Fly Sells: AG, CVI

I sold two big positions of mine, AG and CVI.

Buys to follow.

So the analyst at Deutsche Bank upgraded WNR this morning, with a price target of $24. Well, to that I say “it’s about fucking time.” The fundies at the refiners have never been better. On this joyous day, I find myself heavily long WNR and CVI, while taking profits on absurd Chinese stocks (HOGS).

Good Sirs and Ladies of the internet,

“The Fly” is back on a magnanimous scale, up another 4.75% for the day. Just in case you’ve been keeping track, I am back in the black, indeud.

My positioning is flawless and my swagger is incredulous. I intend to make a great deal of money in the weeks and months to come. However, now is the time to raise some cash, based upon celestial mathematics translated through divine hands.

More later.

You’re not qualified to offer “The Fly” financial advice.

I took profits on HOGS.

It successfully cleared all OVERSOLD signals today.

Prior to December:

I warned you dicksuckers this would happen. I gave you access to my time machine (The PPT) and told you QID was woefully overbought, as well as FAZ and other inverse retardo ETF’s. Instead of heeding my dire warnings of imminent melt ups, you bet against the guy in the space rocket. NEVER bet against the guy in the space rocket, for he is much smarter than you and can vaporize your brokerage accounts.

Most of you are very small, with regards to life in general. You come to iBC and attempt to teach “The Fly” how the world works. This is how it works pal:

I got my fucking robe and cape on, heavily sandaled, long a shit load of equities: TRIUMPHANT. I made back 4.7% today buoyed by gains in AG.

Towards the end of trading, I cut loose another loser: ATPG, booking an 11% loss. With the proceeds, I doubled my CLF position. All in all, I took today’s strength to reshuffle or optimize my portfolios to take advantage of the current tape. If I wasn’t feeling a stock today, I cut it loose, as was the case with OXY, CLR and ATPG.

Over in my personal, I booked gains in TNA and EXK and loaded up on VIT, HOGS, SOHU and TZOO.

Finally, should the Greeks drop the ball here, all of my gains, AND MORE, will be gone tomorrow. Knowing this, I upped my cash position to 10%. Nevertheless, I am long into uncertainty, yet again.

It gets them every time.

XXX EXTREMELY GRAPHIC XXX

Whether you know it or not, we are at a very important crossroads in the market. Either we melt the faces off of bears, indiscriminately. Or, Greece sets off a series of events that will make you regret being born.

Naturally, I am playing the long side, as it is the higher probability play. However, it’s worth noting, The PPT is currently OVERBOUGHT, which makes me a little nervous. It’s not official until we close OVERBOUGHT. Nonetheless, should these high hybrid levels persist, I will have no choice but to obey the hybrid and go to cash. It nailed that OVERBOUGHT QID call last week like a fucking space alien magician with advanced copies of the final exam.

My money is long commodity related names, like CLF, OXY, WNR and CVI. On the tech side, I am long BGC, SOHU, TZOO and FORM. And, for shits and giggles, I am long VIT and HOGS.

My entire life force firmly believes in the refinery story. A very large percentage of my assets are long WNR. Hence, as WNR goes, so does “The Fly”.

UPDATE: I sold out of OXY.
UPDATE II: I sold out of CLR.
UPDATE III: I bought CY
UPDATE IV: I added to WNR

I starte new position in both TZOO and SOHU.

I booked a 5% gain in both EXK and TNA. With some of the proceeds, I bought VIT and HOGS. Don’t ask why. I just have a hunch the Chinese Burritos are set to blaze.

For managed accounts, I am sitting on my hands, waiting for the shadows near my favorite urinal to give me the sell signal. Typically, they nod at me, while puffing on oversized cigars.

Don’t look now, but I am up 4% intraday, effectively halving my YTD losses inside one day. Hence the term applies: “The Fly” is winning most when he appears to be losing ever so severely. Also, HOC is trading at new highs.

Get your fucking popcorn ready because CVI and WNR are about to rip to new highs too.