to make absurd amounts of coin during this up-cycle. I made 15% on my AXL trade in about 3 days and it ran another 10% after without me. On any pullback, auto related stocks are a buy, especially parts makers.

Solar stocks are a buy too, presciently pointed out by Ragin’ Cajun. The sector is so beaten down, many of these stocks can run 25-50% from here and still be considered “value propositions,” providing oil keeps chugging higher. It is my belief, oil will eclipse $100 and run to $120, before collapsing.

Everything is a trade. You just need to get your timing down, you dumb, grotesque, goat fucker.

Top picks: PWER, SOHU

UPDATE: I sold RLOC and CTCT. And, I bought MOTR and UTA

Forget about of them old time companies, with boring balance sheets and conservative accounting practices. Go get yourselves a nice NASDAQ stock with ludicrous gross margins and ride that puppy all the way to Elysium. Or, if I might suggest, how about trading them for a quick 10-20% profit? Small double digit sized profits will not upset the communist sensibilities of your local magistrate and will help a great deal, with regards to feeding your family, during the next apocalypse.

Southern Gentleman Fly (SGF) sold out of his FAZ today and exchanged it for some Chinese wares: SOHU. Additionally, he took a mighty fine nap this morning, one that will help him bank even more coin tomorrow, believe it or not.

With 10 minutes left in the session, I am up about 1% today, led by gains in PWER, PH, GTE, JOSB, BBRG, SFLY and MOTR.

Back to cookin’ my afternoon kettle of buttery grits.

I made SOHU my largest personal position. And, I ditched FAZ in the process.

After several hours of hard work at sleep aka “going in sieasta in Mexico,” “The Fly” awakens to a much better situation. No longer are the shingles falling off the roof onto the brand new Benz. Now we have ourselves a standard, yet ordinary, nonsensical POMO induced Fed rally, indeud.

Shares of PWER, JOSB, BBRG and PH are performing admirably and the FAZmobile is flat. Once again we feed them cake, as the caviar gets passed around the table, one gentleman at a time.

Into this resurgence, I like MOTR, SFLY and even CRIC. As a matter of fact, I may need to eliminate my silly hedge, for we are going higher.

By the time you finish reading this post, “The Fly” will be snoring like a baby who just finished smoking a Cuban cigar.

We’re due for a pullback. Okay, are you happy? I’m not going to “fag the fuck out” on one small drop, after such a fanatical melt up. I have my own set of issues to deal with, all pertaining to back office bullshit. Long story short: aside from select tech, stocks are pulling in just a little. If I may be so bold, I suggest you walk away from your monitors, in exchange for something fun—like a nap.

Goldman upgraded my PH to a buy from neutral this morning; but the effects are muted. I am enjoying minor declines in just about everything but FAZ, PH, PWER, FORM and JST.

Off to take a rich man’s nap.

Ciao (the most annoying form of goodbye, worldwide)

I hear lots of bullshit tom-fuckery, regarding Europe and how they will inevitably collapse and rape everyone. I hear the same shit about Japan, as eloquently pointed out by Hugh Hendry, calling them a “nuclear bomb strapped onto the chest of the global economy.” Quite frankly and respectfully, no one gives a shit. People are too busy spending their bonus checks, whilst concocting plans to export the low paying factory jobs, that your Uncle needs to eat, to Shenzen, China.

Life is grande if you are part of the haves. As for the “have nots,” let them eat cake.

I’m a big believer in Darwinism and how some are destined to shine shoes, while others piss on the world from atop Cadillac Mountain. Having said that, I step into Monday’s trading with mixed emotions. Inside my personal account, I am heavily hedged with FAZ. For managed, I am 90% long and strong, like two cocks stuck in a hammock.

It is my belief we are in the midst of extending the current bubble into the absurd. The Gilded Era is upon us, where gluttony and hedonism reign supreme. I’ve secured reservations for Per Se, fully satisfied with their egregious $1,200 per plate dining experience and a 4-6 month wait. I am able to do this, AND MORE, thanks to my time machine and space alien magician ways. Plus, it helps a great deal to be blessed with an IQ, just above 155.

As for you: it’s not necessary that you visit iBankCoin on a daily basis, for we will visit you. I’ve taken the liberties to secure all of the locations of our readership and put all of you, mind you, on 23 hour surveillance (everyone deserves a little privacy). Our IT department is developing offensive internet weapons that can effectively fry your PC and cause small explosions inside of your office, which may result in your decapitation.

A great man once asked: “is that a threat?”

Absolutely.
[youtube:http://www.youtube.com/watch?v=x70T7QYhQyE 616 500]

[youtube:http://www.youtube.com/watch?v=a_tLat70wMI 616 500]

Pardon me as I offend your northern sensibilities. Today’s rally was one big ol’ giant jerkoff, purported by Northern devils pursuing great acts of aggression towards the gentlemen of the south. As you well know by now, thanks to our resident southern gentleman, Senator Gint and now myself, all of the money is now in the south. Therefore, it goes without saying, when the stock market gyrates (Elvis) in such a way as it did today, it offends the conservative, God given nature, of the south.

Might I add, the great beard of the north, Mr. Ben Bernanke (formerly from the south), is committing treason upon this great nation, thanks to Barack Hussein Obama. As God once told me in my dreams, if you voted for Obama, then you are a communist. If you are a communist, then you are evil. And, as God is my witness (praise the Lord), right hither, if you are inclined to pursue a lifestyle that may be perceived as evil, then I will stop you where you stand, with my shiny new Winchester.

As for the investing climate of today’s session, it was mighty fine if you ask me. Although I bought myself a mighty large plate of FAZ, mostly as a hedge, my other positions did just fine. For the week, I pretty much tread water. However, I intend to make a great deal of money next week, as I slobber over an extra large serving of BBQ breaded chicken livers, grits and gravy.

Ya’ll come back now. Hear?

Your truly and respectfully,

Southern Gentleman Fly (SGF)

God Bless America and God.

I don’t particularly like the tone of the market, at least at the moment. Plus, The PPT is ranking some inverses “buys” for the second consecutive day, following the second ever OVERSOLD rating on SDS, following the 10,000th (it seems) 3.00+ reading on the Overall Hybrid. Putting the hubris aside, we are significantly over-bought. Howsoever, that doesn’t mean we will drop like a stone. For precautionary reasons, I tightened up a bit here, selling out of MAS, QNST, trimming a few others, and adding to FAZ, in a fairly significant way for my personal. Essentially, I am asking for a pause here, in order to better evaluate the market later.

At the same time, I bought some EXK, FORM and SOHU. They look so fucking good and I really hate missing out on anything. You don’t get it. When I see a stock go up without me, it angers me to no end. My entire day can be ruined with a 5% move up in some dick-faced stock that I have on my watchlist. That’s why, especially in this market, I buy first, ask questions later.

Having said that, some of my positions are under water. I am looking at 1-6% losses on several names. But that’s part of the game, so I accept it. Sometimes you need to stop worrying and trust your original instincts of what got you into the stock, sort of like test taking. Everyone knows it makes little sense to second guess oneself when taking a test. If you marked A and have no idea if that answer is correct or not, don’t change it to C, just for the sake of changing it. For most of my losers, I will keep the losses limited to 10%. Until then, I will go about my business, shuffling the decks as best I can, in an attempt to catch some timely trades.

I bought a little EXK, FORM and SOHU. It’s worth noting, I am very tempted to buy EDZ.

UPDATE: I bought 15,000 FAZ, for my personal, to hedge.

Disclaimer: If you buy the above stocks because of this post, your wife will leave you for someone richer. And, you may lose money.

We only added about 100,000 jobs for the month of December. But, and this is a BIG but, we eliminated over 500,000 n00bs from the workforce, successfully reducing the egregious unemployment rate to 9.4%. A great man once said “if you can’t create new jobs, then get rid of the unemployed.”

Where did these people go?

Answer: who gives a shit? FEMA re-education camps? No one knows or cares. The bottom line is futures are up and QE2 is in full effect. Here’s a little hash tag action for you twitter people: #POMO, #QE2, #NOINFLATION, #GLOBALGROWTH, #THEBEARD, #FUCKSPAIN, #MELTUP, #FACEBOOK.

Like I said before, this rally is celestial. You little southern idiots can’t fuck with the sun, moon and the earth. This is far and beyond your sphere of influence. We’ve got space alien magicians, my fellow people, buying stocks. Do you really think you can Tea Party this market lower? PFFFFFFFFFFF

As you were.

UPDATE: I sold out of MAS