New Features: PPT

We’ve been launching new features on The PPT every other week. As you know, we launched a sick search function, whereby you can cross reference any company description keyword with our analytic engine. For example: users can cross reference “blowout preventers” with % of shares sold short and come up with this:

The use of this search tool is powerful and dips into user created notes as well, offering a large array of keyword Godliness.

Starting today, we launched an automated OVERBOUGHT/OVERSOLD indicator, that will alert users of possible tops and bottoms. The PPT‘s job is to try to identify stocks that are breaking out. However, as you well know, some stocks are prime sales/buys at their highest/lowest points. For example, look at the overall hybrid PPT chart, which highlights OVERBOUGHT/OVERSOLD conditions.

That chart represents the highest and lowest overall hybrid scores in PPT recorded history. We did not concoct this chart to fit our needs. It’s as real as wooden nukes in Russia, AND MORE. Pretty impressive, eh? Granted, it’s not perfect, but pretty fucking good. Well, we are now providing this service, free of charge for all subscribers, on an individual stock/ETF basis. How accurate is it?

Answer: pretty fucking accurate, to the point that I am flabbergasted. To this day, truth be told, I still have reservations about trusting the readings of The PPT. I use it all the time and have made millions of dollars using the tools. But, I am a very opinionated person, with a big dick and even larger balls. Nevertheless, slowly but surely, I am adhering to the laws of mathematical precision, due to its undeniable sublime nature.

Here is sneak peak at tonight’s OVERBOUGHT/OVERSOLD list (note: there are 196 overbought readings, technically)

The only oversold reading is  [[IDN]] . Coming soon: seasonality engine: automated.

Terrific market action today, with just about everything going gangbusters, even Goldman Sachs Group, Inc. [[GS]] . With Cisco Systems, Inc. [[CSCO]] reporting close to 40 billion in cash, look for the company to make some acquisitions. I have some ideas and will share them, whenever the fuck I get around to it.

The way I am positioned now, I am “safe,” meaning the beta of my accounts are very low—due to the long equities/volatility structure of my portfolios. My near term strategy entails bulking up on longs, then liquidating them into strength. It doesn’t matter what I think: the market is too busy sucking its own cock to look up at the guy ready to strike it with a clawhammer to the brain.

NOTE: For the day, I was down 0.3%

I bought 2,000 SINA Corporation (USA) [[SINA]] @ $34.37.

Disclaimer: Robster.

UPDATE: PPT ranges, since inception.

NOTE: At the time this chart was made yesterday, PPT was 3.00, but later settled at 2.89. However, intra-day, it is now printing 3.11

I’ve reduced my cash position down to about 15%. Just today, I bought size in ON Semiconductor Corp. [[ONNN]] and Eastman Chemical Company [[EMN]] , while initiating a position in Ctrip.com International, Ltd. (ADR) [[CTRP]] . My intention is to play the delicate game of balance, between my longs and [[VXX]] positions. Due to some underperforming longs, for the day I am down a staggering 0.52%. Considering I was up more than 1.6% yesterday, I am in good standing, fuckface.

I don’t know how much longer this market can defy gravity. Just know, The PPT is printing 3.08 like a motherfucker right now (no idea what that term means) and the euro is pissing its fancy pants again. Like I said a million times, it’s best to have a blend of long/short trades, especially when the news is fucked up and dark sinister forces execute buy orders from the grassy knoll.

Pardon my capricious demeanor, with regards to this market; but it’s the only thing that keeps me winning, ironically.

As for gold: ask Uncle Fucker, for he is iBC’s resident “Maharajah of the Metals.”

Top picks: ON Semiconductor Corp. [[ONNN]] , Eastman Chemical Company [[EMN]] with a [[VXX]] hedge.

From the same people who invented the twist and the running man, I give you “the robot.”

To do this dance, you must first open up your bullshit online brokerage account. Then, once logged in, you will sit back on your “piker-esque” swivel chair and just click buy orders. That’s it. Everyone can do it, even Grandma.

In summary: lean back on your bullshit swivel chair, then click the buy button.

You will find, much to your delight, that by doing “the robot,” you will become rich as fuck. You can steal your neighbors wives and even buy their sloppy homes in foreclosure. Everyone is doing it and it works. Look at our biggest and finest banks: Citigroup Inc. [[c]] , JPMorgan Chase & Co. JPMorgan Chase & Co. [[jpm]] , Bank of America Corporation [[bac]] and Goldman Sachs Group, Inc. [[gs]] . They do “the robot” every fucking day, and as a result, and have made money every single day this year.

As for me: I’m feeling my GMX Resources Inc. [[GMXR]] , [[CBD]] and Eastman Chemical Company [[EMN]] positions, right about now.

NOTE: I bought 2,000 Ctrip.com International, Ltd. (ADR) [[CTRP]] at the open.

It’s official: the fetus soup lovers from the Orient are in a bear market, now down more than 20% for the year.

In other apocalyptic related news, the price of sugar is now in a fucking depression, as the entire world, in unison, kindly declines that second lump of sweet cancer at their local coffee shoppe.

Finally, just in case you missed it, Samsonite Hamburgalar’s take on the EU bail out.

Still feeling lucking, punk-bitch?

UPDATE: Get one. Indeud!

Resident gold bug/ United Parcel Service, Inc. [[UPS]] water carrier, Jakegint, deserves some accolades for his accurate commentary on gold. Since I am not interested in paying homage, I thought you might like to lick his heels and pay tribute for his “sageness.” You know it’s very rare for me to acknowledge another persons winship, since I am too busy focusing on my own.

As for me:

I am enjoying the “suckers rally” with great vigor, as my [[VXX]] , Flotek Industries, Inc. [[FTK]] , SandRidge Energy Inc. [[SD]] and [[CBD]] positions melt up. Howsoever, Goldman Sachs Group, Inc. [[GS]] is becoming a bit of an albatross and needs to “buck up,” or get the fuck out. You know what I’m saying? Additionally, today’s intra-day buys of Eastman Chemical Company [[EMN]] , ON Semiconductor Corp. [[ONNN]] and SINA Corporation (USA) [[SINA]] have not afflicted grave harm to my person, just yet. However, let it be known, I expect grand moves out of the trio.

The issue at hand is: to believe or not to believe? With all of the western world partaking in quantitative easing, ask yourselves: where is the coin coming from?

Answer: from us.

My “Hugh Hendry Theory” is still very much alive, despite not having a [[TLT]] position. I do believe we will be “funneled” into treasuries, via adverse market conditions. Gold is trading on its own now, irrespective of the dollar. So, we have ourselves some end game situations coming upon us. What I mean by that is: confidence in all currencies are waning. Do not be surprised to see an orchestrated “fuck you, you’re dead” push lower, sending equity lovers into bonds.

In short: I’m as bearish as a motherfucker in a male only world. But, I am smart enough to avoid murderholes aka “short positions,” unlike many of you macabre blogging dick suckers.

NOTE: The PPT Overall Hybrid hit 3.00  today, with a record 70% of large cap stocks ranked buy. In my opinion, close enough to be considered OVERBOUGHT.

Everything I know to be true and just is irrelevant. As such, I delved into my cash horde and purchased more Eastman Chemical Company [[EMN]] , GMX Resources Inc. [[GMXR]] and Flotek Industries, Inc. [[FTK]] . For the record, my basis in FTK is low 2.20’s.

At any rate,  today’s reversal is super impressive, especially since the breadth was so bad early on.

Enjoy the run while it lasts.

UPDATE: I bought 30,000 ON Semiconductor Corp. [[ONNN]] under $8 and 5,000  SINA Corporation (USA) [[SINA]] @ $34.04.

I bought 10,000 Eastman Chemical Company [[EMN]] between $64.70-64.91, 10,000 GMX Resources Inc. [[GMXR]] @ $6.85 and 10,000 Flotek Industries, Inc. [[FTK]] @ $1.75.

Disclaimer: Robots control your future.

Despite what I really think about stocks, the market is doing EXACTLY what it is supposed to do: digest yesterday’s gains. Even though the euro is getting poleaxed, the yen carry trade unraveling and gold and dollars up at the same time, stocks are hardly down—thanks in large part to computers with bullish marching orders.

From my vantage point, the internals look dreadful, with losses in all major industries sans trannies. Nevertheless, investors have been trained, like hungry dogs, to buy dips. As a result, investors are buying today’s dip: shocker.

As for me:

I am comfortable riding out my [[VXX]] journey, knowing full well it can see $20 in a flash. In my estimation, it’s worth the risk holding, while the euro is getting Greek fucked.

With my money, on a dip, I will add to my POSCO (ADR) [[PKX]] and Eastman Chemical Company [[EMN]] positions, in order to balance out my longs versus [[VXX]] situation that I have going on over here. Also, I will look to lighten up on my [[VXX]] , north of $30.