Let’s be clear, no one is doing it like me. And for the record, I currently have 11 open positions and I am up on 10 of them. So this isn’t a case of merely cherry picking closed trades. I booked another 5 (count ’em) wins this morning — all purchased yesterday. In the case of ROKU, I bought in the AHs last night after earnings. I really don’t give a fuck and it’s my balls that permits me to crush.
My last 36 trades.
JWN +24.6%
WW +16.4%
ALLY +13.7%
STWD +18.5%
H +14%
TREE +10.1%
SQ +7.7%
ZEN +7%
CPB +1.9%
NYMT +33%
MFA +8.3%
MAC +10.8%
CNK +4.4%
SM +4.8%
GCO +5.1%
STWD +1.4%
RWT +25%
PMT +8.6%
MTG +7.8%
CIT +12.5%
CC +11%
ORC +9%
CBRL +8%
HA +8.8%
NUGT +10.4%
FTI +6.6%
(PEI -3.6%)
EGO +3.1%
CEMI +10.6%
PVAC +`14.6%
ROKU +3.1%
BMRA +10%
NGD +16.1%
EXK +9.4%
ENBL +10%
PAA +4.5%
See pal, that’s who I am and you’re nothing.
Regarding my open positions. Most of them are high dividend paying staples, so I have no interest in selling now. The purpose of this blog is to inform you, once again, that no matter how well you think you’re doing right now, “The Fly” is doing better. LOOK AT THE PROOF ABOVE.
Good day. 45% cash, cruising into a +500 melt up.
All trades are given in real time in Exodus.
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Yeah, well, my wife still loves me. I won’t let her see this tho.
I’m 80% cash 5% NUGT 15% S&P puts. I’ve never seen a more reasonable time to be this short.
Reasonable enough. I’ll wait another day or two on the puts.
Wow, look at $PEI. Talk about a real amateur. I was talking to Warren Buffetttttt the other day. I told him about you. He said, “The Fly, booking a loss?! He should know, I’m 0/0 my life in trades. Can’t lose if you never book a loss.” Remember fly: Winners never lose.
Except for all the delta and southwest he sold last week
You have to admit this is masterful game right here. I feel like a pussy for not participating. They have got my giant clam in their fishy clam trap those motherfuckers!
All my friends are texting me early with major FOMO – is there such thing as upwards capitulation?
Chasing this is nuts. There’s a gap fill to SPY 290 a fib at 293.
I’ll get more short at those points.
I’m hearing things like “fuck it, I’m just gonna throw twenty grand into the airlines.”
My friends aren’t traders they seldom ask me about this shit. And of course being a responsible Heckler I’ve also advised against chasing but I’m about to be on the wrong side of this bitch
Preserve capital.
If you aren’t losing in this market you’re winning.
according to the gold chart, bullion is the cure for coronavirus. the trend in gold is too strong to dump the shiny stuff to jump into FAS. is this a bull trap? is the country seriously run by skull and bones satanist bankers who are permanently levered long 100X on XLF calls that are guaranteed by taxpayers?
or have i turned into a soft ass bitch?
So if I am getting this straight, Wallstreet is forecasting the worst recession since the Great Depression – horrendous, 30% declines in GDP followed by year(s) long depressed GDP of 5-10% – interspersed with intermittent shut downs to contain the virus as it pops back up again, lasting possibly years, and also that our equity markets will hit new all time highs as everyone decides to continue paying record prices for the privilege of owning steadily lower profit margins just like has never happened before in recorded history.
Is everyone fucking retarded all of a sudden?
Yes, the Fed will print its way out of this depression… until the Election and then we’re all screwed.
we’re all screwed UNLESS teflon don can cancel elections and save america/capitalism
obviously you forget to rail your fat line of AMERICA this morning
Are all the bears dead yet?
Quite sure the smarter ones went neutral at least a week ago.
Lots of good news reported over the past 24 hours: states and Trump in competition to open up; covid cases lower than expected; death rate lower than feared; possible over-reporting of covid deaths due to fact that hospitals make more money from Medicare by reporting covid as opposed to plan old respiratory stress; warm weather; yeah.
Starting some shorts here: AVGO, DHI, ETFC, LEN, INVH
Cases for the bottom being in:
Gold to silver ratio is closing
Dollar weakness (DXY)
Volatility way down (VIX)
Cases against a bottom being in:
US Treasuries not really selling off
Oil
P/E ratios near highs into earnings recession
Where’s numbers and his two retard followers? Did they all suicide themselves?
Are you still dodging the bet?
https://ibankcoin.com/flyblog/2020/04/04/do-you-feel-in-charge/
My offer is still valid.
I’m still here, but really what more is there to say?
I may as well be trying to convince someone that Hannity and Maddow are biased: you either already know that by now or refuse to live outside your (information or stock) bubble.
Not implying false equivalency but worth pointing out the drastically different kinds of biases of the two names you juxtaposed.
One is a biased dim bulb, while the other is a brighter, but soul-less, propagandist. Both serve junk food to fools.
Bright… Not the right adjective for people who read from a prompter in front of a camera nightly.
Granted political science is a bullshit major, a doctorate from Oxford still requires a bit of intellect to obtain.
Schlong Hannity’s education is much more Palinesque.
Tech has recovered much of their losses. Will be interesting to see how airlines, cruises, etc. react from here.
Crude is still drifting lower. That’s helpful to the airlines if they manage to hedge.
About the cruises. No, thanks.
soo… much… $$$$
sold all my chip stocks and bought oil for the win in 2024. taking the 69 vette out of the garage today for a spin too. I’m going to drive from gas station to gas station at 120 mph.
I decided that Natural Gas was a bargain in 2009…
Im balls deep short right here. If the Gov’t is just gonna throw money at the market why would the banks let it happen here. Bring the whole fricken house down and then let them buy it up. I mean free money. I’m not saying back to 2008 levels but at least retest the lows for nice entry, push the Fed to add another stimulus of free shit and we all rich.
And before you speak narcist, i know wordy
Hey, thanks for keeping me on your mind buddy. Good luck with the shorts. 🙂
I cut back on puts today while adding calls, then opposite later. All puts but not too heavy.