Come For An Insane Spin — $GEVO

High risk, high reward play here.

Markets are getting crushed, so I figured I’d buy GEVO — super low float, heavily shorted, carnivale stock.

My intent: crush the shorts until there’s nothing left of their bones but dust.

If you’re buying here you have an incredible amount of self-confidence, believing that you could defy the market Gods and bank coin in spite of the malevolent trading pin action. I’ve never been one to go against the will of the Gods, as such I’ve amassed a great big fortune filled with cash.

I did three things this morning.

1. I sold SOXS for a 9% gain.
2. I sold CURO for a 9% gain.
3. I sold BSTI for an 11.5% loss.

Those are the breaks. Take those fucking losses fast and often. Be proud of your losses, as you are removing the cancer from an otherwise fine portfolio of stocks.

The balance of what I have left in my “portfolio” is being lit aflame by market forces. But what else am I to expect while the Nasdaq is off by 120, Dow by 300. This is part and parcel of investing, the good with the bad.

My only hope is for markets to get so bad all of the advisorFAGS get washed out of their ETF portfolios and their clients leave them after finally realizing they’re literally paying them for nothing at all.

Over in Exodus, we’re actively scouring for ideas and will act fast should the tape improve. I do text alerts for trades now — because I seek to harass people via their mobile devices in addition to their email boxes and social media platforms.

This is a good day to relax and enjoy the carnage. Be grateful you have Le Fly steering you in the right direction and have confidence in the idea that all is not lost, just temporarily disjointed.

I sold SOXS and CURO, both for 9% gains.

What did you do this morning, stop out of your fucking positions for losses?

Pfff

It’s impossible for me to lose. The journey continues.

The good news is cryptos are all sharply higher. Congrats to all of you who sold stocks on Friday and placed it all in BTC. Futures are lower by ~150, Nasdaq by more than 60. This all has to do with China and Trump’s tweets — literally nothing. I mean, it’s nothing at all. You have nothing to concern yourself with — do as you like.

This little repertoire will come and go and all of the bears skewered and eaten by famished bulls.

I’ll probably kick out my hedge this morning, SOXS, and look for strength. I’m not interested in buying dips, but instead strength into weakness.

Chinese stocks are especially hard hit this morning, so my little BILI might offer me a little bit of clubbing before noon. Other than that, I’m feeling grand. My coyote attacked a jogger this morning. It was her fault jogging so damned close to an alpha-predator. Maybe next time she’s know to jump into traffic and avoid the wrath of the Princeton coyote.

Some of you probably thought The Fly was gonna finally take a knee with Nasdaq futs -27. Let me remind you, in case you’ve forgotten –I can’t fucking lose.

It’s built inside of me, my DNA, only to win. Do you hear me you fucking faggots?

I step into Monday morning bright eyed, 45% cash, 5% long SOXS — which is the equivalent of a 15% short position. In other words, I can’t lose.

Sure, I might lose a few pennies here and there — but you’re gonna lose money everywhere. Sam I am, and no you can’t, beat me — because I’ll slap the shit out of you with a can of ham and two dozen green eggs.

See you in the morning, you miserable pricks.

Back to my gimlets.

One of the favored featured tools in Exodus is our seasonality data. People tend to believe past results are indicative of the future — creating a paradigm of self fulfilling prophecies that repeatedly loop begetting even more seasonalityFAGS, a perpetual and hellish whirlwind of big dataFAGS circle jerking around the altar of repeatable profits.

Hence, knowing the psyche of my fellow traders, I give this data credence, and all relevant data for that matter. Pay attention to what humans do and you’re halfway towards accomplishing your meaningless goals.

Here are the high probability plays for July, a pastiche of names, mostly defensive, and boring. REITs, banks, and old man stocks litter this fucking list. Bear in mind, the summer months are typically moribund and no one of any importance trades. Sure, you and I will be here, toiling about the hot summer months, glued to computer screens, trying to make our marks on the planet. But we are a different sort of person. We obsess over things because it’s fun and due to habit. These other industry FAGlords are only beholden to money and the cocaine they can buy with it.

And here were the industries that were supposed to do well in June. Note how memory chips were supposed to outperform, but instead got treated to the Black Flag of certain death thus far. Granted, the industry is thin, populated by just a few names — but noteworthy.

On a final note before futures begin trading, Exodus now accepts free trialers for a period of 7 days, without having to email me a nice note and offer me bribes. The system will not accept repeat offenders, bedraggled scoundrels who free trial over and over again — like fucking coupon clipping grandmothers, always scheming and looking for deals.

Remember gents, we are distinguished gentlemen here and should comport ourselves with dignity at all times. When you visit other websites, feel free to act retarded and native. But while here, I expect you to abide by our fucking rules and wear top hats, white gloves, and sport fine mahogany canes whilst sauntering these fine halls.

Good day!

Don’t fall for this shit. You might think it’s too early on a balmy Saturday morning to read Fly curse and tell because Clorox is going higher — but you’d be wrong.

Over the past two weeks, old man stocks have been lifting higher. This has many mayonnaise fans elated, content with the specter of greedily collecting dividends whilst enjoying stock price appreciation too. But the truth is, this is a farce.

Over in hedge fund land, all of your hot shot managers are now heading towards vacation, with a fistful of cash and drugs in tow. They gave specific instructions to junior to not fuck up the year to date returns, threatening to fire him should he be forced to take the private jet back to NY to fix whatever he might break. In a panic, junior has been buying old man stocks — because MUH scared and because MUH deep value.

WRONG.

Junior is always wrong.

Old, zero growth, household dependent stocks, went up during the zero interest rate era because of multiple expansion. It was enviable to own CLX paying a 3.5% divvy whilst rates were zero. But now with rates jacking higher 5 times per annum and the Fed hell bent on bending the will of debt holders, we are now betwixt in a new era of multiple contraction. This era shall continue, until morale decelerates and crashes.

YTD performance, not so good.

Here, I can prove it. In Exodus we have the valuation data for all companies are sectors for over a decade. Have a look at CLX pre-financial crisis. See how the multiples were sub 20? See how they jacked up over 20 during zirp?

Best case scenario, these stodgy companies are dead money, paying out dividends to their ancient shareholders in exchange for safety of principal. Worst case, the Fed plays themselves into an accordion and we all get mashed by higher rates — these stocks break the fuck lower because the dividends aren’t high enough and because MUH multiple contraction.

During a period of rising rates, it’s important to remember why they’re going higher: strong growth.

Ergo, buy growth stocks you fucking brainlets.

Happy Saturday!

Oil is absolutely bananas to the upside. It was a tough day for momentumFAGS, with dozens of former hot stocks getting cleaved. You won’t see that damage in the reporting of the markets tonight — a seemingly hidden sidenote that very few care about.

Truth is, large cap stocks have gravely underperformed markets this year, playing second fiddle to small caps. With small caps getting hit, leadership is in jeopardy. So, with that in mind, I bought myself a gambling fool’s biotech stocks into the summer heat.

I went long AERI.

Top picks: BILI, AERI, CURO and maybe DDD.

Have a great weekend.

We’ve seen an orderly transition out of momo stocks and into old man stocks this week. It started off grande, continuing the decadence of last week — but ended miserably, with many stocks down between 10-30% in just a few days.

Here are some sell offs that have caught my attention.

NEW -29%
HUYA -26%
BILI-23%
SOGO -21%
CBLK -24%
ZUO -19%
SMAR -19%
APPN -16%
OSTK -13%
GRUB -9%

Any dip buyers out there?

On the upside are the old men.

KR +14%
CVS +7%
WBA +6%
CPB +4%
KHC +4%
TR +4%

We’re gonna do it again. I got the losses out of the way.

$16 line in the sand here. Winship ahead.