Everything is trading strange. Oil is threw the roof, yet oil stocks are blah. Banks are crashing through the floor boards, yet [[SKF]] is hardly up.
What’s up with that? Did the government put some sort of asshat top on SKF?
My Freeport-McMoRan Copper & Gold Inc. [[FCX]] is trading erratic. Fucking insane.
Quite honestly, if I was just taking a view at today’s tape, with knowing the underlying bullshit, I’d say we are about to fuck the retail investor in epic fashion.
When nothing makes sense, go eat a sandwich. That’s what Grandpa Fly used to say, just prior to lathering himself with oil oil—readying up for a good old school Italian tan.
Just today, I had my face ripped off on some new purchases, which do not need to be repeated, mind you. And, all of my new bank longs, Citigroup Inc. [[C]] , Synovus Financial Corp. [[SNV]] , Interactive Brokers Group, Inc. [[IBKR]] , [[UYG]] , pelted me with large stones.
Hey, at least my nibbling of [[SRS]] is paying dividends. And, just in case, I bought some [[FXP]] —mainly because I hate chinese stocks.
All in all, the current theme should be to get long commodities in egregious fashion. However, at the moment, everything is in flux. You might be better off playing video games or going to strip clubs, than fucking around in this rigged game.