iBankCoin

You Cannot Keep A Bull Market Down

I’ve been busy cooking s gourmet meal the past two hours and I had a brief opportunity to glance at markets and was delighted to see that it had bounced. I wasn’t particularly worried about its fate, knowing full well that all dips are bought and all upwards movements are piled into. My only reticence is my schedule, which is chaotic with personal issues and of course success. After spates of wanton success, I tend to become a contrarian fucktard — barreling into inverse ETFs and making a fool out of myself.

Nowadays, I simply reserve cash and trade in cannabis plays, hoping for degeneracy to grip investor psyche. It’s all sport, really. The game of winning and being right is the primary mover for me, not the money. I have enough money to sustain my lifestyle for the next 10,000 years. My goal here, and now, is to spread my brand of propaganda and teach people, as best I can, using the experience I’ve attained over two decades of money management — to cajole people into FIRING THEIR FUCKING STOCKBROKERS.

I know you asshats think you’re financial advisors or planners — but you’re just stockbrokers — so fuck off.

Have a good weekend gents and be sure to take an Exodus trial, or if you’re looking for a quick fix — visit our public assistance site FreeStockAlgos.com for our stock grading system.

Next week we’ll be back at it — killing bears for sport.

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Friday Shuffling

On my way out — I sold ENDP for a 7% loss and bought SPOT and SONO — because I like music, even though I don’t dance. I once took formal dancing lessons — learning the waltz and several other jazz steps — which was both cringe and humiliating at the same time. I suppose I could hold my own in a ballroom floor, but would most likely be ashamed of anything I might do on an actual dance floor.

Any of you danceFAGS actively embarrass family members by ‘tearing up’ the dance floor?

At any rate, my cash is still ~35% and I’m still long K and CLX. I will sell them next week and barrel back into some SAAS stocks — which are all very strong, and rich, and thin. Have a look at HUBS and behold it’s grandeur.

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Fly Buy: $AYX

I’m almost ready to sell my olde man stocks and once again fully embrace the grandeur of the tech led stock market. Being that it is a Friday and anything could happen over the weekend, I will refrain.

However, I did take a portion of my cash to buy more AYX — which is now a double sized position.

Happy Friday — enjoy the bounce.

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OLD MAN STOCKS FTW

While many of you were getting your brains punched in, long tech, Le Fly was preserving his money in K and CLX, and pot soda play NBEV — amongst others. I gained almost 100bps today, in a market marred with discord. In the after hours, several SAAS plays CRUSHED estimates, which should lend to the perversion in the AM.

I happen to believe we’re not done going lower. One could only sustain oneself on pot stocks for so long. It won’t be long until we fall apart at the seams and this glass house built atop of a charade will collapse, taking with it all of the indecorous catamites who’ve been dutifully serving this market for the better part of the past two years.

With Trump going out due to mentally instability, so will the stock market.

Who remembers how miserable the very evil Obama market was the past two years of his administration? It was equal to living in the Great Depression, if not worse. With Pence as President and Trump’s anti-fuckery policies gone, I suspect we’ll return to a very staid 1% GDP growth, ravaging and raping markets with sheer contempt.

Gains were found and enjoyed in GIS, HAIN, and KR today. I suspect this trend will continue and expand in the days and weeks to come.

Raise cash or die.

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***MEGA RARE OPEN THREAD***

I don’t take days off. I even work while on vacation. However, due to exogenous circumstances, I will be away from the desk today and will not have access to a computer, aside from the occasional phone check in. In other words, no fucking blogs today — but maybe a comment or two here and definitely some comments inside The Pelican Room in Exodus.

Feel free to shit inside the comments section here, making blog requests, or asking general questions about investing — sentences designed to find out how Le Fly does it and what makes him the world’s best trader (cue position and portfolio implosion now).

Some topics for discussion.

What will be the hottest gimmick sector over the next 6 months?

AI

Sex Dolls

Cannabis

Blockchain

SAAS

Biotech

Something Else

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Dice Roll: CANNABIS SODA POP FTW: $NBEV

This is crypto mania all over again, only with this shit — you get high.

Check this out.

Little piece of shit company NBEV is working on a fucking pot drink for their Marley Beverage line, which they purchased several years ago.

How fucking high is this stock gonna go?

Literally just getting started here. Thank me later.

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Tech is in the Retard Zone — Getting Into Old Woman Stocks

Listen to me. AG Sessions might start crucifying tech titans in order to distract people from the fact that Trump called him retarded, old dumb southern dumb.

This just out.

“We listened to today’s Senate Select Committee on Intelligence hearing on Foreign Influence Operations’ Use of Social Media Platforms closely. The Attorney General has convened a meeting with a number of state attorneys general this month to discuss a growing concern that these companies may be hurting competition and intentionally stifling the free exchange of ideas on their platforms.“

While I believe this will have ZERO effect on the sales teams at my favorite SAAS plays, I do think the optics for tech is bad now and the action horrendous.

With the 65% cash I have burning a hole in my pocket, I put some of it to work here, buying CLF, K, and CLX.

Both K and CLX are old women stocks, feeding the kids and washing the bathroom floors.

The other is a coal play, a man play.

Any questions?

Cash has been drawn down to 50%, awfully conservative and definitely scared. However, truth be told, I am in the midst of a family emergency and have had little to no time to watch markets. While I can do this shit with my eyes closed and without even reading news, I am not feeling the current vibes and rather wait to see how the next few days unfolds — before making a serious stand.

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