Rot Underneath the Veneer

I want to believe in the fairy tale — the good guys on Wall Street winning for America — making stocks go up not because they’re rigging it but because Americans deserved it. I miss the days when we’d play sticked ball and hit homeruns into the windows and into the living rooms of the people who were unfortunate enough to get in our way. But I’m taking a look at this tape and do not like what I see.

Maybe it’ll clear up tomorrow and we can all but happy and sashay about the office in linens. But as of right now, I want zero bid trading.

Here’s what I hate about today.

Rates are lower — but no one gives a shit.
WTI is down 5.3%, behaving as if the world entered a depression.
The homosexuals have kept the NASDAQ flat — but the plebeian class suffer immensely in the Russell down 1.7%

Names on the chopping block include:

$CSCO -11%, $PANW -6%,$PLCE -27% on news everyone is gay and there’s no need for children’s clothes, $ABR -12%, $IEP -12%, $BABA -9%, $WMT -8% and on and one.

I can keep going you fucks. It’s fucking over.

It’s important to remember, when seeing pain and suffering amongst the third estate, the catamite elite are still doing quite well and shares of $AAPL, $AMZN, and $GOOGL are strong. The trade is simple and as follows:

SHORT THE FUCKING RUSSELL INTO THE GROUND, hedge that with longs in the catamite tera cap techs, and possess cash in excess of 50%. For sport, even though it’s likely to lose me money, I am long some $UVIX here — as I hope the bears start eating the bulls like Pacman into the final hours providing a spike in fear and panic on Wall Street.

Thus far, my forays into the market have resulted in a loss of 113bps.

Markets are basing out this morning with weakness in small caps and of course the fucking scientist in the biotechs. The price of oil has collapsed by 3% and gold is up, which is a trade I’d rather not take. I just cannot think of a world where oil is down and gold is up. Well, I could but it’d be a very bearish one and at the moment, I’m a bull.

On that note, my bullish position has me down 97bps early, thanks to $COST $MSTR and several other piece of shits. Don’t worry, I sold them and made myself small in order to keep my losses manageable.

Like I said yesterday, losing money is fine. Being wrong is fine. But deluding myself for the sake of ego and letting things spiral isn’t fine.

I’ll try to perform magic acts to get back to profit today, but it looks like a downer.

There are times when trading that I am coy, unsure of myself — but never afraid. And then there are times when I am extremely brave rooted in convictions and end up producing outsized returns. I am presently in the latter phase and have a sense of being indestructible.

I’ve gone through the crucibles and have made it out the other end at RECOURD HIGHS. For the most part, I’ve remained at RECOURD HIGHS since the COVID lows and have 10x’d my account in a manner that is unbelievable to the washed up or newly minted trader.

I closed the session +87bps and have positioned myself for EXTREME GLORY tomorrow, blessed by the Gods to provide the working class with cogent and decipherable dialog to help them escape from their hellscape existences.

Thursday is by far the worst day of the week for stocks this year.

After the close, both $PANW and $CSCO shit the bed and all appears to be lost. The mood is grim and dire and men leveraged long are looking at their windows now, thinking about how fast they could open it and jump out of them tomorrow when markets open LIMIT DOWN. Yet, I have no fear — none at all.

THEN THOUSAND blessings are bestowed upon “The Fly” and whatever happens tomorrow can be fixed. Everything can be fixed and made to be better. This is the real timeline of human existence.

The nature of trading is as follows:

We place ourselves in a position to win with minimizing risk. At times we push the envelope in an effort to outperform. If said gambit goes awry, we simply take the L and reset and move on. If I get harangued long with losses tomorrow, I will not enjoy it — but I won’t let it stop me either. Traders get washed out when they get paralyzed by their mistakes and are unable to reset and start again. Since that’s all I do is reset and start again, I am not afflicted by this problem and hence possess the ability to pivot and reassess my position.

Look at me — I have no fear of a pullback. Lots of things can happen from now until the closing bell, yet here I am heroically 95% long, just 5% cash. This type of courage is rare these days and I only exalt myself in order to give you courage too. Get the fuck out there and own some stocks — be a man.

The bears might have you believe Xmas season is all but canceled and that stores will only be looted by thieves and grabblers — leaving nothing left for the Blackened Friday people to fight over. I think this is a pessimistic view on Pax Americana.

I’m sure the thieves will refrain from ruining the holidays for others and instead of looting — they might pull out their American Express BLACK cards and pay for their wares. After all, this is a Christian nation and the people of America would never sully the name of Jesus Christ just to more easily afford to wear designer goods made by the devil.

I view today as a consolidation day following a waterfall rally. Tomorrow will be up. More after the bell.

I cleared out my positions in my trading account, which was 100% long, at the open for gains of 103bps and fucked off until now. Now that I’m back I see stocks were trending lower, likely on fears of rates heading back up. The US 10yr is +11bps and you have every right to be scared.

But not me. “The Fly” doesn’t cower in the face of selling. I bought a monstrous sized $SOXL position here — because it’s the right thing to do. Into the final hours I’ll allocate fully into this tape, based on several important factors.

1. The Bull Market is back.

2. National Festival Days looms.

3. Target earnings were good.

Inside of Stocklabs I have 3 other portfolios, in addiction to trading. One is a quant, which is 20 stocks allocated once per month based off the Stocklabs algos. The other is a Tesla account, which only buys $TSLA once per month. And the other one is my strategic holdings account, which is designed to be a longer term account — custom tailored for people who work long hours at the coal mine and cannot have freedom when the sun is outside.

That account owns $TGT and is up nearly 9% for November. I tell you this to boast and brag about my good fortunes, letting you know all of the many tricks I have up my sleeve, basically indestructible.

Let’s go over some rough stroke about what transpired today and then I’ll tell you what I did.

The newly formulated CPI data has confirmed that Jay Powell defeated the inflation scourge and has truly done a miracle in raising rates whilst at the same time producing an environ for rapid growth. I do not think this has ever been done before, so congrats to all involved.

The net result of the weaker than expected CPI data this morning was atomic detonations across the portfolios of bears — led higher by stocks of ill repute. The Russell 2000 was higher by 5%. The dollar was CRUSHED by 1.75% vs the Euro and the US 10yr was down 18bps.

What the market is saying: rate cuts are coming and we’ll be getting them before Europe. Ergo, and this goes withour saying, the stocks that led the market higher were heavily leveraged free cash flow losers — stocks considered dead in a high rate environment because the cost of capital was thought to have been restrictive. Well, in a lower rate climate, the zombie companies can flourish again and get rich off the fat.

As for me, you should’ve seen me out the: resolute and stoic — methodical yet daring. I weighed into the market mid afternoon after opening down 71bps after getting poleaxed early in TZA. I was ripping through the market like a champion, placing large bets — totally sure of myself and got all the way back to breakeven.

Normally speaking, breaking even on a day when the NASDAQ was +350, that would be impetus to throw myself into a lit fireplace. But not today, as I had other irons in the fire — all doing well. The trust accounts were all up, as they are PERMANENTLY BULLISH — and the most important factor was my absolute conviction in the near term direction of the market — which is up.

To understand the level of my commitment, you must know that I’d bet my soul to eternal damnation on stocks trading up from here. Given the vagaries of the internet, I will offer you absolute terms. The market will trade up else my soul will be forfeited to the fires for eternity.

In case you’re wondering, the Stocklabs mean reversion algorithms gave members ample time to get involved. For those who did, 10,000 salutations and may the rest of your day be filled with celebration amidst pomp circumstances, fineries deserving of a man of both honor and substance.

You might not like it — but the bull market renewed began today. The bulls are in their smoking jackets reading the papers, smoking their pipes, in the study at leisure whilst the market rapidly paces upwards.

My bearish colleagues out there will not believe what I am about to tell them — but it’s better they’d hear it from me than a transgendered bull. The battle is over. The GLOBOHOMO won and markets are going higher. We have an utter collapse in rates coupled with a 5% lift in the $IWM. This is a deadly one two combo to your jaw — cracking it loose and sending you down for the count.

I did my research and looked for manners of ways this could be a dead cat bounce but came up with very little. On the whole, large moves like this for the $IWM marked LONG TERM BOTTOMS in markets. There were occasions when the very next day stocks fell in cartoonish fashion — but I sincerely doubt that would happen tomorrow. You do trust me, no?

THE BEAR MARKET HAS ENDED. As predicted, not only did we have a wonderful November, which is ongoing by the way, but we also placed in a bottom for the balance of 2023.

I attempted a foray, skirmish if you will, shorting the market from 12-1pm and made very little. I then took on some longs figuring we’d squeeze the heads of short sellers into the final hours. Dare I say, I’d bet my life this might happen today, up more than expected because the bears got their heads caught in between floors wedged in the elevator shaft again — about to get their faces crushed in.

Remember when I talked all of that shit about not shorting into National Feast Day and that I’d need to remind myself not to do it, to follow my own advice?

Yep, you guessed it. Tricked and fooled at the open following benign CPI data that all but declares historic victory for the FOMC. I had some $TZA and $UVIX, like a moron, and luckily some longs to absorb the shocks. I had to sell it all and “lock in” losses of 71bps. Meanwhile, my strategic holdings portfolio, which is a very small experimental account of longs, is higher by 2.3%.

I sold my longs in the trading because I can recount numerous times missing rallies, only to buy in late, then to get my head sawed off for the balance of the session. I’d prefer not to be tortured into two wrong trades and would much rather just be wrong once.

That being said, I’m not finished for the day. I’ll let the smoke settle and the bodies fall where they may and I’ll head back in when things are calm. Right now everything is up 10%. All of the greasiest and trashiest names are soaring in one giant fucking short squeeze of pornograpic proportions.

Funny thing is, I don’t even know why I kept those shorts when I was bullish. At any rate, down 71bps isn’t too bad, all things considered, and I should now shut the fuck up about it and try to fix it.

Any idea how monotonous this is for me? I can do this shit from my phone and without any information and still crush markets every single year without ever falling behind schedule. I used to get very excited about my wins, especially when I managed money professionally — based solely on when I was able to change lives and/or make spectacular paychecks. But now my reward for trading excellence is dealing with drug addicts and wastrels — men of sub-mental qualities discussing the virtues of being homeless. There are times I think about offering bad advice on purpose — but refrain because I have rather stringent moral ethics and would always help my fellow man in need, providing said fellow man wasn’t a drug addict wastrel and homeless in the streets of San Francisco.

Speaking of which, Gavin Newsom might’ve ordered the execution of thousands of homeless men and women traversing the landscape of San Francisco, or perhaps he sent them into the sewers. Either way, they’re nowhere to be found now and he admits the city was cleaned the fuck up for President Xi of China.

You can view this piece of news and become angry — or you can look at the brighter side of things. All of our problems in America today can be fixed, if only the men leading us were motivated. The illegals can be scooped the fuck up and shipped the fuck out. The criminals can be executed and dropped in mass graves. You get my drift.

Alas back to markets, the ever interesting story of stocks and their inane trajectory. I am moderately bullish but need stocks to crash in order to satiate my seething hatred that’s all bottled up inside. We want vengeance and retribution and violence and all of the wonderous things that mark the tables of time and history.

On the issues of violence — the plebeian class has always been angered by what they deemed to be unjust and yet history books are filled with the virtues of the Mongols, Alexander the Great, Napoleon, and the allies in WW2. Were they the “good guys?” It doesn’t matter. History is written by the victors and the victors are the one’s hailing from superior civilizations that are able to leverage it into military might.

If the Arabs wanted to stop Israel they would but they can’t, so the merry-go-round continues as natural selection intended — afflicting the weak with the will of the strong — broadcasted live for all to see and you can do nothing about it but stop eating at McDonald’s.

I’m not falling for this rally shit. The NASDAQ was hammered at the open and ran straight the fuck up since then. I just can’t help myself but to HATE the market. Something must be wrong with me.

I have a $TZA position against some longs and am down only 10bps — but there is a fire inside of me that wants to place it all on SQQQ and then pray for its downfall. But don’t worry — I am a professional and would never do anything reckless.

There isn’t anything to analyze with this tape. We have all of the information needed to draw conclusions. Now it’s simply up to money flow and sentiment. At the moment it seems the GLOBOHOMO is ascendent, creating gays at an industrial rate all overt the west — whilst at the same time genociding the whites. Some whites are really mad about it — but about half have been psyop’d into not only accepting their own liquidation but embrace it. What else can I say?

For the remainder of the session, I intend to be active — pressing larger bets into the close. I have been trading carefully because my gains are +7% and I’ve always hated squandering gains more than anything else. I can more easily accept losing 5% of a month than squandering a 5% gain and closing flat. I’d rather lose money than blow a lead.