Don’t be Tricked into Traps

It goes without saying, the new rich aka arriviste are more despised than any class of person in America, specifically because to have money and not be “high born” is more or less an anathema to those with winning genetic lottery tickets. You have to understand the psychology and try to empathize with their plight.

These people always had an abundance of things, sent to the best schools, provided the best advice by well meaning and educated parents. They were bred to lead and succeed, and rightly so. Their parents have provided them with love and care and a high IQ, and never once had they played “Step on the Waterbug” inside the sewers of Brooklyn as small boys.

So when they see you, a low born pleb, exceeds their levels of success and dominate a field they could only dream of — a natural hatred develops and they want to dislodge you in whatever way possible. In a sense, this is humanity 101 and this game between classes has played out for thousands of years.

In the past your name determined who you were by the prestige it possessed — established by your forefathers by military rank or business wealth. Today, thankfully, the playing field is a little flatter and if you work really hard and smart — you too can live your best life. With discipline and avoidance of vice, any many in America today, regardless of your color, can achieve greatness.

Three things destroy men.

1. Bad women
2. Booze
3. Greed

Booze and drugs are the hardest one’s since it’s part of the American culture to indulge and when things go badly — lots of men turn to booze to satiate their angst. Speaking from the heart here, I can tell you that I’ve often become depressed and “walked the black dog” — but made it a point to never dull those senses with the assistance of alcohol or drugs — because they’re crutches and before you know it you won’t be able to walk without them.

My market advice isn’t needed today. You know where stocks are going.

My advantage over most people trading is my passion for stocks. On my own time, I study it and really enjoy trading. If I had no money at all, I’d still follow it and pick ideas that could make me money. I do not trade out of necessity and would do it for free.

I built the tools for Stocklabs, not to profit by luring people into the service — but to help me trade better. The tools are custom designed for me and hopefully people who use them can find how it can help them.

Current account status

What is my trading ethos?

Only accept what you see and do not pretend there is a conspiracy afoot and fall into traps. This is especially important for someone like me, as I am naturally inclined to hate governments and believe in all types of bullshit. In my natural state I would always short stocks. But there is also a side of me who truly loves humanity and the innovation from which it produces great and wonderful things. The proper mindset is to never relax and always be on the lookout for COLLAPSE — but to chase innovation, momentum, and be a good sport about losses.

I like to say “it’s over for me” when losing — because it helps motivate me to prove that statement wrong. If I do not have an enemy to fight, I make up some — sometimes I am my own enemy.

The single most important thing to accept when trading is the losses aren’t personal. The stock didn’t drop because you bought it. You are not a fading factor. If it feeeeels that way, you’re simply out of sync and need to change it up.

How?

This is the easiest thing to do. Buy stocks near or at 52 week highs and expand upon that by buying stocks within 1% of session highs, with strong technicals. After you’ve enjoyed some success — keep it by taking profits quickly and hedging with inverse ETFs if and when markets begin to look sour. If markets move higher and the thesis for your hedge is negated, close them out.

You have to hold yourself accountable and never fall into dreams of becoming rich fast. To dream is folly and this train of thought will cause you to make errors. Position sizes should be no bigger than 5% and losses should never exceed 10%. Most of my losses are 1-4% — because I prefer to day trade and use volatility to my advantage — scalping dozens of 1-4% gains to the upside in a never-ending gambit to achieve high returns by being right more often than being wrong.

Some people might say the CPI is rigged and how shit is still expensive so you can fuck off with that less than expected CPI number. But I believe it — and want to believe it. Why would the government lie? After all, they have a sworn duty to the people of this country and if they weren’t interested in the people of this country — who are they working for?

Don’t be silly. The American governmental machine might be filled with cromagnon blood suckers but they’d never rig a CPI number in order to boost stock prices.

America is back and you’re just gonna have to deal with it.

I had a 10% UVIX hedge and had to close it out. After a bit of a pull back in one of my piece of shit stocks, today’s gains stand at +0.82%.

We are going up, not because Joe Biden is a great President — but because this is the least form of resistance up against trillions of dollars hungry for MOAR.

We have a CPI number coming in hot tomorrow. I have two scenarios in mind.

1. HOT AS FUCK — markets bust loose to the downside — sending Wall Street into the pits of hell.

2. Benign and Biden tweets some dumb shit like “THIS IS BIDENOMICS” as he shits himself.

Scenario one leads to a total dislocation of markets and soaring rates. Volatility will spike and those leveraged long will wish their mothers had gotten abortions all those years ago.

#2 leads to a small uptick, collapse, and then recovery of stocks back to hitting doubles off the wall.

Because I was HEAVILY LEVERAGED LONG and commodities are up over the past month, I took a gambit with 10% long UVIX to stem any losses that might result in a broken elevator tape.

Understand something, I am a professional.

Fly’s trading account, aka “Recourd Highs”

My longs are varied, but the overall theme is risky as fuck. I want to apply this risk as I am afforded to do so. I have some core ideas and strong convictions; but my strongest conviction is to trust what I see when I see it and to take profits quickly.

GOOD DAY.

I am talking trailer trash stocks, the worst of them. Chinese burritos, EV, EVTOL, solar, Alt energy — the worst. We might even get involved with 3-d printing again and autonomous technology and LIDAR and perhaps soiree in a myriad of Bitcoin miners.

Take for example MARA.

At the BTC peak the company stock price rose to $75. But now their hash rate is significantly higher and they’re producing more than double the amount of BTC per mo. Let’s say for example BTC went back to $69,000 — there is a better than average chance the stock price will enjoy a premium level of $125+ under those bullish conditions.

We have a window of opportunity here to enjoy gains in HOOD, MARA, UBER, UAA and many others. Do not squander it because your feeeeelings state otherwise.

There are two wars taking place in Ukraine — one kinetic which NATO is losing and the other is monetary — which NATO is winning.

The Russian Ruble is down 50% over the past year, after initially rising post invasion. The perception was Russia could withstand the ensemble against them and prosper in the war. Since then, we’ve had a FROZEN CONFLICT. A frozen conflict is winnable for Russia if they’re willing to suffer. The west is more than happy to spend Ukrainian troops to achieve their goals — which is to subjugate Russia in order to warn China. The fact that so many former Russian vassals have sided with the west is evidence of them (Russia) failing to achieve diplomatic benchmarks. This is all very bullish for NATO fags.

I do believe markets are rising because they view the war as contained and beneficial for western nations, as morbid as that might be. To be clear, these people are monsters and they’ve proven this over and over again — especially during the COVID lockdowns and forced vaccinations. These are people who hate you, work to divide you, and now want you to support their geopolitical gambits because they have a biblical feud with Moscow.

I am sorry, but fuck off. I will never support the GLOBOHOMO.

NEVERTHELESS, this is the reason why the Ruble is down and the market is up and it’s important to accept the rationale of markets in order to profit from it.

Russia simply is up against a billion people who might not have a great army but have great resources and when pooled together can make a long term war extremely expensive for them. The biggest loser in all of this, naturally, is Ukraine. As an occupying power, Zelensky has chosen to sacrifice his people for power and the dream of becoming an American vassal. I cannot envision any scenario where this leads to peace for Ukraine. Even if the war ended today, Russia would have a blood feud against them for hundreds of years.

Bottom line: We are in bull mode and as long as status quo continues — markets should continue to move higher.

Per Stocklabs, here are the technically strongest stocks by sector. Note to you: stop trying to find the next one to go and start focusing on what is working now — you god damned morons.

Basic Materials

Consumer Goods

Financials

Healthcare

Industrials

Services

Tech

Utes

SIRS (this is a gentleman’s blog, women should see their way out unless chaperoned by their husbands)

I made 41bps today in very listless uninspired trading. I kept busy with other things today and it’s important for you to understand that I am not a trading ape. You can’t just wind me up, send me out, and say “go trade for me”. Go fuck yourself.

I traded at my leisure, sold many good winners too early, and positioned towards the end of the day with an ALL LONG bias with emphasis on crypto miners and some biotech.

Today on Twitter Elon Musk challenged Mark Zuckerberg to a literal dick measuring contest. Now I really like Elon for what he’s done for Twitter, getting rid of the woke FUCKSTERS. But this saga with Zuck regarding cage fights and now cock contests is entirely dysgenic. This is the movie Idiocracy playing out in real time.

On Friday I warned the world the market might’ve topped. It did not. I am now revising my doom cast until the next big down day — which I will predictably come on here and remind you of all the horrible things happening and posit the idea that stocks could fall a great deal.

This is what I have to tell you now.

You’d be a FOOL to not own JOBY, ACHR, HOOD, BTC and AI stocks. I tell this to you now because it is my book and when it pertains to my book — I’d like it to do well. My book does very well when I buy it first and then other people follow in later and then I get to sell my book and boast about my gains.

Good day.

Who am I to argue with price action? It’s true, I am a PERMANENT BEAR. There is nothing that can change that until I die. However, I find myself constantly living in a world where nothing makes sense, forcing me to conform. Do not mistake that for me now becoming a tranny or perhaps sticking a Ukrainian flag outside my garage. I speak only in terms of the stock market and me taking advantageous of pricing.

Sure, I love a nice bull run. It makes me money and with that money I get to do stuff with it. But it would be so much better to see it all burn down, no?

Today I entered the session heavily short but quickly realized this was a retarded course of action, so now I am very long and making money again.

NEVERTHELESS, the bond market is unchanged and its only matter of time until people start freaking out about that, at least I hope so.

There’s no point in ranting about geopolitical stuff here since nothing seems to stick and the people who are worried about the dollar losing dominance or Russia threatening US security are just retarded. I am never scared or worried or feeeeeel tension about anything happening. I do not care if we enter into nuclear meltdown mode or the government declares war on its people or anything. I understand censorship and the fact that I am considered to be a revenue source for the nation I reside in. I am here for maybe another 20-40 years before I fuck off and don’t have time to live in fear and cannot understand anyone who does.

I used to have extreme passion about many things. When I’d drive to different states I’d get excited about the type of music on the radio and the people who lived in the state, as if I was on a foreign planet. I’d obsess over writers, artists, classical composers, Wall Street legends, Robber Barons, movies etc. You name it. I was once upon a time on a quest for what I felt was “the truth”. I wanted to understand how the world worked, who pulled the strings and why. Eventually that passion faded and was replaced with a calm repose, since information about things offers confidence in movement and the realization of one’s role here.

I am an instrument of warfare in the market. No matter what the circumstance is and how difficult the environ might be, I will always be able to effectively navigate markets and make money. That is my role here and I am comfortable in knowing my limitations in other areas of life.

Mid-day I was reading 10-qs for fiber optic companies — fully believing the “advent of AI” had created an insatiable need for enterprise level upgrades on the server and fiber side. The expansion of the fiber grid into last mile projects to rural destinations continues, unabated, and the resiliency of many old time favorites in the space — harkening back to a time long ago when George Gilder was all the rage, intrigued me.

I positioned into EXTR, CIEN, JNPR, AAOI and others. I was excited to partake in this brand new area of tech, adding onto my fervor for AI, EV, and evTOL.

Then the waterfall happened and I quickly discarded my grandiose visions of popping champagne corks into the faces of my friends — as we enjoyed outsized gains and generally felt as if our IQs were in excess of 200.

My profession demands that I react to the market and not hold onto dreams. Dreams are for morons and people unable to manifest their perfect world through sheer will of force. Because of this, I hedged 25% via an array of BEARISH AF ETFs and closed the session +81bps.

For Monday, and I regret to tell you this because you’re so optimistic, I fully expect to see the resumption of the end of western finance as we know it.