Let’s Roll!

New $100 roll candidates, providing the market continues to savage the bears. My fav is Equinix, Inc. [[EQIX]] . (hybrid daily change, hybrid score, price)

You baby morons are delusional in that you feel it is your right to waste the time of others. You really need to learn your place in life and how much, of other people’s time, you are permitted to waste.

For example: if you do not generate better than average revenue, you have no right to talk to your boss about business. You are a piker and will remain a little baby midget, until you get your head out from your cocaine bag and get to work. Time is the most valuable commodity there is, especially when it comes to relationships, business and the important art of BLOGGERY.

It’s time that I seek to maximize, via research efficiency improvements (PPT), hiring small slaves to do my dirty work and ignoring the pathetic requests from people who are stupid.

See folks, I am not a jerk, just painfully vague. If you are curious as to what in the world that means, ironically, you will have to wait awhile before I reveal such gifts of knowledge.

Into the bell, I raised some cash, via selling off some 2nd tier names. For the most part, I expect to trade light, until November, in an earnest effort to preserve my 80%+ year to date gains.

In between falafel and hummus snacks, I am a net seller of this market, until my experiment in mathematical harmony, The PPT, tells me otherwise. Into this swoon, I sold out of General Cable Corporation [[BGC]] , Ceragon Networks Ltd. [[CRNT]] , McMoRan Exploration Co. [[MMR]] and Align Technology, Inc. [[ALGN]] .

It’s also worth noting, small crap stocks are being taken to the woodshed. My advice to you: sell out of such said names before the crowd jumps into the funnel. There will be a better price point for many names. Be patient and let the stock horses come to you.

In the meantime, go eat a snack. See you at the bell.

The “Global Warming Gods” are in reverse and you are in for a rude harvest. Attention everyone: very soon it will be cold again and you will die, unless of course you are afforded the luxuries of natural gas heating and a few warm blankets.

You heard it here first: this is going to be the coldest winter since the era of the Wooly Mammoth.

If you are fixated on today’s action, go sell a few stocks for peace of mind and listen to me very quietly. Natural gas prices are “homeless man cheap,” thanks in large part to a supply and demand disconnect. However, do not worry, for the snow Gods will soon even out the playing field, offering an open field of sorts to the lowly natty.

With my money, I want to be long natural gas producers, such as Range Resources Corp. [[RRC]] , Southwestern Energy Company [[SWN]] , Arena Resources, Inc. [[ARD]] , EOG Resources, Inc. [[EOG]] and Chesapeake Energy Corporation [[CHK]] . Furthermore, I want to be long names that supply parts to the snobbish, tight pursed drilling field. Names like Graham Corporation [[GHM]] , Weatherford International Ltd. [[WFT]] , Smith International, Inc. [[SII]] , Dril-Quip, Inc. [[DRQ]], Helmerich & Payne, Inc. Helmerich & Payne, Inc. [[HP]] and even Flotek Industries, Inc. [[FTK]] are of great interest to me.

Ladies and Gentleman of the internets, time has come to prepare whole pantries full of rice and beans, as a new ice age is upon us.

As an aside, [[UNG]] is a bit interesting here too, despite the criminal nature of the ETF organization supporting it.

In short, today is a meaningless day, best suited for men in green leotards and velcro shirts. “The Fly” is busy, so don’t bother asking about any of his positions.

NOTE: I sold out of TriQuint Semiconductor [[TQNT]] @ $8.38, McMoRan Exploration Co. [[MMR]], Align Technology, Inc. [[ALGN]] @ $15.20 @ $8.63 and General Cable Corporation [[BGC]] @ $39.75.

See that chart up above, pal? That represents the low intelligence quotient of our media (Jon Stewart interview, March 12th, 2009 aka “The Absolute Bottom” in the market). Granted, Jon Stewart is a comedian, a clown if you will—masquerading on the teevee, doing all sorts of zany things. However, if you recall, people were applauding him for ripping into Jim Cramer, who made the horrific error of making bullish calls on the stock market (shocker). Back then, the market was on the precipice of death and Jim Cramer was a pariah. Fast forward 7 months and Jon Stewart is shining Jim Cramer’s shoes. Believe you me, I do not kowtow to Jim, mainly because I do not care about Jim. “The Fly” is indifferent in that he hates everyone equally. Hate is a powerful thing; it’s better than psychotropics.

At any rate, in retrospect, I think it’s worth mentioning how incredibly idiotic and sophomoric Jon Stewart was, on March 12th, 2009 aka THE ABSOLUTE BOTTOM. Scratch that: Jon was/is a nefarious and “goon-like” caricature of someone who hides behind the veil of humor, using his bully pulpit to make politically charged accusations and cast aspersions upon those who are easy targets, all the while behaving in a very “ha, ha, look at me I am a big red nosed clown” sort of way. Cramer, with his affable Wall Street persona, was the perfect target, not only for Jon [sic] and his ridiculous show, but for all of America—due to their “brick in water” approach to investing, all thanks and praise to our mutual fund/pension fund industry— fully invested at all times— covenants.

In short, Cramer gets the last laugh and should be permitted to throw a whipped cream pie into the nose of Mr. Stewart, quite frankly and ever so sincerely.

Nothing quite says “you’re a loser for owning me,” like a 10% drop in share price—FOR NO GOOD REASON. That was my day, today, with Flotek Industries, Inc. [[FTK]] . It’s like the stock was drinking a nice glass of chardonnay— and out of nowhere a few jerks from Brooklyn stepped up and punched it in its face. Let me tell you, if Flotek Industries, Inc. [[FTK]] was a person, I’d punch it in the face my damn self.

The whole market is geeked out, money sloshing all over the place. Today it’s horned out on basic materials; tomorrow it’s soon to be bankrupt banks. Who knows?

All I know, the market has no interest in going lower. There will be FTK‘s; don’t misconstrue my enthusiasm for immortality. However, if you are dedicating your damn life to the short side, your gross commissions or profits will soon be nonexistent. And you deserve it, in all sincere honesty.

Remember, only stupid people are poor. Don’t give me the homo’d story of privileged versus growing up in the sewer box and how it translates into success or failure. The Lord knows I grew up punching my friends out of trees and eating leftovers, for like a week straight. So don’t come here with your soppy, floppy stories, crying about how you’re a loser because your Mommy and Daddy could not afford Harvard. You are a loser because you choose to be one. That’s all.

As an aside, the NY Mets are the worst baseball team in the history of organized baseball, including all minor league and college teams.

Still waiting for that elusive pullback, bear fondler? Keep waiting for the market to collapse and I will keep banging out coin. Granted, Flotek Industries, Inc. [[FTK]] is a stubborn little whore, always the disappointment. Aside from that, for the most part, all of my positions are up—effectively inflating my ego to an even higher level of arrogance.

I want to buy new stocks, but will refrain until my existing cast works its magic. For example: early this morning, The PPT flagged a buy on Fuqi International, Inc. [[FUQI]] , a stock that has been flagged a buy from single digits, with incredible accuracy. But, instead of stepping in, “The Fly” threw potato chips at his screen, in a disgusted, non-nonchalant sort of way.

It’s true, most of you disgust me, with your stupid questions and pointless existence. iBC is not like your retarded college class. When you come here, especially on my blog, MOST questions are considered “stupid” and entirely irrelevant to me. So, don’t bother asking me stuff; it only pisses me off.

As you know, agriculture is on fire, thanks to a bullish research note out on Potash Corp./Saskatchewan (USA) [[POT]] . Here is the skinny: your dollars are under attack. Run Forest run!

You must hedge thyself from the irrelevancy of the paper inside of your wallet. Buy gold, silver, ag, oil or even nat gas. Do something, or else you’re gonna be shining my shoes.

Top picks: Equinix, Inc. [[EQIX]] , Sociedad Quimica y Minera (ADR) [[SQM]] and Aracruz Celulose SA (ADR) [[ARA]]
UPDATE: I sold out of Barnes & Noble, Inc. [[BKS]] @ $20.10 and bought 3,000 [[ENTR]] @ $2.88

Twenty five percent of the S&P 500 will report earnings this week. If the market is going to fall apart, or break out, this is the week for decision.

iPCS, Inc. [[IPCS]] caught a bid today, continuing the mergers and acquisition trend, which is slowly but surely becoming a viable theme in this market. With commodity prices on the mend, trending higher, it’s only a matter of time before equity is used as currency, in order to consolidate.

With my money, ahead of numbers from Apple Inc. [[AAPL]] , I want to be long names that leverage off of the At&t network, such as: TEKELEC [[TKLC]] , Ceragon Networks Ltd. [[CRNT]] and ADTRAN, Inc. [[ADTN]] . I’d be shocked to see a weak number from Apple Inc. [[AAPL]] , positively mortified.

Separately, I am intrigued with the on doings at [[ENTR]] and how many of their MoCA chips are being placed inside cable set top boxes. Moreover, with Verizon Communications Inc. [[VZ]] offering further discounts for its customers, in an effort to draw in more subs, which will require more ENTR chips being deployed at Verizon Communications Inc. [[VZ]] aka their biggest customer, providing everything goes according to plan, ENTR‘s stock price is heading higher.

Finally, I am bewildered by Corning Incorporated [[GLW]] weak share price, given the “robustness” of its business. That’s quite alright; I have all the time in the world to see this thing through to $20. Oh, keep your eye on Equinix, Inc. [[EQIX]] , for it’s about to “roll.”

UPDATE: Back in 2007, there were food shortages and gas lines, all thanks to “global growth,” embodied with all of its joys and splendor— throwing the working man (you) into idle sewer pipes and cavernous manholes. Now, we have a different scenario.

Post unwind, central banks have flooded the system with “banana money,” as in “Banana Republic” style fiscal policy, not to be confused with the egregiously overpriced retailer. If you see the highs of 2007—just north of 450— on the chart featured above (CRB Index), consider the following:

• “Global growth” can regain 2007 levels, with no problem.
• Due to the crash of commodity prices, during most of ’08, capacity is not nearly what it was in ’07. In other words, mines were shut down and rigs were stacked. In order to get capacity utilization back to the 2007 highs, it will take some time. No one thought we’d recover this fast, including the mining/oil & gas giants.
• The creation of fiat currency is habitual (think drug addict); policy will not change. “They” do not care about “your” quality of life, only preserving “the game.”

Bottom line: Barring some sort of sincere intervention to buoy the dollar (rise in rates), the CRB index is not even close to the top. We can take out 450, no problem, sending your grocery and electricity bills through the roof, yet again. At this stage, the ball is already rolling towards that direction, major props to Jakegint for seeing it early. With my money, I will hedge out my egregious monthly tomato expenses with an oversized portion of basic material stocks, over the coming weeks, months and possibly years.

I “donated” some of my money to the Homofied Bear Foundation today, in an effort to promote goodwill and improve upon my karma. I do not fear losing money, only opportunity.

There is not much to say, other than: I shall return from my slumber to take your head from your paltry shoulders.

Into the bell, I was most impressed with Equinix, Inc. [[EQIX]] , ADTRAN, Inc. [[ADTN]] and Sociedad Quimica y Minera (ADR) [[SQM]] .

I will be present on Monday— to strike fear into the hearts of the weak kneed.