Am I Supposed to Talk About Oil?

I am filled with questions today. Pardon me as I take the day off and let you answer all of the questions.

Look at all of them oil stocks up 15% today. Aside from The Devil, who called me the other day to tell me he was long oil via OAS, I know very few people who had the guts to step into the Saudi sandbox a week ago. Had you done so, and exhibited a modicum of internal fortitude, you’d be up 30% today.

Alas the joys of end of world trading volatility. Oil stocks trade down, uninterrupted, for 6 straight months and then explode by +30% and we’re all supposed to get excited about it. Well, pardon me once again if I opt to not give a shit and instead favor loafing about the house in my robe, drinking coffee and throwing pastries onto my neighbors lawn.

Stocks sucks. I have 25% cash left. God willing I will add to my positions in a timely manner.

That is all.

I haven’t been paying attention to the market today. Please, tell me, what did I miss?

I am sure deep down, I’ve been worried to pieces. There must be something unique taking place in the oil markets, given the price volatility. I am 100% certain all of you are working diligently, as I loaf about the house eating pastries. Don’t worry about Le Fly gaining weight and becoming obese either, for he is genetically dispositioned to be thin.

At any rate, I must be going now. I think I hear the kettle whistling and I am a bit parched from all of these pastries.

Talk later, ciao.

A sufficient amount of people were sucked back into the markets last week. As such, futures are inexplicably diving lower by 150 and your prospects for fortune have all but withered away and dissipated into the wind, like the embers from the bones of a body that was just doused with petrol and set aflame near a breezy beach.

I can only hope that the final 25% cash that I am holding can be allocated in a smart manner, away from impulsive acts of greed. This squall that we are going through has been run of the mill for the past 2 years. This hasn’t been a “good” market for a long time. It’s a traders/stock pickers market, loaded with lots of inverse fixin’s and bottomless money pits.

Into further weakness, I am a buyer of MNST, DIS, AMCX, CYBR and even YELP. I also think gold can begin to counter-trend the downward action again.

I am only interested in the next move higher for a trade; because I feel, without a shadow of a doubt, that this market is entirely fucked for at least two years–as we digest a gross deceleration of growth emanating from the dog-eating nation of China.

Do I trust the PBOC to bail themselves out and renew China to its former inglorious methods of fast growing and corrupt chicanery?

I most certainly do not.

This movie really sucked, truth be told. As a salesman in the brokerage industry, it was revered as a ‘must see’, due to the scene when Alec Baldwin, the asshole from “Downtown” on a “mission of mercy”, comes to excoriate and upbraid an office filled with pikers, save Al Pacino who was likely out closing a deal.

As a critic of cinema, I give this movie a kick into the nuts and oversee it swimming down a sewer pipe. However, from a position of being a ‘supreme asshole’, I rate the scene of Alec Baldwin removing coffee from an old man’s hand with his words alone, along with the subsequent firing of the entire salesforce, wholly described as an act of mercy and motivation, to be entirely first notch and a joy to see.

You think I’m fucking with you?

Bear in mind, the iBankCoin 2nd Annual Investors conference is right around the corner, with a decadently arranged VIP party to follow that evening, on October the 24th, 2015. When there, I will be anonymous, amongst you, mingling like an ordinary reader. Perhaps we will discuss the end of the world as we know it, plunging equity markets and the proliferation of thermal-nuclear devices to be used for offensive purposes only.

Jeff Kohler aka The Option Addict, alongside Jeff Macke and Josh Brown, will be hosting the event, educating the masses on how to comport themselves when investing in bear markets. There will be a gratuitous amounts of food and beverage served, at the Yale Club in NYC. During the VIP after-party, I look forward to seeing many of you get inebriated and act ridiculous. This is most likely the very last iBC Conference ever, for I do not have the will-power or the time to wade through this again.

Since the majority of our readers are in the Tri-state area, I expect a strong turn-out. If not, I will track you down and murder you, as soon as you wake up the following day.

If you want details or have questions regarding the event, email me at [email protected].

Stocks went down today, following a 1,000 point melt up. This isn’t a bad signal. However, I do not expect the market to climb another thousand any time soon. I fully expect a resumption of boredom to grasp the markets by its head next week, offering entry points for both bears and bulls for the final show-down of 2015, which will take place in the month of September.

I like gold and restaurants heading into the fall (did I really just say that?). I’ll see you fuckers tomorrow.

My swan dive into the waterless pool has been enjoyable, thus far. Into the final hour of trade, I hereby call upon all of the ancient spirits to go full goblin on the bears, eating off their ugly faces and snapping their necks in half like pretzels.

My top holdings are as follows.

CYBR
ONCE
AMCX
YELP
BIDU
AAPL
PANW
GILD
BX
GG
SBUX

I entreat thee to bet against me. Art thou ballsy enough to muster the heat from hither?

I thought not.

I bought some motherfucking YELP, straight out of the garbage can next to the spoiled carrots and cabbage.

I’m not fucking around anymore. Mr. Nice Guy is over. Here comes the guy who kicks older men in wheeled chairs down sewer drains and tosses jumping jacks– into large crowds of Wall Street pikers– out from the backseat of his 1980’s stretch limo again.

I bought SHAK and did a little average down in EGO, in order to bring my basis down to a rational level.

With yesterday’s add, CYBR is once again my largest position, straight bowling on motherfuckers in the midst of crisis and Chinese chicanery. I haven’t seen this much stupidity since 1976, when the doctor who delivered me had the nerve to say “it’s a boy.”

I’M A MAN, MOTHERFUCKER.

Just the other night I was Count Dracula, saying goodbye to China, for good. Today I am a shareholder in BIDU. Two days ago, FCX was on a bee-line to zero; now Carl “fuck you, give me 3 seats on your board” Icahn has the shorts screaming inside of a burning barn–awaiting death.

No one really knows what the fuck is going on, excluding myself of course. We’re all just pissing in the wind. Again, I’d like to excuse myself from this discussion. Thanks.

“The Fly” knows exactly what he’s doing, at all times, a giant cock amongst a field of erectile dysfunction. Very simply, you cannot fuck with me.

I do stand before you in a very victorious manner, despite not catching the exact bottom. Bear in mind, I did not draw down (lolz) like the rest of you, harangued by downward spiraling stocks, miserable and without initiative.

Anyways, you know where I stand, long with 25% cash. The entirety of my portfolio is listed in Exodus, alongside my watchlists and real time buys/sells.

I’ll put forth some new ideas tomorrow.

Good night.

I’m getting all “Chinese’d” up again. I bought the only worthwhile stock in all of the orient: BIDU, below $150.

I also bought long term SHAK calls, a starter position in AMCX and added to my CYBR position, which was partly liquidated at $60.

With these buys, I’ve reduced my cash position to 25%.

One might ask “Fly, why do such a thing as this, when you yourself said it wouldn’t be the proper idea to pursue?” To all of those people who ask that, I am telling you right now, right here, go fuck yourselves. I’m entitled to dive into concrete swimming pools, that are depleted of water, clad in full celestial costume. You do not have the right to question anything that I do.

It’s like a small stupid child questioning a parent about bedtime. It simply isn’t appropriate.