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
18,966 Blog Posts

Relentless Melt Up; We Cannot Stop the Buying

Long until wrong, right?

Oil up
HYG up
Oil stocks up

That’s the checklist, the things we need to see before getting long. Be that as it may, if you weren’t long banks today — you didn’t make much money — with breadth stuck at 62%.

I don’t need to show you any charts, or analyze patterns for you. Quit being a fucking baby and try to understood the mood. Risk is on, fuckers. That’s all there is to it. Now your job is to figure out where the money is going next. The stocks you buy today that can blossom within 3-5 days for swing trades.

Look to the SAASfags for your answers. Believe me, that’s where the growth is at.

NOTE: Le Fly is accepting new Capstone Programme members on a limited basis. If you have questions about the programme, email me at Flybroker at Gmail.

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17 comments

  1. bronze28

    IT’ OFFICIAL

    GE; ALERT ALERT ALERT

    BULLISH ENGULFING CANDLESTICK ON DECENT VOLUME;

    A BREAKOUT WOULD TAKE IT UP D1$ TO 10$ TO THE 100 DMA;

    after that , we see!!

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  2. bronze28

    cheap way to get involved is January 9$ calls; January 26 ; 9$ only around 23 cents.

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  3. skunkbuttstew

    Thank you for all of your keen insight, Dr. Fly. I am befuddled and seek yours or the most heinous of your members to explain to me how Gold is up 8% since October, $1190-$1290, but DGP is up 42%, $20-28.5? I could be wrong but it appears to me that 42% is more than double 8%.

    GOLD, Bitchezz!!

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  4. og

    Fintwit people whiny as hell about this rally.

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  5. thinair

    come again?

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  6. it is showtime

    At least I have a lot of Peter Schiff appearances popping up to keep busy.
    Peter Porn

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  7. jbandy

    This is a tough market. Seems like more moving pieces than usual—maybe its the stable genius in the White House but whatever.

    Im not comfortable taking a big position on either side. We all know the cheerful mood and optimism can turn to doom and gloom in a heartbeat.

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    • one-eighty

      Crazy Donald’s obsession with his wall has left no brain space for tweeting on the economy. As soon as he aims his thumbs in our direction the gloom will return.

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  8. MSGT HARTMAN

    fly calls the top, once again.

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  9. roundwego

    Now that fly sold his shorts the market can crash.

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  10. mrcharlie

    What about all the selling they are talkin about thats goin on in Hong Kong?? Nervous

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  11. tjnyt

    From down 6% to marginally up, bought MS, AA, GE, MU, WDC. Sold SP puts at small loss, LABD tough nut to crack, sold FAZ even.

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  12. tjnyt

    bought APA ,added to DVN.

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  13. tjnyt

    yesterday Doc mentioned FISV, bought at discount made coin, thanks.

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  14. tjnyt

    I have mentioned the might of MMs, if they can bring market down 6 days in a row, before Christmas, they can take it up ten days in a row, monsters. since then only one down day, on 1/11/19.

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  15. tjnyt

    Energy stocks are moving even my junk that killed me last year, ESV, NBR.

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