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Yearly Archives: 2015

Awaiting a Wonderful Week of Trading

The Nazi dictator, Angela Merkel, mentioned the specter of a “Grexit”, or as normal people would refer to as a welcomed and deserving tragedy for the people of Greece. All of the loungers and rusticates in the Greek isles might be forced to work 8 hour days, away from booze and cigarettes, in the event of european welfare being rescinded from their greasy fingers. Naturally, they should all be rather content to have sufficient places to sleep and eat, given their inimical history of gross ineptitude. Most people in the western world associate the Greek populace as lovers of sodomy, rather than being an industrious, studious, type.

Oil is trading lower, as is the recent custom to do so. The black, criminal, hearts of the OPEC members should burn in hell, twice over, for the volatility they’ve thrusted upon us (just the hearts, mind you). These men are villainous scoundrels, operators of harems, filled with drugs and beautiful women, and other things that I’d never want in my life. The nerve of them charging 50% less for the very same crude they sold to us 4 months ago. I want a refund for all of the rip off gasoline I was forced to purchase over the past 6 years. And more, I want reparations.

Perusing over the internets, I was stunned to find so many stock market finaglers, experts in the art of trading mastery, rooted in magic from the orient. Here I thought the world of finance started and ended at iBankCoin. Apparently, there is a whole world of charlatans and primitives out there, posting pictures of luxurious items, in order to curry the favour of weak minded booze hounds. Shall I post a picture of my foot inside of a rented Ferrari, reminding you that this month’s lease was paid for by one of my many successful swing trades?

Most of these chaps aren’t qualified to work an onion patch, let alone manage serious money on behalf of people with rational goals, on a professional scale. It’s not that I hate these people, or possess even the slightest feelings of jealously. It’s just that I wish to kill them all and set their bones  aflame, mash them into dust, and then flush them down a toilet. Not any toilet of course–especially not one of my own. No,  I’d have to travel to a filthy pub somewhere– in a dark, backward city– to accomplish the deed. Perhaps I could film their ashes, accompanied by their faux Rolex watches, as they succumb to the inevitable coriolis force of the toilet flushing them away? This is the only way to describe the method by which one would dispose of such characters, paired with hand organ and monkey type thinking, rich with superstition.

 

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The Income Investment Report is Here

It was a long week and I am glad the market will be closed for the next two days. In the meantime, I invite you to check out and subscribe to the IIR, created by Cain Thaler. If you want some good dividend ideas or ones to avoid, crafted by a trained mathematician, this is for you.

It looks like I’ll close the day flat, coming back from a 0.8% deficit, earlier this afternoon. I’ll take it.

IIR

 

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Thanks For This

I could’ve been anything: a shyster lawyer, astronaut, trash man, CNBC anchor–anything at all. But when I was 10 years old, for no reason whatsoever, I decided that I wanted to be a stock broker. Since then I followed the market and began to invest. Its been a long time since I felt honored to be in this fuckhead of an industry, the NY Mets of career choices.

There isn’t enough money to pay me to do this forever. There will come a day when I wake up and say “fuck it”, hop onto an airplane, and disappear into the rocks of Romania. I know you think Fly is just being Fly; but I am dead serious. Everything is wrong about this industry. I do, however, enjoy the blog and talking about stocks. I also enjoy making money in stocks and dealing with drawbacks. My issue is wasting time.

For example: we all know QE is coming, yet no one will admit it–not even the Fed. We all see TLT and what is transpiring in the commodity markets. All brains are on pause and the circus act continues. So, I have to wait and wait and wait to be proven right, which will eventually happen. From GPRO to FRO, all of my ideas will be proven right, eventually.

I know HABT trades like it invented cancer, which is why I am dollar cost averaging once per month for 12 months. I’ve bought the stock in three months and will continue to buy it for another 9. Using that logic, it is in my best interest to see HABT trade down to $5.

Do you see how stupid this all is?

After a dumb day at work, I get to mope about the house, muttering to myself about how stupid the world is, drowning my thoughts into a large goblet of 2005 Bordeaux.

In the meantime, I get to sift through flaming garbage, taking in the aromas of fatalistic capitalism–betting on its future.

Ironies abound!

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I DID MY DUTY

Like a good solider, I ran into an enemy minefield and dodged a few dozen volleys of artillery shelling, just so that I could buy a hamburger.

I added to my HABT position. I have 9 months of buying to go.

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New Year; Same Market

If you were expecting a new market, with brand new stocked market gains, today you were reintroduced to the torture chamber that is equities. TLT is at new highs and commodities are circling around the toilet bowl again.

It is deflation, gentlemen. Every aspect of your lives is deflating, from your social status, to your adventures at the mall, to your common stock portfolio filled with AAPL. Life, as you know it, is trying to change. But the Federal Reserve and their counterparts abroad are trying to keep the status quo going. They are opposed to a Mad Max world, where human skin is sold on the open market, and cannibalism is considered a legitimate form of sustenance.

When I saw the market +100 this morning, I refrained from celebrating over a nice blog and bottle of champagne. Instead, I waited for the pain and agony to take hold. Now I am here to celebrate, one way or another.

Most of my stocks are lower and the market is doing exactly what it did in 2014.

Surprise and welcome to your funeral.

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BEHOLD: WINSHIP IS ABOUT TO RESUME

Following an off year, “The Fly” is geared up (extra commando) and ready to resume his supremacy in the capital markets. The first week of January is always the most important. It sets the tone for the year and is crucial in determining mood and sentiment.

I step forth into 2015, not as a broken man across the rocks and gravel, but one keenly intent on redemption. I am like a shark circling a pirate ship, waiting for someone to take a swim.

Early going, I expect bounce back rallies in a lot of beaten down industries, then more of the same. Remember, earnings are around the corner and these oil companies are going to disappoint and scurry about to raise capital. It would be wise to profit from the coming reflation trade, segue out of it, then re-focus your efforts on industries who benefit from cheap energy.

Cash and half measures are reserved for the weak and mediocre. I am not interested in making a little bit of money, God damn it. I want it all.

 

NOTE: iBankCoin’s Income Investment Report launches tomorrow. This is a report prepared by Cain Thaler, highlighting dividend opportunities and ones to avoid.

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