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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.

Exodus is Overbought — Bullish — Biotech Lottery Floater into the Bell

I bought some ADMA — because I’m interested in making a lot of money in a very short period of time.

Also, Exodus flagged OVERBOUGHT yesterday.

See?

As you can see, this typically is a very bullish thing for stocks over a 10 day trading period. It simply means stocks in upward motion tend to keep going that way — so you ought to know that hot markets stay hot for an extended period of time because we’re a gluttonous people who do not appreciate the finer things in life — the intricacies of beauty and finest details of happiness.

more, More, MOAR.

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Fly Sell: $ROKU

It’s hard to keep up with me these days — I get it. I have a lot of irons in the fire. I took this trade and booked it +6.1%

Making lateral moves now — looking for my next score.

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Everything is Flat — But Investors Clamour for MOAR

It’s all a fun game — isn’t it? End of days apocalyptic breakdowns followed by effervescent shifts in the winds that blows everything up, brightly and wonderfully, without pause or rationale — even the faintest idea of meaningful explanation.

Stocks go up because they do. People still buy GM cars, and clamor for their SUVs — because they do.


“Top News”, morons from CNBC

In a country with price per square foot real estate presently fetching $2,000, it’s hard to imagine anything but gains. There is a feverish appetite for more and the savages on Wall Street are disinterested in your bearish commentary — anything to do with leverage loans or student loans is idle trash to be discarded or not even looked at. Zerohedge is a comedy website with authors who lampoon themselves blogging drunk and without meaning. A joke.

Today oil is up — but oil stocks are down. Makes no sense, so I don’t think about it. We do not like to think about what’s uncomfortable and painful and would prefer to just celebrate the wins — trade wars and profits — the ascendency of mankind over the reprobates — America the all powerful — an empire built upon the bedrock of civility and human interest will fucking bomb your culture into oblivion and then take your resources to fuel our growth and fund our pensions for the next 100 years. Henceforth, anyone even thinking about shorting stocks, let alone actually doing it, should be drawn and quartered — their limbs ripped from their bodies and their heads used to play soccer at the next Bilderberg meeting.

That got very dark, very fast. My apologies.

Buy the dip.

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TIME TO GET LONG SHITCOIN STOCKS

With Bitcoin back in play and the entire crypto-world of avocado eating homeless millennials  chasing this fucker — as it moseys its way back to 20,000 — I’m getting long the principle blockchain related stock: OSTK.

I had to sell out of ALT — didn’t work out — took an 8% loss.

Early going — markets are SOFT — but oil is going up. In theory, we should rest a little before we head to brand new highs. Too much excursion isn’t good for the heart and lungs. Best to sit down a while, smoke a pipe, and take in the rays before doing anything extraneous.

More on this later.

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Bitcoin Bulls Drive a Rail Spike Through the Heads of Haters

What the fuck is going on here? Not that it matters, seriously. I suppose there’s some news floating around there — maybe some Korean FUD or something really cool and blockchainish.

Look at her go — up 14% now.

Stock traders should be mindful of the shares of OSTK, MARA, RIOT, GROW and many others which will be talked about in Exodus.

GOOD DAY TO YOU.

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A Truly Fine Day in the Markets

I did whatever the hell I wanted to today. I booked a sharp, normally debilitating loss in LYFT — edged out at -17%. Then I decided “let’s make it all back”, so I traded in and out of TROV for a 17% gain. This is life on Wall Street now — where the rich get richer and the lucky get luckier and the poor get babies.

I bought some ALT towards the end of the day — not because of anything other than a desire to see myself profiting from this stock. I said to myself “this looks like a fine stock to make money in”, and then I bought it — no one could stop me and I do whatever the hell I want.

For the month of March, my Quant made 2.6% and my gains for the quarter exceeded +17%. Annualized, I’m on pace to make no less than +68% this year and I’m not impressed. The way I see it, I’m entitled to this money — the hard work and toil of previous generations was superfluous and foolish. Nowadays, we sit vigil to the computer and talk to one another about how grande our lives are — the vacations to be had, the new Peloton machine to sit idle, the new scotch bonnet based hot sauced to be enjoyed amidst the fires in our stomach which casts an ominous pall. One day said sauce will cause an affliction of horrible measures and you’ll regret ever picking up that god damned bottle.

I bid you farewell. Signing off for now.

Le Fly

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Long a Treasure $TROV of Stock

It’s such a corny title — and frankly I don’t give shit. This is a day meant for snoring — lounging on a chair while the portfolio drifts higher. I’m sure the programmers who designed this realm created this mood as a mode to fool people into a false sense of security — just so they could clown-rape them later. Even so, I do enjoy it.

The only thing that concerns me is my Bubble Basket is down for the day. We’re supposed to be enjoying risk and the riskiest stocks are down for the day.

That’s odd.

At the vet today, the fucking dog doctor made me feel like a bastard dog owner — just because my dog looks mangy AF and because she’s missing a few vaccines. I was going tell him — ‘listen here, Dog-Fucker — some people work for a living and don’t have time to play games with animals.’ But I refrained and sheepishly nodded and agreed to at some point bring my bitch back there so they could inject and prod — poke and grab. Fuck off vets.

He also tried to tell me to stop feeding the dog table food — because she’s 2 pounds overweight. I suppose if humans were fed only kibble for their entire lives — we’d live longer too. What the fuck is his problem — trying to deny my nice little dog from enjoying a morsel of food while alive for an entire 10 year life span. Fuck off vets.

Moving on, stocks are great — blah, blah, blah.

Top picks: TROV, MOMO, TIGR, JPM, FHL

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Bought a Burrito Basket; Stopped Out of Gold

As much as I wanted it to work — the trend is, inexorably, broken. I sold my triple sized position in NUGT for a 5% loss and also sold out of AU. These aren’t nice occurrences and I hate losses — but it’s necessary housekeeping.

On the other end of the spectrum, I have gains in ROKU, TIGR, SLCA and GNFT, just to name a few.

With cash on hand and an appetite for Chinese, I stepped in and bought FHL, MOMO, and JD. I didn’t buy these stocks because someone else told me they were good — or because the trends are pointing up. I bought these stocks because they are the best — the number one, two, and three stocks in all of the market. These stocks are the best because I said they are — the very best stocks in all of the world.

NOTE: Banks are breaking loose — as predicted. JPM for the win.

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