You Made a Big Fucking Mistake Taking the Summer Off

Every year come June I get this email in my email box.

“Hey Fly, love Exodus and I really love the Pelican Room, but I need to fuck off because we’re going away and I won’t be trading much. I’ll come back after September.”

Then the markets proceeds to rip faces off to the upside and by July you’re panicking to FOMO and be graced with the picks of the indomitable Fly.

Only billionaire hedge fund managers take the summer off. Those of us in the stock game work hard to keep fresh and relevant, on top of the most recent trends. If you’re taking months off to chill out and act like a fucking degenerate, by the time you come back — you’ll be a dinosaur. Zero fucking days off, ever. My Father in Law had two brain surgeries the past 10 months, everyone is living with me, personal chef, driver — the whole nine yards. We sold the house, trees falling all over the fucking place, totally and complete disaster with my big ass Benz. Fucking cursed.

ZERO DAYS OFF. You see me here every fucking day blogging like the fucking wind — talking stock. Go back in my archives, all the way back to 2007. ZERO FUCKING DAYS OFF. No matter how much money I was making, I never took my eye off the ball. This is your fucking job, not just an avocation. You want to suck, go ahead and suck a bag of dicks in Newport for the summer. If you want to dominate — show up and try each and every day.

Taking the summer off is for pussies and billionaire hedge fund managers, who also happen to be pussies too.

My last 8 trades.

KL +5.3%
MDLA +9.2%
LK +`15.9%
(SY -3.3%)
APRN +2.1%
PHR +6.2%
ZM +5.5%
GSX +8.7%

Enjoy the balance of your Saturday. I’ll be in the garage fixing shit.

After I booked gains in ZM, PHR, APRN and GSX today, I had to take some meetings and also deal with the sale of my home, which of course is not going smoothly. Apparently the buyers’ attorney wants me to fix a bunch of things, all small and of the nitpicking varietal. Needless to say, I am sick to my stomach over this entire process and will never sell a house again.

That being said, I am emboldened by today’s action and will be departing for the yard in short order, where I must tend to innumerable things that need tending to.

I’ll cut to the chase. The markets are SAFU and there is nothing to fear but fear itself. Feel free to gallivant out there into the woods naked and run around backwards into corn fields, care free. I do not see how stocks could trade down, ever again.

With that in mind, I bought 4 more stocks into the final hour. Although I cannot reveal said names to unwashed reader class gents, I can tell you that I am long stocks that will trade higher — and soon. I favor recent IPOs in the tech space and sometimes in retail oriented sectors.

I’m also long a slew, mind you, of gold miners and feel good about that. My portfolio is entirely up with zero pullbacks, all 20 names. I am a fucking Master Ace stock trader, top class, #1 ranked globally by everyone who knows me. I would like to see you try to stop me, for I will rip off your arms and legs and use them as hammers to repair the many things around the house that need repairing.

HAGW.

Booked today’s gains in Exodus. I cannot be stopped.

APRN +2.1%
PHR +6.2%
ZM +5.5%
GSX +8.7%

Fly wins again.

The worst thing any trade could do it delay a sale because of an ideal price that you want to lock in. Most of the time this price is an intra-day high or some fucking superstition, a round number — rookie shit. This morning I sold APRN for a 2.1% overnight success. It had been higher in the morning — but that didn’t stop me from taking the lower price.

It’s better to have one in hand than two in the bush — you animals.

You don’t need to top tick every trade. The stated goal here is to win more than you lose, which could be easily achieved if you’re gunning for the ‘fat middle.’ These are trades, nothing more or less. We’re not voting at the annual meetings and we have zero emotional attachment to them. If we are truly trading, stocks should not grow stale in the portfolio. This is not a best ideas approach, which means you sell if your positions are boring you to death — doing nothing.

Markets are strong following weak GDP numbers (+2.1%). Apparently the consumer is still on fire and that’s giving people the idea that maybe, just maybe, with the weak GDP numbers — THREE FED CUTS is still gonna happen.

Whether it happens or not is immaterial to me. We will trade that market, just like we trade this one.

TEAM smashed numbers and is sharply higher. Look to SAAS stocks for continued high probability gains.

You fucking idiots are busy playing with oil barrels, tech racks, and bullshit iPhones, when the real money is being made in meat.

Aside from the Kleiner Perkins scam, other meat plays are running too — the one’s who kill cows for sustenance.

PPC +75% YTD
BRFS +53% YTD
TSN +52% YTD
SAFM +34% YTD

Look at that shit.

Now other ancillary plays are running too, like APRN. They mail meat to your house. Makes sense — seems strong. We live in a very whimsical world people — where today’s trash is tomorrow’s treasure. Who would’ve known fake meat would be today’s Tesla and today’s Tesla is yesterday’s Ford, etc, etc, etc? Obnoxious enough for you?

GOOD.

I added a little something to this day’s portfolio — an end of day ripper. I was tempted to go CRWD — but I refrained. For those of you just tuning in — NO MORE FREE PICKS ON THE MAIN SITE — fucked faces. We have various reasons for this. First and foremost, you’re all grifters, born to steal and cheat — horrible people.

Exodus 2.0 is being written now and hopefully will be ready by Fall. Lots of major upgrades to speak of and all current members will get GRANDFATHER’d in at these low brow prices.

I’m expecting a lift today, in spite of the fact that markets do not bottom on Fridays.

Ciao.

I felt markets could recover today, but now feel the opposite. Evil people are making Trump’s great big beautiful market go down and patriotic HODLers are being subjugated by them in most heinous fashion.

Nevertheless, I’ve been buying all day, trying to ignore the pangs of my misery — keeping the faith in the religion of this bull market, the never-ending attempts at reflation and wealth creation for those with most to lose.

I’m just about fully invested now, most patiently and eagerly waiting for an end of day stock to grab onto. I don’t think this drought will stick, since oil is higher and plenty of high risk names are up. If you’re like me, wading thru today with gold, try to avoid looking at each tick. It’s summer, after all. Might I suggest a brief sojourn to the local beach?

After the early morning shakeout, I deemed it necessary to start buying stocks again — and I have with great vigor and tenacity. I booked two gains and one loss, an overnight sojourn. Rules are rules, no exceptions. And now I am long an unnamed tech stock fixing for a $100 roll and another Chinese burrito, in the hopes their government’s corruptness can provide me with wanton profit.

I do not think gold stocks will recover today, but usually they bounce the very next day after a decline.

In short, markets are basing out rather nicely after a morning dip. It’s entirely possible we can enjoy an afternoon melt up and subsequent continuation during tomorrows opening tick.

Well well well, it looks like we have ourselves an olde fashioned market rout. I was fixing for a leg higher and instead got my house bulldozed while I slept. That’s okay and I’m not offended by this liquidation of stocks in the least. It would be like getting angry at the wind for blowing or the clouds for producing rain. Every once in a while, I am wrong about the general direction of stocks — but I’m always man enough to follow the path of least resistance.

Early this morning I sold out of MDLA — which was bought yesterday — for a +9.2% gain, an annualized return of 2,318%. If you wanted to instead annualize it by hours held, the gains are much more than that. And I also sold LK — a stock that I featured here 35% ago. The title of the article is “Here’s a Stock You Never Want to Sell” and I stand by that assessment. But this is my trading account and I do not commingle best ideas with trades. This account is designed to churn hard and fast, without remorse or emotional collapse.

My profit on LK was almost 16%.

Today’s narrative is strong dollar, higher rates, lower gold, higher oil. It sounds like the three rate cuts Wall Street is preparing for might be in jeopardy. Nevertheless, I am not going to sell my precious metal stocks just yet, and may have to endure a day of pain in order to see this through.

I bought a fuckload of stocks today. Nothing in the world can stop me from pursuing my destiny — crowned as the world’s greatest trader who ever lived.

In addition to my new purchases, I also partook in a late take overnight trade gambit from the orient. China is smoking hot and also on fire. I hope, very much so, our beloved leader can forge a new alliance with China and bring forth a new era of fair and equitable trading.

For the day, I boxed faces the fuck off and swung my cat o’ nine tails around like a madman — trying to inflict extreme damage to my enemies. I hope to report back to you tomorrow of great victories and plots and schemes for the days to come.

Indeud.

A little personal note here. I was at the local hospital with my father in law, following up on a serious health matter. In an act of desperation, I chose to eat at the cafeteria, a disgusting place manned by what I assumed were former inmates. I ate what I thought were hush puppies, but were in fact disgusting mushrooms. I ate about 6 of them — because I was famished and soon became gravely ill with an incident of food poisoning. Since I am genetically supreme to you, I did not shit myself or vomit. I simply endured this malady and overcame it within an hour or two.

Since then I sold out of this FUCKING UGAZ position I bought the other day — and took a 12% drubbing for the joy. I also sold out of IPHI for a 0.8% gain and KL for a +5.3% return. I have several stocks already on the books that are extremely profitable and I have a healthy and vivacious hankering for silver — the other shiny metal.

For my end of day pick, I am leaning towards SAAS.