Shits About To Get Real As Fuck

When I saw Texas Roadhouse beat earnings and the stock went all uppy fucky I had a feeling we reached the top of this lying, useless, pathetic, wannabe, AI generated saigon whore of a market that is constantly pricing in forecast guidance from models with frequent formula errors in the wrong direction layered with overly optimistic growth assumptions and interest rates returning to zero like we don’t have a secret herd of black swans plotting in underground bases outside of Montana waiting to introduce themselves.

This has been very rewarding financially and some of you made ridiculous amounts of money placing the wrong bets you always do, but now they are hitting on the reg just like Texas Roadhouse.

Now they should know the results were favorable because fast food prices are stupid and for a little more you can have a big ass steak and throw peanuts on the floor just like you can at Five Guy’s.

I would never invest in restaurants because it’s just not what you should do, but if they take those fucking results as the new normal and forecast accordingly it will look very nice until they have to explain what happened next year when we are already 4 months into the real recession.

I’m calling the top this week with a 10% correction before the end of September. Next round of earnings should be enough.

I’m going to inverse this play starting tomorrow and maybe reverse it over the weekend just like they did in Tropic Thunder. The last comedy of an era before the 2008 financial disaster.