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.
I come here and talk extrem shit about my trading prowess, when anyone who is in Exodus knows the true marvel is the Exodus OS signal.
How does the oversold signal work and why is it so accurate?
SHOMP motherfuckers. It’s an eloquent sales pitch and only I can pull it off. It’s a sublime harmony of mathematical precision and nothing else compares or competes, especially at a retail level. You plebs are working and toiling at an extreme disadvantage, dicking around with antiquated methods and tools.
I read somewhere there is a giant DDOS attack crippling websites spanning the country. In other news, Nasdaq futs are +42.
See pal, there are two types of people on this planet, those who adhere to the laws of momentum and those who do not. For all of you dick-grabbers out there who do not adhere to it, I wish for a most heinous occasion during your homelessness.
“The Fly”, aside from fixating on a country to reside in, escaping the hell-hole of America, was out all day running various task. I can tell you now, without a question in my mind, there is going to be a remarkable COLLAPSE in this market at some point this year. The magnitude of the shock will make you nauseous, dizzy, and you will most likely faint. There isn’t any doubt in my mind that before that happens, things will get so perverse, so ridiculous, even people from CHAZ will be trading stocks from their Robinhood apps.
Today the Fed announced a massive $750b corporate bond buying program. Nothing matters any more — you’d have to be a fool not to cheat on your taxes. Hell, if you want you can set up your own army inside of America — providing you’re angry enough about a cause the media agrees with. Life as you know it is clownish, run by clowns, in a clown-world.
To think the market would be any different is native.
This is typical old man stuff. My grandparents used to complain to me about the street lights and how the kerosene ones lit by hand by the lamp man were better and more reliable. When I introduced them to the tv remote and the VCR, they nearly had a stroke. Old people, by definition, are incompetent. If you can find a man over 70 who is sharp, he is an outlier. Mr. Copperman’s best days are behind him and we can only hope to have a glimmer of his very best, carving out a brilliant career for himself, amassing a vast fortune.
Yet here I am talking shit about him. This is how thew world works, one person shitting on top of the next until there are no shits left.
The Dow is down, Nasdaq is up and I sense turbulence in the tape and have taken out a hedge against my newly minted positions. I’m mostly cash, about 65%, trading like a scared girl inside of a haunted mansion.
Here are my booked gains for today.
BIOC +20%
NAIL +4.2%
TNA +4.1% x2
RWT +8%
UPDATE: ON THE FED BOND BUYING NEWS, I CLOSED OUT MY ONLY HEDGE, TVIX, FOR A 6% LOSS
We were supposed to crash thru thr flood boards today, but it didn’t happen. Instead, traders from Robinhood, and like the true American heroes that they are, they levered up their little accounts, formed an alliance, and slew the bear. We’ve been trending up since morning, and I didn’t even need to worry for a minute.
I’ve been out all morning, but now I’m here. I sold BIOC for +20% and now I’m thinking about selling some of my other stocks, especially since markets have a weird way of COLLAPSING on days like this.
Decisions decisions. I cannot say which way I’ll go. But rest assured, le fly will be winning.
I feel like Bill ‘Montauk’ Ackman tonight, sans the billions. I went on a bicycle ride with my son and, frankly, could not hang. I’m half dead now, drinking consecutive bottles of water, whilst trying to get my grasp on whatever the hell futures are doing tonight — down more than 400.
It’s all well and good and you will have hell to pay — pesky and stupid Americans who’ve bore witness to their birthright being squandered by lunatics. What do I mean? Oh, is Le Fly exaggerating again — regarding the SUMMER OF LOVE in Seattle — the turn of phrase the bitch mayor calls it? Peruse my media section of my Twitter account and tell me what is going on in CHOP/CHAZ — because I certainly do not.
Imagine not being mentally ill and have THOSE FUCKS take over your hood and the police were gone and all that was left was degeneracy and filth. This is America and it will only get worse — which is why I’ve RENOUNCED my citizenship and will make my way outside of her borders as soon as I can. It’s all very simple and I am surprised you can’t see it for what it is. But it’s over. It just so happened we were born at the ass-end of the American empire. So many things contributed to our hastened demise and it all sped up after 9/11.
DO NOT BE XENOPHOBIC; Le Fly is simply not from America anymore.
I’ve renounced my citizenship from America — a land my ancestors must’ve visited when bored or famished from lack of potatoes. Prior to visiting this wasteful land, my heritage dates back to the founding of Ireland, over 1,000 years of rich history — a legacy to behold and perhaps re-engage with. The experiment of America was unique and bold: bring in your poor morons and we will send them to our factories to make us rich — thanks to cheap labor.
All of that has ended now and people want to light things ablaze. We have an autonomous country named “CHAZ” in Seattle and I suspect there will be more. Should you stand up and waive a flag in front of these people, your privilege will be immediately checked and your face beaten. Then they will release your identity on Twitter, get you fired from your job and prevent you from all future employment, and harass you and your loved ones for balance of your lives — because racism. Awful and most heinously dreadfully despicable racism.
If you dislike me because my family once came here from Ireland, you should be killed.
Pardon me, as I check my privilege, growing up in a shattered household, extreme poverty, family members made it a point to visit jail frequently — I somehow managed through all of that privilege and started a fucking blog — where I talk shit for a living. Once upon a time, I managed money and found that I had a knack for trading. Using these skills, coupled with a gift for writing, rooted in one thousand years of ancestral history, I speak to you now a supreme victor in all of this.
As the race wars heat up, and the whir of mental maladies blur right from wrong, and the police arrest you for praising America, Le Fly exited this trading session long a sundry of stocks and UPSIDE ETFs, a position he did not have heading into today.
See I realized the errors in my ways at the open. I had but two positions: FAZ an SOXS
(SOXS -7%)
FAZ +15.8%
I closed them out.
I then veered off wildly into TNA and caught an average down near session lows — announced in Exodus of course. It was my belief the whole time — markets would climb into the bell. These ideas and embedded inside of me — all thanks and praise to the Exodus OS signal — who has nailed each and every pivot point in this tape since April — a total of 5.
The Dow closed higher +477, after flirting with losses.
A scourge is resting upon you — without fear of reprisal. Nevertheless, I closed out the day 35% long, 65% cash, 100% out of America.
The former head of the FDA took to CNBC today and said we’re not in a second wave for COVID-19, but instead enduring sporadic bullshit throughout certain areas of the country.
Futures had already been higher, but now we’re cooking with grease, motherfuckers. We’re up 600 and things seem to keep getting better and better.
Gen Milley, fagLORD from the joint chiefs, issued a video apology for the other night, showing up with Trump in front of the White House, gassing people to make way. He did not, however, apologize for all of the war crimes and illegal wars his department has put us through the past 20 years. I’m very past the stage of caring, just taking notes here.
Finally, I find myself fucked in a DOUBLE SIZES SOXS position and FAZ. This comes a day after I lost 500bps in a serious of most unfortunate events, long shit stocks into a crash. This is the part of the narrative where Le Fly looks lost, disheveled and demoralized, only to later appear out of the smoke with a butcher knife hacking away at his enemies, and then drinking their blood from the chalice of victory.
I have no idea what the fuck that all meant. Happy Friday.
I am long FAZ and SOXS — the rest cash. No interest in playing the dips or positioning myself alongside fucking morons. Anything can happen, of course. But the way we closed — down more than 1800 points, WTI down 10%, I’d bet both my balls we gap the fuck lower tomorrow.
The cause for the decline is complex. Lots of froth in this tape, weak people long SPACs and other dumb names. We have insurrection and a toxic and poisonous culture that is causing discord. I do not believe in anything anymore, which is a byproduct of my upbringing in America, post modernism.
Having said that, the game continues, as long as King Dollar maintains its status.
$26 trillion in debt, unlimited Fed interaction with markets, looting and rage throughout every city, widely supported by a lame populous — weak women and even weaker men. The halcyon days of America is in the rear view mirror. It only gets worse from here.
We’re down 1,500, WTI 8%. Lots of dip buyers out there ahead of Friday, a day which is known for market maladies. Let me tell you this from the bottom of my heart, it’s over. Not only is the market over, but the entire country. We’re deluding ourselves if we believe America will stand the test of time — an failed experiment of culture and diversity giving way to hatred and political tumult. There is no coming back from this, especially with $26 trillion in debt.
Dare I say, it is time to prepare for all eventualities. Dare I say, prepare for a full blown collapse.
Gold miners are SHARPLY lower even though gold is up. Everyone gets the knife.
I am 95% cash, 5% FAZ — watching it all burn while listening to the soundtrack below on loop.
Fuck this entire planet. What morons we all are — protesting en masse during a fucking pandemic. It’s ok people — get out there and stand up for your rights now — die from the flu shortly thereafter. We’ve got an ARMED INSURRECTION in Seattle, a 7 block country autonomous from America called CHAZ (Capitol Hill Autonomous Zone) which is now being led by a local soundcloud rapper and SEX TRAFFICKER named RAZ. Raz from Chaz just beat he shit out of someone on tape and is now STOPPING AND FRISKING people. This is just like the novel Animal Farm. I’d offer links to back up my claims if I gave a fuck — but I don’t.
All of the Robinhood traders were wiped the fuck out today. I myself took a 600bps smashing to the head, after having to sell everything in my piece of shit portfolio but FAZ. It was a fun time, but not anymore and now it’s serious because stocks aren’t going up anymore.
This is what happens when the bulls get that exuberance going — they come to work and get a bullet to the chest. I could’ve held and prayed to God my stocks turn around — but only BITCHES do that. I take control of my destiny, just like the folks in Seattle — who now are cosplaying Bane and Dark Knight, The Joker also, and acting like complete fucking imbeciles motivated by Hollywood movies — instead it’s real life.
To be honest, I am leaving this country. I do not care for it anymore — because they let all of this happen. It is not my job to stop this shit from happening and it’s not my job to fix all of America’s issues. My family came here in the early 1900s and it’s time to go back from whence I came.
Oh yeah, the Dow is off by more than 1,000, Nasdaq 250, WTI -8% etc.
