REVERSAL!

I am very sorry to inform you of this, but my top 3 positions are higher this morning (EMES, PANW, BITA) and you wallow about the dirty rugs festooned with devil dog wrappers and stale cheesed doodles. Looking at the tape objectively, plainly, it sucks. Small caps are weak. Bonds are strong and there seems to be an overall sense of pessimism in the market.

Howsoever, we’re still in september and there is a large wall of worry to climb. I expect the rally to ensue, full fledged, within 7 business days from now.

It appears I’ve jinxed myself, even before publishing this, as PANW is now lower for the day.

Lots of red ink out there. Let’s hope for a firming of the tape.

UPDATE: I started a small position in CYBR

THE BULL MARKET IS BACK

Armageddon has been averted. All is good on the eastern front, as well as the west–especially since William H. Gross is kicking the nuts out of PIMCO. I made a 180 degree move today and if one of you little beer swillers leaves a comment, such as “THE TOP IS IN,” I will literally track you down and punch your ears off.

Aside from BITA, PANW and EMES, I pressed the nuclear button and went long 12 names, out of the 35 that I am long, in an effort to focus on what’s really important.

“What is important Fly?”

What’s important is that I make a ton of money, kick old people down subway steps, and tell my wife “out the way hun”, when I am into my stock shit.

Some of the names that I bought today include YELP, CHK, DVN, SLCA, BEAV, BX, LPNT, MY, BID and LAZ.

I am long, creatine strong, and abiding by the sublime laws of nature, dictated by mathematics (SHOMP).

NOTE: Remember to take advantage of the After Hours with Option Addict free trial today. It ends today.

Fly Buy: $SOL

I dumped all of my cash into SOL.

Zero cash, TLT, ETR EXC, SOL, ARWR, GILD and SLCA make up my largest positions.

I’M DOING THE OPPOSITE

After I penned my first blog of the day, I said to myself “Fly, why don’t you partake in a game of opposites?” I then answered myself, saying “asshole, what the fuck are you talking about? How does one partake in opposites?” I then retorted “whatever you think you’re going to do with all that money, just lying there, do the opposite. In this case, specifically, you would permit me to buy something instead of you.”

“Oh, so you want to wear the pants, tough guy? I’ll tell you what: I’ll give you 50% of the money to invest. After you make a complete jackass out of yourself, I get to kick you down a flight of stairs, laced with jumping jacks and mustard. Do we have a deal?”

“Done.”

With 50% of my cash, I bulked up on my utilities, buying size in both ETR and EXC.

HAR, HAR, HAR: I AM RONG SORAR!

With the proceeds from IFON, I bought a stock at the same exact price, rather poetically.

I am long SOL in size and will add on any dips.

JUST ONE MORE HIT

I couldn’t help myself, man. I needed to take just one more hit. I swear, this time it’s for real. Just one more hit and then I’m gone.

I bought ARWR

I HAVE $GAS

With some of my cash, I added to my boring utility holdings, buying GAS here.

When I release said GAS from my possession, I intend to make waves with it.

REVERSAL!

I am very sorry to inform you of this, but my top 3 positions are higher this morning (EMES, PANW, BITA) and you wallow about the dirty rugs festooned with devil dog wrappers and stale cheesed doodles. Looking at the tape objectively, plainly, it sucks. Small caps are weak. Bonds are strong and there seems to be an overall sense of pessimism in the market.

Howsoever, we’re still in september and there is a large wall of worry to climb. I expect the rally to ensue, full fledged, within 7 business days from now.

It appears I’ve jinxed myself, even before publishing this, as PANW is now lower for the day.

Lots of red ink out there. Let’s hope for a firming of the tape.

UPDATE: I started a small position in CYBR

THE BULL MARKET IS BACK

Armageddon has been averted. All is good on the eastern front, as well as the west–especially since William H. Gross is kicking the nuts out of PIMCO. I made a 180 degree move today and if one of you little beer swillers leaves a comment, such as “THE TOP IS IN,” I will literally track you down and punch your ears off.

Aside from BITA, PANW and EMES, I pressed the nuclear button and went long 12 names, out of the 35 that I am long, in an effort to focus on what’s really important.

“What is important Fly?”

What’s important is that I make a ton of money, kick old people down subway steps, and tell my wife “out the way hun”, when I am into my stock shit.

Some of the names that I bought today include YELP, CHK, DVN, SLCA, BEAV, BX, LPNT, MY, BID and LAZ.

I am long, creatine strong, and abiding by the sublime laws of nature, dictated by mathematics (SHOMP).

NOTE: Remember to take advantage of the After Hours with Option Addict free trial today. It ends today.

Fly Buy: $SOL

I dumped all of my cash into SOL.

Zero cash, TLT, ETR EXC, SOL, ARWR, GILD and SLCA make up my largest positions.

I’M DOING THE OPPOSITE

After I penned my first blog of the day, I said to myself “Fly, why don’t you partake in a game of opposites?” I then answered myself, saying “asshole, what the fuck are you talking about? How does one partake in opposites?” I then retorted “whatever you think you’re going to do with all that money, just lying there, do the opposite. In this case, specifically, you would permit me to buy something instead of you.”

“Oh, so you want to wear the pants, tough guy? I’ll tell you what: I’ll give you 50% of the money to invest. After you make a complete jackass out of yourself, I get to kick you down a flight of stairs, laced with jumping jacks and mustard. Do we have a deal?”

“Done.”

With 50% of my cash, I bulked up on my utilities, buying size in both ETR and EXC.

HAR, HAR, HAR: I AM RONG SORAR!

With the proceeds from IFON, I bought a stock at the same exact price, rather poetically.

I am long SOL in size and will add on any dips.

JUST ONE MORE HIT

I couldn’t help myself, man. I needed to take just one more hit. I swear, this time it’s for real. Just one more hit and then I’m gone.

I bought ARWR

I HAVE $GAS

With some of my cash, I added to my boring utility holdings, buying GAS here.

When I release said GAS from my possession, I intend to make waves with it.

Previous Posts by Dr. Fly