MARKETS BUST LOOSE; I BOUGHT A NEW L$AMBO

I told you it was impossible to stop me. Now I’m up more than 200bps for the day, about to get aggressive. I already knew this shit would happen. I positioned myself for a hedonistic move to the upside, led higher by SAAS. My oil bets are participating too and will continue to do so, because the destiny of winship is mine.

Feeling eager and filled with verve, I stepped in here and about a L$AMBO.

Look at how dumb you all are for being on the sidelines, like losers. Go ahead and sit back, relax, and eat some popped corn and watch Le Fly kill it. You can live vicariously thru me, since you’re not man enough to do it yourselves.

I like to visit the gym late night, when the criminals and the scoundrels are out and about. I’m busy during evenings now because I fashion myself to be a culinary expert now and have taken to the knife with extreme vigor as of late. Most of you man-fags believe grilling a steak and mashing some potatoes is cooking. That’s because you’re uncultured swine, undeserving of my knife. You’re better off eating from a Shake Shack establishment than messing with any good ingredients in the kitchen.

On the issue of stocks, the top performing industry over the past month is Diversified Utilities. That’s like the conservative wing of the most staid industry on the planet. Now if you couple this with the expeditious tightening of the yield curve, due to the Trump trade wars, one starts to believe the market is trying to price in recession for 2019.

If that’s the case, then we must all board the ark, long TLT — because only a few humans and animals are worth saving during the next economic recession. The Fed will implode, circle jerk around old numbers, cease to even contemplate the idea of hiking rates. Globally, bonds will be in vogue again — stockFAGS will be unmercifally beat down and destroyed, festooned across Wall Street with their tongues hanging out of their exhausted faces.

“The Fly” was born for such occasions and will be ready to lead when the time comes.

Meanwhile, off to the gym I go — heavily long and awaiting renewed parlous spirits of gauche hedonism.

My carcass has been tossed into the dog feed pile. My bones disintegrated into dust. But my memories live and very soon I will resurrect (extra Jesus) like the Phoenix bird and grab all of you with my talons and kill you all. I will feast on your guts and carve random symbols into your skulls.

I am going to have my vengeance, in this life time, not the next.

There’s a lot of working theories on how I keep messing up oil trades, stemming from ‘he hasn’t the faintest idea what he’s doing’ to ‘he’s doing it on purpose to make himself look human. The Fly is a fucking programmable master robot in charge of this entire simulation called life.’

Whatever the case may be, rest assured, I am going to preside over higher share prices soon.

Good day.

WTF $PZZA pic.twitter.com/b8wJ9VNxAE

— The_Real_Fly (@The_Real_Fly) July 11, 2018

Voltron unite (ultimate cringe).

I’m long SMAR and IQ again. As a matter of fact, I fucking double sized my IQ position after watching HUYA break legs to the upside. I’ve got some golden aged thinking going on here hardcore. I’m having visions of yesterday, about a month ago, when the stocks were good and the profits were flowing freely.

Dare I say, you can never stop me again? You might’ve tricked me into oil and kicked me down a flight of stairs lined with mustard with that bastard AGMH; but you will not win while I am armed with a very high IQ. This shit is so cringe, I’m having reservations about publishing this blog post. What if my kids read this trash, or some of their friends? Why, they might get bullied in school and then I’d have to go beat up some Dads.

At any rate, the point here is I am panicking now, attempting to catch lightening in a bottle, capture a fading glory that once made me invincible.

NOTE: I also bought RPD.

What did I say yesterday, before you followed me into the oil pits?

“I have no idea what I’m doing in oil and have been wrong in 20 of the past 20 oil related picks.”

That streak continues, in earnest today, as my balls get boxed around with WTI down an astonishing 5% for the day. At this point, what difference does it make?

My losses vary between 3-6% from basis, as I get vacillated in a whirlwind of war, trade war that is. In every war, there are causalities, “collateral damage.” I happen to be one of those statistics, an arm and ledger thrown off a cliff like a beggar.

It’s real fine and dandy to get glib about these sort of setbacks, lunatic market led by a narcissistic chief.

On the other hand, tech stocks are going okay and the downside to the software sector is virtually non-existent. I think I’ll hold all of my cards until tomorrow at least and 20% cash, just in case I feel the urge to get duped into another ruinous oil trade.

Yesterday I was sopping up oil. Today I’m back to getting my SAAS game on. I bought TWOU and SMAR — because I don’t give a fuck.

Sure, markets are in turmoil. Sure, we all have the Dunkirk soundtrack reverberating and blasting throughout our manors, even in the outside speakers; but that shouldn’t stop us from declaring “enough is enough”. Too many people have been hurt. It’s time to set aside our differences as citizens of the world and buy stocks.

It’s the right thing to do, believe me.

Morning Lads,

Ready to get your brains blown out today?

Futures are off by 200, Nasdaq -55. It’s not a big deal, really; quit your bellyaching.

The US 2/10 spread is now just 27bps. Some analysts are predicting inversion by December, which would meld perfectly with the idea that we’re entirely fucked in 2019.

On the issue of Dr. Copper, what’s this move all about? I’ll tell you what it means: China is fucked.

The only way out at this stage in the game is for China to acquiesce and bend the knee of Emperor Trump. If not, their problems will only get worse. Might I add, consumerism in America will have to take a vacay too, at least on the low to mid-end side of things. If Chinese goods ramp up in price, then disheveled work bumbs in America will need to spend their money on other things, like booze and baseball games.

There are all sorts of things at play now, from semis to soy beans. Trade with China has been disrupted and I’m afraid this is the new normal, until someone blinks. We’ve been spoiled with cheap Chinese shit and all of that has been upended now. The halcyon days when a local manufacturer could reduce his costs by 80% is over now, thanks to Trump.

Markets are crashing and you’re drifting oarless into the current with your backs turned. We fixed the logic that prohibited former users gaining access to Exodus. Providing you haven’t trialed or been a member of the platform within the past 6 months, you can start your free trial today for a period of 7 days.

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Here’s another.

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This is one of my favs.

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Outrageously Carefree,

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Last one. If this doesn’t convince you, nothing will.

“Fly, I was so bankrupts after following Cramer’s advice on CNBC, I literally wanted to throw myself into a lit fireplace. I’d stare into the flames, robed with a burlap cloth, thinking ‘I really need to do this.’ Then by happenstance, I stumbled onto one of your tweets about you threatening to kill someone over questioning your cooking skills and I was hooked. I began a free trial and then subscribed and then sold my personal belongings and lived out of a fucking homeless shelter, in order to trade stocks. My thought process was like ‘I was literally going to throw myself into a lit fireplace; how bad could a homeless shelter be?’ After just two months using Exodus, I was able to leave the shelter and buy a small condo in Miami overlooking the ocean.

I owe you my life and would kill for your honor.

Happy and enjoying oceans views,

Oscar from Miami Beach”

Here’s the fag-heavy Bloomberg thread, an active discussion, regarding Trump’s wonderful trade war — tonight enacting over $200 billion in tariffs to the dog-eating nation of China.

There’s a lot of theories about trade deficits and most people on Wall Street think the whole deficit complaint is Main Street bullshit. After all, Apple makes their iPhones in China and we love cheap $1,000 iPhones. I tend not to get bogged down in political thinking, or even nationalistic thinking. I really don’t care. It’s the craziest thing in the world. I know — since I’ve been on the other side of the fence, really caring about thy country. Fuck it — don’t care who wins or loses. None of those fuckers care about me. I’m forced to pay almost $20 at the fucking Staten Islan bridge toll just to get back into NJ. Fuck their trade wars and fuck the victors.

The only thing I care about is how can I profit from it.

By the looks of it, futures off by 200, Nasdaq off by 50, is a lot of horse dung. We already knew this was going to happen, so this is reactionary nonsense. I suppose traders thought it was all a joke. Yeah, it’s all a joke until your pantaloons shit its own pants and costs you $50 at Target.

Buy dips. Make a habit out of it. Trump’s lunacy has a way of creating art out of feces. Somehow, someway, this negative newsflow will morph into another great trade, one filled with brutish rapes and all sorts of tortures for the bears.

My quant fund is 20% cash and my active account is 30%, so I consider myself to be supremely positioned for an opening downtick.

Let the real games begin, starting with wiping out the margin buyers.

I sold SPOT for a 3% gain and ZUO for a 10.5% loss. Over the past few weeks, I’ve taken a bunch of losses, all lines in the sand that had to be drawn in order to minimize losses. Over time, if I continue on this ruinous path, I’d end up in the poorhouse. However, this process is typical of me finding the market in real time, sterilized by losses and trading mishaps. Some are more patient and wait for breakouts; I chase them hoping for more.

When markets revert or churn, this stratagem looks like the very worst idea in the world. But when the momo flows, I look like a fucking God. Managing risk is of extreme importance, the difference between success and failure. I know a lot of great traders, but most of them are shitty risk managers and are unable to deal with losses. They start to see mirages in their charts and, before you know it, their -10% losses are -30%.

When trading high valuation/high growth stocks, you have to be cognizant of the fact that these stocks can trade lower by 50% before bouncing. It’s not a problem.

Until I find out what the market is trying to do, I’ll keep vacillating, so bear with me. Right now I’m heavily leaning towards oil, with a lot of cash. I have one or two tech stocks on my kill list that will need to be culled, should the downside continue. Best case scenario, tech and small caps surge again and I can live happily ever after.

But nothing worthwhile ever came easy, so of course I am preparing for the worst, while trying to anticipate the next leg up in the market.