There will be a retest, as the retest the lowFAGS make their rounds around Wall Street, whispering their FUCKING BULLSHIT into the ears of anyone who’d listen.
“We have to retest the lows, right? It’s the right thing to do.”
“But why?”
“For the technicals to truly bottom. You know, the market has never bottomed without first retesting the lows.”
“Oh, ok.”
I see most of you are unfamiliar with the fair value aspect to Nasdaq futures. Go fuck yourselves. We’re about to lift higher again and you really should fuck off.
I’m a little salty this morning because I got caught in a secondary, long YGYI. These are the gambles we take when buying absolute piece of shit stocks.
Canada legalized pot; fade cannabis stocks. Buy the dips when the sellers and the speculators exhaust themselves.
I will show you exactly what gave me the utmost confidence to remain cautiously long during the recent bear run lower. I know a lot of people thought we’d bounce and there were 100 different indicators pointing to a rally just around the bend, but hardly any of those signals are repeatable.
These are.
Aside from the oversold signal, we also measure the percent of large caps ranked bullish. This number came in at an astounding 1.7% last week, which proved to be the absolute bottom. Last time we endured such bearishness was during the European financial crisis.
Our Hybrid Oscillators measure stress points for every sector. This is the predictive element of Exodus on a chart. Here is the SASS sector, at extreme lows. If you zoom out further, the last time it was this oversold was during the massive rout in 2014, which proved to be an once in a lifetime low for many stocks in the group.
The QQQ flagged a rare oversold last Thursday, also at the low point in the market.
SAAS stocks today, +6%.
Is this magic or guru level mathematical algorithms? Yes and no. There are some models that make up the algorithms that make it unique. No two algos are the same, after all. But, at the essence of what I’m trying to accomplish here is simply measure the stress points of the market and then see how traders respond to them. Certain levels are proven to be predictable, because, inherently, humans are predictable. We repeat the same processes and follow systems, in an orderly manner. You just need to pay attention to the patterns and then act upon them with confidence.
I’m not special or a guru — I’m just experienced enough to know not to believe the FUCKING HORSESHIT. No, the market wasn’t going to crash and if it was — you’d fall prey to a truly rare event. If that happened, you should be proud to wear that badge of zeal on your chest forever. This was simply a matter of people adjusting to expectations, parsing through news, shaking out speculators, and finally climbing the wall of worry.
Here we are higher by more than 500. I played it well, mostly cash for a long period of time, then hid out in cannabis stocks, sold those stocks this morning, switched to SAAS, and now winning.
Big.fucking.deal.
Don’t join Exodus because of what happened here this week. It won’t be long before my recent wins become a faint memory and you’re wondering again if Fly lost his touch, his skill to trade — washed up and finished.
For a year and change, like a fucking retard, I blogged, antagonistically, about politics — a narrative that didn’t fit the view of others. Some of you haven’t forgiven me for it and have avoided me whenever possible. I don’t care about that either. As a matter of fact, the list of things that I do care about is shrinking on a daily basis. The market is wonderful and it gives me happiness to figure it out and profit from it. Everything else associated with the news flow is rancid and I cannot be a part of having a voice in our current events. No fucking interest.
I’ve been blogging on this site since 2007. I’ve had great runs and really bad runs; but I’m always honest and forthright in my experiences. You should know, I’ve never been better. I think it’s because I’ve moderated my temperament in recent years, especially during 2018. I’ve learned a lot about how things work and how people are, and have found a calm normality in my place in all this. I am a god damned stock market magician — slayer of the Bearshitter, blogger extraordinaire, master of iBankCoin — population 3.
I was having a hard time buying new stocks. All of the charts look the same and it felt redundant to take on new responsibilities, especially with charts looking so dreary.
Then I got to thinking, “what the fuck am I scare for? I’m the motherfucking Fly, a financial super hero — the backbone of a generation — taking to these internets with energy and vigor for more than a decade. Everything I touch turns to gold; and I have been blessed with a keen sense of direction, bestowed upon me.” So I went all in.
Hear me now. I doubled up in the follow names and have gone “all in”, as markets crash higher — zeroing out Zerohedge and making a mockery of the bears who felt now was the time to get involved.
SSTI
OKTA
NEWR
MDB
DOCU
And I started a new position in Chinese IPO QTT.
Cash levels have been reduced to just 5%. Ask me if I care — because I really don’t.
“Boats crashing against the current, oarless, absolved by the fate of destiny, carried forth by the winds of the Gods.”
Don’t you know weed isn’t good for you? Ahead of the Canadian vote to legalize crack, I booked profits in NBEV (+21%), TLRY (+19%) and CGC (+11%). With NBEV, that was a double sized position, or 10% of my portfolio.
I am still holding YGYI and NEPT.
Separately, I bought MDB. It looks like it might fashion a cage break out soon.
If you’re standing in the way of progress, you will be taken down. There is nothing that can stop the market from heading higher now, not you, or your stupid fucking friends, not even the Chinese. The time for cheap talk and half measures is over. We’ve been oversold now for 8 consecutive days and I’ve had enough. We are going to drag the bulls by their hair, pull them into the city square, and someone else is going to then take them and cut their dicks off (no homo).
I’ll have you know, the weed stocks are running again. Did you get involved? That’s too bad.
I cannot wait for my SAAS stocks to springboard, the fuck, higher. I am going to deploy all of my cash to this effervescent bull run. I cannot wait to scare the children this Hallow’s Eve with my XIV carved pumpkins and margin call notices in their baskets.
There is nothing more for you to know other than the fact that stocks are set to scream higher. Follow me and all will be good, profitable, and on par with all formal conduct adhering to the traditions of decorum.
I’m exhausted and can’t even think straight, let along cobble together a nicely written blog post for you God damned ingrates.
Thought exercise.
Everyone keeps citing Chinese declining Yuan as proof that the Chinese are partaking in chicanery. Truth is, the drop is likely the result of capital flight, by well heeled Chinese getting the fuck out of the country. Being that 75% of BTC is mined in China (I read that shit online), one has to imagine the underpinnings for BTC to be cock-strong in the face of all that flight.
Recently, cryptos have been behaving well. If you continue to see BTC and others breakout, you will have confirmation that money is being transferred out via cryptos. Hence, you want to get long cryptos and its proxies in the stock market.
BTC has done shit
I am talking OSTK, SIEB, RIOT and others. I’ll get into it tomorrow.
So America is sledding rapidly towards perdition, with budget deficits swelling and an aging demographic that is bound to catch up with us and ruin an otherwise fine country filled with occult loving edge lords. There are so many better things to do than worry about budget deficits or the solvency of this slovenly nation. Truth be told, too many of you place energy into this narrative. No matter what you say, nothing will ever change. Generations have come and gone, and still, everything remains as it was before. From the robber barons to the silicon valley FUCKHEADS, back around to the lug nuts in Texas, always know and understand that this is a game you’re not capable of playing.
With that being said, we can disassociate ourselves from their sandbox and simply shadow them and steal all of their money when they’re not looking. I was gifted a unique gift, the ability to detect things quickly, able to read a room, able to pick a fucking stock.
Listen to me now. The cannabis trade isn’t done. This shit is about to head into hyper-drive again, with speed demon dick choppers working at a furious and angry pace, cleaving men from their private parts and discarding them to the side like slabs of pig fat.
I am long NBEV in size, TLRY, NEPT, CGC, and YGYI for the fuck of it. You can try to stop me, but you’ll fail. The stock Gods are nothing compared to the powers vested in me thru the grande lodge of iBankCoin.
I know they’re the vampire squid, very evil, and black, and also greedy — but permit a DJ to preside over America’s leading investment bank? I know, DJ Sol is more than just an EDMFAG; he’s well versed in finance and knows his shit.
So why the fuck is he out there sullying the good name of Goldman with shit like this?
Perhaps this is all part of a greater Machiavellian scheme, to bestow upon America an ordinary lad who enjoy to mix EDM songs for plebs on the weekend. I realize there are limitations to understand the schemes of America’s grand lodges in the short term, as they play a very long, generational game. But fuck DJ Sol and the entire GS board for inserting this into the timeline. I cannot believe I was forced to write about it.
I bought some YGYI after a 1,000% run higher — because of the MUH chart. This is another cannabis craze, starring deranged traders in search of fortune. I, for now, remain amongst the sheep, gnawing and braying, eating all of the sweet grass and running in the fields away from the animals with sharper hooves.
I’ll probably get REKT in this fucking thing. Then again, I really don’t give a fuck.
