I took some money and multiplied it. This is my haul from yesterday.
RRGB +18.6%
BLMN +15%
HA +15.6%
SIG +14.1%
KIM +7.3%
ELF +3.6%
LB +1.6%
It’s not all that hard to make outrageous returns when the NASDAQ is +250 I suppose my best attribute is knowing when to push the envelope. I moved it all to cash, presently holding bankrupt DO, which is higher by 60% today, some tinned foil, and my tera-cap short — which I double down on — 80% cash.
WTI is +32% today, so there’s always that. Wacky market and I hope you’re not trying to fish on your own anymore. Just sit down and eat the fucking fish I serve already. Exodus is still accepting new members, which I may need to halt until I launch Stocklabs due to the pressure being applied to the servers.
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Low risk spot for long silver with stop around /si 15.19 on July contract.
Seriously hope no one else sold out of their 401k on March 16th. Yikes. All the rinky dink day trades in the world aren’t going to offset that blunder. RIP trusting readers
Real Talk
The only real talk here is you’re a fucked face.
Some might be offended by the insult, but I admire your candor and bravado. I will continue to support your blog Dr Fly.
“RINKY DINKY TRADES”
Salty motherfuckers
Hey FLY ?
How is you retirement account ?
I guess its down to selling mugs and t-shirts now.
How is unemployment?
This epic short squeeze is getting more and more uncontrollably euphoric.
Nudge the RTY up to 1370+ and I’ll get serious about shorting.
That doesn’t sound very algorithmic
Does that have to be?
I suppose a non-algorithmic yet profitable bet is less elegant, but I don’t mind the money.
China study results published in medical journal today
“In this study of adult patients admitted to hospital for severe COVID-19, remdesivir was not associated with statistically significant clinical benefits.”
https://www.thelancet.com/journals/lancet/article/PIIS0140-6736%2820%2931022-9/fulltext
Gilead leakign data about their study:
After 14 days: 7-8% died, (depends if you count Italy), 61% discharged, so 30% still hospitalized. This study included children
Recall the i nthe CHina study (no kids), 12.8% died within 28 days *without* remdesliver
Yes, COVID is COVID. The human race is learning to live with it.
The tape is the tape, however manipulated it is.
It seems like this will be the likely summary when all th results are released:
Remsdleiver will not change the overall Death rate, but may help some people recover faster.
Here are the results so far for the remdesliver NIAID trial:
https://www.niaid.nih.gov/news-events/nih-clinical-trial-shows-remdesivir-accelerates-recovery-advanced-covid-19
Quicker time to recovery for remdesliver.
Marginially better survivability (not yet statistically significant), but given that remdesliver works faster, I want to know if they are talking 14-day (tentative) or 29-day (final). In other words, do patients die more often without remdesliver or do they just die faster?
That treatment got a serious vote of confidence as per wsj:
https://s.wsj.net/public/resources/documents/Scientists_to_Stop_COVID19_2020_04_23_FINAL.pdf
Thanks for the link
Q:For example, why quote the success of Remdesliver in **monkeys** against ebola?
A; It’s already shown to be ineffective in **Humans** for ebola.
Two antibodies treatemetns were “90% effective” while “33 percent of those who received the antiviral drug made by Gilead died”
https://www.nytimes.com/2019/08/12/health/ebola-outbreak-cure.html
CDC doesn’t recommend it against ebola, either.
https://www.cdc.gov/vhf/ebola/treatment/index.html
It really doesn’t help people in severe conditions, but perhaps it wil lehlp given early. Will wait for the NSAID study results.
Dude – whatever opinion one has, there are unlimited data and information to support it. Doesn’t change the fact that your opinion of impending stock market doom is wrong.
Perhaps – or early. We’ll see
Bring back the Merlin pic!
Started on RTY short from 1368 (up to 1393 for today) per my own math.
math is gay
Somewhat.
Fly, I was going to sign up for Exodus but having a difficult time getting questions answered. I sent a message with no response and I called your 800 number, dialed 2 for sales, and got some rando dude that never heard of Exodus. Anyone that I can talk too with questions?