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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.

I’ve Got Black Gold Fever

I can’t get enough of this stuff. I stepped in and went all in sideways on oil, sopping up shares of ESV, PDS, PE and WFT.

Sure, you can hope and pray for my downfall — but it’ll never happen.

The Nasdaq looks tepid, but the oil sector is cock-strong.

We’re all oil men now.

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Flipped $WTI for $XOG

Brent crude is at $80 and WTI is marching higher on a daily basis, ingratiating the oil men from Texas and N. Dakota with untold fortunes. I, as an enterprising man of extreme industry, find it useful to profit alongside these good men. Just this morning, I sold WTI for a 14% return and flipped the proceeds into XOG — with the intention of extracting as much money as possible from the American consumer.

As investors, we can only hope and pray that by the time the Thanksgiving frost comes to the Northeast, the price of crude, per barrel, will be nothing less than $200. At such prices, why, there will be fanciful returns, and also money to be made.

As presently constituted, I am long TUSK, XOG and RIG. I realize this is a small portfolio of oil and gas stocks — but you have my word — I am working on expanding my holdings.

‘Tis is a beautiful morning with splendor all around us. Get out there and take hold of your fortune and make sure to trample over anyone, with beast-like violence, anyone who dares get in your way.

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YOU CAN’T FUCKING STOP ME; BOUGHT $IQ

HUYA is up nearly 20% and some traderFAG in Exodus was talking about it all day. Stupid Fryguy talked me out of it and I’m not gonna let him do the same with IQ.

I stepped in here like a fucking man, half gorilla, and bought IQ. I’m playing the morning surge, the uncontrollable, unassailable, gap higher that will not be denied.

Try to stop me and I’ll break all of your fingers off from your small child like hands.

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SUNFAGS GET IN HERE

It’s time to show those oil men who’s boss. This isn’t the Victorian era and America is better than disgusting fossil fuels. “The Fly” is exerting leadership here by way of a “sun-run” — long solar panels into what can only be described as a ‘very hot summer.’

The chart is beautiful. Look at it. Nothing can stop it.

Added bonus in being long a stock with a ticker dubbed “RUN” is virtually endless. We will have great times in this stock — as oil presses higher and the environmentally friendly Trump admin pursues a green and clean energy agenda.

NOTE: I also sold $ZS today for a 6% win.

Today’s moves included: sold BUD, PS, ZS, IIIV

Bought RIG, TUSK, RUN

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I’M AN OIL MAN AGAIN — PREPARE FOR A FULL COLLAPSE IN OIL

The past 5 times I became an oil man, oil collapsed. I stepped in an added to my burgeoning portfolio of oil stocks and bought some RIG. I was hoping they’d start deep water drilling again, killing sea creatures and destroying the beaches of Louisiana in order to extract some beautiful black gold.

Up in Alaska, where you can see Russia, ‘drill baby drill’ is the state slogan. We can only hope and pray that California changes their fag minds on deep water drilling. Who’d love to see some oil derricks pop up in Santa Barbara again?

You know this guy does.

My thesis on RIG is simple. The chart looks wonderful, and the moving averages are all in the right spots, plus our good friends in Saudi Arabia need more money in order to fight terrorism. It’s a win-win for all parties involved.

Who’s with me?!

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Fly Buy: $TUSK

I have no idea what I’m doing in the oil pits. On Friday I bought WTI and that stock is flying today. Sometimes luck works better than actual skill.

Here I go again, cold at it. I stepped in and bought some TUSK — not because I know what I’m doing, but because my balls are really big.

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THIS TAPE IS WEAK

Industrials and Banks are strong, most of tech is weak. Oils are going higher, but I don’t feel like chasing. The Dow 30 is being dragged higher by its short hairs, but the weakness is just underneath the surface.

Perhaps this is a rotation and we are to deal with it — become indexFAGS and buy MMM — waste our lives away. Maybe tech is finished and all of the high growth stuff is now a waste of time.

OR, this tape sucks and we’re on the verge of spilling over and canceling the rally.

I’m still bullish and one day isn’t gonna stop me. But I think I’ll leave the BUD sale in cash for now. I have a few errands to run an for the love of God I hope the tape improves by the time I get back. Frankly speaking, a market without small cap participation isn’t a market one can trust.

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Sold Swill — Looking for Some Meat (No Homo)

I sold out of my BUD position for a 3% gain. It was a placeholder for me, an old man stock that was supposed to do well while everything else turned to shit. More or less, it served its purpose.

Now I’m looking for something substantial, something with meat on its bones.

The Chinese sector is hot today, but there are a lot of sellers just above the present level. I’d be reticent to buy new China-com positions here. As always, when I find out what I’m buying, Exodus gets picks first, then you freeloaders.

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The Trade Wars Have Abated — Buy Stocks

Starbucks said they’re going to eliminate the use of plastic straws by 2020 — in order to become environmentally friendly and all. I get it. But why can’t they make straws out of wood? How do they expect small children and adult women to drink their whipped cream topped beverages? The more you look at the lunacy taking place inside SBUX, coupled with the stiff competition from local baristas, the more one could envision a stark future for this idiot company.

Nasdaq futures are +40 and I am going to buy some stocks this morning. I’m not certain what those stocks might be — but I know I’m going to buy them.

Over the weekend I cooked some Korean BBQ with sticky rice, drank about a dozen gimlets, half dozen dirty martinis, and about 20 gallons of coffee. I’m all ready and revved up for a week of pure profit.

Enough of the chit-chat, go get ready for the opening tick you fucking faggots.

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Futures Rip Higher, Fueled By Asian Optimism

I don’t know if the Sino-American trade war has concluded, but markets don’t give a shit. If you’ve been fading stocks due to the advent of tariffs, you’re getting graped tonight.

The NIKKEI is higher by 2.7%, China +1% — Nasdaq futures are +30.

I’d bet both my testicles that Nasdaq futures will be higher by at least 50 by tomorrow morning.

The only notable news this evening is BREXIT drama. Apparently, Theresa May isn’t too keen on BREXIT. Big surprise.

In other news, Bordeaux prices are under pressure. Winefags behold and BTFD.

High prices for Bordeaux 2017 compared with similar prior vintages, and restrained demand from buyers focusing on a few top labels, is leading to wine stocks backing up at merchants in the French port and a squeeze on margins through the supply chain, according to London-based online wine market Liv-ex.

Average 2017 prices for wines in the Liv-ex Bordeaux 500 Fine Wine Index, comprising the last 10 physically-available vintages from 50 top wine estates, were down just 11.5 percent from the higher quality 2016 vintage. The average 2017 price in the index was 124 euros ($146) a bottle in bond, only 2 euros cheaper than the more critically-acclaimed 2015 vintage and almost 20 percent more than Liv-ex’s suggested fair-value level. The 2017 season was marked in some regions by the worst spring frosts in a quarter century.

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