Oil is the Perfect Costanza Trade

It’s the only sector not up huge — bogged down by annoyingly terrible fundamentals and a looming specter of the entire industry going way of the dinosaur, as EV takes hold and dominates the headlines. Plus, Biden has quite specifically pointed out that he hated oils guts and wants all rig workers on the dole. Which, in my opinions, makes oil a fine prospect for investment.

Whenever something is too obvious — I find the opposite to occur. We have a situation where the global economy might start to boom soon and guess what? OIL SUPPLY IS LOW due to Saudi + cuts. Should we manage to get back to 2019 economic activity, one could make a strong argument for $75+ oil. Plus, with Biden and his men back into the Middled East, it’s only a matter of time before ISIS magically pops up and starts taking large swaths of land again — declaring independence and taking the oil.

I missed last night’s AH’s breast cancer play in Exodus: IMMP. Ragin Cajun fucking nailed that one and several members stepped in and bought it too. Sadly, yours truly is only up 0.55% this morning, in an otherwise pointless existence on this spinning water ball. I’ll try to up the risk soon and see if I could triple those gains by the close.

If you thought you’d visit old Le Fly to see him humbled under the rubble of a diving NASDAQ — think again fucked face. I had been partially raped mid-day but then my developer texted me the link to our latest tool in Stocklabs, which takes keywords and exports them into our screens.

You can see it here. It’s still not done, but basic function is there.

Adding finishing touches to Stocklabs search function, which scours news, profile and our community comments and exports to screener. Today's trades were found in breast cancer. $GLSI, $SLS, $ONCT, $GENE pic.twitter.com/vduWap2ew8

— Stocklabs (@stocklabs_io) December 9, 2020

So what it does for me is take keywords posted from our newswire, company profiles, or shit discussed in the Pelican Room — our 1,000+ members chat room for traders. That keyword was then used in some of my volume screens that pro-rates volume on a minute scale to quickly catch breakouts.

GLSI had been all the rage today, with the stock skyrocketing more than 2,500% at the peak. They cured breast cancer, apparently. Using the key words “breast cancer” produced a series of trades that will go down as some of my finest — turning a bad session into a +135bps day.

Gains were enjoyed in GENE, SLS, ONCT, GOVX, BNTC and many more. In all, I executed 57 trades today and absolutely pissed into the face of all of you who were hoping to come here and bear witness to a lesser man.

I knew my sojourn into margin would beckon the stock Gods to attempt at rape. All morning I’ve been tripping over myself and into cream pies. I’ll spare you the details and update you on the whole.

AI and DASH came public and SUCKED all of the money out from the market. This, coinciding with record hubris, has resulted in a magnificent topping action that also correlated with my journey into depravity, trading in a margin account. NASDAQS are now off by 120.

I have shuffled numerous things around and have officially ABSCONDED with all of this morning’s gains. POOF! all gone. I am presently down 0.3%, long SQQQ and lots of SPACs — 15% cash. My position has been to sell anything down more than 4%, in order to check my stupidity at the door.

Sometimes it pays being schizo.

Into the close, I expect a massive down pouring of sell orders and a complete raping of the Robinhood cadre of investor.

And I am doing my best to pop it. I have bought and sold a number of stocks — but maintained 133% leverage. I am hoping, if God is truly good, to leverage up to 200% by the day’s end for tomorrow’s fuckfest in the morning.

Regrettably, I sold QS in AH’s last night at $67ish. Seeing the stocks in the 80s now makes my heart warm with fuzzy feelings.

Amazing hubris in this tape now, although breadth is waning and looks to be waxing a little too. Truth is, I want the market to dive lower and for my head to crack solidly against the concrete floor. I don’t deserve this sordid returns and would like to give some back.

I was up 300bps this morning but have since HALVED my gains. I will try my hardest to HALVE them again.

Wish me luck.

For the first time since 2014, I leveraged up the trading account and bought whatever looked dumbest to me, without regards for fundamentals, charts — nothing at all. Ideas were flung across the table and I either ate them or brushed them aside.

Truth is, and this goes without saying, I really don’t give a fuck.

I have so many gains in 2020, if I were to trade like a complete invalid for the balance of the year, I’d probably still be up 250%.

Bear in mind, and I mean this from the deepest depths of my blackened heart, I do not say these things to impress you or to make you look up to me as some sort of Greek God of the trading realm. My motives are pure and clean: I want someone to stop me. Call this a cry for help. I am trading on margin, thumbing my nose at all of the things they taught me in stock broker school, and I am doing it publicly for anyone to barter with.

I closed out the session with just 122bps in gains. However, being that I am now leveraged, I look forward to a much greater day tomorrow.

Cheers.

I am looking forward to a future margin call. Alas, the time has come for Le Fly to end his ascendency in a blaze of glory — traveling through outer space n a rocket destined for the sun. I have been so addicted to stocks this past month, I am now trading on margin — a cardinal sin in my book. However, I don’t give a fuck.

The NASDAQ is +70 and my gains have stagnated at 150bps for the session. God willing, the lord will grant me some more gains in order to use to finance material possessions. I have a hankering for some new items and I’d like to finance it with new gains in today’s trading. I can patiently wait like a normal person, or I can delve into margin and get it that way.

WISH ME LUCK!

I didn’t feel like working this morning, so I did not. I have now chanced upon my computer and taking stock of my holdings — sharply higher of course — +155bps. The NASDAQ is only up 24 and most plebs, especially the readers of this blog, do not have the eternal wherewithal to do what I do on a daily basis. Arguably, being a trader is the hardest job in the world, even harder than fighting in a war. If my Father were alive today, I am sure he’d agree with me.

COVID-19 has been nothing less than a blessing for traders, as we sashay in and out of stocks. I am certain most traders hope this state of being, lock downs and such, can last a lifetime. This way, we can trade supremely for the balance of our moribund lives and pass on a great sum of money to our heirs, in turn, they will soon after SQUANDER it in its entirety after Bill Gates inoculates the world against the flu.

I have to depart again, Stocklabs meetings and such. For the session, so far, I sold VLDR for +15.5% and FEAC for +8.6%.

I do not write these blogs to allure you into Exodus with great pompous hopes of teaching you what I know. I do not intend to ever teach any of you anything. I am a fisherman, see, and I have it on good authority that I am the best. I will never teach you how to trade, but instead slap giant marlins onto your dinner plates for supping.

I made another 300bps today — but who’s counting huh? My life entails of strict austerity, inane hours, slightly dysfunctional household relationships, and massive winship in the markets. Do not be jealous of Captain Fly for a single second — for I am also bald and have innumerable short comings in other areas of life. However, when it comes to trading — I am simply smarter than you — better. I am wiser, blessed by over 1,000 years of spiritual living — and plus I have a fucking time machine.

Very soon, however, I will permit you to ride inside of my time machine, for a monthly fee of course. Stocklabs aka COCKLABS is coming to the people soon — to rescue them from their moribund plain and dull lives. I offer stocks without cocks and plenty of gains wrought out from severe pain in building a world class platform. This experience of mine, building Stocklabs for the past 1.7 years, has been magnificently nightmarish. But we’re almost there and very soon Le Fly will be sashaying throughout his yacht, sailing the seven seas — trading exclusively from private satellite connection.

Off to go walk the fucking dogs, then whip up a chicken dinner.

Ciao.

The SPACs are the only place your momentum money should be looking towards now, assuming your money, in fact, looks at all. I am up another 300bps in my trading, 110bps in Quant, thanks wholly to another breakout in America’s favorite version of capitalism — SPACs.

I booked a 17.4% gain in MFAC, +5.6% in GIX on a day trade, +6.5% in LGVW, +5.4% in APXT, alongside various non-SPACs. I also have about 6 on the books presently, all at a profit. My gains are long and the girth of my trading wins is thick. I could literally sit here and throw darts at a wall filled with SPAC symbols and make more money than 99% of traders now. This illumination inside of me makes me a genius — for acknowledging something so many of you are too afraid to admit.

A monkey can do what we do now and make 300bps.

For over a decade I heard wingnuts talk about a grande globalist scheme to crash the economy in order to usher in a new world order. The mark of the beast would be delivered to the masses in the form of a microchip that was going to augment your brain and merge you with machines. Said merger would kill humanity, which would of course release a paradox unto the world that would move past correlation and into causality. The new human race could then space travel and wreak fuckery throughout the universe and mine for platinum on the moon.

Naturally all of this is happening now and you are going to be forced to vaccinate your children and your loved ones else face excommunication. You will not be permitted to school or to travel or work. Do not believe for a moment that the DEEEEEEEP state won’t sacrifice your lives in exchange for the grande plan immediately. Things must get back to normal. Hollywood must make pictures and museums must work at full capacity. In order to get there, you will, all of you will, have to take TWO DOSES of the COVID-19 vaccine, which will have harsh side effects for 15% of you. Some will die, collateral damage in this new world war we are fighting, the microbe that kills 0.2% of the people it attacks.

If you don’t like it, leave — but you can’t because travel will be for vaccinated only.

I will of course take the vaccine, possibly two vaccines if possible. I am very curious about the Russian vaccine and would like to enjoy that alongside the NIH one too.

Over the past twenty years we’ve slowly but surely seen Sears and Kmart give way to Amazon and Apple. Now with nearly a year of total lockdown, human behavior has shifted more aggressively than ever towards online vendors, eschewing the brick and mortar stores — but not crushing all. If you look at sales of WSM and other smart retailers, you will see massive spikes in their online sales. The big losers in all of this, which should come as no surprise, is the mom and pop stores, tiny businesses without credit lines or staying power. Those companies will die en masse over the next year, if not sooner. Also, the vaccine will not save them.

Enjoy your weekend.