Fly Sells: $ADMA, $MTCH, $GNFT, $CPG

Bored of watching the same ticker symbols on my screen, I cleaned house on a few names — selling ADMA (-1.7%), MTCH (+2%), GNFT (+9.9%) and CPG (+15.8%).

I’m 45% cash now and looking for something to buy. Is it me — or did the market suddenly get very boring?

Yesterday I penned an obnoxious post about Bitcoin bottoming out, relegating people who didn’t agree to having empty heads without brains. Today I am singing a much different tune — especially since I bought RIOT and GROW towards the end of the yesterday’s session and have owned OSTK for more than a week.

Bitcoin is lower by 5% and many of the prominent cryptos are off by more than 10%, so far.

I’ve done some technical analysis on this move. Enjoy it with my compliments.

It’s important that you understand how ridiculous the crypto space is and how it continues to crush the souls of those who believe in it.

Early going, futures are higher — but oil is lower by more than 1%, which means I’ll lose some money in my fucking oil stocks too.

DEVELOPING…

Nasdaq ran higher today — because the Fed nuked the business cycle. We are now in a post-interventionist unicycle climate, buoyed by whorish dollars and cheap men in expensive suits. I bought ribald stocks today, not because they’re good companies or because people like them — but because they’re going higher.

I have a very keen sense of self- awareness and understand when fortune is about to turn my way. Listen to me now, on Jupiter’s Stone — shit is about to go my way in spades. I am Captain now and no one can stop me.

Stay away from the short side, especially with crude elevated and junk bonds steady.

Class dismissed.

Bitcoin has broken out. I am playing the cockchain again. Try and fucking stop me.

Confused as to what the fuck is going on? The Fed minutes revealed they are, in fact, open to the idea of increasing the borrowing costs of the heavily indebted shit tier country we live in. On that news, rates dropped 2bps to 2.47% on the 10yr. Does that make sense?

The Fed on Wednesday released the minutes from the March 19-20 meeting, where it voted unanimously to not raise its benchmark rate.

Fed minutes stated: “Some participants indicated that if the economy evolved as they currently expected, with economic growth above its longer-run trend rate, they would likely judge it appropriate to raise the target range for the federal funds rate modestly later this year.”

But the minutes also said: “A majority of participants expected that the evolution of the economic outlook and risks to the outlook would likely warrant leaving the target range unchanged for the remainder of the year.”

This is common sense thinking — but the ribald nature of the market has pushed rates even lower — just because. I suppose the path of maximum pain applies here. Market look good and as rates drop — old man stocks look even better.

DOCU is SAFU.

Any questions?

I think it’s fair to say Bitcoin has bottomed. Anyone with a solid head on their shoulders and not some empty container of brains knows it’s true.

Look at it.

While it’s true, people who own crypto-currencies are the laughing stock of the world. Wall Street ruined their party, pissed in their punch, and shit on their lawn. But all bad things end in time and perhaps it’s time for revenge of the nerds — as the digital currency presses higher and increases it’s attractiveness for degenerate gamblers.

Personally, I have a portfolio of shitcoins, but really prefer to play this move via the stock market. OSTK is my preferred method. Keep an eye on it today and tomorrow — for the stock is cheap and all of the weak disabled hands sold out of it yesterday.

Yesterday on a whim I sold out of everything that was down — netting me a 40% cash position. Today the market drifted sloppily lower — without panic of any signs of discord. There was an easy calmness to this drop — a perceivable nothingness to the burger and I did nothing at all, other than watch the contractors working inside my house muck things up and trip over themselves trying to maneuver neatly.

With my cash, I’ll try to reallocate back into the market tomorrow. I can’t complain, really, as nothing of important traded too much lower and all of the signs of a continued rally are still present.

I’m exhausted, had a long day — fuck off.

I’m not at all PC — and often say reviling things to people. But this is just plain stupidity on behalf of the shitheads at Burger King. In what world did they think this would play right?

So this is the new Burger King ad for a “Vietnamese” burger ok coolcoolcoolcoolcool CHOPSTICKS R HILARIOUS right omg etc ?????? pic.twitter.com/zVD8CN04Wc

— ???. Maria. (@mariahmocarey) April 4, 2019

You’d think these mega-brands would learn by now — not to create racist or insensitive ads. Look at what Gucci did back during Black History month — played themselves by promoting an $890 black-knit women’s balaclava — armed with fucking black face.

I know your stocks are down today and you feel like killing yourself — but hold off lad. Wait for better prices. Even though it looks grim out there, President Trump wilding out with more trade wars and such, you should know these parlour tricks are designed to steal your stocks from under you.

I already sold a bunch of shit yesterday and have about 40% cash in my trading account. That’s me winning while losing.

On a personal note, I have contractors in the house today — painting and making a general god damned mess. I intend to sell this money pit soon and head down south to a fine plantation to grow my crops and drink sweet tea on a wide wrapping porch. While down there, I’ll likely open an office and keep it open to the public. However, just know that to enter my office you must be appropriately attired — top hat and dinner jacket — white gloves — and patent leather shoes. Vagabonds will be discarded at the door and possibly punched in the mouth.

I’m also dealing with more tech issues. ‘Tis is my fucking life.

Oh, as for the title of this post and what it means — HYG is flat, which means people aren’t worried about credit — so you should not worry about stock prices.