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Yearly Archives: 2018

I’ve Been Stopped: “The Fly’s” Historic Streak Comes to an End

Just when I thought it could last forever and that I was immortal, oilFAGS and SAAS-retards beat me the fuck down.

I sold DRIP for an overnight 7.5% loss. Additionally, I sold FATE, OKTA, and COUP — all for 3-5% losses.

Now I have a new streak, one of losses, 4 in a row actually, served to me cold by the stock gods.

Separately, risk is off. RHT’s miss is causing the SAAS space to pull in hard. Names like ZUO and SMAR: shredded. The once hot Chinese burrito sector is being dressed down, heavy losses found in IQ, HUYA and BILI.

I still own SOXS now my cash levels are 55%. I’ll survive, albeit slightly less rich than yesterday. I’ll take the day to regroup and formalize a new plan which can bring me even more fortune.

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OilFAGS Come to An Agreement; Dow Flirts With Historical Decline: Futures Are Sharply Higher

It appears the oilFAGS out of the Middled East have come to an agreement, slicing production by a mere 600,000-800,000 barrels per day. As such, oil is +1.5%. I think people expected more, but instead got less, so oil is higher.

Futures are +130 and Nasdaq futures are +35. It doesn’t feel like we’re off to the races again. We’ll see how she opens.

I’d really like to see another down day for the Dow, since it’d market the longest consecutive slide in 40 years. Breaking records is cool, and also fun, especially when no one really likes them.

It’s Friday and I have plans all day long — will be in and out of the office — partaking in all sorts of chicanery. It appears my winning streak will come to an abrupt end today, me being on the wrong end of the oil trade long DRIP. It was a very nice run, but I’m not gonna hold onto stuff just for the sake of preserving a streak.

Don’t worry — we’re still crushing it in Exodus and I have plenty of longs that will break the fuck out today. I can start a very new, and a very beautiful, and thin, winning streak — perfect — today. Come and join us — it’s free for 7 days.

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Reminder: The Stock Gods Are Trash

Actually, they’re less than trash. They’re nothing at all — a fiction conjured up by weak manlets who can’t even bench their own weight. I stand here and I write to you, lost souls across the internets, a confident man — even in the face of an unmitigated and non-neogitable sell off.

I too have stocks trading lower. My UMRX is off by 10% and DDD is off about half that amount and only my hedges and GPRO have proven to be worthy, in addition to my Canadian pot stocks. But I wanted to take this opportunity to remind you that the stock gods are faggots, shitposters who only seek to scare you with their menace. “The Fly” is his own man, a God in a sense, and is in control of his own destiny.

All stocks purchased under my auspices shall take off and travel higher. It’s not a question of if, but when. Your advisorFAGS are busy printing out sheets of paper to create feminine care packages for their prospects, attempting to convince them they have an idea what stocks do.

I don’t need any of that shit — for I have an army over 1,000 strong who’ve bore witness to extreme winship of monumental importance.

We’re not done winning. We will sell our DRIP and SOXS hedges for profit and then reenter SAAS with an angry disposition intended to hurt short sellers.

Since tomorrow is Friday, aka lazy man’s hedge fund Monday, we’ll probably need to wait until Monday to see a substantive market turn.

Join Exodus now — 7 day free trials are in effect.

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Fly Buy: $CURO

I interrupt your bear market to inform you that I bought CURO.

I go in sideways in the $23’s hoping to exit this thing vertical at $30.

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Markets Meanly Revert, Dow Slumps For 8th Consecutive Day — Barreling Towards 200 Day

All of the high beta tech stocks and biotech are reverting to their mean today. This isn’t a reason to panic, although I would suggest that seeing the Dow off for an 8th day in a row and steaming for the 200 day moving average isn’t awe inspiring.

Also, we should consider that small cap stocks have been wantonly outperforming large the past few months — typically a sign of excess degeneracy. The last thing I want to do here is overthink and begin to read the news and get negative.

Le Fly needs to mediate and find his inner-zen. Gone are the days when angry Fly would punch holes thru sheetrock or slap people in the face with hot slices of pizza. Now I’m a reformed man, a person who just executed 34 of 35 winning trades in a row.

All that said, I’m hedging here — taking 10% of my cash and buying DRIP and SOXS. This isn’t a bear bet, inasmuch as it is a preventive hedge against a forlorn supplication into a dark and craven world of pain.

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Sold Some Drugs — Longs Too Stoned to Figure Out Market is Weak

I kicked out both CGC and CRON, not because I don’t dig it. Believe me, I do — totally groovy. But the market looks shitty here and this ups my cash levels to 35%.

The sale of these two securities, +5% and +6.7%, push my winning streak in closed out trades inside Exodus to 34 of 35.

YOU CANNOT STOP ME. NOTHING CAN.

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Saudis Propose Production Hike — Oil is Finished Until December

We have over 30 years of seasonality data in Exodus and all of it points to weakness in oil during the month of May-December. As a point in fact, the data is so convincing, I won’t even consider the idea that oil is a decent investment, let alone trade, unless during the peak periods of the year.

Today the Saudis proposed a million barrel oil supply hike at OPEC. This is your cue to ignore oil and move onto greener pastures.

Saudi Arabia’s Energy Minister Khalid al-Falih said Thursday that as the world is likely to face a large oil supply deficit in the second half of 2018, a substantial production increase from OPEC would be required to prevent a market squeeze.

Speaking in Vienna, Austria on Thursday, al-Falih said: “We will release supply… One million (bpd) sounds like a good target to work with.”

“One million. He just threw down the gauntlet,” RBC’s global head of commodity strategy, Helima Croft, told CNBC on Thursday.

Haters will say oil is a good trade now, because MUH contrarian. But you’d just be playing yourselves, as usual.

WTI is -1%, Brent -2%.

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REMINDER: Le Fly Doesn’t Need Markets; Markets Need Le Fly

The Dow has been down for 7 consecutive days and during that time frame I’ve demonstrated a trading acumen that will be studied in the hall of science for eternity — successfully winning in 32 of my last 33 trades. I don’t feel like going back and looking, but if I had to guess, my last 25 or so trades have been winners.

So while futures might’ve given back a little and many of you absolute BEARSHITTERS are foaming at the mouth, foolishly trying to stop me — just know that I will make money today nevertheless.

Perhaps I’ll make 4% today? Does that sound like a reasonable return?

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FUTURES BUST LOOSE BECAUSE THE FLY BOUGHT 7 STOCKS TODAY — PROVE ME WRONG

Nasdaq futures are up 50 and every stockbroker, excuse me “financial planner”, I know is circle jerking over the idea of moving up the basis point ladder. Little do they know, I am coming for them with a claw-hammer and will soon spill out the remnants of their brains unto their Riskalyze care packages.

Rumor has it The Donald is fishing out a new trade deal with MUH COMMUNIST CHINA — but you and I know there truth of the matter.

I piss and defecate on the stocks Gods. I cannot be stopped. I went from 85% cash to 25% today because I wanted to make money. Because I wanted to make money, futures are now sharply higher — because the heavens and the ancient spirits work thru me.

Just today I was in Philly, gorging myself on some iced cream and Shake Shack Hammed burgers. My son was fretful it’d rain and then I posited the following statement to him, with an eloquent confidence.

“Son, I bet you my entire life, may I be struck dead here on the filthy Philly ground, that it shall not rain, not even a single drop of water, while we are walking these grounds.”

He looked at me, a bit puzzled, and then said “why would you bet your life on such a stupid thing?” And then it hit him like a 10,000 pound bag of sand: because Dad cannot lose, even if he wanted to.

I didn’t even need to answer the question, instead side-eying him with an expression that personified a careless confidence, something born out of supernatural qualities. The moment we boarded the vehicle, it began to rain. It was during that moment that my youngest son knew, with certainty, that his Father was a space alien magician.

Tomorrow, you will visit this site and bear witness to chicanery.

NOTE: I am going to set up text alerts for my trades for Exodus members soon.

DEVELOPING…

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GATHER AROUND SMALL CHILDREN — FATHER FLY WILL NOW TELL YOU WHICH STOCKS TO BUY

Since you’re unable to do this yourselves, I will gift you a small morsel of my wisdom and tell you which stocks are going to rip higher and soon.

Do yourselves a favor and get long biotech.

Reason being: Drumpf can’t fuck with it and Chinese trade wars cannot affect their nefarious dealings. We want to position in names with momentum. Fuck the turn arounds.

Top picks: FATE, UMRX, ARRY

There are a few more I’m interested in. If you want those, GET IN Exodus.

My other picks are pieces of shit that want to barrel higher like a comedy of drunken laughs. I stormed into GPRO and DDD like the Kool-Aid guy today, hoping others would follow behind me.

In SAAS, I got some BOX, OKTA, and COUP.

I like pot — because that’s what Canada is smoking. CGC and CRON will rip tomorrow.

Lastly, I have one China stock left, BSTI. I’m not that bullish on it, but I gather from the spiritual winds that I literally cannot lose — so it’s probably going higher too.

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