iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
17,082 Blog Posts

A Day of Reckoning For Perma Bulls is Just Around the Bend

I had to run some errands today, look into some office space, and saw markets made a late day rally — which prompted some of you indecorous types to respond glibly, boastful, filled with hubris. Remember, pride always comes before the fall. If you’re not careful and humble yourself, you might very well find yourselves in the midst of a ‘fag box‘ — trapped in outer-fucking-space.

The fact that Trump is gonna swing from the gibbet and markets rallied 200+ points off the morning lows is somewhat ridiculous, when taking into consideration how stupid the lot of you are. I am, unequivocally, long a handsome amount of UVXY, with a basis around $15.50. I am short BAC, NVDA and long RUSS — because Russia is going to burn. On the long end, I own UCTT, WLK, GCAP, HMNY, FIZZ and AQ. It was a poor week for momentum related names — but a fine week if you were chasing alpha.

Over in my quant portfolio, I gained 1.93%, which was about 30bps better than the SPY. I am able to do this because I position my portfolio where the money is flowing, each and every week. First, I analyze by market caps. After choosing the quintile that performed best, I apply my fundamental screen to it — and then finally choose 2 stocks per 8 sectors based on their ‘hybrid score’ generated by Exodus. The hybrid score is a combination of fundamentals and technicals. This ensures that I am buying the very best stocks, both fundamentally and technically, in the market.

And voila…I fucking manhandle and crush markets each and every week and don’t even have to break a sweat to do so.

All that said, I am prepared to preside over you, atop a hideous mountain of flaming skulls — ushering in the new apocalypse, which shall first drain the blood of the wicked and the weak.

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17 comments

  1. cancel19

    Had to sell my short dated $UVXY calls today after the brief spike cuz this market just won’t go down.

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    • nobo_goose

      lol I just bought some. I thought this might be a long weekend to go long.

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    • it is showtime

      What would be the threshold for

      Master programmed indexes
      vs.
      “The market won’t go down”
      glance at my intraday archive

      A thesis presentation would show
      A setup for this admin’s sabotage

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  2. ferd

    The stars are aligned for oil. The Saudis and their very influential new friends may want it higher for now and the dollar looks like it may be forming a long-term top.

    RUSS looks like a buy IMO.

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  3. ferd

    sell

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  4. acehood

    Love you Fly (no homo) but you’re early on UVXY.

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  5. it is showtime

    Titanic ——– Movie Clip ——– First Class Dinner

    https://www.youtube.com/watch?v=GryQrpCsUdk

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  6. ericbakerbruce

    Is Le Fly Bill O’Neil?

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  7. ferd

    Fly, they’re not likely to get rid of Trump as your “secret source” (Alex Jones) told you. They just want to control a president and probably do not want to do anything that causes Trumptards to take to the street. I think that, from their point of view, Trump’s being a good boy.

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  8. blackgld

    ABC news has clarified the false report that caused the market to tank. We would have been up >1% if not for the fake news. Expect a big gap up Monday followed by additional gains with the passage of tax reform. Shorts are screwed.

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  9. moosh

    Le Fly, any particular reason for liking BAC as a short in the sector? I’m now hedging my cryptos with UVXY, cuz that’s how I roll.

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  10. joyous__ending

    Stop trying to catch a VIX spike. Classic picking up pennies in front a steamroller trade.
    The VIX will hit 20+ sometime in 2018, much easier to ride it down than up.

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  11. acehood

    Fake news tax reform Santa = 2775 Spx within a month. Book it.

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