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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.

DEPRAVITY INTO THANKSGIVING

This is it, fuckers. The moment you’ve all been waiting for. We are going to make so much money from now util Friday, you’ll be punching people in the face for looking at you sideways in no time.

I made 260bps today, on a day when the Nasdaq was barely up 20. Scores of low market cap crap ROARED higher, led by EV sector lighting up 10% for the day. This is complete fuckery and I am glad to be part of it.

Into the bell my top picks are NBAC, PEIX and a mix between NKLA and AMC. I love movie theaters without movies and can really see potential for COVID hospices or homeless shelters to take up some of the valuable AMC space.

Off to tennis.

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The Current Bubble, Dare I Say, is WORSE THAN the Dot Coms

We’re at the point in the narrative when stocks like BLNK aren’t leading anymore — because BLNKW are. The SPACs are on fire today — because who’s gonna make the next meaningless “EV” purchase to fail in head to head competition against Tesla?

Moreover, and this goes without saying, the current logic of the tape is bullish for both oil and alternative energy — because nothing say rip roaring oil markets like eliminating the need for crude. On day 1, Biden will ban drilling in the Arctic. On this news, oil drillers are soaring. Look at RIG.

Also, solar plays are all the rage — because MUH POWER PLANTS use devilish blackened coal that clog the skies with ugly fumes and cause the sun to rage its fires into the wooded lands of California. Once we have enough windmills going, the hurricanes will stop wiping out poorly placed geological islands in the Caribbean.

There’s so much to love and hate about this market — I could go on for days discussing the idiosyncrasies and how betting against them have might’ve led one down a path of VINSANITY. Dare I say, stocks are much worse of a bubble today than in 2000. In 2000, we had a brand new invention to jerk off behind — the internet. It was going to make us all into big fat rich men — puffing cigar smoke into the beta-cuck faces of the brick and mortar guys. Nowadays, people think Go-Karts will replace SUVs — an entirely different subspecies thinking — small brained and also retarded.

Nevertheless, I remain a humble servant of the markets and continue to drag my large balls into this muck to partake in a little chicanery, now and then and always.

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LOOK AT ME

Outrageous returns this morning, especially for yours truly. I booked a 16% gain in RIOT, 11% in WKHS and 5-6% gains in several others. Overall, I’m higher by 200bps and we’re just getting started. Big dicked moves in Biden plays, electric cars, windmills, and fucking solar panels — all shooting higher like the estrogen in the men who voted for him. No offense to the nuMale. I have love for all of you, especially if you’re a member of Exodus.

The big story is cryptos, massive upside moves over the weekend. I tried to convince my daughter to buy some ETH — but she flatly told me “Ether is a scam.”

But the scam is now the truth and that narrative is making people rich. Ether touching down on $600, BTC approaching $19k means people are flush with gains and the momentum is back in a very big way. This move wasn’t coupled with videos of morons and their lambos — but a slow and steady crawl leading to a full breakout and affirmation of hypo-bullish trends. I still think ETH should be bought every month for the next two years. I don’t have a price target — because I don’t know how to value an alt-currency.

I’m 20% cash, very bullish heading into national festival.

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How Much Crypto Do You Own?

Imaging living thru an era When oil traded down to negative $39 per barrel and not thinking the same collapse could happen to the dollar one day. Imagine that.

The upwards meltup of cryptos continues, as BTC encroaches on $19k and ETH above $500. Even XRP is partaking in all of the glory.

I was a stalwart skeptic in cryptos years ago, only because of the unchecked enthusiasm. Since then, the world has gone fucking crazy. Is it so far fetched now to believe Amazon will join OSTK in accepting purchase using BTC? Considering there is barely any mainstream adoption to B2C transactions, I’d argue we’re literally in the early innings of this run.

My favorite is ETH, due to its ICO exposure. If afraid to buy now, dollar cost average every month, like I’ve been telling you fuckers to do for more than a year.

Most importantly, understand that this run will dissipate and then flag and falter. The point here is to diversify your store of value away from dollars into something alt. Gold is also a fine example, but BTC-ETH is by far more preferable due to its dominance in the black markets and money laundering venues where expeditious transfers are part and parcel of a modern criminal enterprise.

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See Pal, This is the Type of Person that I am

I just got back from shopping. I had picked up my mother in law from the airport this morning and have been busy ever since. We also launched Stocklabs Alpha trials today, which means we’ll be moving to beta within the month. I know this sounds crazy, but demand from you grifters is too high. I get 50 new daily beta requests via my Twitter page alone and we now have 5,000 clamoring for access. I cannot accommodate much more — because for one the servers cannot take it and for two, it will delay our rollout.

I will be withdrawing beta trial offers soon, so this is your last call.

For the session, I was up more than 300bps, a magnificent day all around. For the month, my cock grew 3 inches.

Look pal, there’s a million people out there telling you to sign up for their fucking newsletters or to join their trading rooms because they’re gonna teach you how to trade. I will never teach you anything. “The Fly” is a MASTER FISHERMAN, who navigates the seven seas daily in search of food. As a member of Exodus and soon to be Stocklabs, all you have to do is sit there all day long gobbling down vats of custard while eating the fish I provide for you. Why trade inferiorously when you can simply latch onto a great white and eat the scraps that fall out of his mouth?

I’m a generous shark, might I add, and I regularly spit whole fish directly into the faces of my membership base.

I’m roasting a chicken now, so I need to stop blogging.

Drinking begins Monday morning.

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THE FLY WINS AGAIN

I’ve been busy all morning — but I will have you know, my trading account busted loose today, up more than 330bps, led by gains in CAN, OSTK, and JKS. As a matter of fact, mostly all of my stocks are banging higher. I took gains and immediately reallocated — because when I win I do so in droves — streaks that defy logic or gravity.

As you sit there stupefied by an ascendent Fly, let me remind you fuckers my quant, which has 50% of my liquid assets, is +22.3% for the month, led by gains in UPWK (94%), MGNI (+55), FVRR (+27%), and ENPH (+28%). I have 11 others stocks up between 10-25% for November.

This is what happens when high IQ meets work ethic in the markets.

Still bullish, incredibly so, heading towards National Festival.

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Back to Winning Again

Big fucking day at House Fly — large dicked gains all around. I gained 160bps in my trading — in and out of a flurry of stocks — all broadcasted live and in color inside Exodus — the world’s greatest trading room with the biggest tits in North America.

I have innumerable chores to tend to this evening, so I’ll make it brief.

I waded into margin today, at one point 10%. I eliminated that debit, but finished 100% long. My days as a “Value Guy” are all but over, having only a few value stocks left on the books. Today’s BIG PUSH was in EV — names like FUV, SOLO and KNDI breaks dicks to the upside.

No idea how long this great trading environ will last — but I’m not in an rush to see it end.

MTD: My long term is +8.2%, Quant +20%, trading -0.6%

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No Stopping Thru Black Friday

Next week, starting Monday morning, Le Fly will begin drinking in earnest. I will drink while playing tennis, trading stocks, even while trading. I will end my alcoholic binge on Thanksgiving and then give it up till St. Patrick’s Day, where every single Irishman in the world cooks bland food in beer.

I am having a fine day, +200bps ++ and pleased with my trading positions. I do not believe we’ll trade down until Black Friday. The expectations are so low, I doubt we’ll trade down until Cyber Monday. You should, however, prepare for fuckery. The COVID numbers are getting worse and we’re not betwixt the reality of shutdowns and the euphoria of MOAR.

While comforting, do not rest on your laurels, otherwise you’ll get shot out from a cannon and directly into a concrete wall.

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Raging Fucking Melt Up

Momentum stocks are back in play, especially in the EV sector. Shit like FUV and SOLO are roaring to new highs, as America braces to toss their engines into the trash in exchange for a battery operated cuck-mobile. Exxon
mobile paid me to say, “gas is cool, so get yourselves a nice big world killing fuckhead truck.”

I tool various trades today, in and out of BLNK, DMYT, JMIA, NLS, and AYRO for profit. I cut losses in stocks that did nothing, such as HSY, CYH, GME, and GME.

I am fully invested, up 140bps in my trading, no longer a value man — more oriented towards fucked up growth stocks.

In my Quant and new Long Term Dollar Cost Avg account, things are even more degenerate, +2.1% and +2.2% respectively.

Things have a way of working out at House Fly, amidst the tumult and the drama; in the end, I always win.

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COLLAPSE!

The market was doing fine up until all of the sellers showed up. The Dow closed down a staggering 300, whilst the NASDAQ castrated for 100. In my previous blog, I had boasted over my timely efforts rotating back into social distancing plays.

A general update on my trading account: ruins

I closed out the session off by 160bps. The details of that horrid performance isn’t important. What is important is my ongoing struggles to find a semblance of normalcy or forgiveness in this market. I am deserving of more and do not like having to wait for it. I have been extraordinarily patient with the market and have waded into her for the better part of two months now, only resulting in loss.

How long do I have to wait for some sort of gain? When does the agony cease?

I have tried every which way but loose and my options are henceforth dwindling, as I coddle and care for this bitch of a market, this mountebank whore whose glacial bosoms caress the faces of unappreciative short sellers with collapse after collapse.

Granted, we’re more or less at record highs and I am up rather sharply (+17%) in my quant for the month of November. However, I exist for more and when I do not get it I get very very angry.

GOOD DAY!

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