iBankCoin
Home / Dr. Fly (page 59)

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.

ELON MUSK VANQUISHED MARK CUCKERBERG TODAY

A few days following Mark Zuckerberg’s release of Threads, an obvious declaration of war against Twitter and Musk, Elon released revenues shares with content creators — much to the delight of everyone who bothered to upgrade to Twitter blue and produce popular content.

The net result has been nothing short of euphoria and I’d love to have a look at the Twitter Blue upgrades today, as Zuck melts into a pool of feces and sweat — training for his match to come with Elon at the Roman Colosseum.

It was a colossal asshole move of Meta to enter into the specific space of Elon. These people tend to be spiteful and I suppose that Twitter’s new policy of permitting free speech is a bit too much for those bastards and they’ll do whatever they can, within the means of their influence, to derail Musk.

I am not naive. Elon isn’t perfect. He is just a man and not a God. But he must be protected and supported — because the right to express opinions in a public square that isn’t checked by deranged leftist scum should be a God given right.

We’re doing a special trial offer for Stocklabs tomorrow. Drop your email here to get one.

Comments »

Indicators of Risk Suggesting MOAR Gains Ahead

There was some news out of Ripple land, the crypto, which was a favorable court decision — and it led to COIN and BTC miners lifting off. The overarching them of risk has been rooted, in my belief, in the rise of BTC. When we had the little banking crisis, that cute little panic, a few months back it was BTC that provided safety for a class of investor widely viewed as degenerate.

In spite of govt meddling, BTC is nearing $31k and ETH 2k.

To leverage this move and future moves higher, trader are sopping up shares of MSTR, MARA, RIOT, GREE, CLSK, SDIG, IREN and other smaller miners.

Moving past that, we’ve seen terrific moves in any number of high risk securities, measured by their beta being above 2.

Today, for example, NKLA, QUBT, CDLX, REAL, AFRM and many others are up double digits.

How to find the next one?

The best way to find a winner is to buy what is already working, so strong technicals. Another method is to focus on stocks heavily shorts in very bullish tapes. Another is stocks down big over the past yr, but moving up now. Another is industry focus. If you see solar or oil running — target a basket. There are innumerable ways to trade and trade well. The losing stratagem, ALWAYS, is holding onto stuff not working.

Listen to me: COUNTER-TREND trading isn’t you being smart. That’s you being obstinate, believing your brain is somehow better than the collective. Resistance is futile. Conform.

Comments »

Introducing the Strategic Holdings Account

I have the quant account, which is allocated monthly using the Stocklabs machines. I have my trading account, which is basically me tactically positioning and day trading. And I have a Tesla focus account — which is a monthly allocation into TSLA. What I don’t have is a strategic account that houses some of my conviction ideas — so I am launching one today.

I had an old algo account worth $40k doing nothing so I figured I’d start this one with some of my best ideas. This will be easy to follow, since I intend to hold stocks for at least a week, possibly months. The account can go long or short — but will not day trade. This account will be designed and managed in a professional manner, with 5% allocations — perhaps maxing out at 10% per stock.

Part of my issue with my trading account is I sell stuff I like in order to book profits and raise cash. This is something I continuously do out of nervousness. But this account will have rules and the money is a lot smaller, so I can stick to my convictions a lot longer.

Let’s see how fucking Mr. Fancy Pants high returns, stock trade extraordinaire can do in a setting, such as this one.

NOTE: We are doing a very special trial offer for Stocklabs tomorrow. If interested, drop your email here.

Comments »

Don’t be Tricked into Traps

It goes without saying, the new rich aka arriviste are more despised than any class of person in America, specifically because to have money and not be “high born” is more or less an anathema to those with winning genetic lottery tickets. You have to understand the psychology and try to empathize with their plight.

These people always had an abundance of things, sent to the best schools, provided the best advice by well meaning and educated parents. They were bred to lead and succeed, and rightly so. Their parents have provided them with love and care and a high IQ, and never once had they played “Step on the Waterbug” inside the sewers of Brooklyn as small boys.

So when they see you, a low born pleb, exceeds their levels of success and dominate a field they could only dream of — a natural hatred develops and they want to dislodge you in whatever way possible. In a sense, this is humanity 101 and this game between classes has played out for thousands of years.

In the past your name determined who you were by the prestige it possessed — established by your forefathers by military rank or business wealth. Today, thankfully, the playing field is a little flatter and if you work really hard and smart — you too can live your best life. With discipline and avoidance of vice, any many in America today, regardless of your color, can achieve greatness.

Three things destroy men.

1. Bad women
2. Booze
3. Greed

Booze and drugs are the hardest one’s since it’s part of the American culture to indulge and when things go badly — lots of men turn to booze to satiate their angst. Speaking from the heart here, I can tell you that I’ve often become depressed and “walked the black dog” — but made it a point to never dull those senses with the assistance of alcohol or drugs — because they’re crutches and before you know it you won’t be able to walk without them.

My market advice isn’t needed today. You know where stocks are going.

Comments »

The Art of Winning in the Stock Market

My advantage over most people trading is my passion for stocks. On my own time, I study it and really enjoy trading. If I had no money at all, I’d still follow it and pick ideas that could make me money. I do not trade out of necessity and would do it for free.

I built the tools for Stocklabs, not to profit by luring people into the service — but to help me trade better. The tools are custom designed for me and hopefully people who use them can find how it can help them.


Current account status

What is my trading ethos?

Only accept what you see and do not pretend there is a conspiracy afoot and fall into traps. This is especially important for someone like me, as I am naturally inclined to hate governments and believe in all types of bullshit. In my natural state I would always short stocks. But there is also a side of me who truly loves humanity and the innovation from which it produces great and wonderful things. The proper mindset is to never relax and always be on the lookout for COLLAPSE — but to chase innovation, momentum, and be a good sport about losses.

I like to say “it’s over for me” when losing — because it helps motivate me to prove that statement wrong. If I do not have an enemy to fight, I make up some — sometimes I am my own enemy.

The single most important thing to accept when trading is the losses aren’t personal. The stock didn’t drop because you bought it. You are not a fading factor. If it feeeeels that way, you’re simply out of sync and need to change it up.

How?

This is the easiest thing to do. Buy stocks near or at 52 week highs and expand upon that by buying stocks within 1% of session highs, with strong technicals. After you’ve enjoyed some success — keep it by taking profits quickly and hedging with inverse ETFs if and when markets begin to look sour. If markets move higher and the thesis for your hedge is negated, close them out.

You have to hold yourself accountable and never fall into dreams of becoming rich fast. To dream is folly and this train of thought will cause you to make errors. Position sizes should be no bigger than 5% and losses should never exceed 10%. Most of my losses are 1-4% — because I prefer to day trade and use volatility to my advantage — scalping dozens of 1-4% gains to the upside in a never-ending gambit to achieve high returns by being right more often than being wrong.

Comments »

Markets Blasts Off on Less than Expected CPI Number

Some people might say the CPI is rigged and how shit is still expensive so you can fuck off with that less than expected CPI number. But I believe it — and want to believe it. Why would the government lie? After all, they have a sworn duty to the people of this country and if they weren’t interested in the people of this country — who are they working for?

Don’t be silly. The American governmental machine might be filled with cromagnon blood suckers but they’d never rig a CPI number in order to boost stock prices.

America is back and you’re just gonna have to deal with it.

I had a 10% UVIX hedge and had to close it out. After a bit of a pull back in one of my piece of shit stocks, today’s gains stand at +0.82%.

We are going up, not because Joe Biden is a great President — but because this is the least form of resistance up against trillions of dollars hungry for MOAR.

Comments »

### RECOURD HIGHS ###

We have a CPI number coming in hot tomorrow. I have two scenarios in mind.

1. HOT AS FUCK — markets bust loose to the downside — sending Wall Street into the pits of hell.

2. Benign and Biden tweets some dumb shit like “THIS IS BIDENOMICS” as he shits himself.

Scenario one leads to a total dislocation of markets and soaring rates. Volatility will spike and those leveraged long will wish their mothers had gotten abortions all those years ago.

#2 leads to a small uptick, collapse, and then recovery of stocks back to hitting doubles off the wall.

Because I was HEAVILY LEVERAGED LONG and commodities are up over the past month, I took a gambit with 10% long UVIX to stem any losses that might result in a broken elevator tape.

Understand something, I am a professional.


Fly’s trading account, aka “Recourd Highs”

My longs are varied, but the overall theme is risky as fuck. I want to apply this risk as I am afforded to do so. I have some core ideas and strong convictions; but my strongest conviction is to trust what I see when I see it and to take profits quickly.

GOOD DAY.

Comments »

The Shittiest Stocks Are About to Bust Loose

I am talking trailer trash stocks, the worst of them. Chinese burritos, EV, EVTOL, solar, Alt energy — the worst. We might even get involved with 3-d printing again and autonomous technology and LIDAR and perhaps soiree in a myriad of Bitcoin miners.

Take for example MARA.

At the BTC peak the company stock price rose to $75. But now their hash rate is significantly higher and they’re producing more than double the amount of BTC per mo. Let’s say for example BTC went back to $69,000 — there is a better than average chance the stock price will enjoy a premium level of $125+ under those bullish conditions.

We have a window of opportunity here to enjoy gains in HOOD, MARA, UBER, UAA and many others. Do not squander it because your feeeeelings state otherwise.

Comments »

The War is Still Guiding Markets

There are two wars taking place in Ukraine — one kinetic which NATO is losing and the other is monetary — which NATO is winning.

The Russian Ruble is down 50% over the past year, after initially rising post invasion. The perception was Russia could withstand the ensemble against them and prosper in the war. Since then, we’ve had a FROZEN CONFLICT. A frozen conflict is winnable for Russia if they’re willing to suffer. The west is more than happy to spend Ukrainian troops to achieve their goals — which is to subjugate Russia in order to warn China. The fact that so many former Russian vassals have sided with the west is evidence of them (Russia) failing to achieve diplomatic benchmarks. This is all very bullish for NATO fags.

I do believe markets are rising because they view the war as contained and beneficial for western nations, as morbid as that might be. To be clear, these people are monsters and they’ve proven this over and over again — especially during the COVID lockdowns and forced vaccinations. These are people who hate you, work to divide you, and now want you to support their geopolitical gambits because they have a biblical feud with Moscow.

I am sorry, but fuck off. I will never support the GLOBOHOMO.

NEVERTHELESS, this is the reason why the Ruble is down and the market is up and it’s important to accept the rationale of markets in order to profit from it.

Russia simply is up against a billion people who might not have a great army but have great resources and when pooled together can make a long term war extremely expensive for them. The biggest loser in all of this, naturally, is Ukraine. As an occupying power, Zelensky has chosen to sacrifice his people for power and the dream of becoming an American vassal. I cannot envision any scenario where this leads to peace for Ukraine. Even if the war ended today, Russia would have a blood feud against them for hundreds of years.

Bottom line: We are in bull mode and as long as status quo continues — markets should continue to move higher.

Comments »

Here are the Top Rated Stocks by Sector

Per Stocklabs, here are the technically strongest stocks by sector. Note to you: stop trying to find the next one to go and start focusing on what is working now — you god damned morons.

Basic Materials

Consumer Goods

Financials

Healthcare

Industrials

Services

Tech

Utes

Comments »