Nice Fish, Let’s Get More

I just sold PDD for a 12.5% gainer. Having held it for about a week, I felt it was time to harvest. My life is hard and my hands are grizzled from all of this malevolent work. Let me remind you once again, trading stocks for a living is the hardest job in America. Often times people ridicule us for having it easy, but truth be told — our jobs deserve more respect!

There are a fuck tonne of breakouts today. I am about to spill over into about 3 or 4 new names and would really appreciate it if the market would refrain from chopping it up today.

It has been busy busy times at House Fly and the blogging has been irregular. Getting situated down here has been a hassle. Naturally, Mrs. Fly had to donate nearly all of our own furniture and replace it with brand new stuff — just to keep up with the times and an another flaccid attempt at ruining me. I can keep this game up for a loooong loooong time, providing my fucking trades keep working.

Story of the day of course is TSLA, driving fucking nails into the feet and hands of shorts. Do not lament over your losses TSLAQ FAGS. Instead, acknowledge this is not the time to bet against Elon and move on. For the love of Christ, move on.

There’s no use trying to time the intra-data machinations of the market. You’d be wise to leave it to professionals, such as myself.

Observe my trades since yesterday.

STMP +19%
ARWR +6.4%
GME +5.1%
TROV +9.9%
TROV +9.9%
MNK +7.8%
BBBY +9.3%
(MLNT -10%)
CARB +2.7%

I got fucked on that MLNT on an intra-day ‘fuck you, you’re dead’ reversal. It’s important to note and understand that no matter how much you study, how hard you try, you will never be as good as Dr. Fly.

It’s real hard out there, being a trader, trying to read the tea leaves and sense which direction the winds are blowing. Believe me, I feel your plight. We were down, then up, and now back down again. How does someone, such as yourself, low IQ and also poorly equipped to compete, deal with these pangs.

CUT LOSSES QUICKLY. STOP THINKING YOU’RE SPECIAL.

I have three stocks I just bought today all knifing lower on me. Part of me wants to hold them — because I am “The Fly” and I cannot be wrong. XYZ was purchased at the price of my choosing and since my IQ is 155, I cannot be wrong. This sort of harebrained thinking is exactly what drives people into the poorhouse and beyond — homeless man walking the streets degenerately with tin cup in tow.

Listen to me now. Take it easy and quit trying to capture every move. Trade with honor and poise and you’ll be ok. Or, you can just eat my fish inside Exodus. Sometimes I serve bad fish and you might get food poisoning, soil yourself and violently vomit. But on the all, you’ll be ok.

My last 12 trades.

TJX +2.4%
SGEN +17%
(PIR -15%)
NAV +8.9%
(NET -13.5%)
STMP +19%
ARWR +6.4%
GME +5.1%
TROV +9.9%
TROV +9.9%
MNK +7.8%
BBBY +9.3%

See pal, that’s who I am. I haven’t closed out those bad trades on my ledger yet, so do not think for a second that I am some sort of super human sage. Like you, I am fallible and bald, and at times I get frustrated. But where I differ from the lot of you is in my resiliency. I am able to pick myself up and throw giant spears into the heads of my enemies, especially when said enemies believe me to be mortally wounded.

I am digressing.

We’re in a weird zone for stocks, best to have some cash and patience. I do not like gold yet and I really want to like stocks — but they’re behaving poorly. Let’s wait and see.

This is typical, isn’t it? Markets looked wayward and decided “nah” and instead melted the fuck higher. Is there rhyme of reason to this sudden eruption of prices? YES! As a matter of fact, growth stocks were terribly oversold, especially SAAS, and we got to the point where negativity got so extreme it became bullish.

Why does this happen?

Humans are cynical assholes. When they see the herd leaning one way, the people with brains like to go the other, contrarians.

I missed a really big trade today — because I was out. I will make up for it today and already took 3 new stocks onto the olde ledger.

“Fly, why not feed us here your fish?”

Because the 12 year free trial for access to my calculator brain is ostensibly over. By giving you picks, I’ve made you lazy and ungrateful. By forcing you to pay for Exodus, I am elevating your game and making you take this craft more seriously. See, I am a generous man and always look out for the best interests of my readers.

It’s over for you software nerds. The era of the cloud had ended, bringing forth a new era of gothic disobedience to technology and reintroduction of the horse and carriage.

NOW spiraled lower in the after hours, bringing pain to the entire sector. Bear in mind, this is an industry that was pistol hot for a decade, only interrupted 3 times with routs of 20% or more since 2013 — and now we’re on the verge of -30% in some key names the past 3 months.

In Exodus we have a predictive oscillator that measures the pain in this trade and we’re almost at a level where it’s interesting. It’s easy to give up on an idea when it sports a Freddy Krueger or Nixon mask. This is when the men are made and the transgenders cast away on some sordid chemical castration sojourn.

Two things to watch tomorrow.

Pin action in NOW, CRWD, ZS, ZEN and HUBS.

Also, take a close view of bonds yields. Should yields sink again, you’re gonna want to buy gold.

On the long side, I have been buying an array of biotechs, caught a massive runner in the past hour of trade today with BNTX — long from $18.20, currently trading above $21.

This is what I do lads, day in and day out. Do not ask me how I find said fish, simply sit back and enjoy them.

“Seasonality is a gimmick.”

(smacked in the fucking mouth with an odd occurrence)

Seasonal trends for gold sector

Over the past two weeks gold stocks are down 5%. This plays very closely to the seasonal trends in gold, with the month of October being, by far, the worst month of the year for the insect metal. I’m not buying gold here, but will be tempted soon.

I recently has a period of disturbance aboard the SS Pelican. All of that is at an end now. I just booked a double sized position day trade win with TROV. My original purchase landed me in the red almost immediately, so I re-doubled my efforts and used by balls and voila — here I am a victorious man.

I just sold for a 9.9% gain.

Here are my last 10 trades.

TJX +2.4%
SGEN +17%
(PIR -15%)
NAV +8.9%
(NET -13.5%)
STMP +19%
ARWR +6.4%
GME +5.1%
TROV +9.9%
TROV +9.9%

Clearly, I’m no longer fucking around and mean business. I might cast another line into the ocean and take an overnight fish, or maybe not. Depends on the mood.

Off to do something incredibly leisurely.

This is my day, so far.

STMP +19%
ARWR +6.4%
GME +5.1%

Now yours?

See pal, that’s who I am and you’re nothing.

SAAS stocks are still getting their dicks chopped off. The faces of bulls are getting pressed into wood chippers. You cannot simply run out there and buy anything. You’ve got to be more selective. Come on people. Have I taught you anything the past 13 years blogging?

Of course not.

Key tell: CRWD

Let’s digress.

We Work attempts to come public at $47 billion. Corrupt investment banks tell them to fuck off, probably because their in house counsel warned them about some obvious fraud of scam. We Work keeps fishing for suckers in their IPO dreams, only to be cast aside as fucking idiots morons. Valuation plummets from $47 billion to under $10 billion in less than a month, revealing what the in house counsel at JP Morgan knew all along.

Softbank freaks out because We Work needed to IPO in order to keep the shell game going. They have two options: fire thousands of workers and let We Work go bust, or bail them out in the hopes of righting the ship and an eventual IPO.

They chose the latter.

As part of the $8 billion deal to take control of We Work, Founder and CEO Adam Neumann will get bought out for $1.7b and sever ties with the company.

You’ve got to love capitalism, rewarding failure with billions.

Part of the charm of Exodus is that I do not require anyone to know anything about stocks. Unlike other gurus who placate the mobs with idle promises of education and wealth, Le Fly only asks that you know how yo eat. Knowing that trading well is just as a genetic trait as running very fast, Le Fly does not give false pretenses and needless hope to an otherwise slow set. On the high seas in a pirate vessel outfitted for whale hunting, Le Fly brings his members back the freshest of fish and shoves it right into their mouths on a daily basis — to provide sustenance to a hungry hungry crowd.

I give you STAMP, +30% in the pre-market — today’s FRESH FISH on the pirate vessel S.S. Pelican.

If I’m only as good as my last trade, how am I doing now?