Since I’m Already Guessing: I GUESS WE GO UP

I barely made it out alive +13bps at the close with a fully long and unhedged book. Look here chief. No one wants the market to crash more than me. But let’s face facts: this tranny govt is strong and they rig things to their liking.

Let’s look at the Stocklabs mean reversion algos, which flashed OS on the 16th of August.

We have gone fucking up and if you see the previous occasion — this fucker went straight to OB, castrating men who wanted to “bang” providing them vasectomy faces.

The way I see it, I have no idea what the fuck is happening out there anyway. I might as well throw darts or draw tickers from a hat. The reason why I’ve underperformed this month, DOWN 11%, is due to my flippe flopping from one bias to the next. I’d like to blame my POW camp styled diet and my TORN ACL for this disaster. However, if being honest, I’ve felt this way innumerable times in my trading career, a sense of deep dread and vacancy. I feeeeeeel as if I have no real direction, a nomad in a tranny world of people vaccinating themselves with poison and rooting for death and destruction — but at the same time profiting from it all via a clowned stock market.

In other news, I shaved my fucking beard — which may or may not change my recent fortunes.

It all makes for great theatre and curiosity.

I am being spit out unto the pavement with the lot of you. We opened grande and then began to fold and then we ran straight the fuck up and now straight the fuck down. My gains have gone from +112bps to +31bps and I am bleeding out no matter what I do. If I sold everything and had 100% cash, I’d somehow manage to lose money.

This is what we’re dealing with now. I know that this sort of fucking verbiage gets me MUHHHHHH SHADOW BANNED on Twitter/X; but I simply don’t give a fuck. I remember back in the olden days when the troglodytes at Stocktwits used to censor me and email me about “4 letter words.” Seriously fuck yourself and grow the fuck up you invalids.

I am very upset and also perplexed. I was expecting to enjoy a slow day at the office, supremely successful in guessing the right direction for markets. Now I have to work and get real serious and begin to worry and plot and scheme. It’s all so tiresome, only because I fucking suck now.

+28bps at the close of this fucking blog.

On about August 1st 2023, I stepped onto the scale and saw I had gained some unwanted weight, in spite of my regularly physical activities. This is most likely due to my gluttonous behavior — eating cakes and cookies like a fat fuck. Angered by this dose of reality, I drastically cut without regards for muscle or being reasonable. Since then I’ve shed nearly 11lbs, as if I was a prisoner of war — more than the weight I need to lose.

While it’s true, there isn’t a night I do not go to bed hungry, it’s also true that life isn’t about having fun and pleasing myself — but instead an endurance challenge. I demolish obstacles and ignore with seething hatred the things that annoy me. Some people tell me of their diets, as if they’ve just re-invented the fucking sail boat. Look here, jackass, output more than you input. It’s that simple. What is your maintenance caloric intake vs the amount you ingest? I don’t need to count anymore — because I am full aware of what constitutes a chicken breast or a teaspoon of olive oil.

The bottom lie is you need to shut the fuck up and STOP EATING. Just fucking stop and when you get hungry like a little bitch — get angry for being such a pussy.

As for markets, I was fully long into the wonderful open and now sit with gains of +72bps, slightly hedged. It has been a cantankerous month for me, so I’m not pushing anything and will bide my time until the eventual and splendid collapse to come in September.

I woke up at 4am because I had some overnight trades that were going to fly. I was smarter than everyone else because I had an account at Webull which enabled me to trade at 4am, whereas the morons at Robinhood and Schwab had to wait until 8am or later. I felt good being smarter than everyone else and liked to tell people my secrets — because it made me feel better.

To my surprise I had 2 or 3 stocks lifting 30-100% at 4:02am. My wife was sleeping next to me and I needed to make sure not to make too much noise that would wake her. I am, after all, a good person.

Looking at the bids and offers and the overall excitement of the tape, I decided to place my offers to sell 5% above ask. I got filled and boasted about it inside the Pelican Room and then went to sleep, setting my alarm for 9am.

Upon waking up, I went downstairs and made myself a double espresso latte and then sat down at my high powered PC with my numerous screens. I’ve found that the more screens I had, the more information I could attain, the more money I could make. My wife wasn’t particularly fond over my screens — but what did she know? She wasn’t awake at 4am making $20k — I was.

The market opened and everything lifted. My gains were at around +6% for the session and I was just getting started. I had a certain bias about a certain sector of the market that was becoming popular and all I needed was for more people to become attracted to it in order to jimmy-rig those stocks higher. I felt good, successful, and pleasant. I was always in good spirits when making lots of money — because being charitable makes me feel good. What better charity is there than me helping others attain wealth through my wisdom filled advice? I was like literally helping the world be a better place.

Lunch time came around and I asked my wife to “make me a sandwich pal — and more coffee.” She never liked me talking that way — but I did so anyway — because I was in good spirits, healthy, and generally gregarious.

I took to my website and boasted about my exploits and then to Twitter and then back to my trading room, where everyone was wealthy and in good spirits. There were a few people who were short stocks and losing money. I didn’t feel bad for them — because it just seemed to me they were stupid and deserved to lose — a form of Darwinism.

At the close of trade, I made about 100 trades for an overall return of +9%. I made sure to leverage my portfolio into the close at 180% long because SPACs were fun and often ran well into the evening. My buddy called me up after the close to discuss his book. The clients he managed money for sent him more money to invest and I felt pity for him and them because he didn’t know what I knew and would never make as much as me. I tried to help him understand what stocks to buy — but I knew giving him this information was a waste of my time — since he just wasn’t capable of trading as good as me.

At around 7:30pm, while at Target with Mrs. Fly, one of my stocks ran up by 40% on no news. It did not surprise me and I really did feel as if the “Stock Gods” favored me for a variety of reasons. I was of course a “good person” and also very smart. These two things entitled me to gains largess. Plus I had put in so many years of effort into perfecting my craft and now felt I was one of the best, if not the best, trader alive today. The fact that I wasn’t as rich as others was a mere inconvenient fact. I attributed that to other things beyond my control. The facts spoke for themselves. I had gains of an unparalleled nature and it wasn’t an accident. I was special and it felt good to think that, so I did — but I kept it inside and didn’t reveal it to my wife because I was, of course, a good person.

During the Trump administration years one of his biggest detractors was a person called BILL KRYSTOL, widely hated by both the right and the left. He is what is called a “neocon” and doesn’t really have any allegiance other than to spread “democracy” around the world through war — the neocon doctrine. They’re a lot like Trotskyites and if you track down his lineage you will find his father was King Neocon, who of course had close ties with Trotsky. The neocons were the aggressive communists who wanted to spread their way of thinking through war and then they were ousted out of Russia: they came here.

Those same fuckers coopted the republican party and made very specific appeals and for a while went unchecked, especially after 9/11. But now it’s pretty obvious they’re all war-pigs who don’t like America the way it was or is — but have a vision for it the way they intend to rule over it.

My point is, Bill’s favorite candidate was and always will be Nikki Haley. Aside from never-ending war, Nikki also wants to nuke your social security fund because giving it to you at 65 is simply too young and needs to be more in line with your DEATH DAY.

I only tell you of my opinions to warn you — in case Nikki suddenly surges in ze polls and starts to collect all sorts of campaign donations and/or becomes the VP candidate.

As for markets: I have no business trading and made a mess today, losing 1.1% in whip-saw action. We jumped higher and both my quant and longer term accounts made money — but my indecisive trading, coupled with lack of conviction, caused me to get churned. I lost 1.5% for the week, now down 11% for August — up 33% YTD.

What to do when slumping in such a manner?

Normally you want to trade through it and stick to one conviction. The issue I am having is the market is behaving anticipatory and I am an instinct trader. In other words, the momentum isn’t there. The moves are had only if you positioned ahead in anticipation of such a move. Once you see the move and lured into it — it’s over. This isn’t always the case and I always do best CHASING performance.

I closed with a fully long book — probably the most bullish book all month. I am positioned this way because of today’s action and guess that if rates didn’t jump after the Fed said they’d raise em’ again today — there is a good chance we could see stocks rise again on Monday. Either way, it has been dreadful for me and I have not enjoyed my job trading, which reminds me why I quit money management and how I hated it during the bad times.

The highs are high and the lows are very low.

I’ll summarize my trading day thus far and then offer some opinions on what the fuck is happening.

“OMG — I have to cover my shorts — this market is going to suck Powell’s dick.”

“Hey now, this doesn’t look too good. Let me hedge.”

“Oh shit it’s happening — the market is gonna bust the fuck loose — let’s get some cool growth stocks and relax.”

“HOLY SHIT — what’s happening. Sell sell sell. Let’s short this motherfucker into the ground.”

Net net, I am down 25bps and now with some shorts to make myself feeeeeeeeel better. Apparently Powell at Jackson’s Hole is giving the market the old hucklebuck, shoeing all of the bulls in their asses.

US 10yr is +5bps, the Nasdaq is lower by 35, oil is up and the US 3m is now yielding 5.5%.

So let’s make this simple for even you fucking retards to understand what is going on.

Do you have an account at Treasury Direct yet? If not, what’s stopping you? You can take your cash and get 5.5% for 3mo bills. Why keep your money in your bank yielding less when you can get more risk free?

Do you understand this behavioral choice — simple yes?

CHARLES FUCKING SCHWAB IS GOING TO GOD DAMNED ZERO.

Last night you went to bed with homosexual fantasies of prancing around today happily enjoying the gains from $NVDA. Instead of that happening, a dark cloud loomed large over Joe Biden’s stock market and CRASHED IT into the fucking rocks and dirt. All of the bulls, each and every single one of them, bled today. They’re gonna bleed some more tomorrow.

The $IWM is now in the hole by 7.7% for the month — the worst August since 2011 when the fucking Greeks were selling island to pay their bills.

Shares of $NVDA closed flat, and lower in the after-hours. The one thing the bulls have going for them is JACKSON HOLE — where Fed’s Powell will give a speech tomorrow. Dare I say he might assuage markets to stave off the inevitable?

Either way, I managed to bear down and work through what I viewed as a difficult tape, limited my losses to just 15bps. I closed a gigantic short before the bell and kept a 10% position in $TZA. I only keep the short so that I can dream tonight or nightmares on Wall Street, cascading prices prompting margin clerks to kick open doors and liquidate accounts at the market. Ladies and Gentlemen, we are on the precipice of LIMIT DOWN trading and there is nothing you or your stupid friends can do about it.

Whether markets recover or not from the morning debacle is anyone’s guess. Although I am delighted to see things spinning out of control to the downside — bulls running for cover with a trail of rainbow flags in their wake, I’d like to take this opportunity to remind you to check with your local medical professionals about this year’s COVID-19 vaccination.

If old or auto-immune deficient, you’d be wise to visit your local CVS this autumn and have a frank conversation as to the timing of when to receive your annual shot. While it’s true, you might get COVID this winter — you will be GRATEFUL and thankful for the scientific community of hard working persons for the lack of severity in your illness.

It also might be a good time, seeing how COVID is busting loose, to have sincere conversations with people you know who are anti-vaxx. Offer them links to medical journals, written by experts, and make an valiant effort to educate them.

Alas, the time has come as a society of fair minded people that we no longer tolerate those who reject science. To ensure the safety for all, experts agree that measures should be taken in order to assuage those who are vaccine hesitant to make the smart decision to protect themselves, their loved one’s, and neighbors.

If you want access to professional medical care, such as birthing centers or cardiac and cancer wards — you must be vaccinated.

If you want to buy food in person or dine out or enjoy traveling, viewing concerts, ballgames etc — you must be vaccinated.

If you want to travel cross-state — you must be vaccinated.

If you want to work inside of an office with others — you must be vaccinated.

Naturally, the choice is yours but we all must chip in for the benefit of the whole. By not vaccinating and believing in online conspiracy theories, you place all of us at risk.

It was supposed to be a grande opening — heralding in a new era of prosperity thanks in large part to $NVDA and their glorious earnings. Instead, we got a hard red candle at the open and a small capped index LOWER by 0.54%. Breadth is languishing at 54% and the US 2yr is +6bps to 5.01%, of course INVERTED heavily vs the 10yr but the 2s and 10s don’t really matter any more.

All that seems to matter these days is the NASDAQ 100, so we’ll keep a very close eye on it. We’re up 40 now — down from +195 in the futures last night — an awfully dreadful and demoralizing collapse of fortune. But it’s early and let’s not count out the bulls yet, for I am sure they have more tricks up their tranny sleeves.

Oil is lower, stocks are cratering — it’s the god damned end of the world!

I made it out alive today, +41bps in somewhat chaotic trade. I ranged from -55bps to +71bps and closed with tepid, but ok returns. I am hedged at 15% of holdings into what the market views as the most important earnings of all time: the AI chip maker $NVDA.

I own the stock from a long time ago and have no intentions to sell — because why bother? The company is on the verge of creating a new civilization and with the profits they make — I am nearly certain my good fortunes will increase.

Overall, the markets stampeded higher by +200 NASDAQs based on the collapse of yields, -11bps. We are completely directed by the bond market now and if I was a betting man — I’d bet you’re all gonna get fucked come September.

That’s right — the gloom and doom of the Autumn beckons. With the foiling of the trees and browning of the landscape, your portfolios will soon turn to shit. My best guess is for a spirited attempt to rally into the final week of August, since the $IWM is knifed down by 6.5% for the month. But nothing can save you from the horrors that are to come.

We already know the consumer has died and with it the profits of corporate America. It’s only a matter of time before these things are priced the fuck in as you are inexorably priced the fuck out.