MARKETS WILL BE IN TURMOIL SOON

My trading was mixed this week but ended up in spite of some fucked LABU and SQQQ sojourns. Over all, I was up around 2500 in trading gains and lost 1.95% for the week using my new stratagem. Whilst this may seem bad, my quant was RACKED for -9%, as I am sure the vast majority of you underwent similar drawdowns.

This is the time of year to be festive, not some soured Scrooge like person angered at the world for his own unhappiness. I shall not bestow upon you, the unwashed reader, what I internalize daily.

But if you asked me over drinks, I’d show you this.

And then I’d tell you this.

There is nothing you can do to stop it. The great Xmas smash is upon you. All attempts to forgo drawdowns will fail, unless of course if you are net short.

I ended the session DOWN 2.4%, but with hope and optimism — as I am now 143% leveraged long very large amounts of TZA and SQQQ. Before taking on such large positions, I did some research and asked around: “Is anyone gonna stop me from making money in these?” No one dared answer.

I have also received official documents, or at least was told there were official documents, that stated the following: “the grid is under attack” (source: Bubba from the Pelican Room).

Sirs (women are not allowed to read iBankcoin)

We have a problem.

May the blessings of 1000 Turtle Gods enrich your families with joy and springful radiance. However, the stock market is now in dire straights and I am afraid that there is nothing that you, nor your stupid friends, can do about it.

My robot trading arm, coupled with my exuberance for science, has led to my person, on this very day, to be racked with losses. I had it all figured out. I’d REWARD MYSELF for all of my hard work throughout the year and venture off with Mrs Fly TO THE SHOPPING MALL to spend thousands of dollars on complete ingrates, in celebration for in celebration of SATAN CLAWS — an American blood ritual.

I had losses early on due to LULU and others, not to mention my long LABU debacle. Nevertheless, I was intent on enjoying myself whilst I cavorted throughout the narrow hallways that led me to various vendors whose wares were for sale, which were gratuitously purchased by Mrs. Fly. I come to see the outcome of this splendid day and was horrified to learn DOWN 275bps, as the market barely traded lower. It is a sick joke of course and I have come to realize that, no matter how hard I try, I will never escape the range I am in. You will visit here 30 years from now and Elder Fly will be in the same range trying to “bust loose” again.

It’s never gonna happen.

Hedges will be tossed away by the Stock Gods and longs will be toyed with until my death, at which point ANTIFA FLY and co. will liquidate it all and spend it in a fortnight on one of his own expeditions to a shopping mall in the year 2060.

LADS,

I was on top of the mountain urinating down below with a sense of entitlement and bravery. I felt brave because I was brave. I had gains of +2% and nothing could stop me, so I decided to close out my 15% weighted SQQQ position and enter into a quick gambit in LABU — based upon my fervent love for science.

I will illustrate in the chart below what happened next.

It’s fair to say I actually closed out my short at the highest point of today’s tape and then got involved in a bit of a MARTINGALE STRATEGEM in regards to LABU, 3x long biotech index, aka the Merchant of Death. My gains quickly dissipated like a snow man in June, falling from +2% to +0.11%, at which point I resigned myself to this condition. What was once a trade for a “quick profit” then become a religious experience. I conjured up ideas of science in my head and even thought once or twice about Dr. Fauci, perhaps coming to my rescue with FRESH COVID MANDATES, forcing people into concentration camps whereby they might have a nice long think about being ANTI-VAXX.

Then markets started to bounce and towards the top of that range, I once again BARRELED heavily into SHORT OIL via DIG at 15% weight, all but offsetting anything that might occur to LABU.

I ended the session +45bps which is being OFFSET NOW due to a most horrendous after hours debacle in LULU. At any rate, I remain eternally grateful that my enemies face eternal hell and do not come close to my most extravagant +51% returns this year.

Cheers and good day.

Good day

The last time I discussed the semiconductors I was prescient in the sense that November was going to hoist upon us a terrific rally of sorts, gleeful turkey loving market trades piled in and piled the fuck out for a magnanimous trade of +20%. Since then the index has been stuck, TRAPPED EVEN, inside the fag-box. Observe.

My analysis is as follows:

If you’re looking for the SMH break out of this prison it finds itself in, let me remind you that it is not going to happen. The keys have been tossed out and the locks are very strong. Overall, the facility in inescapable — surrounded by a moat filled with deadly sharks and outside the perimeter there are bears.

You feel good today due to recency bias. This is a mental disorder that greatly afflicts mostly low IQ market participants, who regularly soil themselves when markets trade down. As soon as it trades up, these submentals jump up and practically smash their heads against the ceiling — so excited by the markets resolve. Truth is, the market’s true resolve is to go lower. Any brief period of time that elapses with actual gains should be considered something of a gift that should be taken, POST HASTE.

I am higher by 1.7% today, not because I am particularly fond of the market but because I am fully invested based upon the advice provided to me by my computer brain inside Stocklabs. I discussed this in great length before. But if you’re just tuning in now, I am using the algos for weekly picks that I will hold no matter what — supplemented by trades that I might do intra-day and overnight, which are mainly hedges.

I was tempted to close out my 15% SQQQ numerous times this morning but just couldn’t pull the trigger. It’s like a safety blanket for me, since I’m 100% long with picks exclusively from Stocklabs. With those picks, I’m up 1.6% today and if being honest here, I’m quite happy with myself. The pressure to scrounge to look for money grubbing ideas has been eliminated. The system has proven to be reliable and with my Intra day trades and overnight hedges, it’s very possible that I’m on the cusp of glory and attaining a high quality existence.

As for markets, we all pray for its downfall. But who are we kidding? The son of a bitch is strong and is bouncing today, so watch out if you’re net short.

Oil is up. Tech is strong etc.

Markets dipped at open and now straight the fuck up. Sound familiar?

I have a BAN on new users to comment on the blog and it has been that way for several years now — not because I hate you and want you to die — but because I haven’t gotten around to a site redesign and have been harangued by spam. In the event you feel like extricating yourselves from Twitter and other venues and comment on the olde blog here, if you have not been preapproved — you’re plum out of luck until I do the fucking redesign.

So now I will ask you, the unwashed reader, a question — one you cannot answer because you have not been approved for comment.

WHERE DO WE GO FROM HERE?

I’ve been playing with this Chatgpt all day, the google killer.

Here is a poem it created for me.

A BEAUTIFUL CHATGPT POEM $SQQQ pic.twitter.com/UWokIxs01P

— The_Real_Fly (@The_Real_Fly) December 7, 2022

Very lovely.

Markets are doing a lot of nothing, quite boring which usually means a fucking rampage is just beyond the bend. I, however, am not closing out hedges because I have hope, hope for a grimmer future.

At any rate, not much to report. Breadth is 52% and things can go either way.

Wish me luck!

We popped as soon as the market opened to a large degree, luring in a fresh batch of permanent bulls into the markets furnace. We are now roasting them and selling down pretty heavily. The NASDAQ FUTS were sharply lower overnight -150+, then we popped up to +30 and now we are -75.

My prediction is as follows:

More trickery and then afternoon swan dive into an empty pool of rocks. I only have a 5% position in SQQQ, but reserve the right, BY LAW, to increase it up to 40%.

At this point in my life, I just want to see fireworks.

This is exactly what is going to happen.

There is a sense of entitlement in this market — with a cadre of traders solely depending upon fantasy and dreams of success to magically produce before their very own eyes, which in turn will afford them extravagances which in turn will produce partners to fornicate with in acts of grave debauchery. Let me remind you, the idea you are deserving of anything is folly. You get what you deserve and whether you like it or not is grossly irrelevant.

To start the day, I was entitled and delighted to see gains of 2%. I caught a buyout with VVNT and my hedges worked and I just held 100% long waiting for the cadre of optimistic dip buyers to step in and bring forth gains of perversion. Instead, market longs were offered the Black Flag, no surrender. One by one I bore witness to my comrades receiving bayonets into their livers. To escape this fate, I smarty traded and made 11 day trades, with 10 producing profits. Had it not been for my trading, my day would’ve ended in misery with me feeling dejected and depressed. Instead I stand before you like a man in the gymnasium hopped up on HGH, anabolic steroids and caffeine, down just 41bps for the day.

My hunch, or my feeeeeelings, point to an idea of Christmas joy and stocked market rallies. But then I get to thinking about the Dow +20% the past two months and all of the scam and all of the fiction and come to realize the bulls are going to be broken into pieces this holiday season. Whether you celebrate Christmas of Hanukkah, or perhaps even the CIA holiday of Kwanza: you shall be dispatched Sir into the depth of hades where you will then stew alongside Jeffrey Epstein for a while before coming to the conclusion that it is over and the only appropriate course of action would be to SELL SHORT THE SEMICONDUCTORS, or long SOXS — as all men of means are doing right now as we speak.

Alas, I have been blogging for your pleasure since 2007 and have accurately predicted every single bear market, even the ones that never materialized. I am telling you now, so hear me loudly, WE SHALL FORTHWITH BE SHATTERED INTO PIECES on par with a Blackened Swan event that will darken your souls and blacken your portfolios with losses.

It’s not as bad as it looks: promise. You might be thinking to yourselves now “oh no what will I do?” Stocks are down 3%, give or take, and the month has only just begun. At this rate, markets will drop by 25% by the New Year, truly ushering in Centaurs to the NYSE to ring in the bell with the heads of decapitated traders.

But before you get all scared like a pussy, bear in mind the 10 1000 point rallies you have been ENTREATED to this year. It is your right for magnanimous rallies. You deserve it because you’re an American and democracy is the light. Ergo, just sit there and snort some more cocaine and wait. I am almost certain Fed’s Kashkari will say something to really get people going again. Hey, how about *only* 25bps for December instead of 50 or the dastardly 75bps? I bet you’d like that — wouldn’t you?

In many ways, 2022 was a bull market for stocks. Sure, we had periods of disarray and many Reddit tier stocks dropped 90%. But on the whole, if you were nimble, you got to enjoy, and savor, multiple THOUSAND POINT RALLIES, which were all, mind you, well deserved for a man of your stature and station.