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Dr. Fly

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.

LET’S HAVE A LOOK INSIDE THE SEWERS OF WALL STREET

If we are set for a miniature run, I suspect there will be gargantuan and irresponsible speculation taking place, underneath the concrete of Wall, many thousands of feet below, deep in the sewers. There you will find the CEOs of numerous Chinese companies, crafting their 10-qs in the same manner that an artist paints a canvas.

Using the tools available to me, I am about to unveil 10 stocks that are rife with raw sewage, but fully capable of floating to the surface, enveloping pedestrians who walk on Wall with its disgusting filth.

CVV

TROV

OGXI

GOGO

XRM

CDTI

ACRX

DATA

CLFD

DXM

NOTE: After Hour’s with The Option Addict is now live. Trials have ended.

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ATTENTION INTERNET: The After Hours with Option Addict Trial Ends Today

If you missed yesterday’s trial, be sure to catch today’s. Jeff will be discussing trends and how to find breakouts, over-layed atop of how he plays breakouts via the derivatives market. He is, truly, a gifted trader and you’d be remiss not to take advantage of his services.

Thus far, hundreds of you have signed up for the free trial. I am sure you want to lock in the discounted rates, which expires at 5pm. Don’t forget to do that.

But, really, discounts are for the weak and feeble. Do not fret if you happen to subscribe at 5:01 pm and pay up a little for the service. It will, without a doubt, pay for itself, many times over.

Think big, get big.

Here is sign up page.

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MOAR WAR, MOAR QE

We were a bit frazzled yesterday over the specter of war. Howsoever, the moar war we get, the greater the accommodation from The Fed. Ask yourself, am I lying?

What was the net result from yesterday’s war talk?

You saw lower stock prices. I saw lower interest rates.

War equals flight to safety. What is safer than a US military base, backed by dollars and debt?

Exactly.

Do not fear war, but embrace it. It is exceedingly bullish for stocks.

In other news, TIM COOK lost again. Samsung announced their smart watch today, beating AAPL to the punch. I am eagerly waiting to explore this device and see if IMMR’s haptics is embedded in it.

With today’s purchase of ANGI, I am less than 10% cash.

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Fly Buy: $ANGI

I started a position in ANGI. I’ve been waiting very patiently for an entry.

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A Very High Probability Trade is Here

Unbelievably depressing housing numbers!

How can the Fed back off with numbers like this? I think it’s fair to say, we’re addicted to cheap money and fast drugs. Nonetheless, we’re bouncing here, with stocks stretching out their legs–looking for another run higher.

I want to show you something. Yesterday, The PPT registered its lowest Overall Hybrid score since 2011. The score was so low, it gave me memories of the good old days of 2009 and 2010, when the oversold signal made me 900% on my money, playing triple inverse ETFs and options.

Here are all scores, life to date, under 2.40, affixed to a chart of the SPY.

ppt2

This is a very high probability trade, as far as I’m concerned. I did raise a little cash yesterday, selling out of the rest of my DDD position. I am eager to invest the money into something on the move higher.

In other news, there’s been an overwhelming response to After Hour’s with The Option Addict. Today is the last day of the free trial. If you want to know his methods and how to use them in the options market, don’t miss today’s show.

Because of your response, I will extend the 15% discount on membership until 5pm today. Do not ever say Le Fly isn’t generous.

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AFTER HOURS WITH THE OPTION ADDICT IS HERE

I know the market was rough today and you’re all worried silly about our tax dollars being spent on gratuitous usage of the nation’s cruise missile supply. However, the market isn’t going to bend to your caprices. Therefore, get your head from out of the sand and pay attention!
af_free_trial

With that being said, iBankCoin is proud to present AFTER HOURS with THE OPTION ADDICT, a new premium service from the godly folks who dwell here. Inside, you will find a vast store of knowledge about trends, specific to the option market. After each trading session (or most), Jeff will provide a webinar, which will be used to answer your questions. There is a chat room to loiter in, drink some bottles of champagne and generally participate in unchecked debauchery.

And, most important for you, the prospective internet leech, we’ve opened this great hall to you for free, at least for the next two days. It’s also worth noting, the first 100 members will receive a steep discount, amounting to more than 15% off the annual cost. Naturally, some of your peers, the reader class, have acted upon this obscene generosity and have already signed up, leaving the lot of you with less than 30 spots remaining.

No fears, however, since men of our stature do not trifle with discounts or coupons. Men like us buy what we want, when we want it.

Having said all of that, I expect every one reading this post to at least try the free trial, accepting the unbridled gifts that I set before you. It’s the very least you could do, after considering all that I provide for you, the unwashed, free from charge.

NOTE: There isn’t any need to thank me, just behave and be well.

Update: Here’s a recording of the After Hours with Option Addict daily webinar from earlier today:

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Riding the Bull Has Its Drawbacks

War is always a black swan event, one that serves as a monkey wrench in the wall street cog. I can’t say I’m surprised about August difficulties. It is wall street tradition to struggle through the months of August through October.

These are the months that try investors temperament and staying power. Before you know it, Christmas season will be here and we’ll all be popping champagne corks again.

For now, there are several cross currents we need to watch. The first being the most important: interest rates. With the Syria news, rates have gone lower, a good thing! The other problem is Syria, which if you think about it is a non-event. We’ll launch 500 cruise missiles, send over a few bombers and call it a day. I doubt there will be any ground combat to worry about.

People are finding reasons to sell. If you are smart, you will keep a wish list of stocks nearby and watch them carefully. Free up some cash in non-core names, trades gone awry, and buy your wish list, as they come in.

As traders/investors, that’s all we can do now. We can either hedge and risk missing out on a huge bounce, or bide our time and position for the next 3-6 months.

Go eat a sandwich.

NOTE: Today we launched After Hours with The Option Addict. Being that the market is in flux, I cannot think of a better time to showcase Jeff’s incredible skills. Be sure to sign up for our two day free trial to see if it meshes with your style. Just know, the first 100 sign ups will receive a significant discount.

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The Cement Head Now Lives in the Penthouse of Decadence and Luxury

From sewer hole to penthouse inside of one month is the story of the once famed ‘Cement Head. (CH)’

Just one month ago, the good Senator was living inside of a box, outside of a sewer hole. Now, following a 20-50% run in his vast gold and silver holdings, The Cement Headed One is living high off the hog, rich beyond comprehension. I suspect his blogging activities were stymied due to his local SBUX restricting him from loitering around for free internet. But things have changed recently and the precious is back.

With that, very soon, it is possible that his internet service will be restored. God can only pray for these things to occur.

With war, and other such niceties, gold and silver are attractive. Attractive for hard currency lovers of course, not so much for me and people of my ilk.

One thing to focus on is the Brent/WTI spread. Should war occur, on a largess scale, I will buy the refiners, ad hoc, without even looking at their stock prices.

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REGIME CHANGE IS COMING

The Syrian civil war is the messiest middle eastern conflict in centuries. Therefore, as a war-like people, we must dip out beaks into it. This reminds me of the movie, The Outsiders, when Matt Dillon came running onto the field of battle screaming ‘no one starts a rumble without me.’

I don’t know when America became the world police. And I find it sort of ironic that it happened under the leadership of a noble peace prize winner. One thing is for certain, it’s bullish for stocks; bearish for the life expectancy for the people in Syria.

Shippers, gold and silver are the play off this conflict. As much as I hate gold and silver, it’s back with a vengeance. As for the shippers, I don’t see how a Syrian war affects the oil trade. Nonetheless, GNK, FRO, SBLK and VLCCF are pressing higher.

AMBA and YELP are higher. Generally speaking, I am not having a terrible day.

Brace yourselves for more volatility and stress test your margins.

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