Fly on WallStreet

Spearheaded by good CPI numbers, the market was pulled higher, partly due to Homebuilders, Financials, and select Tech stocks.

Absent from today's rally were the semi's, down .04% on the day.

Just to recap what I "learned" on CNBC today:

- Oil is going down to "$45 bucks" and Natural Gas to $2.

- The OIH ($125.4) is going to $90. SWN and CHK are good shorts

- The consumer is-on-fucking-fire, buying all types of stuff from iPods to RAZR phones to Ford SUV's

- The Fed is done raising rates. Therefore, the market can ignore slower-than-expected growth and go MUCH higher.

(sarcasm off)

I firmly believe watching CNBC lowers my IQ. Next week, I am turning those fuckers off for good, in favor of the boring, but competent, folks at Bloomberg.

With regards to my holdings: I underperformed this week, +0.6%. However, I am still smoking Cramer (-1.5% on AAP) by 24 percentage points, bitch.

I took on new positions in VLO, NGAS and MZZ, while adding to my short in SIRF.

I covered 90% of my RACK short in the high 24's and will likely look to short more, above $28.

Finally, it is clear that just about everyone is bullish on the markets. Although, I believe the markets are set to top soon, I may buy some dips early next week-- so that I can feel cool and join the mindless bull-drummers at CNBC.

The following stocks had notable upside moves:

FMD, ICE, FACT, CBH, TWPG, CME, ISE, LEND, FCFS, JSDA, VPS, WBD, COT, PDA, LNY, MTH, HOV, NVR, CHB, KBH, BXG, JOE, IRBT, ASEI, RMIX, CLX, BYD, SYNM, DYN, XNL, LNG, STKL, NGS, AMSC, RTI, FNGC, DK, ASTM, STGN, STEM CCEL, ELN, ARNA, HYTM, PRZ, ORCC, ELNK, TSCM, BCSI, UTX, ADAM, ECLG, CNVR, QPSA, WZEN, BIDU, AUY, PCNTF, JRJC, CHDX, ZNH, JOBS, CAMD, LPTH, STLW, IIP, DVW, SILC, TKO, ATCO, LVLT, AANI, JAKK, BNG, CTRN, WTSLA, CBOU, ZUMZ, SCVL, TWTR, VLCM, NIS, TVIA, ECGI, ADBE, LNUX, MTIC, ADSK, ACTG, IBIS, MOSY, OIIM, UIS, SIMO, ACTS, CCOI, LTBG, LCCI, TKC, PHI, TAR, CLST, ARDI, VIP, CYDS, EXAS, LSCO, SWSI, SMTS, OMTR, QD, NGA, KAD, RWC, GGL, NYX, WLM, INT, DRL, BAP,ENSI, RBN,EGLT,MA, IRC and AVD.

The following stocks had notable downside moves:

NITE, DDRX, FFEX, CAV, DEVC, TARR, STRS, AMN, FWLT, CVTI, RAMS, RAIL, SWFT, WYNN, GEOI, MCF, PYR, GLBL, CPST, BTJ, DNE, FDG, DVSA, PRB, CFW, GPRE, NTMD, AVNR, STXS, GNBT, MBRX, GM, LTON, HSTM, ENTU, SNWL, FLWS, RATE, MAMA, NG, AMCC, RITT, VRSO, AVNX, SMDI, FTGX, ZHNE, TERN, TMWD, EVST, JDAS, PACW, TTWO, SEAC, SMSI, BOBJ, RMBS, SIMG, GNSS, MVIS, GEPT, DTLK, WDC, STEC, DSS, NTLI, PGWC, KONG, ALVR, PEG, BAS, TRGT, EICU, PNSN, MIND, TZOO, ROHI, QRCP, IAAC, ASTI, ANGN, HEPH, EGO, TRE, HH, ALY, F, AHG, DCX, PEG, HKF, ALV, FL, GT, GEG, VSH and AD.