Posted On: Saturday - May 1st 2021 5:31PM MST
In Topics:   Humor
Dump it! Drop everything! Don't even continue reading this ... WAIT! NOT YET! ... blog post, until after you call your broker! Peak Stupidity has given financial advice before, almost always retroactively, which we find easier, so heed us now, before the whole sector crashes to the ground, like a COVID-infested infested airliner flown by a 90 year-old Chinese diabetic named Wie Tu Luo! OK, now!
I'm talking about the Floor Sticker Sector, people. Back in January of '20 we told you (before our •Indian tech support associate accidentally deleted the post 20 ms after its publication) to go long floor stickers. We favored the anti-slip market in general, but anything with warnings on it, most especially about germs, that could be stuck to the floor or pavement was labeled an SB* or even a HIGOYAABTSN** by our anal-ists.
Well, this market has been saturated ... with grime, COVID-one-niner materiel, and occasionally dog poo The stickers are all getting dirty. Nobody is replacing them, because nobody is even paying attention to them anymore.
Though Peak Stupidity does not endorse technical trading, as, from that very post, the reader can see we think it's a complete load of crap, we did see some early signs of a peak in the floor sticker sector back in November. We would have called this out to our readers, but, again •Indian IT, or at least, uhh, we really couldn't see the death cross of the 30-day moving average and the 120 day moving average until about 4 months later, which is now. Plus our spreadsheet is locked up due to Zerohedge having crashed our computer. Still, in December we noticed a head-and-shoulders shampoo pattern in the 2nd-derivative curve of the YoY numbers, and we saw a complete discontinuity during the weekends, causing Calculus to quit working, at which point our leading analysts reverted to a double-diceal prediction methodology using our kids' Trouble™ set. The technicals all say "don't stick with the sticker sector". Step off now, Bitchez!
Short story long, we hope this financial advice will help our readers return to solvency as we come out of this totally unexpected national economic malaise from the LOCKDOWNS, hopefully by the end of the weekend.
[Disclaimer from PS Legal Department: There is absolutely no point in suing the Peak Stupidity corporation on the grounds of bad financial advice, as WE OWN NOTHING! All assets are in our wives' and girlfriend's names. The only thing you will see upon service of any subpoenas is semi-automatic weapons, which we also don't own, as they are on loan from the pawn shop.]
* Strong Buy
** Hey Idiot, Get Off Your Ass And Buy This Shit Now!