iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,688 Blog Posts

Raging Fucking Melt Up

Momentum stocks are back in play, especially in the EV sector. Shit like FUV and SOLO are roaring to new highs, as America braces to toss their engines into the trash in exchange for a battery operated cuck-mobile. Exxon
mobile paid me to say, “gas is cool, so get yourselves a nice big world killing fuckhead truck.”

I tool various trades today, in and out of BLNK, DMYT, JMIA, NLS, and AYRO for profit. I cut losses in stocks that did nothing, such as HSY, CYH, GME, and GME.

I am fully invested, up 140bps in my trading, no longer a value man — more oriented towards fucked up growth stocks.

In my Quant and new Long Term Dollar Cost Avg account, things are even more degenerate, +2.1% and +2.2% respectively.

Things have a way of working out at House Fly, amidst the tumult and the drama; in the end, I always win.

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10 comments

  1. s.k.

    That dumb fuck ferd is both short bonds and equities. What an asshole.

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    • purdy

      Wrong. WAS short bonds and long small caps. While I am no longer short bonds I am still long individual small caps ..although I just shorted the Russell. So, I’m short /ES and short IWM.

      Cute puppy though.

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  2. emersonlakepalmer

    Who in their right mind would pay to have lunch w/ Ackman to benefit the David Lynch Foundation, which promotes the practice of Transcendental Meditation to inner city kids (yeah, they have the attention span to meditate 20 minutes 2x daily), veterans w/ PTSD, domestic violence sufferers, etc., etc. I tried TM once, they told me I had to pay $$$$ before they could give me my “Mantra”. Here is my mantra: “Go fuck yourself”. Even the stoned Beatles figured out the Maharishi Yogi was a fraud.

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  3. purdy

    You see s.k., as I noted over a week ago, money tends to flow into small caps when bonds are weak. Now with that bond weakness in doubt, the Russell will plunge to at least the low 172s whereupon I will cover and laugh at your pettiness.

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  4. purdy

    I’ll try to stick to politics here so as not to upset s.k. and Alty on trading.

    While I don’t agree with any journalist (as they all tend advocate for a more powerful and intrusive government than I’d like) the following are courageous journalists/advocates for free speech (as opposed to the MSM cowards and traitors): Aaron Mate, Glenn Greenwald, Max Blumenthal, Ron Unz. All Jews my racist little friend s.k., …deal with it.

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    • emersonlakepalmer

      I used to like to read that Hunter Thompson fellow. Then he blew his brains out at his kitchen table with his family in house. Mental illness combined with LSD and mescaline is not advised.

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  5. emersonlakepalmer

    To Richard Weiner: On this day in 1942, Operation Uranus began. I thought you’d like to know.

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